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Actuarial tag returned 72 results

  • South Korea: Regulator calls for insurers to brace for IFRS 17

    South Korea's insurance regulator has urged the country's insurers to strenghten their capital base and align their assets and liabilities in preparation of IFRS 17's implementation on 1 January 2022.

    Asia | 23 Dec 2019
  • Major accounting change for global reinsurer

    Zurich-headquartered Swiss Re Group has decided that its consolidated financial statements will be prepared in accordance with International Financial Reporting Standards (IFRS) from 1 January 2024.

    Asia | 09 Dec 2019
  • Dealing with Vietnam's talent problem

    Vietnam is currently facing issues over manpower, as the regulators continue to try and improve the professionalism and standards of the growing industry. According to Insurance Association of Vietnam deputy secretary general Ngo Trung Dung, some insurers are struggling to meet the new human resource requirements.

    AIRPlus | 09 Dec 2019
  • Egypt: Actuaries' body names its first woman chairman

    The Egyptian Society of Actuaries has begun a new era, following the election of the first woman in its history to serve as chairman since the association was established in 1999.

    Middle East | 27 Nov 2019
  • Saudi Arabia: Regulator updates insurance regulations covering actuaries

    The Saudi Arabian Monetary Authority (SAMA) has released draft updated actuarial regulations for insurance and reinsurance companies, according to a statement issued by the financial regulator.

    Middle East | 17 Nov 2019
  • China: CBIRC moves closer to improving life actuarial rules

    The CBIRC has launched a second round of consultations on proposed changes to life actuarial rules, after receiving feedback from the industry and incorporating suggestions obtained therefrom into a second draft.

    Asia | 13 Nov 2019
  • It is a dynamic time to be an actuary

    Professionalism is the bedrock of the actuarial profession and is the reason why the public rely on actuaries, said Singapore Actuarial Society executive director and panel moderator Chi Cheng Hock as he opened a discussion held on the last day of the Asian Actuarial Conference 2019 in Singapore yesterday.

    Asia | 25 Oct 2019
  • Leading through change

    Continued low interest rates are a game changer for the insurance industry in Asia.

    Asia | 23 Oct 2019
  • Love actuary: The ultimate augmented underwriting

    The second day of the Asian Actuarial Conference 2019 being held in Singapore at Resorts World Sentosa got off to a flying start with Munich Re data analytics (life and health), Asia Pacific, Middle East and Africa head Lee Sarkin delivering an informed presentation on augmented underwriting. Mr Sarkin's presentation also touched on augmenting traditional underwriting with external data.

    Asia | 23 Oct 2019
  • Further delay to IFRS17 would increase cost for insurers, says IASB

    The International Accounting Standards Board (IASB) recognises that any further delay to the implementation date for IFRS17 would result in increased cost for insurers, said IASB board member Darrel Scott who was speaking at the Asian Actuarial Conference in Singapore this afternoon.

    Asia | 22 Oct 2019

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