A 2020 survey of CIA members shows that just under one third of respondents account for climate change risks in their actuarial work, a proportion similar to that indicated in a 2019 survey. These results point to a continued need in the profession for additional information and guidance on the subject.
In a newly published CIA factsheet, we delve deeper into pension commuted values.
In this article, Bruce Langstroth, Michael Wang, and Valerio Valenti discuss the considerations for the selection of the adverse scenarios, their potential ripple effects, and corrective management actions, given the COVID-19 pandemic.
In this article, Mary Stock and Trudy Engel discuss a few key considerations that relate to the economic assumption setting process in these unprecedented times and will highlight a few CIA documents that may be worth reviewing.