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       Posted on April 3rd, 2011

IAA Annual Report 2010 – Moving the Profession Forward Internationally

IAA first strategic objective is to promote the role, reputation and recognition of the actuarial profession in the international domain.

Much work has been done with the International Accounting Standards Board (IASB) on the Exposure Draft of IFRS 4, the insurance contracts standard, and with the International Association of Insurance [...]


       Posted on November 28th, 2010

Note on the Use of Internal Models for Risk and Capital Management Purposes by Insurers

This note provides educational material for those responsible for constructing, using and approving the use of models to assess and manage risk and capital within insurance enterprises (insurers). This material is also useful to those who rely upon the information derived from models, as an aid to understanding the derivation, uses and limitations [...]


       Posted on November 8th, 2010

IAA’s role in future global insurance regulation

IAIS Chairman, Peter Braumüller, identified several areas for mutual cooperation between the IAA and IAIS during his address to the IAA Council on October 12, in Vienna, Austria. Mr. Braumüller highlighted the similarities of purpose of the two organizations in various areas including standard setting, standard implementation, financial stability and external interaction.


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