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Pandemics Task Force (Disbanded)

IAA activities aim to promote collaboration with key stakeholders globally to identify, develop and support sound approaches to financial protection (e.g., insurance, private pensions, social security, health care insurance etc.) against the broad implications of pandemic-related risks

Sara Teppema

Chair

Disbanded - 23 November 2025
  • Coordinate and facilitate the interchange and communication of relevant information within the profession globally, thus adding value to the separate contributions of our FMAs;
  • Consolidate global actuarial contributions to support the work of supranational bodies engaged in responding to the implications of the pandemic on financial protection systems which may include, for example,
    • Protection gaps
    • Features of sustainable financial protection systems
    • Considerations in public/private sharing of pandemic or other catastrophic risks
    • Implications for improved risk management by financial protection systems on both a macro (global) level and on a micro level such as internal risk management, financial reporting, and prudential regulation in this area, as well as provide forum(s) for discussion;
  • Improve the understanding of both the role and limitations of financial protection systems and the resulting issues for society;
  • Gain deeper insight into how the COVID-19 pandemic evolved into a global catastrophe and identify key elements of the process so that future pandemics or even similar future events that have the same paralyzing effect can be predicted and/or mitigated.
  • We also foresee progress in attaining the following indirect objectives:
    • Wider awareness of the potential impacts of the pandemic on financial protection system risk management, reporting and disclosure;
    • Increased recognition for the potential contribution of actuaries as risk experts on the part of supranational bodies, government agencies, industry and the public; and
    • Development of the actuarial profession’s skill sets and capabilities to assist key stakeholders in managing pandemic-related risks.