Description: A discussion of the Brazilian Health Industry

Description: A broad discussion of Israel’s Life Insurance Industry

Description: This editorial notes that a letter, appearing in this issue of The Actuary,’ may not be alone in maintaining that the vagaries of our regulatory system handicap companies to the point that United States policyholders get poorer value for their premium dollar than do those in other countries.’ The article goes on to discuss guaranteed surrender values, the state regulatory system in the U.S and other topics in addressing this question.

Description: Discussion of the attitudes of consumers and consumerists regarding the life insurance industry and its products and a discussion of opportunities for improvement Topics include: 1. Disclosure to existing policyholders 2. Policy loan problems, including the policy replacement problem 3. dividend determination practices and 4. deceptive sales practices in the llfe insurance business.

Description: Discussion of the current business environment, the profile of the actuary who can meet these needs, directions corporations will take in the 21st century, economic and demographic trends that will affect the environment and markets over the next decade. The panelists discussed the need to be pro-active in shaping the environment.

Description: The author reviews and provides analysis of a report prepared by Douglas H. Carruthers, Q.C., as special legal counsel, to review the relationship between insurers and the public and in particular, the role of insurance intermediaries in the province of Ontario. The report was completed in 1975 and made public in 1976, and effectively recommends a new regulatory framework. The author of this article analyses and critiques the various proposals in the report.

Description: Insurance Regulation in Spain In response to the 1995 Ordinance on the Supervision of Private Insurers, the Direccion General de Seguros DGS has proposed a sweeping new set of regulations. These regulations replace the 1985 and 1986 regulations their amendments and are intended bring Spanish regulation and practice line with the European Community EC directives. This article reviews some key aspects of the new Spanish regulation and discusses possible responses by the insurance market.

Description: This article discusses that “the investment returns earned by life insurance companies over the past decade have permitted the sale of contracts guaranteeing relatively high rates of interest. The contracts have given rise to problems in the areas of the federal securities laws, of federal income taxes, and of state valuation requirements,” as insurers, starting in the 1960’s began issuing annuity contracts that provided for the allocation of contributions to separate accounts.

Description: Presented at June 1986 Spring Meeting. This session discussion is about the status of state and federal regulations regarding the development of PPOs and other alternate delivery systems and anti-trust laws affecting PPO development.

Description: Presented at June 1986 Spring Meeting. This session discussion is about sex discrimination, impairments, and social insurance issues.