Not quite 'all about the actuaries'. Many branches of Science also require statistics. For example, one of my mates is currently doing his PhD in Psychology, and statistics is an integral part of his research. To give you an idea of how vital it is in psychology, there is a statistics unit at USYD solely dedicated to statistics
within psychology (mostly more advanced forms of hypothesis testing).
Also, conics (as it currently is) is fairly useless and only really serves as a way for HSC students to exercise their coordinate geometry muscles (when was the last time you saw a conics question that required you to actually THINK about what was going on?).
The closest thing, in the current course, to a more formal study of conics would be PS=ePM, PS+PS'=2a and perhaps the reflective property. If we wanted to study conics at a more practical level, then it should probably include it's connection to astrophysics (obvious use) and maybe
polar equations (useful for some regions in vector calculus: engineering + physics). Otherwise, it's not a terribly huge loss.
Circular motion would be somewhat useful for a first year undergraduate engineer, but it's so restrictive at the moment so that the entire 4U topic can be safely condensed into a two or three hour lecture.