Description: An interesting article demonstrating how life insurance premiums are treated differently around the world.

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: Many countries have suffered the ups and downs of the COVID-19pandemic, and Mexico is no exception. Even worse, in contrast withEuropean countries that saw numbers dip during the summer of2020, Mexico did not. A first peak was reached at the end of July2020, then a slight decrease in the following two months. SinceOctober, Mexico has experienced the worst increasing trend of thewhole epidemic. In this article, Arturo Erdely, a professor of actuarialscience, explains this increase.

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.

Description: Just in the recent two years, COVID-19 has demonstrated very impressively that a pandemic is not something for which one can fully prepare. However, what makes a pandemic so special and difficult to manage compared to other low frequency and high severity events such as volcanic eruptions or tsunami damage? Frank Schillerexplains what makes a pandemic so different, viz, information uncertainty, exponential growth, and time lags.

Description: In one way or another, COVID-19 has affected everyone’s lives in theUnited Kingdom, with increased evidence of the magnitude of the direct and indirect impacts on health and wellbeing becoming more widely available. Recently, it has been predicted that 10 million people will require new or additional mental health support services in England as a direct result of the pandemic, for the next three to five years.

Description: The International Actuarial Association Health Section, the Society of Actuaries International Section, and American Academy of Actuaries (AAA) published the report “International Health Care Funding 2020”. This article highlights the features of the report.

Description: This article provides an update of the intense recent activity around the International Accounting Reporting Standards including the release of IFRS 4, the creation of the European Financial institution advisory group, exposure draft guidance for actuaries involved in financial reporting and the Penrose report focusing on the problems of U.K. Equitable Life.

Description: Discussion of regulatory action on the Appointed Actuary and Participating Insurance.

Description: This article discusses the collapse of Equitable Life, founded in London in 1762 as the Society for Equitable Assurances on Lives and Survivorship.