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Institute of Actuaries of Japan Celebrates Its 100th Anniversary

TOKYO, Japan—CAS President Steven G. Lehmann joined in celebrating the 100th anniversary of the Institute of Actuaries of Japan (IAJ) at their Centenary Convention last August. In honor of the occasion, Lehmann presented the IAJ with a Steuben crystal eagle, a gift chosen to represent the finest in American craftsmanship.

"I know that many of your members also work in the general insurance field," said Lehmann in his address during the gift presentation. "We extend to you the hand of friendship." Lehmann also commented that the CAS would be interested in working with the IAJ to sponsor educational activities in the general insurance field.

Established in Tokyo on October 30, 1899 by nine founding members, the IAJ has grown to more than 3,300 members who are involved in the fields of life insurance, non-life insurance, and pension. The IAJ has hosted a number of international conventions and has held actuarial seminars for actuaries in East Asia since 1970.

The Centenary Convention celebrated IAJ's history and achievements as well as forecasted the development of global actuarial activities in the coming century. Representatives of all the North American actuarial organizations, including SOA President Howard Bolnick, as well as many representatives of European groups, attended the meeting, which featured presentations of papers on various topics of interest as well as panel discussions.

A highlight of the meeting was the presentation of a major internal study by Mr. Junzo Tanaka, a past president of Institute of Actuaries of Japan. Tanaka presented his findings as head of a task force that studied the future direction of the actuarial profession in Japan.

Prior to the IAJ Centenary, ASTIN, AFIR, and IAA also held their meetings in Tokyo. The International ASTIN Colloquium was held on August 22-25, the International AFIR Colloquium on August 24-27, and the IAA met on August 30-31.

In picture above:
CAS President Steve Lehmann, left, and SOA President Howard Bolnick, right, congratulate IAJ President Masakagsu Nishibe, FIAJ, on his organization's centernary celebration.