Description: Feature article discussing the social security programs of the 16 countries that make up the English-speaking Caribbean.

Description: This article points out actuarial issues surrounding provisions in the ACA that impact financial reporting.

Description: An update on the China insurance industry and the issues surrounding the admission of foreign insurance companies

Description: Life insurance products in China need to evolve as insurance regulations change.

Description: Feature article describing the issues reinsurers face when adopting IFRS 17 in regard to insurance contracts.

Description: A summary of each seminar from the 2019 Intercompany Long-Term Care Insurance (ILTCI) Conference Association meeting.

Description: How does spousal contagion influence long-term care needs? This article provides high-level results of spousal claim analysis and discusses potential implications to the LTC insurance market.

Description: Feature article discussing important issues related to retirement.

Description: Read the October 2019 issue of Product Matters! published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Accounting Standards Update (ASU) 2018-12, commonly referred to as long duration targeted improvements (LDTI), is the most significant GAAP accounting change impacting the life insurance industry in the past 40 years. This article discusses the impact of LDTI on variable annuities (VA) and fixed indexed annuities (FIA) from a product development and in-force management angle. Detailed discussion topics include hedging and ALM, product strategy and development, and pricing. LDTI will cause many VA and FIA writers to re-evaluate their hedging and asset liability management (ALM) strategy following the move to fair value accounting under the new MRB requirement. Stakeholder appetite for accounting volatility and resulting changes to hedging and ALM may trigger changes in product mix and designs. In addition to updating pricing infrastructure to handle the new requirements, pricing actuaries will need to produce analyses to educate stakeholders on the risks and pricing implications of any changes to designs, hedging and ALM.