News

30 Jan 2012

ASB issues proposals on Financial Reporting Standards

From the UK Financial Reporting Council today (30th January 2012):

ASB issues revised proposals for the Future of Financial Reporting Standards in the UK & Republic of Ireland

The Accounting Standards Board (ASB) of the Financial Reporting Council has today published financial reporting exposure drafts (FREDs) 46 to 48 setting out revised proposals for the future of financial reporting in the UK and Republic of Ireland.

10 Jan 2012

European Congress of Actuaries

The Groupe Consultatif's first European Congress of Actuaries - ECA 2012 - will take place in Brussels on 7/8 June 2012. The theme is The Future European Actuary. This Congress aims to attract actuaries working in industry, consulting and academia, as well as other financial professionals, politicians and others interested in the future of risk management in Europe. The programme will include speakers from the European Parliament and Commission, supervisory authorities, rating agencies, and other fields.

17 Aug 2011

IAA AFIR Section expands scope to Enterprise Risk Management

At the June, 2011 general meeting of the AFIR (Actuarial Approach for Financial Risks) section in Madrid, the membership affirmed a major expansion of the scope of the IAA section to now include Enterprise Risk Management (ERM) along with continuing the original focus on financial risks. To emphasize this change, the section has taken on a new name, AFIR/ERM.

16 Mar 2011

Constructing a Risk Appetite Framework: An Introduction

Paper on Risk Appetite

10 Mar 2011

IAA Releases Note on Enterprise Risk Management for Pensions

IAA News Release:

The International Actuarial Association is pleased to announce the publication by its Pensions and Employee Benefits Committee of a Note on Enterprise Risk Management for Pensions.

01 Mar 2011

Society responds to consultation on Impact Metrics for Risk Based Supervision

The Society of Actuaries in Ireland has responded to a “Consultation on Impact Metrics for the Risk Based Supervision of Financial Firms by the Central Bank and on Impact Based Levies”.

31 Jan 2011

Society responds to EIOPA consultation on Variable Annuities

The Society has responded to the EIOPA (formerly CEIOPS) consultation paper CP83, “Draft Report on Variable Annuities”.

We welcomed the Draft Report and expressed support for a substantial majority of the recommendations made in it.

25 Nov 2010

IAA Releases Note on Internal Models

IAA News Release:

The International Actuarial Association is pleased to announce the completion of the paper Note on the Use of Internal Models for Risk and Capital Management Purposes by the Solvency Subcommittee of the Insurance Regulation Committee.

23 Nov 2010

Society submits comments to European Commission on Insurance Guarantee Scheme

The Society has responded to a European Commission consultation on insurance guarantee schemes.

Consultation documents

Submission

19 May 2010

Enterprise Risk Management: UK Actuarial Profession commissions research

The Management Board of the UK Actuarial Profession has identified enterprise risk management (ERM) as an area of growth, particularly within the financial sector.

18 May 2010

Financial Regulator consultation on Corporate Governance Requirements

The Financial Regulator has published a consultation paper on "Corporate Governance Requirements for Credit Institutions and Insurance Undertakings".

The paper attempts to align corporate governance requirements with recent international regulatory initiatives in the governance field and proposes minimum standards that credit institutions and insurance undertakings will be expected to meet in this area.

26 Feb 2010

Newsletter February 2010

Newsletter February 2010

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