Description: The Society of Actuaries (SOA) and the LIMRA Secure Retirement Institute are pleased to present the results of new research on the retirement market in China.

Description: Presented at May 1986 Spring Meeting. This session discussion is about what was discovered both before and after A Passion For Excellence was published: findings regarding why companies succeeded in spit of multiple impediments to their success.

Description: This article is the second in a two part series that summarizes a longer paper that can be downloaded from the website of the Social Insurance and Public Finance Section. Both articles take the form of a point-counterpoint dialogue addressing important aspects of social insurance programs. The first part discussed their nature, desirability and advantages, as well as whether they can form a framework to achieve sustainable inter-generational equity. This article focuses on whether pre-funding of a social insurance program can occur and can contribute to the financial security of the participants. Fundamental differences of opinion exist regarding these programs, not only due to different personal and political values, but also as a result of the viewpoint taken (for example, assessment of the program in isolation, consideration of the sponsoring government's financial situation, or the overall national economy).

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: Speaker examines economic globalization and other reasons for actuaries to reconsider how we think about risks in the future. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: Interview with Peter Schaefer, CEO of Hannover Life Reassurance Company of America.

Description: This 1981 session concerned Actuaries and the Media. Topics included: 1. How do the media decide what is newsworthy? 2. What makes news, and how is it defined, both for the general public and a specific industry? 3. What makes news from the actuarial profession? 4. Why is a story news today but not news tomorrow? 5. What variables are involved in making news, and how do these change from day to day and from publication to publication? 6. How do the media cover public issues? 7. What do the media look for in interviews and background information? From Record of Society of Actuaries, Vol. 7, No. 2.

Description: Noted speaker, author and political analyst discusses the cultures of Russia, China, and Japan, and how their cultures compare with ours from an economics perspective. Also discusses what we need to do as Americans for our economic future. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4B.

Description: Focuses on these key China market questions: • How quickly is the market developing? • What is the market potential? • How are the existing foreign companies performing? • What are the main implications of China’s accession to the WTO? • How do different market entry options compare? • Which are the key issues to consider in establishing a joint venture? • What is the future outlook for new entrants?

Description: Ways for management to measure, integrate and use Enterprise Risk Management (ERM) information to analyze, compare, discuss, and monitor risks such that appropriate risk management decisions can be made.