Description: Panelists discussed, from the perspective of various countries, the current systems of peer review of an actuary's work relating to financial statements.

Description: Presented at May 1985 Spring Meeting. This session discussed: Accounting options for consolidating foreign operations, Foreign currency fluctuations, Foreign taxes and tax credits, Offshore subsidiaries, Foreign reinsurance ceded and assumed, Variation appropriate for United States and Canadian companies.

Description: This session at the SOA 1990 Hartford Spring Meeting presents and overview of financial reporting concepts and issues in the U.K., Spain, and the Far East.

Description: This session at the SOA 1990 Annual Meeting is about value-added accounting in an international context and how it is applied and used by multi-national companies in various parts of the world.

Description: Presented at May 1996 Spring Meeting. Financial management issues faced by actuaries in multinational corporations are discussed, including: GAAP and Statutory accounting, taxes, reinsurance.

Description: In session 32 IF of the New York Annual Meeting the panel discusses the ongoing consolidation at the domestic and foreign levels of the financial services industry, and the ensuing need for an international accounting standard. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: 1999 SOA Annual Meeting, San Francisco. The panel discussed how the actuarial profession may contribute to the quantification and management of various types of risks that insurers and other financial service providers assume.

Description: As financial institutions become increasingly global, actuaries are interacting with financial professionals from different countries. The different regulatory, market, and educational situations make finding a common understanding difficult. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 76PD of the New Orleans Annual Meeting.

Description: The National Association of Insurance Commissioners (NAIC) has developed the Group Capital Calculation (GCC) for U.S.-based insurance groups since late 2015. GCC is designed to provide a coherent analytical framework to show a panoramic, transparent view of the interconnectedness, business activities and underlying capital support for an insurance group. The last field testing was completed in May 2019. The final proposal was adopted in late 2020. The Federal Reserve Board (FSB) also recently updated the group capital standard to an aggregation method, which is similar to the NAIC GCC. The Insurance Capital Standard (ICS) is under the development by International Association of Insurance Supervisors (IAIS) for Internationally Active Insurance Groups (IAIGs). It has entered the five-monitoring period from January 2020 to monitor the performance of the ICS V2.0 and the IAIS will perform a comparability assessment of the ICS V2.0 with the Aggregation Method (e.g. NAIC GCC) during this period.

Description: This session at the SOA 1990 San Francisco Spring Meeting presents information about a number of countries around the world with respect to insurance products, market, regulation and financial reporting.