A new survey of life insurance executives by ACLI indicates that the world's life insurance industry could be changed over the next 10 years by the International Accounting Standards Commission, the capital markets, and regulatory changes. Sixty-nine percent of respondents believe that the capital markets will be very involved in changes, while 10 percent think that reinsurers will be extremely involved. In addition, 83 percent emphasized the significance of European harmonization and U.S. optional federal charter regulation, but they also expect the commission to bring influential changes, and 94 percent expect the accounting changes that the commission is working on to be influential on life insurance.