Description: Valerie Tsang and Jessica Kirkwood are both senior consultants with Ernst & Young LLP (EY UK) and Ernst & Young LLP (EY US) respectively, who also have something else in common—they both have recently moved to a new country and are now immersed in a different market. Here, they discuss the quick-changing landscape of actuarial work and regulations and the importance of being aware of the key issues both in the countries they work in and globally, as well as some of the differences they have seen between the UK and US markets.

Description: Created in November 2020, Actuaires du Monde (Actuaries of the World in English) is a non-profit organization registered in France.

Description: This article outlines how Bermuda advanced in global tax compliance through the enactment of the Bermuda Corporate Income Tax (CIT) Act of 2023, which will take effect for tax years beginning on or after January 1, 2025. The Bermuda CIT rules incorporate key foundational definitions from the Organization for Economic Cooperation and Development’s (OECD) Pillar Two GloBE model rules, while also exhibiting significant differences from Pillar Two. The article discusses the various elections available for taxpayers, key mechanics of the CIT, and the latest administrative guidance released by the Government of Bermuda.

Description: In this paper, Honorable Mention Essay for the Society of Actuaries' Entrepreneurial Actuaries Section 2010 Papers Competition, the author discusses the relative lack of personal insurance programs in third world countries, and the opportunities and challenges this presents to entrepreneurial actuaries. This essay discusses approaches for solving the issues in order that personal insurance programs in the third world will become a viable business opportunity. In addition to being an opportunity, the author believes this should also be an area in which actuaries feel a responsibility for finding solutions, because actuaries understand the problems and can find the answers. The author also suggests ways the Entrepreneurial Actuaries Section can help.

Description: This article discusses the problems created by the options in unit-linked annuities in the UK, variable annuities in the US and segregated fund contracts in Canada. Methodology for valuing the guaranteed annuity option is presented.

Description: Part Two of a 3 part discussion of: Social Security System for the 21st Century. This part outlines some of the key characteristics of the viable social security system of the 21st century.

Description: A discussion of the market opportunities for offering Stable Value Funds across the world.

Description: This articles summarizes the four strategic questions which are the focus of the White Paper on International Strategy and Initiatives.

Description: This article presents the results of a survey of financial assumptions contained in 2003 embedded value reports. The purpose of the survey is to provide international actuaries with benchmark assumption data. From International Section News, October 2004, Issue No. 34.

Description: An advertisement for the 6th annual conference in Actuarial Science and Finance on Samos.