CERA

SOCIETY OF ACTUARIES RESEARCH INSTITUTE ANNOUNCES PARTICIPATION IN THE DEPARTMENT OF COMMERCE CONSORTIUM DEDICATED TO AI SAFETY

Retrieved on: 
Thursday, February 8, 2024
Collection, Insurance, Executive order, Ecosystem, CFA, Government, Trust (social science), Society of Actuaries, Safety, Organization, Development, Society, CERA, FSA, Intelligence, NIST, SOA, Artificial intelligence, Commerce, MAAA, Medical device

CHICAGO, Feb. 8, 2024 /PRNewswire/ -- The Society of Actuaries (SOA) Research Institute announced that it will lend its actuarial expertise, joining more than 200 of the nation's leading artificial intelligence (AI) stakeholders to participate in a Department of Commerce initiative to support the development and deployment of trustworthy and safe AI. Established by the Department of Commerce's National Institute of Standards and Technology (NIST), the U.S. AI Safety Institute Consortium (AISIC) will bring together AI creators and users, academics, government and industry researchers, and civil society organizations to meet this mission. As a member of this consortium, the SOA Research Institute will harness its expertise in AI security and its ethical use for the actuarial profession and insurance industry. 

Key Points: 
  • Established by the Department of Commerce's National Institute of Standards and Technology (NIST), the U.S. AI Safety Institute Consortium (AISIC) will bring together AI creators and users, academics, government and industry researchers, and civil society organizations to meet this mission.
  • As a member of the consortium, the SOA Research Institute will harness its expertise in AI security and  ethical use.
  • "We are honored to be part of the Artificial Intelligence Safety Institute Consortium initiated by the National Institute of Standards and Technology," said R. Dale Hall, FSA, CERA, CFA, MAAA, Managing Director of Research, Society of Actuaries Research Institute.
  • That's precisely what the U.S. AI Safety Institute Consortium is set up to help us do," said Gina Raimondo, U.S. Secretary of Commerce.

U.S. News & World Report Ranks Actuary in Top 10 of 100 Best Jobs of 2024

Retrieved on: 
Thursday, January 25, 2024
Student, Employment, Uncertainty, FSA, Science, Insurance, MAAA, Society, Government, Interface (computing), Risk, News, Climate change, SOA, Affiliation, FCA, Organization, Ageing, CERA, Life insurance

CHICAGO, Jan. 25, 2024 /PRNewswire/ -- U.S. News & World Report has recognized the actuarial profession with top rankings in several of its annual Best Jobs categories. Actuary was listed within the Top 10 on the 100 Best Jobs of 2024, and also in Best Business Jobs, Best STEM Jobs and Best Paying Jobs. Actuaries are professional experts on measuring and analyzing risk. They think three-dimensionally, using their knowledge of math, human behavior, and business insights to help organizations plan for the future and ensure financial security.

Key Points: 
  • CHICAGO, Jan. 25, 2024 /PRNewswire/ -- U.S. News & World Report has recognized the actuarial profession with top rankings in several of its annual Best Jobs categories.
  • Actuary was listed within the Top 10 on the 100 Best Jobs of 2024, and also in Best Business Jobs, Best STEM Jobs and Best Paying Jobs.
  • U.S. News & World Report publishes its annual rankings to provide valuable insights to individuals seeking guidance on career choices.
  • The rankings are determined by various factors, including future job prospects, salary potential, employment, work-life balance and job stability.

John Henriques Promoted to Senior Vice President and Chief Actuary of Crum & Forster Accident & Health

Retrieved on: 
Monday, January 22, 2024
Senior, Associate, FSA, Business administration, MAAA, Society, American Academy, Society of Actuaries, Division, Liability (financial accounting), CERA, Management

EATONTOWN, N.J., Jan. 22, 2024 /PRNewswire/ -- Crum & Forster's (C&F) Accident & Health (A&H) Division announces the promotion of John Henriques to Senior Vice President and Chief Actuary of A&H.

Key Points: 
  • EATONTOWN, N.J., Jan. 22, 2024 /PRNewswire/ -- Crum & Forster's (C&F) Accident & Health (A&H) Division announces the promotion of John Henriques to Senior Vice President and Chief Actuary of A&H.
  • "Since joining the Division in 2013, John has demonstrated outstanding technical and leadership skills.
  • He is a collaborative, highly-engaged and valued member of our organization," said Gary McGeddy, President of Crum & Forster Accident & Health.
  • John's career began as an Actuarial Associate with Mercer before joining C&F as an Actuarial Specialist.

