IAA Life Section A new section of the International Actuarial Association Use this cover page for...

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IAA Life Section A new section of the International Actuarial Association

Transcript of IAA Life Section A new section of the International Actuarial Association Use this cover page for...

Page 1: IAA Life Section A new section of the International Actuarial Association Use this cover page for external presentations Client logo should be aligned.

IAA Life Section

A new section of the International Actuarial Association

Page 2: IAA Life Section A new section of the International Actuarial Association Use this cover page for external presentations Client logo should be aligned.

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IAA Life Section - Mission

To promote actuarial research and the exchange of knowledge in the field of life insurance around the world

Page 3: IAA Life Section A new section of the International Actuarial Association Use this cover page for external presentations Client logo should be aligned.

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What we do

Research in the life insurance field– Promotion of new research

Academic Practicing actuaries

– Promulgation of current research– Access to current research

Exchange of information knowledge and views

Supply of practical information

Support of technical development in developing countries

Provision of networking opportunities

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Examples of topics covered

Product design

Planning

Mortality

Disability

Cost of embedded options

Models for life insurance

ALM and fair values

Service delivery

Valuation of a life company

Pricing of annuities

Investment risks

IFRS

Profit participation

Traditional and Dynamic Solvency

Underwriting

Sickness

Distribution models

Embedded values

Risk and capital management

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Delivery

Colloquia Annual colloquia in a format similar to ASTIN and

AFIR

Seminars Seminars on specific current topics, held locally

Bulletin Either a new journal or extension of ASTIN Bulletin

Web exchange/ Web casts A forum for networking and exchanging knowledge

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Our style

Informal

Open discussion

Interactive exchange

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What we need from actuaries

Become a member!– Through your association

Share your views on what you require

Active participation

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The benefits of membership

Invitations to colloquia and seminars– Attendance at colloquia will be primarily but not

exclusively for section members, but members will be charged a reduced fee

– Seminars will usually be open for a wider audience, but members will be charged a reduced fee

Access to the Web exchange

The IAA Life Section Bulletin (or extended ASTIN Bulletin)

Extension of your actuarial network

Ability to follow the latest developments in the Life industry

2006 membership is free

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Interim Officers of the section

Chairman– Kurt Wolfsdorf

Vice Chairman– Stuart Wason

Treasurer– Chris Lewis

Secretary– Malcolm Campbell