Description: The embattled life insurance industry in Australia needs to come to terms with a new environment of heightened claims volumes, unprecedented losses, changing distribution models and even reduced benefits. Like the mythological phoenix that spectacularly regenerates from its ashes every century, Australia’s life insurance industry needs something special to rise from its ashes. Claims management innovation promises to give the necessary impetus for a market that is desperate for some good news, whilst laying the foundation for a claims revolution worldwide.

Description: Article from The Actuary, March 1983, volume no. 17, issue no. 3. As was clear from William W. Truckle's paper reviewed in our April 1982 issue, North American actuaries aren't the only ones puzzling over the curriculum questions aired elsewhere in this issue. We are grateful for Mr. Carroll's permission to print excerpts from his discussion of Mr. Truckle's paper, and parts of his reply to an enquiry that we sent him. In particular, the author is in favor of adding more about advanced statistical methods to the curriculum and explaining how this fits in with the actuarial subjects that have been traditionally taught.

Description: Article from The Actuary magazine, March 1983, volume no. 17, issue no. 3, that discusses the response of the Education and Examination Committee to Professor Batten's challenge in the wisdom of current trends in the Society's educational program, stating that these syllabus changes should be considered evolutionary rather than revolutionary.

Description: Update on regulatory developments in the US and internationally

Description: A Mexican actuary discusses his career, the challenges of different insurance markets in different cultures, the value of sharing knowledge across countries and across professions, and the latest public policy regarding solvency models.

Description: This article is about change, how it affects us, how we react to change, and how leaders need to be change agents.