Description: Full version of International News, October 2003, Issue No. 31.

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: In this article, the authors discuss the Experience Study Working Group surveys of published embedded value EV financial assumptions they have been conducting.

Description: The purpose of this survey is to provide international actuaries with benchmark assumption data.

Description: Actuary of the Future Section session recap covering market research.

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 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.

Description: This article explores the challenges of financial reporting in the 21st century particularly on the international scene.

Description: This is the second article devoted to unique international accounting issues. The authors share their experience implementing SOP 03-1 in a number of countries.

Description: Article from International Section News. July 2006, No. 39 announces an article competition. The International Section Council announces our Country Feature Article Competition. We are inviting all ambassadors to participate by submitting a feature article. Ambassadors can work alone or with a colleague to create the submission. The PRIZE is US$2,000 for the writer and US$500 for the ambassador for the feature article deemed best by the council.