Description: Composition of the new council and news about the International Section. Groupingactuaries living in different parts of the world and practicing in diverse areas of application of actuarial science, the International Section has sustained its relevancein a world that becomes more interconnected. The harmonization of solvency andconsumer privacy laws and regulations, and the establishment of international financial reporting standards, has prompted our Section to deliver content that helps complement the educational offer available from the Society of Actuaries. But actuaries around the world are enthusiastically tapping into predictive analytics, data science, and risk modeling. Accordingly, the SOA offers three certificate programs: • International Financial Reporting for Insurers (IFRI) • Predictive Analytics • Ethical & Responsible Use of Data

Description: The Ecuadorian Actuarial Association (AEACT) was admitted, as a Full Member (FMA) of the International Actuarial Association (IAA) in October 2021. This constitutes a great achievement for a small country like Ecuador with 17 million inhabitants, a GDP of 100 billion U.S. dollars, and no more than 20 professional and registered actuaries. This important goal was a challenge both personally and for the team that worked hard to achieve it. I remember that it all began 28 years ago, when I attended as a guest to present a summary about the actuarial profession in our country at the World Congress of Actuaries that was held in Montreal, Canada. This congress was the opportunity to learn about the functions and activities of the associations of more developed countries with a significant number of actuaries and whose profession already had an acceptance in professional societies such as the Society of Actuaries in the United States, the Faculty of Actuaries of the United Kingdom, or the Institut des Actuaries of France.

Description: The article details the history and educational requirements of the Swiss Association of Actuaries (SAA). The actuarial profession in Switzerland is well-positioned to meet the challenges of regulation, economic capital and insurance financial reporting.

Description: Highlights of the 1997 International Underwriting Congress with an in depth discussion of 1 critical illness policies and 2 Use of population data where little insurance data exists.

Description: Part One of a three part discussion of A Social Security System for the 21st Century, this part focuses the broader international, social, political, cultural and economic trends that will govern the viability and sustainability of a social security system in the 21st century.

Description: This essay examines several key factors that have contributed to China’s success in the economic reform spanning the past three decades and the double-edged nature of these factors going forward.

Description: The author describes a course he and his colleague designed and taught at Columbia University called "A Global Perspective of the Health Insurance Market."

Description: In this article, the author talks about how the actuarial profession can position itself as the natural choice for complex risk management work.

Description: First from a comparison of U.S. and Japanese interest rates, abrupt switch to sumo, because sumo is life! Okay, it is not -- in March 2022, there was an upset win when a tall but li wrestler won the tournament. Just as in sumo, when it's not the more massive man who wins, we need to question our assumptions in our models.

Description: Notes on the IAA meeting that took place in D.C. in May