Description: The Moroccan Association of Actuaries Launched its new website w3.ama.ma. It manifests a proactive strategy in promoting the actuarial profession in Morocco.

Description: Editors note summarizing contents of the newsletter and volunteer opportunities.

Description: Carlos Arocha, the 2022 Chair of the International Section Council, introduces the articles featured in the current newsletter issue. In addition, he highlights recent and planned activities undertaken by the section.

Description: In this fifth issue of International News of 2022, we feature the following contributions: (1) Ruben John John Callo, FSA, FIAA, FLMI, and the SOA’s Ambassador to Australia under the Ambassador Program , presents an illustrative study aimed at helping consumers choose life insurance products using the “customer value per dollar” methodology, and although examples included relate to the Australian market, the methodological principles can be adopted in other markets; (2) Shirley Z. Song, FSA, MAAA, Member of the International Section Council, Josh Dobiac, MS,CAIA, and Yang Jing, deal with the Targeted Improvements to the Accounting of Long-Duration Contracts (LTDI), and the fact that both IFRS and US GAAP frameworks are evolving into a new financial reporting framework. The implications for US insurers are discussed.

Description: Chairperson’s Corner

Description: An overview of John Robinson's experience at the recently concluded annual meeting of the Caribbean Actuarial Association in Trinidad.

Description: In this translation of an original article by Oscar E. Velandia, the role of the actuary in the Colombian insurance market place in light of regulatory change is examined. A comparison with the rules from the Solvency II Directive puts the actuarial function into context. In addition, the new financial reporting requirements set forth by IFRS 17 and the involvement of the actuary in finance is described.

Description: Editor's note summarizing contents of the newsletter and developments within the International Section

Description: Highlighting the new era in African opportunities and the broad range of areas where the skills of actuaries can be utilised to drive sustainable development.

Description: Briefly discusses the Taiwan Actuarial Community as of September 2000.