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 newsletter contains several articles: The Institute of Actuaries of Japan thanks the SOA Malaysia updates on RBC An update on the SOA international experience survey regulations changing in Bermuda, and An update from the Swedish Actuarial Society Aktuarieforeningen.

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: Discusses life and pension insurance in China.

Description: Jill Hoffman’s report on 2010 actuarial activities in Singapore and Cathy Lyn’s report on the 2009 activities in the Jamaica .

Description: In this article, the author discusses the trend towards an integrated approach to defined benefit plan funding and investments that is taking place in England.

Description: Write-up of 2018 Actuarial Research Conference from an international perspective.

Description: Description of 2018 activities by SOA in Asia and Latin America including professional development, member networks in, university visits and more, to inform SOA members and stakeholders.

Description: SOA Asia-Pacific and China Annual Symposia Held in Guiyang and Bangkok.