Last week, Birmingham played host to the annual IFoA Life Actuarial Conference which ran from the 22nd-24th of November. Arriving from all over the UK, Europe and further, actuaries congregated at the ICC for three days to attend a wealth of topical plenaries and workshops. As always, the Life Conference served as a premier event in which a broad range of professionals were able to meet, exchange ideas and discuss the current hot topics in life insurance.
The Wednesday opening plenary was delivered by Former Labour Communications Director, Alastair Campbell. An interesting and insightful view was offered by Mr Campbell on the political impact of current affairs on the future of the insurance industry. On a lighter note, HFG were also pleased to host celebratory drinks for Abby Tempest, whom has headed up our life actuarial desk for the past 3 years. The night was a huge success and it was wonderful to see so many there to wish Abby well on her big move to our Hong Kong office!
On Thursday the conference was in full swing and a whole host of plenaries and workshops were available for everyone to attend. Unsurprisingly, IFRS17 was a hot topic where the IFoA’s financial reporting group were able to shed light on what the new accounting standard will mean for the global insurance industry. Other big themes addressed were of course the impact of Brexit and the continued effect of Solvency II.
On the final day, as the conference came to a close and the last of the plenaries took place, we were happy to announce the winners of our competitions! After much engagement from all those that visited our stand, Dominique Godin was the lucky winner of our VR head set, beating the competition with a momentous score of 64 on our American football Virtual reality game. Also a big well done to our runners up John Lim and Adam Robinson and to Gavin Prunty the winner of our business card raffle – prizes of which included a bottle of champagne, chocolate and a case of wine.
As always, we had a fantastic time at the Life Conference and look forward to seeing everyone again next year!