Description: In this fourth issue of International News of 2022.

Description: Update to the members of the SOA International Section

Description: In this fifth issue of International News of 2022, we feature the following contributions: (1) Ruben John John Callo, FSA, FIAA, FLMI, and the SOA’s Ambassador to Australia under the Ambassador Program , presents an illustrative study aimed at helping consumers choose life insurance products using the “customer value per dollar” methodology, and although examples included relate to the Australian market, the methodological principles can be adopted in other markets; (2) Shirley Z. Song, FSA, MAAA, Member of the International Section Council, Josh Dobiac, MS,CAIA, and Yang Jing, deal with the Targeted Improvements to the Accounting of Long-Duration Contracts (LTDI), and the fact that both IFRS and US GAAP frameworks are evolving into a new financial reporting framework. The implications for US insurers are discussed.

Description: Carlos Arocha, the 2022 Chair of the International Section Council, introduces the articles featured in the current newsletter issue. In addition, he highlights recent and planned activities undertaken by the section.

Description: Chairperson’s Corner

Description: Historical Factors That Have Influenced the Life Insurance Market

Description: Part I of a four-part series on insurance product regulations around the world. Provides a good high-level summary of the regulations as of 2002.

Description: Brief discussion about the changing membership of the SOA International Section Council. Also covered were requests for suggestions future initiatives.

Description: Editor's Note for May 2014 issue.

Description: This article contains biographies and 2010-11work plans for the Society of Actuaries International Section's new ambassadors in Cyprus, Egypt, Germany, Greece, India, the Netherlands, the United Kingdom and Pakistan.