The IAA Life Section (IAALS) was formed in 2005 to advance the actuarial practice in the global life insurance industry. Our members work throughout the world in both academia and as practitioners.
Our Core Aims:
The core aims of the Life (IAALS) section are to:
- Sponsor and promote new actuarial research among academics and practicing actuaries
- Champion the exchange of knowledge and views between academics and practitioners
- Identify trends in products and risks, benchmark good practice and share ideas with the wider life industry through publications, colloquia and webcasts
- Collaborate with other professional bodies, scientists and regulators to identify and provide insight on emerging risks or existing risks still difficult to quantify leaving gaps in existing applied risk management solutions
- Offer a unique platform for members to connect in a community of experienced chief actuaries and thought leaders in academics who are tackling challenges in the life industry across the globe
Our Impact:
2023 Activities
Hosted 4 webinars:
- Modelling Mortality: A Bayesian Factor-Augmented VAR(FAVAR) Approach
- A Calendar Year Mortality Model in Continuous Time
- Vision from the IAA President - Presented by IAALS (Life Insurance)
- Innovation to Close the Gap in Protection Insurance Coverage
Launched the Call for Papers for the IAALS Research Grants
New ASTIN Bulletin Paper Prize
2022 Activities
Participated in the Online Joint Sections Colloquium with the Actuarial Society of Hong Kong and the PBSS Section.
Hosted 4 webinars:
- Insurance Valuation - A two-step generalized regression approach Point and Interval Forecasts of Death Rates Using Neural Networks
- Computation of Bonus in Multi-State Life Insurance
- The Impact of COVID 19 Pandemic on Future Mortality Trends
Awarded IAALS Research Grant to Ronald Richman and Salvatore Scognamiglio for Multiple Yield Curve Modelling and Forecasting using Deep Learning
Created the IAALS Ragnar Norberg Memorial Prize for the best life insurance paper published in the ASTIN Bulletin
2021 Activities
Participated in the Online Joint Sections Colloquium in 2021 – Hosting the keynote speaker of one of the 5 days of the event. 2.
Hosted 3 webinars:
- Solvency II Review
- Pricing Long-Term Life Insurance in Low-Interest Rate Environment
- Capital Management through a COVID-19 Lens 3.
Launched the Call for Papers for the IAALS Research Grants
IAALS Member Resources:
Join us on the IAALS LinkedIn Group
Get Involved!