What’s Happened to Interest Rates? - a talk by Andrew Smith, Partner at Deloitte

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Andrew Smith
Speaker: Andrew Smith, Partner at Deloitte

Monday 9th February 2015 at 3PM (refreshments from 2:30PM), Rotblat Lecture Theatre, Chadwick Building

The last twenty-five years have seen a steady decline in interest rates in major economies. Government bond yields are now negative in some European countries. At the same time, by many measures, interest rate volatility has increased. Andrew Smith assesses what could happen next and the implications for insurers and pension funds.

Andrew is well known internationally for his portfolio of ground-breaking client assignments and extensive published research in the actuarial field. He graduated from Cambridge University in 1990, with a first class degree in mathematics. Since joining Deloitte, Andrew has consulted with many clients in diverse areas and leads a team of specialists who develop, support and market Deloitte’s flagship capital market modeling technology – XSG. Andrew has also published many papers in insurance, pensions and financial matters. In 1996 he won the Institute of Actuaries' prize for his paper "How actuaries can use financial economics", another prize in 2002 for his joint paper “Corporate Bond Models”, and a further prize for his 2004 paper “The cost of capital for financial firms”. In 2008, the Institute of Actuaries awarded Andrew a Finlaison Medal, in recognition of Andrew’s contribution to actuarial science.

This annual lecture has been devised for actuary professionals, students of actuarial mathematics and mathematics with finance. Please note that prior the lecture there will be light refreshments available where students will be able to mingle with the representatives from the Worshipful Company of Actuaries, lecturers and actuary professionals. 

Worshipful Company of Actuaries

This lecture is sponsored by the Worshipful Company of Actuaries. For those who wish to claim CPD credit, a register of attendance will be taken.