The International Actuarial Association (IAA) is a worldwide association of local professional actuarial associations.
The IAA is the continuation of the "Comité Permanent des Congrès d’Actuaires", established in 1895, as an association of individuals. It was renamed the IAA in 1968. At the 26th International Congress of Actuaries, held in Birmingham on 7–12 June 1998, the General Assembly of the International Actuarial Association restructured itself.
The restructure created a single unified framework to ensure unity of direction and efficient coordination with respect to issues of a worldwide nature. The major responsibilities of the IAA are now in the hands of the actuarial associations, which bring together the actuaries in their respective countries and is the link between the actuaries and the actuarial associations worldwide. The IAA is the unique international organization dedicated to the research, education and development of the profession and of actuarial associations.
The IAA has seven sections, ASTIN, AFIR/ERM, IACA, IAAHS, PBSS, AWB and LIFE. The ASTIN Section stands for Actuarial Studies In Non-life insurance and was founded in 1957. ASTIN organises annual colloquia and jointly publishes with the other sections, the ASTIN Bulletin, an internationally renowned referenced scientific journal. The AFIR/ERM Section stands for Actuarial Approach for Financial Risks and was founded in 1988. It has as its objective the promotion of actuarial research in financial risks and enterprise risk management, and its most important function is the organizing of annual colloquia. The IACA Section stands for International Association of Consulting Actuaries and was founded in 1968, independently of the IAA, to facilitate international exchange of views between consulting actuaries. It was admitted as a section of the IAA in 1999. The International Actuarial Association Health Section (IAAHS) was founded in 2003 to provide an international perspective on health actuarial practice, public and private health insurance, and health policy matters. The Pensions, Benefits, Social Security Section (PBSS) was founded in 2003 to serve actuaries around the world who have personal, professional, educational or research interests in social protection and the commercial, social and public policy issues concerning the provision of pensions and other benefits. The Actuaries Without Borders Section (AWB) was also founded in 2003 to link situations in need of actuarial skills with financial resources and with actuarial volunteers to meet those needs. The LIFE Section has as its objectives to promote and facilitate an international exchange of views, advice, research and practical information among actuaries involved with life insurance issues.
The IAA Council comprises the President whose term of office is one year, the Officers and one delegate per Full Member association and one delegate per Section. The Committees and the Council normally meet twice a year in different countries.
The Officers for the period January 1, 2017 to December 31, 2017 are:
Tom Terry, President
Masaaki Yoshimura, President-Elect
Malcolm Campbell, Immediate Past President
The Council elects an Executive Committee to coordinate activities and operations, and propose strategies, budgets, membership fees and Council meeting venues. The President chairs the Executive Committee, which comprises the Officers and the chairpersons of the Committees and Sections.
Currently, the IAA has 69 full member associations, 28 associate member associations, five partners organisations, one observer organisations and 3 patrons. All individual actuaries can elect to join any section of the IAA, which currently are ASTIN, AFIR, IACA, IAAHS, PBSS, AWB and LIFE by paying the required contribution.
