Description: This article is a follow-up article on the principles-based reserves PBR movement in the life and health insurance industry. It discusses more in depth the possibility of principles-based reserves determined stochastically and changes proposed in the SVL for preferred mortality.

Description: Court is in session and you are the jury! Follow along as challenging aspects of actuarial professionalism are explored in a court-like setting. Deliberate based on what you already know from your own experience as well as what you learn in this session, and then deliver your verdict accordingly. Who says learning about actuarial professionalism can't also be fun?

Description: Since the international financial crisis, accounting standards have become an important part of financial supervision rules, which objectively requires us to study the reform and development of accounting standards from the perspective of financial stability. Since the release of IFRS17 in 2017, the research and discussion of IFRS17 in the insurance industry has focused on technical details and implementation, while the economic impact and pros and cons analysis of IFRS17 are few. As a result, the industry's understanding of IFRS17 is not comprehensive enough, and there are still many disputes, and no industry consensus has been formed. In the future, the insurance industry should strengthen the research and analysis of IFRS17 from the perspective of financial stability, deepen the understanding and cognition of IFRS17, and improve the ability to control and use IFRS17.

Description: After International Accounting Standards Board (“IASB”) issued International Financial Reporting Standard No. 17 – Insurance Contracts (“IFRS 17”), IASB received much feedback and suggestions for improvement. As a result, in early 2019, IASB made limited changes to IFRS 17. The presentation will briefly discuss the main contents and effects of those changes.

Description: Recognition of Actuaries and Competition in Europe by Wilhelm S. Meijer from International Section News, February 1998, Issue No. 15.

Description: Briefly discusses the Taiwan Actuarial Community as of September 2000.

Description: Discusses the issues papaer to be released by the International Accounting Standards for Insurance to cover accounting issues for insurance contracts as opposed to insurance companies.

Description: Highlights the current events and projects conducted under the auspices of the International Actuarial Association IAA.

Description: Highlights a visit made by the President of the Society of Actuaries to the Far East. Specifically, he shares his learnings about the actuarial profession in Shanghai, Bejjing, Hong Kong and Taipei, locations that contain more than 6 percent of the SOA membership.

Description: Discusses the University of the West Indies Actuarial Society that was launched in 2002 at the University's Mona campus in Jamaica.