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: A review of the recent history of the actuarial profession in Pakistan and the near term future as of the year 2000.

Description: There are three parts to this article: 1. An overview of the demographics and method of supply of LTC 2. A review of the ongoing debate on the role of public funding, and 3. A summary of the insurance industry’s response

Description: In the United States today, there is much talk about the effect of the “baby boomer” generation ranging from the effect on our Social Security system, the increased market for healthcare products, as well as the effect that their withdrawals will have on the stock market. Yet overseas, there is a revolutionary change taking place that is much more fundamental than simply an aging population. As this article is being published, there are numerous countries that are seeing the first generation of their population retire with an explicitly described and funded social security benefit for each of those individuals.

Description: Insurers in the European Union 'EU' were busy preparing themselves for the new Solvency II regulations when the European Court of Justice surprised the industry with its judgment on March 1, 2011, to end gender discrimination in insurance aimed at supporting the fight against unfair discrimination. This article provides background, industry reaction, and the possible effects on the life insurance industry.

Description: Announcement of the winner of the International Section’s annual country feature article competition, highlights of articles in the issue, and reminder about upcoming professional development opportunities.

Description: Background on IACA and its activities.

Description: Briefing about recent activity of the International Section Council Members and initiatives, including recount of the International Committee charter.

Description: Summary of the ReFocus 2018 Conference, jointly sponsored by the American Council of Life Insurers and the SOA.

Description: A suggestion to review and reassess LTC pricing of the last three decades, in light of dangerously inadequate ratesetting in the early years, and the NAIC's introduction of a model rate stability law.