Description: This article discusses actuarial support for an international accounting regime designed to meet the dual objectives of: • Generating a realistic view of operations focusing on expected future cash flows, reflecting the duty of management to add value for shareholders and to protect the interests of policyholders. • Demonstrating the adequacy of supporting capital to cover the risks associated with the business. From: The Actuary, January 2000, volume 34, issue 1.

Description: This session is about recent economic developments, including such developments internationally.

Description: Article Pacific Insurance Conference BANFF 1979 by McCracken in The Actuary, December 1979, Volume 13, Number 10

Description: Summarization of address at the SOA annual meeting, October 1979, by William W. Whitson, Ph.D., of the Congressional Research Service. He conducted a study on the prospects of socio-political change, and concluded there could be some disturbing discontinuities.

Description: This article contains material excerpted from a speech given on June 17, 1997 by Tom Kelly, Senior Vice President and Managing Director of LIMRA International, at a LOMA/LIMRA Strategic Issues Conference in Singapore. The article includes demographic and economic data for various countries to illustrate the potential for growth in various Asian markets.

Description: The International Section Council is pleased to announce the winners of the Country Feature Award held for the Ambassadors by the section. First place went to the Ambassador in Vietnam.

Description: This article outlines the challenges, potential conflicts and rewards in working in the foreign business unit of an organization.

Description: Deferred bonus policyholder dividend reserves arise because “the policyholders’ share of net income … that cannot be distributed to stockholders shall be excluded from stockholders’ equity” by establishing a reserve. This article provides background on local minimum policyholder participation practices in the US and Europe, presents relevant accounting issues and discuss the two different accounting interpretations and make a recommendation as to which the authors feel is most appropriate at this point in time.

Description: This newsletter contains several articles: The Institute of Actuaries of Japan thanks the SOA Malaysia updates on RBC An update on the SOA international experience survey regulations changing in Bermuda, and An update from the Swedish Actuarial Society Aktuarieforeningen.

Description: This is an article discussing the update on the SOA international experience study which has expanded the topics being studied from individual life insurance mortality and persistency experience to also include agent retention and productivity.