News

28 Apr 2023

President's Biennial Dinner Speech 2023

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09 Oct 2020

Calibrating the CMI Model for Ireland

The Demography Committee of the Society of Actuaries in Ireland (SAI) has co-written a paper with the Continuous Mortality Investigation (CMI) of the Institute and Faculty of Actuaries (IFoA). Working paper 141 explores ways of adapting the CMI Mortality Projection Model for Irish population data, areas to consider when doing so and the likely challenges of such work. The paper also considers the potential impact on life expectancy of adapting the Model to use Irish population data.

The paper considers two approaches:

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29 Sep 2020

SAI Review of Best Estimate Mortality Projection Methods 2020

The Demography Committee of the Society of Actuaries in Ireland is pleased to present the results of the analytical review of methodologies in projecting best estimate mortality improvements for the Irish population. 



This paper summarises the analytical review performed by the Demography Committee in respect of a range of potential mortality improvement models in the context of best estimate, mortality improvement projections

 

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11 Nov 2015

Annuitant Mortality - Aggregated Data Study 2008 to 2012

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11 Nov 2015

Insured Lives Mortality - Aggregated Data Study 2008 to 2012

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16 Jul 2015

Annuity Conversion Rates in Retirement Fund Product Illustrations: Mortality Bases Review

The Demography Committee has prepared a report and recommendations following a review of the mortality assumptions used in converting a retirement fund into an annuity as prescribed in the following Actuarial Standards of Practice:

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20 Feb 2015

Presidents Biennial Dinner

Dermot Corry’s address to members and guests at the Society’s President’s Dinner on 12th February 2015 is available below.

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04 Jul 2014

Retirement Benefit Schemes Transfer Values: Mortality Basis Review

The Demography Committee has prepared a report and recommendations following a review of the mortality assumptions prescribed for use in calculating retirement benefit schemes transfer values. This report has been endorsed by Council and is available on the website here.


Actuarial Standard of Practice PEN-2 “Retirement Benefit Schemes transfer values” (“ASP Pen-2”) sets out the requirements relating to the calculation of individual transfer values payable under the Pensions Act 1990.

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10 Feb 2011

Kevin Murphy addresses members and guests at SAI Biennial Dinner

Kevin Murphy, President of the Society of Actuaries in Ireland, addressed members and guests at the Society’s Biennial Dinner on 10th February.  His speech is now available by clicking here.

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20 Dec 2009

Annuitant Mortality Study

The Society of Actuaries in Ireland carried out a study of annuitant mortality during 2008/'09, based on data contributed by a number of life assurance companies.  The results are set out in the attached report.  The Society would like to thank the participating companies for their assistance with this study.

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20 Nov 2009

Insured Lives Mortality Study

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19 Feb 2009

President's Biennial Dinner 2009

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