Description: Insurance Regulation in Spain In response to the 1995 Ordinance on the Supervision of Private Insurers, the Direccion General de Seguros DGS has proposed a sweeping new set of regulations. These regulations replace the 1985 and 1986 regulations their amendments and are intended bring Spanish regulation and practice line with the European Community EC directives. This article reviews some key aspects of the new Spanish regulation and discusses possible responses by the insurance market.

Description: Discussion of the introduction of the Euro and its impact on European cooperation and its impact on the ability of the United States and its currency to dominate the world's political and financial system.

Description: A report on an international actuarial workshop Held in China

Description: India is in the process of updating to a more risk-based capital framework. The article provides a high level introduction of the development and discusses some of the key design and implementation considerations.

Description: A discussion of the market opportunities for offering Stable Value Funds across the world.

Description: Article on two key issues affecting life actuaries in Malaysia: RBC and Takaful licenses.

Description: Description of the stage of development of economic risk-based solvency regulation in Latin America, with focus on Brazil, Mexico, Chile, Colombia, and Peru.

Description: Part 2 of a discussion of the Chinese life insurance market with an emphasis on regulatory, investment, tax, and professional development issues.

Description: This essay examines several key factors that have contributed to China’s success in the economic reform spanning the past three decades and the double-edged nature of these factors going forward.

Description: This article reviews the experience and restructuring that has taken place in the life insurance industry since the Asian economic crisis reached Korea. It also discusses the recent trends of the life insurance industry.