Description: Insight into activities of Actuaries Without Borders (AWB), a section of the International Actuarial Association, and SOA involvement in the section. AWB’s mandate is to provide volunteers for projects in countries where the actuarial profession is at an early level of development.

Description: Describes Standard Life's business model transformation.

Description: An article summarizing the SOA Asia-Pacific Annual Symposium held June 12 - 13, 2024.

Description: Presented at June 1985 Spring Meeting. This session discussed international reinsurance opportunities, what can be learned from the casualty industry - where international reinsurance is commonplace, and a discussion of such issues as: Profit potential, Regulatory concerns, Taxation, Security, Costs.

Description: Catastrophic exposure is on the rise owing to extreme weather and economic development of the past few years. Catastrophic claims peaked in 2017, but continue to pose a challenge to insurance markets. Global reinsurers seem to be well-capitalized despite the increase in CAT claims. But emerging insurance markets show a wide protection gap relative to more advance markets. Can reinsurance play a role in helping to narrow the gap? This article examines a few ideas.

Description: Summary of the International Section Council survey results, and how the results will impact council actions going forward.

Description: It is, without doubt, the poorest people in the world who are most in need of the security that insurance brings. Renata De Leers and Queenie Chow discuss why the micro-insurance market has low penetration, and why actuaries are so well placed to assist insurers in understanding their clients' needs.

Description: This article discusses world economic and financial trends and how people can be fooled into thinking nothing can go wrong.

Description: The article contemplates whether there is heightened sensitivity towards how investment activity is portrayed and described.

Description: There are two major categories of risks that are unique in international business- currency exchange rate risk and country risk. Currency exchange rate risk includes transaction exposure, translation exposure, and economic exposure. Country risk contains political risk and economic risk. There are a few different methods to hedge currency exchange rate risk and country risk also discussed in the article. Before you decide to invest in a certain country’s market, ensure you understand the currency exchange rate and political risks associated with the investment by performing due diligence on the country’s economic, political and cultural condition.