CNO Financial Group Names Karen DeToro President, Worksite Division and Jeremy Williams Chief Actuary

Retrieved on: 
Thursday, October 26, 2023
University of Southern Indiana, Insurance, MAAA, CNO, NYSE, CERA, Health, EY, Mathematics, Economics, Life, Northwestern University, American Academy of Actuaries, CNO Financial Group, Projection, MBA, Growth, American Academy, Workplace, OneMain Financial, Retirement, FSA, University, Society, Society of Actuaries, Butler University, Management, Life insurance, New York Life Insurance Company

CARMEL, Ind., Oct. 26, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today named Karen DeToro as president, Worksite Division and Jeremy Williams as chief actuary, effective January 1, 2024.

Key Points: 
  • CARMEL, Ind., Oct. 26, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today named Karen DeToro as president, Worksite Division and Jeremy Williams as chief actuary, effective January 1, 2024.
  • DeToro and Williams will report to Gary C. Bhojwani, chief executive officer.
  • DeToro, currently CNO's chief actuary, is a seasoned insurance and financial services industry leader with nearly 30 years of experience in strategy, individual and group insurance product management, technology enablement, actuarial and finance.
  • "In the past several years, CNO expanded our Worksite offerings as a comprehensive provider of personalized employee benefits solutions," said Bhojwani.

#Greentech: MECAWARE secures €40m to become the leader in battery recycling and the production of strategic metals in France and Europe

Retrieved on: 
Friday, October 6, 2023
CERA, Partnership, Recycling, Technical Centre for Agricultural and Rural Cooperation ACP-EU (CTA), CNRS, RRR, CO2, Institut national des sciences appliquées de Lyon, BNP Paribas, State, École Supérieure de Chimie Physique Électronique de Lyon, Entrepreneurship, Manganese, Nature Chemistry, Ecosystem, Environment, American Chemical Society, MTB, Regulation (European Union), Lithium, Cobalt, Head, Nickel, CIC, EU, Metal, Renewable energy

This funding will enable the industrialisation of the pilot scheme for the recycling of battery production scrap (Gigafactories Scrap - ScrapCO2MET project), which will be operational in 2025.

Key Points: 
  • This funding will enable the industrialisation of the pilot scheme for the recycling of battery production scrap (Gigafactories Scrap - ScrapCO2MET project), which will be operational in 2025.
  • To prepare for this development, MECAWARE is finalising the installation of its new Technical Centre on the outskirts of Lyon (Vénissieux).
  • MECAWARE is currently focusing on the recycling of end-of-life batteries and production scrap from battery-making factories.
  • Consequently, its economic and ecological value is particularly appealing: the MECAWARE eco²-efficiency adapts to feedstocks and to evolutions in battery technology.

#Greentech: MECAWARE secures €40m to become the leader in battery recycling and the production of strategic metals in France and Europe

Retrieved on: 
Friday, October 6, 2023
CERA, Partnership, Recycling, Technical Centre for Agricultural and Rural Cooperation ACP-EU (CTA), CNRS, RRR, CO2, Institut national des sciences appliquées de Lyon, BNP Paribas, State, École Supérieure de Chimie Physique Électronique de Lyon, Entrepreneurship, Manganese, Nature Chemistry, Ecosystem, Environment, American Chemical Society, MTB, Regulation (European Union), Lithium, Cobalt, Head, Nickel, CIC, EU, Metal, Renewable energy

This funding will enable the industrialisation of the pilot scheme for the recycling of battery production scrap (Gigafactories Scrap - ScrapCO2MET project), which will be operational in 2025.

Key Points: 
  • This funding will enable the industrialisation of the pilot scheme for the recycling of battery production scrap (Gigafactories Scrap - ScrapCO2MET project), which will be operational in 2025.
  • To prepare for this development, MECAWARE is finalising the installation of its new Technical Centre on the outskirts of Lyon (Vénissieux).
  • MECAWARE is currently focusing on the recycling of end-of-life batteries and production scrap from battery-making factories.
  • Consequently, its economic and ecological value is particularly appealing: the MECAWARE eco²-efficiency adapts to feedstocks and to evolutions in battery technology.

Amplified Industries Emerges From Stealth With $10 Million in Funding and a Mission To Bring New Digital Technologies to Heavy Industries

Retrieved on: 
Tuesday, August 29, 2023
Start-Up, Technology, IOT (Internet of Things), Professional Services, Other Energy, Oil, Gas, Software, Artificial Intelligence, Energy, Mobile, Wireless, Hardware, Smartphone, Internet of things, CERA, Ageing, Intelligence, MIT, Internet, Digital technology, Automation, Investment, CEAS, Television, Renewable energy, Cryptocurrency

Amplified Industries (formerly Acoustic Wells) , a pioneering industrial Internet of Things (IoT) solution, today announced its official launch from stealth with an in-market solution and $10 million in funding.

