Description: This presentation, session number 53PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The panelists note that “for several years only a few foreign insurers were permitted to provide life and health insurance in China. In recent years, regulators have been more receptive to the new entry of foreign insurers…” Topics include history of the development of the market, market demographics, including regionalization, types of products, distribution systems, and regulatory requirements for entry and continued operation. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: This article is about the 4th China Congress of Actuaries which was attended by over 200 actuaries, insurance professional and industry representatives from China and overseas. The main theme of the conference was 'Actuarial Professionalism.'

Description: Full version of International Section News, June 1999, Issue No. 19.

Description: This article comments on a 1972 paper on the same subject by John Fraser, which made a very careful analysis of the relation between the current earnings rate and the taxable interest. The author builds on Fraser’s illustrative calculations, which showed clearly that there was an optimal spread between the current earnings rate and the assumed reserve interest rate to produce the maximum interest deduction, by including an analysis of the after-tax yield effect.

Description: Overview of latest developments on IRC Section 7702, IRC Section 848, market value adjusted contracts, companies in rehabilitation and Canadian issues including: • Part I income tax • Part IV capital tax

Description: A discussion of the formation of the Asian Committee by the Society of Actuaries to help promote actuarial education in Asia.

Description: New Society of Actuaries Professional Development Requirement for Candidates Working toward Fellowship in 2000