Description: The U.K. Actuarial Profession—the Faculty and the Institute of Actuaries—has recently been addressing what they should be doing for their international members.

Description: This article discusses projects of the Heath Section Council.

Description: Guy Thomas develops the theory of “loss coverage,” which is a measure of the extent to which potentially insurable losses are actually compensated by insurance. His main points of difference are: a) Adverse selection in insurance is usually weaker that most commentaries suggest … b) From a public, policy perspective, ‘weak’ adverse selection in insurance is a good thing. … c)… some restrictions on risk classification are a good thing in some insurance markets

Description: The author adds his name to the list of those who achieved Fellowship in an actuarial association prior to the age of 25.

Description: The Baltimore Sun, last March 10th, printed an article about one of our members that surely qualifies for inclusion in kits used to tell the public what actuaries are like, and what we do. Entitled “Women Actuaries Rare But She Is A ‘Fellow’,” its subject is Cheryl E. Tillman.

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

Description: Discusses the issues papaer to be released by the International Accounting Standards for Insurance to cover accounting issues for insurance contracts as opposed to insurance companies.

Description: Gearing up-- exploring the rewards for completing the SoA Competency Framework tools of Self-Assessment and Personal Development Plan.

Description: AG 49 pertains to illustrated life insurance products with a crediting rate tied to an index. The guideline discusses the maximum illustrated credited rate and format changes to illustrations.

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.