May 2026 Edition of the Actuarial Post Magazine


With no real end in sight to the conflict in the Middle East, despite numerous ceasefires, ultimatums, blockades and opening and closing of the Strait of Hormuz, prices continue to rise. With Brent Crude up to $112 a barrel at one stage and the subsequent jump in prices at the pump, it comes as little surprise that BP doubled their profits for the first quarter to $3.2 billion, there are some winners from the conflict it seems. This month’s cover story comes from Anna Rogers, founder of Arc Pensions Law examining the Virgin Media fix a legal and actuarial double act.
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Moderate natural catastrophe losses mask escalating risks

Insured losses in 2025 were below average for the past decade, but against a backdrop of elevated hazard potential. Insured losses in 2025 broke the $100 billion barrier for the sixth consecutive year — a number that has long been considered a measure of escalating natural catastrophe risk. Without a major U.S. hurricane landfall, however, losses came in below the average incurred during the past decade. While the market may take a moment to exhale, context is crucial. A below-average loss year is not an anomaly; statistically, it is the expectation.

How technology is helping professional trustees

Our previous articles on the future of professional trusteeship looked at regulation, diversifying strategies and resourcing needs. All the firms we spoke to recognise the need to be more efficient, especially as demand grows and budgets tighten. Views vary on how to achieve efficiency, but technology emerges as a key enabler. Professional trustees see AI as particularly important for data management, simpler processes and help with decisions.

Raising standards of trusteeship and governance

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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THE VIRGIN MEDIA FIX: A LEGAL AND ACTUARIAL DOUBLE ACT
 
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