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: 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: 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: The pension and longevity risk transfer market is growing rapidly, with British-pioneered pension and longevity de-risking emerging outside of the UK and US, with over $270bn in transactions completed globally since 2007. Emerging markets include the Netherlands, Germany, Switzerland, France and Australia. This article describes the solutions available to plan sponsors who are looking to secure member benefits and achieve a lower risk future, and provides real-world examples of companies who have used innovative solutions to meet their unique needs.

Description: Interview of new Section Council members for 2022-2023 year.

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 discusses what influences the general insurance market.

Description: Question and answers about microinsurance with the editors of Actuaries in Microinsurance.

Description: Focuses on these key China market questions: • How quickly is the market developing? • What is the market potential? • How are the existing foreign companies performing? • What are the main implications of China’s accession to the WTO? • How do different market entry options compare? • Which are the key issues to consider in establishing a joint venture? • What is the future outlook for new entrants?