Local authorities spend millions buying insurance, while central government departments retain their risks. Why is this - and is there a better way? Read the insights and opinions of a GAD actuary who's also a director of the Local Government Mutual.
In the week that the nation marked the first anniversary of lockdown, GAD actuary Nazmus Haq reflects on his year working in the Department of Health and Social Care as they looked to identify and protect vulnerable patients thought to be at high risk from coronavirus.
Pandemic bonds transfer pandemic risk from developing countries to the financial markets. The capital raised is reserved for responding to pandemic outbreaks. In this blog we look further into what pandemic bonds are, how they work and what happened when COVID-19 occurred.
The COVID-19 pandemic has proved a difficult time for the hedge fund industry. Not all of its players have managed to live up to the challenges. In this blog we look at how hedge funds have fared over the past year or so.
Actuaries in government is more than just a blog name, it is all about the work we do. At the Government Actuary's Department, we translate the output of our analysis into useable intelligence which helps improve the decision making required to address the wide range of challenges we are facing.
With the rise in focus on environment, social or governance issues, green bonds are become an empowering and image-friendly investment even in these early days. This blog looks at the past, present and future trends (of issuance) of green bonds and the impact of the coronavirus pandemic on green bonds.
We look at the different aspects of insurance in the public sector, as it applies to local authorities and national government, and the associated impact of the pandemic.
Countries around the world have reacted to COVID-19 in a variety of ways from lockdowns and curfews. This blog looks at how COVID-19 has had an impact on investment.
In this blog, GAD actuary Edward Cole talks about how his career path has taken him from actuary to academic and back to actuary again. This boomerang career takes in work in the private sector, examining the importance of Victorian egg collectors and joining GAD's team in Edinburgh.
The issues around negative inflation are discussed in our latest blog. We look at how negative inflation, or deflation, is measured and what it means for the economy. We ask too who ultimately are the winners and losers in this.
GAD has arranged a 2 day event on the government's climate challenge and the role risk management can play. This event will look at understanding and reflecting climate uncertainty as well as future government challenges. Read more about this from one of the people in GAD who has helped set up the event.