The French Institute of Actuaries will host an international actuarial colloquium in Paris in May with the theme Individual Choices facing Societal Changes. The organizers of this international colloquium have posed a question that represents a direct challenge to the…
The actuarial profession had its a minimis incipe moment in 1848 in London when a small group of individuals who were engaged in insurance met to discuss the need for a professional association and agreed to principles for the basis…
The International Actuarial Association holds its 2019 colloquium in Cape Town, South Africa, in early April with about 500 expected delegates to attend from around the world. The organizers have selected as a theme for the colloquium “The Modern Actuary:…
The United States National Commission on Fiscal Responsibility and Reform presented its report at the beginning of December with the title The Moment of Truth. The report recommended a six-part plan to put the United States on a path to…
In its latest report on Global Financial Stability, the International Monetary Fund (IMF ) states that risks to the financial system have eased as the economic recovery process gains momentum. As fears of systemic crisis subside, global risk aversion has…
Among the great economic and political thinkers of the twentieth century who have influenced the geopolitics and the global economy of this century are the British economist John Maynard Keynes (1883-1946) and the Chinese political leader Deng Xiaoping (1904-1997). The…
At the end of 2008 the economic outlook for Asia was widely believed to be negative based on various pessimistic economic forecasts. The International Monetary Fund reported that in the fourth quarter of 2008, GDP in Asia (excluding China and…
A Colloquium of the International Association of Consulting Actuaries (IACA) and the Pensions, Benefits, Social Security (PBSS) and Health (IAAHS) Sections of the International Actuarial Association (IAA), took place in Boston in May. This was an internationally diverse colloquium with…