YAI Connect: Exploring Current Developments in General Insurance and Pensions

The Young Actuaries Initiative invites to its new event series: YAI Connect - by Young Actuaries, for Young Actuaries In the pilot event, young actuaries of 'The Society of Young Actuaries in Ireland' will shape an engaging web session 'Exploring current developments in General Insurance and Pensions'. In the General Insurance segment, we'll navigate the evolving legal landscape, focusing on the Injuries Resolution Board, recent updates to the PIGs, and the implications of ongoing legal challenges. Key topics also include catastrophic injuries, the Occupiers’ Liability Act, and market dynamics across private motor, employers’ liability, and public liability. We’ll also examine trends in transport and their actuarial impact.The Pensions section will provide an up-to-date overview of Defined Contribution schemes, with a focus on Master Trusts—highlighting their benefits, drawbacks, and what lies ahead. We’ll review the Standard Fund Threshold, explore upcoming changes to PRSAs, and discuss recent improvements in Defined Benefit funding levels. The session concludes with a look at emerging investment and risk management trends shaping pension strategies today. Whether you're working in GI, pensions, or simply keen to stay informed, this session offers valuable insights tailored for young actuaries.