"The actuary who is only an actuary is not an actuary."
- Frank Mitchell Redington
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Second Open Letter to MAS
I have just sent a second open letter to MAS Chairman, Mr Gan Kim Yong, responding to NTUC’s Joint Statement of 4 August 2024. Having carefully considered the Joint Statement; I have repeated my call for the MAS to carefully scrutinise the proposed sale of NTUC Income to Allianz. […]
People before Profits
My commentary for Channel News Asia on the saga of the sale of Income Insurance to Allianz Europe. This is a story of how understandings and commitments were made and breached, and on the stark cultural differences between NTUC Income and Allianz.
In my piece, I also explore how Income Insurance can remain independent and continue to serve Singaporeans without being sold to a foreign multinational. […]
Reflections on the Allianz Purchase of NTUC Income
As we reflect on the events of the last week, when Singaporeans were presented with the disconcerting news that Allianz Europe B.V, a German multinational insurer, will acquire our beloved Singaporean icon, NTUC Income, someone sent me a copy of the tribute to the late Dr. Goh Keng Swee, which NTUC Income organised in May 2010 upon his passing. {…}
Reinventing the Profession
Earlier this month, the Institute and Faculty of Actuaries officially launched my Presidential theme “Reinventing the Profession.” This work will not be possible without the support and challenge of many of my actuarial friends and intellectual kindred spirits, the IFoA Executive Team and the Council. […]
"We want revolutionary actuaries"- Elon Musk
Elon Musk is a paradigm-shifting, revolutionary path-breaker. He is calling for actuaries to join him. Actuaries of the world, please respond to his challenge. Write to Tesla, if this intrigues you. […]
Actuaries For Transformational Change
A group of actuaries, Louise Pryor, Nico Aspinall, Oliver Bettis & I met in late November 2019. We felt that the actuarial profession no longer projected its weight. Yet the financial system is in peril from the unintended consequences of regulation through its failure to address sustainability. We wanted to revive a strong spirit of a learned society and thought leadership in the profession. In January, we held a colloquium with a dozen forward-thinking actuaries. […]

Uncertainty, Culture and Imagination
“I begin my Presidency by launching a new strategy with a focus on vision, skillsets, mindsets and domains for the profession. We want to enable our members and the profession to thrive in the digital age, and in a future filled with both uncertainty and opportunity. ” – Tan Suee Chieh
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