Description: The author discusses how China is poised for dramatic changes in its life insurance industry that will raise both opportunities and challenges. The author notes that China has particularly spectacular growth prospects, and given the nature of the business, the industry will have an almost insatiable appetite for capital. However, In order to accomplish this, China's insurance industry needs to advance its financial management and improve its ability to produce transparent financial information, in a timely and reliable manner. The author compares China’s current position in the life insurance compared to other Asian countries, and describes the steps needed to improve its financial management.

Description: In this article, the author discusses the new IAA strategic plan for dealing with global financial risk.

Description: Graph 1 - Asia Excluding Japan Life Insurance Premium Income 2003 Excl. Accident and Health

Description: The traditional informal care of/by family has faced increasing geographic and economic challenges from changing family households and sources of family income. Financial planning and risk protection tools provide important resource in the changing retirement landscape toward optimal family support and crisis management, that is, with less duress and financial burden to affected family caregivers. Ultimately, maintaining family values and close communications through evolving family structures are key to a healthy society and economic welfare of the people.

Description: French language version of Risk Management, August 2014 newsletter.

Description: This article re-caps the Investment Actuary Symposium held on November 8-9, 2001 in Las Vegas, Nevada.

Description: Feature article discussing Nassim Taleb’s black swan theory. Taleb points out that banks keep their loans at full value - anchored to the book value of the loan. The solution to the problem is to use mark-to-market reporting and have volatility instead of having no volatility and then experiencing a Black Swan event.

Description: Complete issue of the August 2014 Risk Management newsletter.

Description: Chairperson’s column discussing the initiatives of the Financial Reporting Section for 2014.

Description: This article is an overview of the Financial Risk Managment of Insurance Enterprises course. The course incorporates financial risk management, asset pricing models and all risks facing an insurance company. The basics are then applied to asset-liability management and valuation.