Description: A Discussion Paper issued by the IASB in May 2007, contains the IASB’s preliminary views on the various recognition and measurement components considered in accounting for insurance contracts and identifies issues that are still under consideration. This article summarized the main proposals in the Paper and emphasizes those issues where the views of the IASB are not uniformly accepted.

Description: This article is based on a seminar about international financial reporting standards IFRS sponsored by the Society of Actuaries and Ernst & Young LLP on November 30 and December 1, 2004.

Description: International Accounting Standards: a discussion of Exposure Draft 5 dealing with specific requirements for insurance companies

Description: Article explores two very different approaches that are currently being considered for use in projecting credited rates on interest sensitive products and show how they can be reconciled with one another.

Description: The letter from the president features an excerpt of SOA President Mark J. Freedman’s address to members at the 2013 SOA Annual Meeting & Exhibit calling for the profession to embrace international development, seek out new opportunities for growth, and become involved in research and public policy.

Description: International Accounting Standards (IAS): On Top of Insurers’ Minds, Comments from the Chair, Letter from the Editor: Call for Articles, Asset Adequacy Analysis, Practical Considerations for Implementing the New Statement of Position for Long Duration Contracts and Separate Accounts.

Description: Cassie He and Linda Liu, two actuarial students, invite Mark Freedman, the President-Elect of SOA to share with us his experience as an actuary, the challenges and opportunities facing actuaries and the outlook for the profession as SOA president.