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News Brief - September 24, 2025

IAA Represents Profession at OECD WPIP Meeting

Audience: All

Marika Guralnik represented the International Actuarial Association (IAA) at the OECD Working Party on Insurance and Pensions (WPIP) meeting in Paris on 10–11 September 2025.

The meeting focused on the status of IFRS 17 and its impact on OECD insurance data collection, alongside a review of the recent WPIP report on the topic. Marika presented practitioner perspectives on the roll-out of the IFRS17 reporting requirements; highlighting key challenges for the insurance industry and its stakeholders.

IAA to Strengthen Global Engagement with World Bank through New Relationship Management Team

Audience: All

Earlier this month, the IAA Executive Committee officially approved the formation of a dedicated Relationship Management Team to enhance collaboration with the World Bank. Led by Assia Billig as Relationship Manager and Tonya Manning as Deputy, the team will bring actuarial expertise to key global initiatives in social protection, pension reform, and capacity building in developing countries. This important appointment underscores the IAA’s commitment to advancing its Impact and Assure priorities while amplifying its global influence, enabling the organization to engage effectively with international stakeholders and contribute meaningful actuarial insights on a worldwide scale. 

Executive Committee Report to Council

Audience: Council Delegates

The minutes from the 4 September meeting of the Executive Committee are now available online.   

For any questions or comments, please contact Anne Lamarche, Executive Coordinator. 

Upcoming Events

Audience: All

Webinars

ASTIN Section: Multiple Yield Curve Modeling and Forecasting using Deep Learning

Thursday, 25 September 2025 – from 10:00 to 11:00 EDT

Climate Change: Can Extreme Value Theory predict the “end of times”?
Hosted by the General Insurance Forum

Thursday, 2 October 2025 – from 07:00 to 08:15 EDT

PBSS Section: Exploring the European Union’s AI Act

Tuesday, 7 October 2025 – from 09:00 to 10:00 EDT

IACA Section: Aligning Finance with Climate Goals 

Wednesday, 15 October 2025 from 10:00 am to 11:00 am EDT 

ASTIN Section: Worst-case reinsurance strategy with likelihood ratio uncertainty 

Thursday, 16 October 2025 from 11:00 am to 12:00 pm

Rethinking Commercial Underwriting in an Age of Changing Paradigms, hosted by the Data Analytics Virtual Forum

Thursday, October 21, 2025 from 8:00 am to 9:00 am EDT

Life Section Colloquium

Wednesday, 8 October 2025 – from 09:30 to 15:00 EDT

IAA CONSULTATION - Exposure Draft of Proposed Revisions to ISAP 1 - General Actuarial Practice  

Audience: Presidents and Council Delegates of IAA Full Member Associations 

Please refer to the transmittal memorandum from Greg Martin, Chair, Actuarial Standards Committee (ASC) of the IAA, regarding the exposure draft of proposed revisions to the International Standard of Actuarial Practice 1 (ISAP 1) on General Actuarial Practice, and with the associated glossary. 

The exposure draft was prepared by the ISAP 1 Review Task Force of the ASC and duly approved by the Actuarial Standards Committee (ASC) in accordance with IAA’s due process for developing International Standards of Actuarial Practice. 

The deadline to submit comments is 18 January 2026.  

For any questions, please contact Amali Seneviratne, Director Technical Activities, at the IAA Secretariat.