Description: Panelists discussed the implications of the growing trend in Canada toward demutualization of mutual companies into stock companies. Topics covered include: 1. The Canadian demutualization process and some interesting differences between companies and across borders. 2. How is eligibility determined? 3. What process is being used to determine allocation of shareholder value? 4. What mechanisms are in place to protect policyholders' reasonable expectations? 5. What internal and financial structural changes are driven by demutualization? 6. How financial markets assess stock value for companies operating internationally.

Description: Overview of the diverse Asia markets and four key themes:Rapid pace of product development, innovative underwriting solutions, Wellness, the rise of insurtech.

Description: This article highlights Living to 100 sessions on current aging policy issues in the UK, the US and Canada as well as what can be done by individuals.

Description: 2011 Enterprise Risk Management Symposium, Chicago. This study investigates whether simulation-based models can be used to predict liquidity risk for banks, which must comply with Basel III by January 2015. The paper looks at the process of developing a measurement framework using Black-Scholes and Merton’s asset-based models to measure liquidity risk.

Description: Read the January 2020 issue of International News published by the International Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This panel addressed the multitude of issues companies face as banks and insurers become partners. Panelists discussed: 1. Legal issues surrounding mergers of banks and insurers, including the focus of federal regulators. 2. Recent applications by insurers for thrift charters and acquisitions of thrifts. 3. Successful bancassurance models in other parts of the world and best practices applicable in the U.S. 4. U.S. bank distribution models. 5. Financial implications of the manufacturers and distributors having the same parent, including impact on product development, underwriting, and transfer pricing. 6. Impact on carriers relying on banks for distribution when those banks merge with other carriers.

Description: 1993 SOA Meeting, Quebec. This session is about how reinsurers are adapting to market changes. Topics included: 1. How reinsurers are adapting to changes driving direct writers. 2. Is gIobalization of reinsurance having a major effect? 3. In what ways has the reinsurance industry changed over the years and in what ways has it not changed?

Description: Commentary about the articles published in the current issue.

Description: 1993 SOA Spring Meeting, Boston. This session addressed the problems unique to mutual companies. Topics addressed included: 1. In search of capital. 2. Merger/acquisition considerations. 3. The demutualization alternative. 4. Profit crunch. 5. Joint ventures. 6. Lessons from other countries - Canada, Mexico, Britain.

Description: A discussion of the experiences of an actuarial volunteer consulting and training in Samara, Russia