Cyber security risk has become an increasingly important risk for companies to manage. However, many organizations struggle with this, and reach approaches that are inappropriate or directionally incorrect. In this episode, Sim Segal, FSA, CERA joins us to discuss how a value-based enterprise risk management approach can address this issue.
An update from Practice Development Council Chair, George Wang, on the council’s goals and bright vision for the future of the profession and its actuaries.
Longevity annuities can be a useful tool in retirement planning. In line with this, the 2019 federal budget allowed for the purchase of advanced life deferred annuities (ALDAs). A recently completed CIA research paper takes a closer look at longevity annuities and how they fit in with Canada’s tax rules and retirement system. In this episode, we speak to Rui Zhou, ACIA, one of the paper’s authors...
A new report out today from the Canadian Institute of Actuaries (CIA) highlights data aggregated from 13 insurance companies in Canada for January to June 2020. Individual life insurance claims increased in April and May, at the height of the first wave of COVID-19, compared to the same period in 2019. The percentage of claims that could be attributed to COVID-19 also reached over 12% in April.
The CIA President explains how the Board operates, offers some examples, and provides an overview of the key questions Board members discussed at their meeting in September.
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