Description: To explore the main drivers of the growing force of Chinese Life Insurance Industry.

Description: This article is a summary of the World Bank Policy Research Report entitled Averting the Old-Age Crisis: Policies to Protect the Old and Promote Growth. This report concludes that a mix of systems is more appropriate than single pillar systems. It recommends a publicly managed system with the limited goals of reducing poverty among the old, a privately managed mandatory savings system and voluntary savings.

Description: This keynote address at the SOA 1990 Annual Meeting is about how the changing international environment affects our economy.

Description: Role of the Actuary: One of the most complicated tasks an actuary can perform is large-scale corporate modeling in an attempt to shed light on the relationship between value, performance and risk. In specialized situations such as mergers and acquisitions, it may be appropriate to have external actuaries perform the work rather than attempt the task with internal resources. From Actuarial Considerations in Insurance Mergers and Acquisitions, M-FI03-1.

Description: This article gives a brief report on the recent International Congress of Actuaries meeting.

Description: Fifth edition on the current state and future opportunity of the retirement market and how perceptions and concerns about retirement differ by province in China.

Description: Continuing change pervades the actuarial world. Actuarial tools and techniques are constantly evolving, new financial products and services appear regularly, legislation and regulation rarely remain unchanged for long, consumers are becoming better informed and more sophisticated, the financial environment is becoming increasingly global, distinctions between types of financial institution are becoming more blurred, and the areas in which actuaries find applications for their skills become more varied. In this context, the most important attribute for actuaries is the capacity to adapt. This paper considers some implications for university actuarial programs of the need to develop adaptive actuaries. It discusses the results of a survey of the preferred learning styles of Macquarie University actuarial students, examines the newly introduced Australian actuarial subject called 'The Actuarial Control Cycle,' and looks at the use of portfolios of student work. It concludes that in order to develop adaptive actuaries for the 21st century, actuarial programs must broaden the range and type of teaching/learning activities and assessment methods provided for students.

Description: Article describing how actuaries can contribute to solutions to climate change and other environmental issues.

Description: Presenter describes many of the desirable characteristics of a health care financing system, and alternative health care financing systems as they are found in other parts of the world. The advantages and disadvantages of each alternative system are also discussed. From the Record of the Society of Actuaries, Vol. 24, No. 2.

Description: John Shuttleworth explains why our exam syllabus needs updated and shares examples of inconsistencies in the material and actual financial economics. Edward Friend responds to this article.