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This paper (Working Paper n° 366 by the NBB/BNB) reviews a sample of studies on the long-term impact of Brexit on GDP and welfare for both the UK and EU economies. It considers only official and academic studies published before the end of November 2018. More
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At the Statutory General Assembly of 14 March 2019, the results of the elections for the new IA|BE Board were announced and confirmed. Erik Van Camp becomes the new IA|BE Chairman. More
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The new issue of The European Actuary (Number 19 – March 2019) is now available and can be downloaded from the AAE website. More
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The third European Congress of Actuaries will take place in Lisbon on 6 and 7 June 2019. It will discuss the professional challenges and opportunities in traditional work areas as well as in new areas of activity of actuaries: new technologies, data science and cyber risks, behavioral finance, consumer protection, independent advice, capital standards, implementation of Solvency II, IORP, actuarial skills in wider fields and much more. The target audience includes practitioners, actuaries and academics, risk managers working in industry, decision makers and other professionals interested in the future of risk management in Europe. More
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The European Actuarial Journal (EAJ) publishes research articles and survey articles as well as papers engaging the mutual transfer between research and practical applications. EAJ Volume 8 Number 2 containing 10 articles is now available! EAJ Volume 9 Number 2 is now available! More
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The 2018 Ageing Report was prepared as part of the mandate the Economic and Financial Affairs (ECOFIN) Council gave to the Economic Policy Committee (EPC) in 2015 to update and further deepen its common exercise of age-related expenditure projections, on the basis of a new population projection by Eurostat. It is the sixth report with long-term projections of the budgetary impact of the ageing population in the EU Member States and Norway, covering the period 2016–2070. In response to the mandate, the EPC mandated a working group, the Ageing Working Group (AWG) under the chairmanship of Godwin Mifsud, to take forward the work needed to discharge this remit. More
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The European Insurance and Occupational Pensions Authority (EIOPA) issued a call for experts to join a Technical Expert Network on Catastrophe Risks with the aim to strengthen and complement EIOPA's expertise with regard to the modelling and mitigation of (natural) catastrophe risks and climate change risks. This initiative is part of EIOPA's work on sustainable finance. More
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The Lancet has published a study on moddeling life expectancy, all-cause mortality and cause of death forecasts. The authors' reference forecast predicted continued declines in global mortality and improvements in life expectancy, though at a slower rate than achieved in the past. Because of faster progress among many lower-SDI countries, absolute disparities between countries are currently projected to narrow by 2040. Nonetheless, the differences between better health and worse health scenarios for 2040 remain substantial, emphasising that the reference forecast is not inevitable and thus policy choices made today can profoundly affect each country’s future health trajectories. More
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In the recent publication of the 2018 Eduniversal Best Masters Ranking for Actuarial Science, Risk and Insurance, the three Belgian universities offering an actuarial program made it to the top 20. UCLouvain ranks first, ULB can be found on the 4th place, KULeuven is on 16. This once again proves the quality of the actuarial programs at the Belgian universities. More
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