Topical issues update for 2023 exams:
Hi
For the SA level subjects, it is important to keep abreast of current developments in the insurance industry. Although you shouldn't be tested on factual knowledge outside of the Core Reading, it is possible that some exam questions may cover topical issues that are not covered explicitly by the Course Notes.
Below is a list of topics you may wish to consider as a student studying SA2. The attached document expands briefly on the following topics:
· High inflation environment
· Implications of global pandemics on the life insurance industry
· Implications of Brexit,
eg on Solvency II, EU gender directive
· IFRS 17,
eg implementation issues
· The latest development of the International Capital Standards (ICS). Further information can also be found at:
https://www.bis.org/fsi/fsisummaries/ics_overview.pdf)
· Climate change and the impact on insurers
· Data science and analytics
· Cyber risk
Further topics you may also want to consider are:
· Use of AI in life insurance
· The expansion of the global insurance market,
eg within developing economies
· Changing pensions environment,
eg reducing tax advantages
· Infrastructure investment and sustainability.
Hope you find this useful.