Description: Article describes the concept of Rational Ignorance and suggests that recognizing this issue in the life insurance industry might assist in reducing the Protection Gap.

Description: Interview with global reinsurance leader. View from the top. Provides perspective of macro trends and challenges in developing strategy in a competitive marketplace

Description: Christine Hofbeck began her actuarial career in retirement consulting, but after a few decades, a few practice areas, a bestselling book and a stint on a reality television show, she found herself in the world of reinsurance. Reinsurance News talked with her to learn more about her background, her advice to other actuaries, and her outlook on the future of the profession.

Description: Haiti, one of the poorest countries in the world, is plagued with poverty, political unrest, and natural disasters. The latest disaster was a magnitude 7.2 earthquake that struck the town of Les Cayes and surrounding communities on August 14, 2021. Only three days later tropical storm Grace brought devastating flooding to the very same region along the southern peninsula of Haiti. Over 2,200 were killed and many thousands more injured, homeless, or missing. Food and drinking water were scarce. Relief from the capital in Port-au-Prince was limited due to structural damages to bridges and landslides on roads. Outside aid took days to arrive. Spontaneously, Pierre-moise Louis of Jérémie Bakery sprang into action. He donated his entire stock of konparèts (a dry biscuit baked from breadfruit flour) to affected families in the area. With additional support from Trees That Feed Foundation, over 80,000 meals were provided by local Haitians to victims of the disaster. Since its inception in 2008, Trees That Feed Foundation has received financial and operational support from my fellow actuaries in several countries.

Description: Provides background on the Brazilian insurance authority's ban of the group life rider benefit for Total and Permanent Disability due to illness, TPD. Then discusses alternative benefits that could be offered as replacements.