The International Actuarial Association, (IAA) is the organization of actuarial associations representing over 95% of the worlds professional actuaries all of whose full members are subject to qualification standards and codes of professional conduct.

The International Actuarial Association (the IAA) represents the international actuarial profession. Our Full Member actuarial associations exceed forty in number, and represent more than 95% of all actuaries practising around the world.

The International Actuarial Association (the IAA) represents the international actuarial profession. Our Full Member actuarial associations exceed forty in number and represent more than 95% of all actuaries practicing around the world. The Full Member associations of the IAA are listed in an...

The International Actuarial Association (IAA), as well as all other parties interested in the development and maintenance of a set of quality international accounting standards for insurance contracts, appreciates the opportunity to express our views on the Insurance Issues Paper (the IASC...

The Steering Committee recommends that the main focus of the project should be on insurance contracts of all enterprises. However, the project will also need to deal with some enterprise-wide issues, such as the following:(a) identifying the reporting entity; and(b) presentation requirements,...

The important distinguishing characteristics of insurance contracts are quite relevant to much of the discussion regarding insurance standards for insurance contracts.

The objective of this paper to present a general overview of a possible approach for the valuation of insurance liabilities and the capital requirements required as a consequence of the risk transfer from a policyholder to the insurer...

This document refers to sub-issue 11G of the IASC Insurance Issues paper and proposes a method to value risk-adjusted cash flows (refer to the IAA paper INSURANCE LIABILITIES - VALUATION & CAPITAL REQUIREMENTS, GENERAL OVERVIEW OF A POSSIBLE APPROACH, sections 2.2 and 2.3). The principles and...

The preliminary views of the Steering Committee in its Insurance Issues Paper (the IASC Paper) indicate that there has been significant disagreement within the Steering Committee as to whether to reflect expected investment margins in estimates of future cash flows related to the valuation of...

The IASC Insurance Issues Paper (the IASC Paper) mentions in a number of places the concept of market expectations regarding the expected value and corresponding adjustments for risk associated with the experience factors used in measuring the value of the liabilities of insurance contracts....