News

Attached below is the September edition of the SAI Newsletter.  Included in this edition are articles on:

• SAI Strategy Plan 2014-2017
• SAI organisational chart
• Women Invent Tomorrow
• Maths Tutorials
• Q&A with Pat Curtin
• Work-Based Skills
• Student News

The Central Bank of Ireland has published the article  “Reinsurance in Ireland: Development and Issues”  from the Central Bank’s Quarterly Bulletin for Q3 2014.

The Joint Committee of the three European Supervisory Authorities (ESAs - EBA, ESMA and EIOPA) launched a consultation on draft Regulatory Technical Standards (RTS) on risk concentration and intra-group transactions within financial conglomerates. The technical standards aim at enhancing supervisory consistency in the application of the Financial Conglomerates Directive (FICOD). The consultation runs until 24 October 2014.

EIOPA published a speech by Gabriel Bernardino, Chairman of EIOPA, at the AMICE Congress 2014 in Nice.

Click here to read the speech.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its Annual Report 2013.

Attached below is the May 2014 Newsletter.  Included in this edition are articles on:

• SAI Fellowhsip Ceremony February 2014
• SAI Graduation Programme March 2014
• Update on Pensions Committee
• 'Striking a balance between informing and influencing'
• Round-up of Society CPD Meetings
• CMI Mortality Projection Methods 2002-2013
• Question Time
• CPD Calendar and Audit
• Student page

The Central Bank of Ireland has published Reserving Requirements for Non-Life Insurers and Non-Life and Life Reinsurers (“the Requirements”).

The purpose of the Requirements is to strengthen the reserving framework for non-life insurers and non-life and life reinsurers. The Requirements set out a series of requirements in areas such as the role of Signing Actuary, internal and external audits, reserving policy and issues which should be considered by the Boards when setting the margin for uncertainty.

The Actuarial Association of Europe issued the following press release today:

Gabriel Bernardino, Chairman of EIOPA, delivered the keynote speech at the  Seminar of the Actuarial Association of Europe on the need for an integrated network of supervisory authorities, close cooperation between supervisors and consistent supervisory practices.

The full text of this speech is available at https://eiopa.europa.eu/press-room/speeches-presentations-and-interview….

The European Insurance and Occupational Pensions Authority (EIOPA) has established an area on its website dedicated to the stress test exercise 2014 for the insurance sector.

Attached below is the December 2013 SAI Newsletter.  The following articles are included:

• Christmas Drinks and Charity Table Quiz
• Results of CPD Survey
• Fellowship Ceremony & Maths Tutorial Intiative
• Round-up of Society CPD meetings
• Reform of Defined Benefit Legislation
• Solvency II Committee
• Interview with Conor O’Neill
• Gala Ball
• Student News