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March 3rd, 2025 Newsletter

March 3, 2025 by
GIS UIUC

Gamma Iota Sigma 


Week 7!


 

Hello, everyone!

Hope you had a great weekend! Big thanks to everyone who joined our game night last week. This Thursday, we're hosting chapter and a movie night. We hope to see you there!


Also, board applications for next year are open! Be sure to submit yours by Friday, March 14th.

Lastly, don't forget to fill out the Chicago trip form by this Friday to help us plan the date. Don't miss out!


Best,

Gamma

​

 

Article of the Week

ALM in the Taiwan Insurance Market

 

The Taiwan insurance market is experiencing major regulatory changes, including IFRS 17 implementation, making asset-liability management (ALM) crucial for insurers. A unified ALM approach, integrating investment, actuarial, risk, finance, and IT teams, can enhance decision-making and business sustainability. Modernized systems and centralized actuarial models improve efficiency, automate processes, and ensure compliance. However, a shortage of modeling actuaries presents challenges, making outsourcing or shared services viable alternatives. By adopting advanced ALM strategies, insurers can shift from manual processes to data-driven insights, optimizing capital and reducing financial risks.


You can find the full article here




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