Description: The Regulation and Taxation (Hong Kong version) e-Course gives you an overview of the regulatory environment of life and annuity insurance in Hong Kong, U.S. and Canada, with a special emphasis on how it impacts actuaries. You'll learn which government agencies regulate insurance and annuity products and why.

Description: In this third issue of International News in 2022, we feature a contribution by SCOR, a leading reinsurer, highlighting the Actuarial Awards that SCOR presents annually, since 1996, to the best academic work in actuarial science, with annual prizes in several countries throughout the world. We also feature an article by Jessica Leong, FCAS, on barriers that Asian women must overcome to become leaders. Jessica recounts her own experience and how in overcoming some challenges she became the first Asian president of the Casualty Actuarial Society.

Description: Presented at Living to 100 and Beyond symposium 2002. Discussion of two papers, 'Approaches and Experiences in Projecting Mortality Patterns for the Oldest Old' by Buettner and 'Using Dynamic Reliability in Estimating Mortality at Advanced Ages' by Lin. The first paper discusses the UN methodology for projecting mortality above age 80 and presents another approach for addressing the problem of table closing. The second paper suggests a new statistical model for fitting and estimation of mortality rates at advanced ages.

Description: This article discusses the problems created by the options in unit-linked annuities in the UK, variable annuities in the US and segregated fund contracts in Canada. Methodology for valuing the guaranteed annuity option is presented.

Description: Presented at the Living to 100 Symposium, January 2011. This study explores increasing life expectancy by examining the basic properties of survival curves. Specifically, the author checks for signs of mortality compression, using a non-traditional approach. The results indicate that human longevity is likely to increase, at least for a while, and longevity risk should be seriously considered in pricing annuity products. Some suggestions for dealing with the longevity risk are also proposed.

Description: In this article the editor of International Section News, May 2000, Issue No. 22, provided a brief summary of the issue's articles. Articles described include ones on Australia's tax system changes, a review of the December conference of the International Association of Insurance Supervisors, a discussion of the unit-linked business in Europe, mention of the opening up of India's insurance business and the insurance business in Georgia.

Description: This paper attempts to quantify the benefits to the purchaser of a non-qualified variable annuity as compared to an investment in a mutual fund. From Actuarial Research Clearing House 1991, VOL. 3.

Description: Presented at Living to 100 Symposium, January 2002. This paper is a first attempt to assess which group of mortality trajectories proposed by various researchers is confirmed by empirical data between the age of 110 and 115 years when the exponential trajectories on the one hand and the logistic or quadratic trajectories on the other hand have diverged sufficiently.

Description: Presented at Living to 100 Symposium, January 2011. This study adapts the idea of regular discount sequence in the bandit problem, and uses it to interpret life expectancy, as well as to develop a model for survival probabilities. Data came from multiple countries.

Description: Presented at Living to 100 and Beyond symposium 2002. Discussion on 'Living to Age 100 in Canada in 2000' by Doray and 'Oldest-Old Mortality Rates and the Gompertz Law: A Theoretical and Empirical Study Based on Four Countries' by Yue papers.