GAD shows new way to evaluate pre-arranged disaster financing & more…Keep up with what has been happening this week in our latest IP news round-up…

GAD shows new way to evaluate pre-arranged disaster financing

Government Actuary’s Department (GAD) has proposed a new approach to provide a simple comparison of the financial attractiveness of pre-arranged financing instruments.

The PPF has published the Purple Book for 2024

Net funding position remains strong with a modest improvement from last year. Net surplus stands at £219 bn, with funding ratio at 123 per cent. Bond allocations rise to 70 per cent; equity allocations fall to 15 per cent. Enhanced roll-forward methodology together with updated scheme status data applied enabling DB funding picture to be shown in more absolute terms.

Moderate growth predicted for global insurance premiums

Global total insurance premiums are expected to increase by 2.6% on average in real terms in 2025 and 2026, according to forecasts.

4Most hire Chartered Actuary Colin Haines as Client Partner

Specialist analytics and risk management consultancy 4most has added to its senior team with the addition of Colin Haines as new Client Partner for BPA Market Services based in the London office.

Success for Public Sector team at the LGC Investment Awards 2024

Barnett Waddingham’s Public Sector team have been named ‘Consultant / Actuary of the Year’ at the 2024 Local Government Chronicle (LGC) Investment Awards.