Description: Latin America has acquired an economically strategic importance in the process of globalization that it did not have a decade ago. The region has attracted significant attention and investment by the international insurance industry. This article explores some issues related to the growth in supply of insurance companies capacity, the relatively slower pace of growth in consumer demand for their products, and the factors that companies can identify in forming their strategies to achieve their objectives.

Description: A discussion of the causes of Jamaica’s Life Insurance and Financial Sector Crisis in the late 1990s and its impacts on the life insurance industry

Description: This article on recent developments in insurance regulation, is a discussion of the new Model Nonforfeiture and Valuation Laws the continuation of an article from the November, 1981 issue of The Actuary, and to be continued in next month’s issue. It covers topics including mortality assumptions and the new 1980 CSO Mortality Tables, maximum valuation interest rates, and maximum nonforfeiture interest rates.

Description: Describes changes to California Insurance Code 10235.52, and details the remaining differences from Section 26 of the NAIC LTC Insurance Model Regulation.

Description: Discussion of the development of the Russian insurance industry and market opportunities

Description: The new regulations issued on October 19, 2004 by the Ministry of Finance, the regulatory body of insurance in Vietnam, have wide-ranging implications on the Vietnamese life insurance market and are presenting big changes for practicing actuaries.

Description: Discussion that reinsurance regulation is driving the amount and hence the cost of capital and hence the ability of reinsurers to price products competitively

Description: Feature article discussing the Life Settlements business: recent growth, pricing, and future of the business.