Description: Article describes accomplishments as Chair during the year. Four accomplishments are mentioned: i) Actuarial Research Conference ii) Early Career Award, iii) Establishment of Outstanding Educator Award, iv) Push to create surveys from the section containing a reservoir of ideas that can be used for webinars, podcasts, etc.

Description: In this article, Ron Gebhardtsbauer discusses the recent Actuarial Research Conference and the section’s membership survey results.

Description: Article in the Expanding Horizons Newsletter, Issue 26, published in April 2003 that announces the winners of the 2002 Halmstad Prize.

Description: Report on a panel presentation in which options to maintain the solvency of Social Security are discussed.

Description: This is an interview with the internationally renowned academic actuary, Hans U. Gerber. It is a part of a larger series called DISTINGUISHED ACADEMIC ACTUARIES, which introduces younger actuaries to the trail blazing actuaries that came before them.

Description: In this article, the incoming chairperson of Expanding Horizons addresses the section and talks about the section’s goals for the next year.

Description: Insurance companies are heavily regulated in every country with a well-developed financial system, with the regulation focusing primarily on solvency. The new regulatory system with an emphasis on introducing the risk-based capital regulation has been developed or revised in various jurisdictions in the past three decades. Risk-based capital (RBC) regulatory systems were first introduced in Canada in 1992 and in the United States in 1994. The National Association of Insurance Commissioners (NAIC) in the United States started its Solvency Modernization Initiative (SMI) in 2008, with the aim of reevaluating its RBC system. The most recent adoption of an RBC system was the implementation of Solvency II in the European Union (EU) in 2016, with a focus on the group supervision applied at both domestic- and foreign-market levels through internationalized insurance groups. This article will discuss the theoretical rationale for insurance solvency regulation, the general equilibrium framework needed to design and evaluate solvency regulation, and the cross-border impacts of solvency regulation, especially when regulation standards are inconsistent across countries.

Description: This is an image of an example table from a MS Access database.