Description: The first objective is to highlight the key trends and projections that describe the magnitude and scope of the aging world in the 21st century. The second is to identify some of the key issues that countries in the developed and developing world will have to face as a consequence of population aging. The third objective is to emphasize the triumph and opportunities of an aging world, providing a counterpoint to the prevailing notion that the aging of societies is a catastrophe, leading only to undue burden on future generations.

Description: An actuary details her experience in teaching a group of actuarial students.

Description: Details are told about the life insurance market in the Philippines. Pre-need and savings plans for education are emphasized.

Description: This article discusses the regulatory changes in Bermuda. There is an international initiative to review all insurance regulation by the International Association of Insurance Supervisors IAIS and the International Monetary Fund IMF.

Description: Update on the actuarial profession in Malaysia where the current major concern is the issue of risk based capital.

Description: In an earlier article in the February 2004 edition of International News, some topical issues and the background to the Australian actuarial profession were discussed. This article provides an update on the current “state of play.” Therefore, the focus is mostly on topical issues, as much of the background already provided remains relevant.

Description: This is a summary of some thought-provoking presentations at the 2008 Living to 100 Symposium, where the implications of greater longevity were discussed.

Description: Recent global financial crisis has brought risk management into sharp focus for financial services organizations around the world. In order to help the professionals working at insurance companies in China to exchange ideas and learn international practices on corporate governance and risk management of the insurance sector, the China Association of Actuaries initiated the International Seminar on Risk and Solvency Management. This article summarizes the presentations given at the seminar held in Beijing on March 27, 2009.

Description: In this article, the authors recap the 2009 Asian IFRS.

Description: In this article, the authors discuss the low interest rate in Taiwan and its effect on the life insurance industry.