South African Actuarial Journal最新文献_第7页

Demand for actuarial resources in South Africa 南非精算资源需求

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South African Actuarial Journal Pub Date : 2009-01-01 DOI: 10.4314/SAAJ.V9I1.46818

W. Terblanche

{"title":"Demand for actuarial resources in South Africa","authors":"W. Terblanche","doi":"10.4314/SAAJ.V9I1.46818","DOIUrl":"https://doi.org/10.4314/SAAJ.V9I1.46818","url":null,"abstract":"A key thrust of the Actuarial Society of South Africa’s strategic plan is to promote diversity in actuarial demography. The aim is that the membership profile of the actuarial profession increasingly reflects the demographic profile of the country.More broadly, it is useful for a profession to consider how it has evolved, and how changes in the environment in which it operates may affect demand for its services in the future. In the last few years, as a result of economic development and growth in the services sector, as well as changes in the financial and insurance environment, including regulatory and technological developments as well as social and demographic changes, the demand for actuaries in South Africa has grown significantly. South Africa faces a number of challenges, such as a poorly educated workforce with high levels of unemployment and skills shortages. Poor socio-economic conditions for a large majority of the population result in high crime levels and emigration of skilled workers—a negative spiral. These are all interrelated and all affect economic growth and the demand for actuaries. While deterioration in these conditions negatively affects demand, global developments, such as international accounting standards and Solvency II, are creating demand. At the same time, emigration of actuaries and actuarial students creates shortages and a much tighter actuarial resource market. This paper covers the current demographics of the membership of the Actuarial Society of South Africa, factors affecting demand, the results of research performed among South African employers of actuarial resources and models developed for projecting future demand. The models indicate moderate growth in demand in the short term.","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70614428","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Education for actuarial quality must develop more than technical competence 精算素质教育必须培养的不仅仅是技术能力

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South African Actuarial Journal Pub Date : 2009-01-01 DOI: 10.4314/SAAJ.V9I1.46819

Michael Lowther, W. Mcmillan, F. Venter

{"title":"Education for actuarial quality must develop more than technical competence","authors":"Michael Lowther, W. Mcmillan, F. Venter","doi":"10.4314/SAAJ.V9I1.46819","DOIUrl":"https://doi.org/10.4314/SAAJ.V9I1.46819","url":null,"abstract":"This paper is located in the field of actuarial professional education. It draws on current literature and empirical evidence to argue the need for developing generic 'normative' capabilities and values in the actuarial profession. The paper examines three themes of normative education for actuaries - the intended purpose of an education programme, the range of capabilities and values to be developed and educational 'best practice'. A literature review of normative education in various professions provided a theoretical framework for data analysis, and for making recommendations. Data were collected from three sources: interviews with stakeholders; documentary evidence regarding current education of actuaries and accountants; and advertisements for employment of nearly or newly qualified actuaries. The paper draws on the literature and the empirical evidence to argue that the purpose of an actuarial education programme is to ensure the delivery of a service of quality. For this delivery to be achieved, attention must be given to technical, normative and organisational learning. The paper then reviews normative capabilities and values for actuaries. Thereafter, educational considerations for the development of normative capabilities and values are discussed. The paper concludes by drawing on the study to outline principles to guide curriculum planning for the normative component of the new South African actuarial qualification.","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70614566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9

Editorial: On Changing Jackets 社论:关于换夹克

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South African Actuarial Journal Pub Date : 2008-10-28 DOI: 10.4314/SAAJ.V8I1.24514

R. Thomson

引用次数: 0

Taxation of life insurance in South Africa revisited : refereed paper 南非人寿保险税收重审:参考文件

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South African Actuarial Journal Pub Date : 2008-01-01 DOI: 10.4314/SAAJ.V8I1.24506

R. Clover

引用次数: 2

Frontiers in Pension Finance, D. Broeders, S. Eijffinger & A. Houben (Eds.) : book review 《养老金金融前沿》，D. Broeders, S. Eijffinger & A. Houben(编):书评

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South African Actuarial Journal Pub Date : 2008-01-01 DOI: 10.4314/SAAJ.V8I1.24515

