Description: Discusses the early days of India's opening up of it's insurance markets and the actuarial profession.

Description: In this article, the author discusses the insurance market in Switzerland.

Description: A high-level overview of the recent release of the update to the illustration practice notes, or IPNs.

Description: Chairperson’s column likening product development to campaigning.

Description: Feature article about the New York State Department of Financial Services (NYDFS) adopting its First Amendment to Regulation 213, Principle-Based Reserving (PBR) and the affects it will cause.

Description: The rules governing the tax treatment of distributions from life insurance or annuity contracts are complex. Worse, the relevant IRC section, section 72, seems at times to be the product of a conspiracy in restraint of understanding.

Description: The article provides an introduction to some of the key limitations that the Internal Revenue Code imposes on business uses of life insurance, focusing on the limitations under Section 264(a) on business deductions for premiums and interest expenses related to life insurance, the similar limitations under Section 264(f) for unrelated interest expenses of businesses that own life insurance, the limitations under Section 101(j) on the excludability of death benefits under employer-owned life insurance contracts, and the recently-enacted rules for life settlement transactions.

Description: This article summarizes findings from a recently published peer-reviewed study in the Journal of Risk and Insurance (Hanewald et al., 2025),[1], which examined how access to housing wealth affects stated demand for LTC insurance in China. We conducted a survey of homeowners aged 45-–64 across 49 cities in China and found that offering reverse mortgages or home reversion products significantly increased stated demand for LTC insurance. This article highlights the study’s key results and implications for insurers, actuaries, and policymakers.

Description: The article summarizes the results of the 2024 Life Reinsurance Survey of Individual Life and Group Life business written in the traditional life reinsurance markets of the United States and Canada. The article summarizes the new business volume written in 2024 and 2023 as well as the volume of ceded reinsurance in force at year-end 2024 and 2023.

Description: Chairperson's column for the May 2023 issue of NewsDirect discussing the Section's strategic themes for the year.