Full members:
Caribbean Actuarial Association
Professional Council of Economic Sciences of the City of Buenos Aires
Actuaries Institute Australia
Austrian Actuarial Society
Institute of Actuaries in Belgium
Actuarial Association in Bosnia and Herzegovina
Brazilian Institute of Actuaries
Bulgarian Actuarial Society
Canadian Institute of Actuaries
China Association of Actuaries
Colombian Association of Actuaries
Croatian Actuarial Association
Cyprus Association of Actuaries
Czech Society of Actuaries
Danish Society of Actuaries
Egyptian Society of Actuaries
Estonian Actuarial Society
Actuarial Society of Finland
Institute of Actuaries of France
German Actuarial Society
Hellenic Actuarial Society (Greece)
Actuarial Society of Hong Kong
Hungarian Actuarial Society
Society of Icelandic Actuaries
Institute of Actuaries of India
Society of Actuaries of Indonesia
Society of Actuaries in Ireland
Israel Association of Actuaries
Italian Institute of Actuaries
Institute of Actuaries of Ivory Coast
Institute of Actuaries of Japan
Japanese Society of Certified Pension Actuaries
Actuarial Society of Kenya
Latvian Actuarial Association
Lebanese Association of Actuaries
Lithuanian Actuarial Society
Macedonian Actuarial Association
Actuarial Society of Malaysia
National Association of Actuaries (Mexico)
Moroccan Association of Actuaries
Actuarial Society of the Netherlands
New Zealand Society of Actuaries
Norwegian Society of Actuaries
Pakistan Society of Actuaries
Actuarial Society of the Philippines
Polish Society of Actuaries
Portuguese Institute of Actuaries
Romanian Actuarial Association
Russian Guild of Actuaries
Serbian Association of Actuaries
Singapore Actuarial Society
Slovak Society of Actuaries
Slovenian Association of Actuaries
Actuarial Society of South Africa
Institute of Actuaries of Korea (South Korea)
Spanish Institute of Actuaries
Catalan Actuarial Association (Spain)
Swedish Society of Actuaries
Swiss Association of Actuaries
Actuarial Institute of Chinese Taipei
Society of Actuaries of Thailand
Actuarial Society of Turkey
Association of Consulting Actuaries (United Kingdom)
Institute and Faculty of Actuaries (United Kingdom)
American Academy of Actuaries
American Society of Pension Professionals and Actuaries
Casualty Actuarial Society (United States)
Conference of Consulting Actuaries (United States)
Society of Actuaries (United States)
Associate members:
Albanian Actuarial Association
Institute of Actuaries of Argentina
Actuarial Society of Armenia
Actuarial Association of Azerbaijan
Actuarial Society of Bangladesh
Association of Actuaries of Benin
Actuarial Association of the Republic of Srpska (Bosnia and Herzegovina)
Channel Islands Actuarial Society
Institute of Actuaries of Chile
Association of Actuaries and Financial Analysts (Georgia)
Actuarial Society of Ghana
Actuarial Society of Kazakhstan
Luxembourg Actuarial Association
Mexican Association of Actuaries
Moldovan Actuarial Association
Society of Actuaries of Mongolia
Society of Actuaries of Namibia
Nigerian Actuarial Society
Association of Actuaries of Panama
Association of Professional Actuaries (Russia)
Institut National des Actuaires au Sénégal (Senegal)
Actuarial Association of Sri Lanka
Actuarial Society of Tanzania
Association Actuarielle Au Togo (Togo)
The Actuarial Association of Uganda
Society of Actuaries of Ukraine
Actuarial Society of Zambia
Actuarial Society of Zimbabwe
Partners:
International Accounting Standards Board
International Association of Insurance Supervisors
International Organisation of Pension Supervisors
International Social Security Association
Organisation for Economic Co-operation and Development
Observers:
Asian Development Bank
Patrons:
Allianz
Reinsurance Group of America
Milliman
ASTIN Bulletin - The Journal of the International Actuarial Association (ISSN 0515-0361)
Stochastic Modeling – Theory and Reality from an Actuarial Perspective (ISBN 978-0-9813968-2-8)
Discount Rates in Financial Reporting A Practical Guide (ISBN 978-0-9813968-3-5)
1895-1896 Léon Mahillon
1896-1909 Omer Lepreux
1909-1946 Amédée Bégault
1946-1950 Léon François
1950-1964 Albert Théate
1964-1984 Edouard Franckx
1987-1988 Henri Rijkers
1988-1998 André Lamens
1995-1996 Paul McCrossan†
1996-1997 Christopher Daykin†
1997-1998 Walter S. Rugland†
1998-1999 Jean Berthon
2000 Catherine M. Prime
2001 Morris W. Chambers
2002 Edward J. Levay
2003 W. James MacGinnitie
2004 Luis Huerta
2005 Alf Guldberg
2006 Jean-Louis Massé
2007 Hillevi Mannonen
2008 David G. Hartman
2009 Katsumi Hikasa
2010 Paul N. Thornton
2011 Cecil D. Bykerk
2012 Desmond K. Smith
2013 Kurt Wolfsdorf
2014 Robert L. Brown
2015 Frederick Rowley
2016 Malcolm Campbell
†Chairmen of the International Forum of Actuarial Associations
2001 Hans Bühlmann
2001 Max Lacroix
2008 Paul McCrossan
2010 Yves Guérard
2014 Christopher Daykin