D. Bowie

引用次数: 0

The effects of HIV/AIDS on medical schemes in South Africa 艾滋病毒/艾滋病对南非医疗计划的影响

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South African Actuarial Journal Pub Date : 2008-01-01 DOI: 10.4314/SAAJ.V8I1.24513

By R da Silva, L. Wayburne

引用次数: 2

Options for the development of the education and professional qualification of South African actuaries 发展南非精算师的教育和专业资格的选择

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South African Actuarial Journal Pub Date : 2007-01-01 DOI: 10.4314/SAAJ.V7I1.24508

P. Slattery, H. Kemp

引用次数: 1

Poverty and inequality in South Africa and the world 南非和世界的贫困和不平等

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South African Actuarial Journal Pub Date : 2007-01-01 DOI: 10.4314/SAAJ.V7I1.24511

By P Govender, N. Kambaran, N. Patchett, A. Ruddle, G. Torr, N. V. Zyl

{"title":"Poverty and inequality in South Africa and the world","authors":"By P Govender, N. Kambaran, N. Patchett, A. Ruddle, G. Torr, N. V. Zyl","doi":"10.4314/SAAJ.V7I1.24511","DOIUrl":"https://doi.org/10.4314/SAAJ.V7I1.24511","url":null,"abstract":"This article begins with a discussion of various definitions and concepts of poverty and inequality. It then distinguishes between objective and subjective concepts of poverty, temporary versus chronic poverty, and absolute versus relative poverty. The concept of inequality is discussed and compared with that of poverty. Specific measures of poverty and inequality are considered next. The measurement of poverty requires the choice of a welfare measure, a benchmark welfare level for identifying those in poverty (a poverty line), and the selection of one or more appropriate poverty indicators. The mathematically desirable features of a poverty or inequality measure are discussed, and the most commonly used measures are described. Some of the special considerations that arise when measuring poverty and inequality at the world level are then investigated, and this is followed by a discussion of the datasets available for producing these. Finally, actual estimates of poverty and inequality in South Africa and the world are examined, with a particular focus on trying to assess the trend in recent years. It seems fairly certain that the proportion of people in the world living in absolute poverty has declined significantly and consistently over the last few decades, and this trend is continuing. There is less agreement about trends in inequality. Progress against poverty has been very uneven across regions: there have been dramatic declines in Asia, but the situation in Africa has worsened. There is an ongoing debate about poverty and inequality trends in South Africa. Keywords : Poverty; inequality; South Africa; world South African Acturial Journal Vol. 7 2007: pp. 117-160","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70613812","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 19

The potential effect of an HIV / AIDS vaccine in South Africa 艾滋病毒/艾滋病疫苗在南非的潜在效果

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South African Actuarial Journal Pub Date : 2007-01-01 DOI: 10.4314/SAAJ.V7I1.24509

L. Johnson, R. Dorrington

引用次数: 0

Pension benefit design: flexibility and the integration of insurance over the life cycle 养老金福利设计:弹性和保险全生命周期的整合

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South African Actuarial Journal Pub Date : 2007-01-01 DOI: 10.4314/SAAJ.V7I1.24510

A. Asher

{"title":"Pension benefit design: flexibility and the integration of insurance over the life cycle","authors":"A. Asher","doi":"10.4314/SAAJ.V7I1.24510","DOIUrl":"https://doi.org/10.4314/SAAJ.V7I1.24510","url":null,"abstract":"It is suggested that South African retirement schemes ought to be designed around the financial life cycle and the risks faced by the families of members at various stages of the cycle. This paper reviews what we know about the life cycle and the non-investment risks: principally death, disability, dismissal and divorce. Providing for death and disability within schemes would allow for an offset of these costs against that of retirement, for less in the way of underwriting and for economies of scope. It would also allow for the elimination of those statutory and private schemes that give partial cover for accidental causes of death and disability. The paper also criticises insurance arrangements that conflate the heterogeneous causes of disability. It then considers arguments for making scheme membership and various elements of design a legislative requirement. Against the common view, it is suggested that a relatively low level of saving should be required, but that life and disability cover ought to be compulsory as should annuitisation at retirement. Keywords : Policy; pension funds; collective action; life insurance; annuitisation; disability; retirement; social policy South African Acturial Journal Vol. 7 2007: pp. 73-115","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70613714","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1