Description: To explore the main drivers of the growing force of Chinese Life Insurance Industry.

Description: The objective of this statement of principles is to articulate the current understanding of the significant principles that form the scientific framework underlying all areas of actuarial practice. The intended audience includes practicing actuaries, researchers and others, such as representatives of standard-setting organizations. This articulation is not immutable and should be revised if changes arise in our understanding of the key concepts and phenomena relevant to actuarial science, or if a better expression of the ideas is developed. This statement is the culmination of an effort that begin with the October 1991 draft by the SOA Committee on Actuarial Principles entitled “Principles of Actuarial Science. After incorporating numerous comments, that statement was published in Transactions of the Society of Actuaries XLIV, 1992.

Description: Summary of interview with Bob Collett and Fred Kilbourne regarding their work on the Critical Review of the U.S. Actuarial Profession

Description: Discusses earthquake risks and the actuarial profession in New Zealand.

Description: The Use of Reliance in Actuarial Opinions by Frank S. Irish from The Financial Reporter, December 2002, Issue No. 51.

Description: This article provides a summary of the Actuarial Standards Board work and hearing evaluating whether a new ASOP is needed for public sector pension plans.

Description: We will demonstrate three analytical tools along with a sample case study showing how they might be applied to a fictional actuarial organization within ABC Life. The goal is to highlight how they might be applied to perform a health check of an actuarial function organizational design. This can measure effectiveness quantitatively via benchmarking how an actuarial function might stack up against the industry and management expectations. The tools and techniques are critical for actuarial leaders and managers but are also relevant to all actuaries, since we can all benefit from understanding how our individual work efforts fit into the bigger picture of an organization.

Description: In this article, the incoming president of the SOA discusses why it is important for SOA members to attest their CPD and he describes the simple process.

Description: Overview of regulations and best practices for governance of PBR valuation processes, including standards, oversight, controls and review related to the PBR analysis

Description: Looking to the upcoming 2024 year and looking back at the 2023 year in the International Section.