Key Points: 
  • Amplified Industries (formerly Acoustic Wells) , a pioneering industrial Internet of Things (IoT) solution, today announced its official launch from stealth with an in-market solution and $10 million in funding.
  • Amplified Industries’ IoT solution empowers onshore asset operators with real-time operations data and control to cut cost, slash emissions and increase production.
  • Oil producers are seeking streamlined optimization and monitoring solutions to boost productivity, prevent failures, and reduce environmental impact.
  • The funding will enable Amplified Industries to expand its business operations and empower heavy industry and energy operators at scale.

Society of Actuaries Research Finds That Americans Making Significant Trade-Offs Among Those Saving for Both Retirement and College

Retrieved on: 
Wednesday, July 12, 2023
Society, Travel, Gen, Education, Face, Friends, Life, CERA, Ageing, Society of Actuaries, Retirement, MAAA, Risk, Generation X, FSA, SOA, Family, Life insurance, Bank, Millennials, Research

Ninety-three percent of respondents are saving for their own children's college education, and 66% of Baby Boomer respondents (aged 58 – 76) are saving for grandchildren.

Key Points: 
  • Ninety-three percent of respondents are saving for their own children's college education, and 66% of Baby Boomer respondents (aged 58 – 76) are saving for grandchildren.
  • Along with college and retirement, respondents have other savings goals as well.
  • Forty percent of respondents report college fund beneficiaries will have to choose a public in-state college over a private or out-of-state college.
  • Results were weighted to be nationally representative of those regularly saving for retirement and someone else's college education (by age/gender, region, race and ethnicity).

Solvency is Now Within Reach for Many Multiemployer Pensions, According to New Report from NISA

Retrieved on: 
Friday, December 2, 2022
American Rescue Plan Act of 2021, ASA, Probability, Hotel manager, Kline-Miller Multiemployer Pension Reform Act of 2014, CFA, NISA, Investment, CERA, The Final Rule, Risk management, ARPA, Risk, Pension, Financial adviser, Life insurance, SFA

ST. LOUIS, Dec. 2, 2022 /PRNewswire/ -- NISA Investment Advisors, LLC ("NISA") released a special report to assist multiemployer pension plans in achieving solvency by navigating the labyrinth of changes under the Special Financial Assistance ("SFA") program's Final Rule. As outlined in a prior NISA posting, the SFA provisions of Sec. 9704 of the American Rescue Plan Act of 2021 ("ARPA") provide a lifeline to many multiemployer plans otherwise facing insolvency in the coming decade.

Key Points: 
  • ST. LOUIS, Dec. 2, 2022 /PRNewswire/ -- NISA Investment Advisors, LLC ("NISA") released a special report to assist multiemployer pension plans in achieving solvency by navigating the labyrinth of changes under the Special Financial Assistance ("SFA") program's Final Rule.
  • 9704 of the American Rescue Plan Act of 2021 ("ARPA") provide a lifeline to many multiemployer plans otherwise facing insolvency in the coming decade.
  • The report also demonstrates that knowing how bad an outcome can be in a downside scenario helps identify a better investment strategy for multiemployer pension plans.
  • NISA Investment Advisors, LLC is a registered investment adviser, and manages assets for some of the largest institutional investors in the U.S.

MaaT Pharma Publishes its Half Year Results and Provides a Business Overview

Retrieved on: 
Thursday, September 29, 2022
Biotechnology, Health, Pharmaceutical, Clinical Trials, Oncology, ICI, Therapy, Global, Safety, CIC, FDA, Food, Biomarker, PICASSO, CGMP, Association, Maat, Company, Growth, Partnership, Achievement, Forward-looking statement, Patient, Clinical trial, Market Access Program, Hematopoietic stem cell transplantation, BNP Paribas, Ecosystem, ARES, Lymphatic system, Research, Graft-versus-host disease, R, Operating cost, Communication, CIMON, CERA, Euronext Paris, AP-HP, Pharmaceutical industry, Dietary supplement, Cryptocurrency, Fine chemical, Caisse, Euronext

Operating loss amounted to 7.4 million compared with 4.0 million in the first half of 2021, an increase of 3.4 million.

Key Points: 
  • Operating loss amounted to 7.4 million compared with 4.0 million in the first half of 2021, an increase of 3.4 million.
  • The trial is sponsored by AP-HP with MaaT Pharma supplying drug candidates and performing the microbiome profiling of patients using its proprietary gutPrint platform.
  • A second down payment was made to Skyepharma by the Company in the first half of 2022.
  • MaaT Pharma, a clinical stage biotechnology company, has established a complete approach to restoring patient-microbiome symbiosis in oncology.