Chairperson’s Corner

By Carlos Arocha

International News, July 2022

In this fourth issue of International News of 2022, we feature the following contributions:

• Mary Pat Campbell, FSA, MAAA, offers an amusing analogy between the evolution of interest rates and the Japanese sport of sumo.
• José Luis Gómez, a Colombian-based consultant, and retired actuary Jamie McFadden, FSA, write about actuarial involvement in the assessment of financial reporting for non-profit organizations in Colombia.
• Idelia Hoberg, FIA, in collaboration with Jaco Louw and Ernst Landsberg, offer a fresh perspective of the impact of Covid-19 in the South African life insurance industry, the largest insurance market in Africa.

In other news, the section council, in partnership with Social Insurance and Public Finance section, published a request-for-proposal to develop a guide to paid family and medical leave.

Also, a motion to sponsor the Actuarial Research Conference 2022, to be held at the University of Illinois at Urbana-Champaign, was approved by the council.

As always, we are looking to recruit volunteers for our international activities, and we are also contemplating introducing micro-volunteering tasks, where a modest amount of time can be invested in specific tasks. Should you be interested in micro-volunteering, please contact me at ca@ArochaAndAssociates.ch.

Statements of fact and opinions expressed herein are those of the individual authors and are not necessarily those of the Society of Actuaries, the editors, or the respective authors’ employers.

Carlos Arocha, FSA, is managing partner of Arocha & Associates, an actuarial consulting firm based in Zurich, Switzerland. He can be reached at ca@ArochaAndAssociates.ch.