Description: This article updates the reader on the activities of the recently formed International Committee of the Joint Risk Management Section. With global webinars and more activities, this committee is ensuring the risk management word is spread throughout the world.

Description: People of color in the US have different cultural norms, like hierarchical orientation, relationship orientation, communication styles, and team orientation. For example, in certain cultures, communication is much more indirect, and relationships are much more personal, than in others. How do these norms impact organizational and leadership culture? What leadership and communication styles are valued at work, and how do diverse individuals navigate work culture with their own personal norms to create success for themselves and the organization? This session will explore how cultural diversity impacts organizational and leadership cultures.

Description: About a year ago we published our whitepaper “Insurance Innovation Opportunities Beyond COVID-19”. In the paperwe made some predictions on what innovation opportunities the pandemic would bring to the insurance space. It ishard to believe, but we’ve already had a year of living with the pandemic. In recognition of how much time haspassed, we want to look back at a few of our customer realities from last spring set against the innovations thathave been delivered in the market since.

Description: Paid Family and Medical Leave (PFML) benefits have expanded rapidly in recent years as an increasing number of states have required employers to provide these benefits to their employees. Examine recent developments in PFML benefits, for example, the presenters will provide information on which states are introducing or considering PFML programs, what types of benefits are provided, what types of data is available to monitor experience, and what challenges programs have encountered.

Description: As diversity and inclusivity are now more prevalent in the global insurance industry, the gender inequality gap has been narrowed, but there is still much to do in advancing women’s roles in leadership positions—and pay equity—in the global insurance sector. This article features an initiative by the Geneva Association, an insurance research think tank: recognize outstanding women in insurance. The Geneva Association's Women in Insurance Award is shining a light on executive-level women and their contributions to making insurance a force for good.

Description: Learn about the innovations of life and health products around the world. Expect to focus on: 1. Product development and pricing innovation in APAC region. 2. The Insurtech ecosystem creating new products by applying new technology and distribution channels in Latin America and Europe. 3. Products designed to supplement public sector offerings to close health protection gaps for underserved communities in the Middle East Africa and Asia Pacific region.

Description: The Survey of Emerging Risks has been successfully conducted in North America for 15 years, which provides a consistent report by tracking the opinions of risk managers on the emerging topics beyond the current business cycle with strategic plans over decades. For the first time the survey is also being specifically introduced in China and Greater Asia, with the aim of surveying the actuarial and risk management professionals' opinions on emerging risks in the local market. In relation to the Society of Actuaries, Greater Asia is defined as markets that participate in our Greater Asia Committee. These are additional areas outside of mainland China that include markets such as Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. The survey is sponsored by the Society of Actuaries (SOA) Research Institute and comprises both quantitative and qualitative questions in English and Chinese (Simplified). With a wide range of response options and allowing for anonymous comments, the survey results serve as a platform to share the risk views of local actuaries and risk managers in China and Greater Asia.

Description: Andy Rallis delivers his speech at the presidential luncheon of the SOA 2019 SOA Annual Meeting & Exhibit in Toronto.

Description: 2021 ImpACT Conference - Session 1C: GREAT DEBATE: There Exists an Actuarial Profession: Yes or No 10.25.21 Recording

Description: Gross Domestic Product (GDP) has been our chosen metric for growth since the Great Depression, but expectations are for lower GDP growth going forward than we are accustomed to. Its two components, population and productivity, face headwinds—population from a declining birth rate and longevity, and productivity from increased climate events, energy costs, global conflict and raw materials shortages. Comparing demographic results from the U.S., China and Nigeria, representing countries with varying population growth rates, illustrates the potential economic growth issues of aging populations and high dependency ratios. The demographic challenges can be turned into opportunities to broaden prosperity; productivity can be improved by providing a level playing field and helping those in the lowest socioeconomic classes find opportunities. These topics and more will be discussed and enhance foresight about them.