Description: Read the January 2020 issue of Actuary of the Future, published by the Actuary of the Future Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Why do so many companies have great strategies but still fail? One reason is that they don’t know how to execute. At this session 31TS of the 2004 Valuation Actuary Symposium we discuss the bestselling book Execution: The Discipline of Getting Things Done by Larry Bossidy and Ram Charan.

Description: This session from the 2003 SOA Orlando Meeting discusses the bestselling book Execution: The Discipline of Getting Things Done, by Larry Bossidy and Ram Charan. The discussion focuses on turning strategy into success through execution. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: This article is discusses the concept and practical ways to apply the understanding of empowerment and how to empower people. There is a high payback for those who use empowerment effectively.

Description: Feature article discussing key accounting concepts in finance.

Description: This paper provides an outline of three potential initiatives that may be undertaken by the government and the private sector. The first initiative aims at reducing the cost of health care at the provider level. The second initiative provides a means to improve the quality of health care. The third initiative creates a constructive basis for identifying medical best practices to enhance quality.

Description: Since the international financial crisis, accounting standards have become an important part of financial supervision rules, which objectively requires us to study the reform and development of accounting standards from the perspective of financial stability. Since the release of IFRS17 in 2017, the research and discussion of IFRS17 in the insurance industry has focused on technical details and implementation, while the economic impact and pros and cons analysis of IFRS17 are few. As a result, the industry's understanding of IFRS17 is not comprehensive enough, and there are still many disputes, and no industry consensus has been formed. In the future, the insurance industry should strengthen the research and analysis of IFRS17 from the perspective of financial stability, deepen the understanding and cognition of IFRS17, and improve the ability to control and use IFRS17.

Description: The authors share eight vulnerabilities that leaders need to watch out for.

Description: This article provides a high-level overview of the 2016 Intercompany Long-Term Care Insurance (ILTCI) Conference. The article contains a summary of all conference activities, including various networking and educational opportunities. The main objective of the conference is to provide an information sharing and collaborative environment for insurance professionals, regulatory authorities, insurance educational institutes, actuaries and other special groups with an interest in long-term care (LTC) insurance.

Description: This is the presidential address by former President of the Society of Actuaries, John R. Larus. Discussion of events within the Society during the past year and anticipated events going forward with respect to Society programs and the examination structure, insurance regulatory changes, some reflection on the history of the Society of Actuaries and current demographics of its members.