Aviva completes £1.5bn buy-in & more…Keep up with what has been happening this week in our latest IP news round-up…

Aviva completes £1.5bn buy-in with Michelin Pension and Life Assurance Plan

Aviva has announced the completion of a £1.5 billion bulk purchase annuity full-scheme buy-in with the Michelin Pension and Life Assurance Plan.  

Broadstone appoints director of regulatory analytics

Broadstone has appointed Rahul Choudhary as director of regulatory analytics in its insurance, regulatory & risk division.

FRC publishes revised Technical Actuarial Guidance: Models

The Financial Reporting Council (FRC) has published revised Technical Actuarial Guidance: Models, to support the growing use of Artificial Intelligence and Machine Learning (AI/ML) techniques in actuarial work.

AI regulation shaping the future of the insurance industry

James Clark and Chris Halliday look at the EU AI Act, arguably the world’s first comprehensive law specifically designed to focus on the regulation of AI systems and its impact on the insurance industry.

Deloitte Ghana establishes School of Actuarial Excellence to strengthen financial markets

Deloitte Ghana has launched School of Actuarial Excellence to equip professionals and help grow the insurance and financial sectors.