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Not all years lived are equal: understanding measures of health

Five people in gym clothes taking part in an exercise class outdoors near some trees. Credit: Gabin Vallet, Unsplash.

Not all years lived are equal: understanding measures of health

HLE and QALYs both measure quality of health - but they're built differently, used differently, and answer different policy questions. Find out more in this blog from GAD actuary Natasha Hill.

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Swans and flamingos

Posted by: Kailesh Patel - Analyst, Posted on: 9 December 2021 - Categories: Analysis, Climate change, Finance
Close up of pair of hands holding soil with small plant in there.

Climate change is at the fore of sustainable finance which can be thought of as the integration of environmental, social and governance factors into lending and investment. This blog investigates the challenges around these issues.

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Supporting strategic decisions with statistical modelling

Posted by: Gina Mosquera - Actuary, Posted on: 19 November 2021 - Categories: Actuary, Analysis, Modelling
Image of a teacher looking at a large book against a background of mathematical symbols.

In this blog, we talk about how we’ve been using statistical techniques and actuarial skills to analyse instances of fires in schools. This then allows us to better understand and model them.

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GAD’s getting ready for Glasgow

Posted by: Edward Cole - Actuary, Posted on: 29 October 2021 - Categories: Actuary, Analysis, Climate change
The words 'net zero' written in the sand of a beach.

As delegates from around the world gather in Glasgow for the COP26 climate change conference, GAD looks at what is set to be debated and what the conclusions could mean for our clients.

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Small data thinking in a big data world

Posted by: Aidan Smith - Chief Actuary, Posted on: 27 October 2021 - Categories: Actuary
Montage decorative image of graphs and hands typing on a keyboard.

The benefits of small data thinking in a big data world is examined in this latest blog. The process of verifying data has been central to analytical modelling for decades, but does this approach apply to big data?

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Financial support for smaller businesses

Posted by: Jason Ronad - Senior Trainee Actuary, Posted on: 13 October 2021 - Categories: Actuary, Finance
Pensive businessman at laptop.

Raising finance is important in allowing a business to function. In particular, working capital enables the day-to-day operations of the business. The need for this finance was the main focus for all businesses during the pandemic, especially for the smaller ones.

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Algorithms in government

Posted by: Nazmus Haq - Actuary, Posted on: 8 October 2021 - Categories: Actuary, Analysis, Coronavirus
Aerial view of people who have been virtually tagged by an app scan.

We look at the challenges and benefits of algorithms used by government on a daily basis. They are used in decision-making processes and these decisions can have an impact on our lives. In this blog we examine how the pandemic has given the government the impetus to test the art of the possible.

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Biodiversity and the role of actuaries

Posted by: Georgina Bedenham - Actuary, Posted on: 13 September 2021 - Categories: Actuary, Climate change
Bat hanging upside in a tree.

In this blog we focus on how actuaries are examining issues and upcoming problems associated with biodiversity loss. GAD actuary Georgi Bedenham looks at the role of actuaries and how they can help.

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Measures of Price Inflation: RPI, CPI, and CPIH

Posted by: Dillan Patel - Analyst, Posted on: 23 August 2021 - Categories: Analysis
Signpost with 2 arrows - one is labelled deflation and the other one is labelled inflation.

This blog looks at how inflation was affected over the pandemic and the outcome of a consultation to reform the UK’s longest standing measure of inflation, the Retail Price Index.

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Apprenticeships - then, now and next

Posted by: Miriam Singh - Business Development Administrator, Posted on: 18 August 2021 - Categories: Careers
Image shows top view of a meeting with a group of 5 people using laptops, papers and notes at a wooden table.

Spotlight on apprentices - in this blog we find out the experiences of our apprentices, including current apprentices and those who have moved into a role.

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A new model for modelling

Posted by: Michael Hodge - Office for Statistics Regulation, Posted on: 4 August 2021 - Categories: Analysis

In GAD, modelling is a core part of our work. We use it to ‘chart plausible futures.’ In this guest blog, Michael Hodge, the Head of Automation and Technology at the Office for Statistics Regulation talks about using the Code of Practice for Statistics to develop a new socio-technical guidance for modelling.

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This blog explains the relevance of the work actuaries in government do, and provides actuarial views on topical issues and insights into actuarial work.
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