Description: A look at the cost of out-migration on a region with an aging population.

Description: Discussion of a survey inquiring into the use of Embedded, or Shareholder, Value by U.S. and European Insurance Companies

Description: Review of changes made to life insurance taxation in Australia.

Description: This paper discusses approaches for reporting pre-need plans in the Phillipines under the generally accepted accounting principles of the United States “U.S. GAAP. In particular, a focus is on contracts accounted for under SFAS 97 investment-oriented contracts.

Description: It is, without doubt, the poorest people in the world who are most in need of the security that insurance brings. Renata De Leers and Queenie Chow discuss why the micro-insurance market has low penetration, and why actuaries are so well placed to assist insurers in understanding their clients' needs.

Description: The standard for measuring retirement income adequacy has been the final earnings replacement rate (usually targeted at 70%). But - does it work?

Description: The article compares China's variable annuities with India's NAV guaranteed ULIPs. Both of them mostly working on CPPI. The comparison is mainly focused on market competition landscape, unit-linked business market share, incentives of introducing the product, and the macro-economic environment in the two countries.

Description: New Zealand is about to launch its first variable annuity with guaranteed lifetime withdrawal benefits. The product design is mindful of the lessons from the financial crisis in the United States, Europe and Japan.

Description: The author describes the 29th. edition of the International Summer School, held in Lausanne, Switzerland, organized by the Swiss Association of Actuaries.