Description: What The Markets Should Reflect From The Victory In Iraq - A Candian’s Perspective

Description: In this article, the author discusses the partisan politics in Taiwan, including its impact on the country's national health care system.

Description: In the past, we have seen changes to regulations which have been perceived to negatively impact pensions. However, during the euro crisis, we have seen governments undertake austerity measures which dramatically reduce pension benefits in a way never seen before in Europe, at times even going as far as to confiscate pension assets in order to fill government coffers.

Description: In this article the author concludes that “terrorism may foster a sense of conservatism that we may now need in the marketplace. Now that policy may have to be changed. In the process, risk will become better understood, common sense can replace, to some extent, the irrational behavior or excessive risk taking of the past and we will all appreciate our financial situation much more, and won’t expose ourselves to unrealistic expectations as much Hopefully the actuarial profession can respond to the challenge, since we are the best qualified to quantify such risks in the marketplace.”

Description: Geoeconomic fragmentation is reshaping the global risk landscape in profound ways, with significant implications for the insurance industry and actuarial professionals. The disruption of traditional models of risk diversification, the growing demand for specialized insurance products, and the increased volatility of financial markets all require actuaries to reassess their approaches to risk management, pricing, and capital allocation. By embracing scenario planning, enhancing geopolitical intelligence, and adapting their models to reflect the new realities of a fragmented world economy, actuaries can help insurers navigate this uncertainty and continue to provide essential protection to businesses and individuals in an increasingly unpredictable global environment.

Description: A article summarizing the SOA 2024 Regional Symposium in Riyadh

Description: Industry briefings and SOA news