Description: The InsurTech market in China is divided into three categories, including online sales of traditional products through internet channels, product upgrades driven by technology, or the creation of more targeted products, and the innovation of eco-system-oriented products, or insurance service by data analysis. The market is expected to reach 1.4 trillion RMB in total.As the digital revolution goes deeper, new technologies have infiltrated into all business models in insurance companies and have promoted the generation and development of the InsurTech market. Digital technologies have been widely used by traditional insurance companies to optimize the procedures and products of the current value chain, bringing a virtuous cycle between InsurTech and the online eco-system. As a result, these traditional insurance companies can expand their business from insurance only to personal finance and other extended services, building a comprehensive solution for the eco-system. Technology is the cornerstone for the business development and innovation of insurance.

Description: Managed strategies as underlying investments in VA/FIA products have seen spectacular growth since the financial crisis. The speakers of these sessions will share their views on the development of this market and what is expected to unfold over the next 12 months in regard to the next generation of products and fund-based strategies.

Description: podcast update of the reinsurance section

Description: Description of the Fifth Annual Convention of the Actuarial Society of Zimbabwe.

Description: Risk adjustment is needed under IFRS 17 to reflect the compensation that a company requires for bearing the uncertainty about the amount and timing of the cash flows that arises from non-financial risk. Companies are also required to disclose the method and confidence level used for the calculation of the RA. However, IFRS 17 doesn’t specify a method and a confidence level, nor does it provide a list of specific risks that are considered to be non-financial risk. Companies need to define them based on their own preferences or existing practices. This article will introduce available approaches and discuss the confidence level approach with potential consideration stemming from industry preferences and illustrative examples.

Description: Read the February 2020 issue of Retirement Section News published by the Retirement Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the February 2020 issue of Predictive Analytics and Futurism published by the Predictive Analytics and Futurism Section. Newsletter provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the February 2020 issue of Long-Term Care News published by the Long-Term Care Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: The article provides an update on the 2019 ERM Symposium with regard to date, location and content (General Sessions and Concurrent Sessions).

Description: A feature article discussing how ZIP codes can affect longevity.