Category Archives: actuaries
How COVID-19 kills
This is what we see More than 190k people have died of COVID-19 worldwide to date. In EU/EEC countries about 30% of infected people require hospitalisation and 4% go into intensive care units (ICU)1. Of those hospitalised, 12% died. Those … Continue reading
Posted in actuaries, coronavirus, pensions
Tagged Coronavirus, Covid-19, Covid-19 Actuaries Response Group, immune system, Joseph Lu, lung
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Is the PPF really suffering a “perfect storm”? I’m not so sure.
I am struggling to understand this analysis of the potential bills facing corporates with DB schemes. It appears in the Sunday Times but I’m not sure it’s very helpful. Here’s the article Troubled companies face a threefold increase in bills … Continue reading
Posted in actuaries, advice gap, age wage, pensions, Pensions Regulator
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Stuart McDonald on who’s catching the virus (part 2)
Stuart’s first tweet thread on the ICNARC data can be read here. This is part two and it’s co-morbid. The latest @ICNARC report is out. Let’s see if I can do a summary which is both jargon-free and typo-free this … Continue reading
Posted in actuaries, age wage, coronavirus, pensions
Tagged @actuarybyday, Coronavirus, Covid-19, icnarc, Stuart McDonald
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Actuaries, goats and flamingos; – the Covid-19 weekly report
General On 23 April, the European Centre for Disease Prevention and Control (ECDC) issued their ninth “rapid risk assessment” report on COVID-19 . As with previous ECDC reports, this is a very detailed and informative summary of all aspects of … Continue reading
Posted in actuaries, coronavirus, doctors, pensions
Tagged actuaries, Comorbidities, Covid-19, Flamingos, Goats, Nicotine
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How to talk to your staff about pensions
Quietroom are silently curating a lot of good advice using linked in. If you have the dexterity and the eyesight to access their posts , then here’s the link to the document. But I struggled and when I found the … Continue reading
Will health insurers be unlikely winners from Covid-19?
Background Much of the media and public attention is focused on the progression of Covid-19 in terms of cumulative and daily number of cases, deaths and recoveries. However, for health actuaries, our key interest is in infection rates and … Continue reading
Posted in actuaries, advice gap, coronavirus, EU Solvency II, pensions
Tagged Adrian Baskir, BUPA, Coronavirus, Healthcare, PMI, Private Medical insurance, WordPress
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Do Models help us understand Covid-19- Jimi Adams explains how they do
What are COVID-19 Models Modeling? This article first appeared in the Society Pages Image shows a model of the projected number of observed COVID-19 cases in Colorado under different levels of social distancing, starting March 26. Figure from a report … Continue reading
Posted in actuaries, coronavirus, pensions
Tagged Coronavirus, Covid-19, Jimi Adams, Model, modelling, Pandemic
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“Procrustean Pensions”; Jon Spain challenges tPR’s modelling
On 03 March 2020, the Pensions Regulator (“TPR”) launched its consultation on clearer DB funding standards. The documentation included a report from GAD (the “report”) entitled “Modelling the Long-Term Funding Objective” dated 14 February 2020. This short piece concentrates upon … Continue reading
Posted in actuaries, pensions
Tagged GAD, Jon Spain, modelling, pensions, Procrustean, TPR
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icnarc highlights – an actuary explains what the data is telling us (April 17)
ICYMI – I did my commentary on this week’s ICNARC report yesterday, a day earlier than in recent weeks. https://t.co/2TZybdTsTW — stuart mcdonald (@ActuaryByDay) April 19, 2020 Another week, another @ICNARC report. When I dug through this report two weeks … Continue reading
Posted in actuaries, advice gap, pensions
Tagged actuaries, Coronavirus, Covid-19, Covid-19 action group, icnarc
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Care homes – the elephant is out the room
We can take as the roughest of approximations that the numbers dying in care or at home is about half of the number in hospitals. That would mean that the number who have died outside hospital by now (April … Continue reading
Posted in actuaries, advice gap, coronavirus, pensions
Tagged actuaries, Care Homes, Data, Death, elephant, residential care, Room Covid-19
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