Description: Panelists discuss the current and developing old-age crisis from a world perspective and a U.S. perspective, and also look at it from a futurism perspective. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 Addresses a variety of financial reporting issues of interest to the attendees at a meeting of Valuation Actuaries.

Description: This session from the 1995 SOA Vancouver Meeting discusses the actuarial codes of professional conduct and standards of practice in the U.S., how the codes from other countries pertain to actuaries practicing there and code and cultural differences in other countries. From the Record of the Society of Actuaries, Vol. 21, No. 3a.

Description: Presented at June 1985 Spring Meeting. This session features a discussion by a panel of economists covering likely economic scenarios in the short- and long-term from an international point of view. It will include a provocative look at the possibilities for U.S. economic development in the 1990s and the consequent effects on international conditions.

Description: Presenters at this session of the SOA 1998 Maui I Spring Meeting discuss the trend among many mutual companies to restructure and look at the demutualization process outside of the U.S.

Description: Since the issuance of IFRS 17 in 2017, the global insurance accounting standard, insurers across the globe have been making huge investment in assessing the impact and implementing the new standard. In late 2018, FASB issued ASU 2018-12 that revises key elements of the U.S. GAAP measurement models and disclosure requirements for long-duration contracts issued by insurers (also called FASB Targeted Improvements). Both standards are becoming effective 1/1/2021 (though IFRS 17 may potentially be deferred by a year). U.S. insurers that have international parents or subsidiaries, and report under a multi-GAAP environment will likely have to adopt both standards. By now most insurers should have nearly completed impact assessment for IFRS 17, designed road map for or have started the implementation journey. With the new U.S. GAAP requirements becoming effective concurrently, it is important to embark on the implementation journey with both standards in mind, and maximize the synergy to achieve cost-saving and design efficiency. This session will briefly introduce the two standards with a conceptual comparison, along with a discussion on where efficiency and synergy can be achieved in a concurrent implementation.

Description: This 1990 panel discussion is about the IRC Section 412 minimum contribution requirements and the IRC Section 404 maximum deductible contributions. Also discussed is a comparison of these U.S. contribution regulations with those of Canada and other countries including Australia, Brazil, Belgium, Japan, Mexico, South Africa, Switzerland and the U.K. From the Record of the Society of Actuaries Vol. 16, No. 4B.

Description: Presented at May 1996 Spring Meeting. This session analyzes the factors that influence the mortality differences between countries and between population and insured-lives mortality.

Description: This session from the 1995 SOA Boston Meeting describes the expansion and consolidation of the U.S., Canadian and Mexican life insurance industries and the discusses the top players in the insurance industry in the world and their market share. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: This panel addressed the multitude of issues companies face as banks and insurers become partners. Panelists discussed: 1. Legal issues surrounding mergers of banks and insurers, including the focus of federal regulators. 2. Recent applications by insurers for thrift charters and acquisitions of thrifts. 3. Successful bancassurance models in other parts of the world and best practices applicable in the U.S. 4. U.S. bank distribution models. 5. Financial implications of the manufacturers and distributors having the same parent, including impact on product development, underwriting, and transfer pricing. 6. Impact on carriers relying on banks for distribution when those banks merge with other carriers.