A new approach to Practising Certificates & more…Keep up with what has been happening this week in our latest actuary news round-up…

A new approach to Practising Certificates

Following an initial consultation on proposals for a simplified, more proportionate, and effective Practising Certificates Scheme in 2021, the IFoA has now published the detailed new scheme along with a summary of consultation responses.

L and G agree second bulk annuity deal with Triplex Lloyd

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c£75 million bulk annuity transaction for the Doncasters Section of the Triplex Lloyd Final Salary Plan (“the Plan”), securing the benefits for around 300 deferred members and 800 retirees.

Cyber perils top global business risk ranking

Cyber perils are the biggest concern for companies globally over the next 12 months, followed by business interruption and natural disasters.

Beazley launches business risks report

Specialist insurer Beazley’s new report Spotlight on business risks shows that business leaders believe they are more resilient as we move into 2022, but 34% still place business risks as their top concern for the year.