Description: In this article, the authors review the International Experience Study updates.

Description: The International Experience Survey/Study IES is a pilot study being conducted by the Society of Actuaries to provide actuaries with practical information on experience in emerging and other markets outside of the United States and Canada. The IES has evolved from being a survey of multi-national company experience to national studies directed by actuaries from the data contributors located in the country under study. This report follows this evolution by dividing results into two major subdivisions of results: • Survey: The survey presents high-level results that facilitate comparisons of experience between different countries. • National studies: In depth studies of experience in countries directed by local actuaries to present more comprehensive results

Description: Critical illness CI products are gaining in popularity in North America. These products have been available for close to 20 years in many countries around the world, including South Africa, Australia, the United Kingdom and most of Asia. Many of the lessons learned in these countries concerning product design, pricing, underwriting and claims adjudication are relevant to the U.S. market. This session reviews the latest trends around the world. Attendees gain insight into the key issues driving the profitability of the product and are better positioned to determine the main considerations in deciding whether or not to introduce such a product in their market. From the Record of the Society of Actuaries, Volume 29, No. 1, Washington, D.C., Spring Meeting, May 29–30, 2003, Session 60PD.

Description: This article contains a summary of the SOA International Experience Survey of Embedded Value Financial Assumptions. Topics surveyed include discount rate, equity return, fixed return, local government return, inflation, and tax rates.

Description: Companies operating in international markets have additional issues to consider from a risk management point of view. Fluctuations in exchange rates, political and sovereign risks, regulatory issues, capital management and human resources considerations are among these. This session gives attendees the opportunity to understand how multinationals currently deal with these issues and how they are functionally structured to handle the risk management process. From the Record of the Society of Actuaries, Volume 29, No. 1: Washington, D.C. Spring Meeting, May 29–30, 2003, Session 30PD.

Description: 2010 International Congress of Actuaries Meeting, Cape Town. This PowerPoint presentation outlines the background and results of the international persistency and mortality experience study in various countries.