The process for credit provisioning at banks has similarities with the insurance reserving process that will seem familiar to many actuaries. In this episode, we hear from Mike Donovan and Erik von Schilling, FCIA, as they discuss what is changing with credit provisioning under IFRS 9, and how actuarial skills can potentially be useful in this area.
This is the second of three discussions about how CIA members have contributed to the profession by working outside of Canada. In this episode, we hear from Mike Hafeman, FCIA, who discusses his extensive international experience, which has taken him to 74 countries, and includes work with diverse locations such as Eritrea, Micronesia, and Eswatini.
A significant number of CIA members have contributed to the profession by working outside of Canada, in many instances using their actuarial skills in developing countries and emerging markets. In the first of three discussions with CIA members doing international work, we hear from Denis Garand, FCIA, as he shares his experiences in this area.
Why should you care about what the CIA does on an international front? Jason Malone, Chair of the International Affairs Council, explains why the world needs more CIA, praising its accomplishments as a good global citizen and sharing its ambition for the future.
Steve Bonnar, PhD, FCIA, discusses the paper entitled The Connection between Population Structure and Bond Yields, which takes a further look at how demographics can have an impact on realized asset yields. This research, part of a joint effort between the CIA, SOA, and IFoA, also looks at the resulting impact on pension plans in Canada, the US, and the UK. This episode is a follow-up to Episode...
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