Description: Overview of the Society of Actuaries' Ambassador Program, list of ambassadors, and profile of new ambassador to Indonesia, Kim Yeoh.

Description: First from a comparison of U.S. and Japanese interest rates, abrupt switch to sumo, because sumo is life! Okay, it is not -- in March 2022, there was an upset win when a tall but li wrestler won the tournament. Just as in sumo, when it's not the more massive man who wins, we need to question our assumptions in our models.

Description: The article details the history and educational requirements of the Swiss Association of Actuaries (SAA). The actuarial profession in Switzerland is well-positioned to meet the challenges of regulation, economic capital and insurance financial reporting.

Description: The author describes a course he and his colleague designed and taught at Columbia University called "A Global Perspective of the Health Insurance Market."

Description: Insight into activities of Actuaries Without Borders (AWB), a section of the International Actuarial Association, and SOA involvement in the section. AWB’s mandate is to provide volunteers for projects in countries where the actuarial profession is at an early level of development.

Description: Accomplishments of the past year and a look at initiatives for the year ahead.

Description: There are two major categories of risks that are unique in international business- currency exchange rate risk and country risk. Currency exchange rate risk includes transaction exposure, translation exposure, and economic exposure. Country risk contains political risk and economic risk. There are a few different methods to hedge currency exchange rate risk and country risk also discussed in the article. Before you decide to invest in a certain country’s market, ensure you understand the currency exchange rate and political risks associated with the investment by performing due diligence on the country’s economic, political and cultural condition.

Description: This article discusses world economic and financial trends and how people can be fooled into thinking nothing can go wrong.

Description: The article contemplates whether there is heightened sensitivity towards how investment activity is portrayed and described.

Description: Catastrophic exposure is on the rise owing to extreme weather and economic development of the past few years. Catastrophic claims peaked in 2017, but continue to pose a challenge to insurance markets. Global reinsurers seem to be well-capitalized despite the increase in CAT claims. But emerging insurance markets show a wide protection gap relative to more advance markets. Can reinsurance play a role in helping to narrow the gap? This article examines a few ideas.