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 proposals for determination of fair values of insurance contracts will require the application of sophisticated mathematical, statistical and modeling techniques.

Founded in 1895, the International Actuarial Association (IAA) is a worldwide association of professional actuarial associations and individual actuaries.

This paper considers the use of an actuary as part of an insurance supervisory model. In some jurisdictions where use is made of an actuary in the supervisory model, this use is referred to as an appointed actuary or a responsible actuary system ...

Der Aktuar ist ein wissenschaftlich ausgebildeter Experte, der mit mathematischen Methoden der Wahrscheinlichkeitstheorie und der Finanzmathematik Fragestellungen aus den Bereichen Versicherungs- und Bausparwesen, Kapitalanlage und Altersversorgungssysteme analysiert und unter Berücksichtigung...

This Geneva Association “insurance reader on the credit crisis” has been put togetheras a reaction to the widespread demand for reliable information on and an intellectualappreciation of the insurance sector’s involvement in the credit crisis. Since the end of2007, The Geneva Association...

At the General Assembly of the Geneva Association held 28-31 May 2008 in Hamilton, Bermuda, the CEOs of the world's leading insurance and reinsurance companies decided to launch a new research project on climate change and its economic impact on insurance (CC+I). This initiative reflects one of...

Insurers and banks are both suppliers of financial services and constitute together thebulk of the financial services industry. As such, they share certain common traits and,consequently, are often analyzed together. At the same time, they differ markedly in certainrespects, insurance and...

Strict liabilities prevails at major accidents. According to the Polluter Pays Principle,l it is the liable party who pays for any damage. The accidents may be very large, however, compared to the assets of the liable plant owner. The liable party may, therefore, simply go bankrupt and leave the...