Description: Review of the sessions sponsored by the International Section at the 2018 Annual Meeting.

Description: In this article, the author discusses the insurance system in Bhutan.

Description: This newsletter discloses the results of a survey of embedded value financial assumptions used by insurance companies. The purpose of this survey is to provide international actuaries with benchmark assumption data.

Description: Introduction of new section council members.

Description: Read the May 2018 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 article contains material excerpted from a speech given on June 17, 1997 by Tom Kelly, Senior Vice President and Managing Director of LIMRA International, at a LOMA/LIMRA Strategic Issues Conference in Singapore. The article includes demographic and economic data for various countries to illustrate the potential for growth in various Asian markets.

Description: The International Section Council is pleased to announce the winners of the Country Feature Award held for the Ambassadors by the section. First place went to the Ambassador in Vietnam.

Description: Deferred bonus policyholder dividend reserves arise because “the policyholders’ share of net income … that cannot be distributed to stockholders shall be excluded from stockholders’ equity” by establishing a reserve. This article provides background on local minimum policyholder participation practices in the US and Europe, presents relevant accounting issues and discuss the two different accounting interpretations and make a recommendation as to which the authors feel is most appropriate at this point in time.

Description: This newsletter contains several articles: The Institute of Actuaries of Japan thanks the SOA Malaysia updates on RBC An update on the SOA international experience survey regulations changing in Bermuda, and An update from the Swedish Actuarial Society Aktuarieforeningen.

Description: This is an article discussing the update on the SOA international experience study which has expanded the topics being studied from individual life insurance mortality and persistency experience to also include agent retention and productivity.