The state of the art: how ESGs and actuarial software are evolving
New regulations and evolving client needs are requiring vendors of economic scenario generators and actuarial modelling systems to upgrade their products. Clive Davidson reports on how the developers are responding
Life and pension firms are facing significant challenges on several fronts. First, there is the difficult business climate in many countries where there are depressed and uncertain economic conditions. Then there is the question of where to invest to get the returns to meet liabilities given the global market uncertainty. Finally, there is the imminent introduction of Solvency II in the UK and
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