The Health Solvency Work Group submitted a letter to the NAIC's Health Risk-Based Capital Working Group describing a model that examines administrative expenses within the context of business risk.
(November 16, 2012)
The Health Solvency Work Group submitted a letter to the NAIC's Health Risk-Based Capital Working Group describing a model that examines administrative expenses within the context of business risk. (November 16, 2012)
The Group Long-Term Disability Work Group submitted a proposed actuarial guideline to the NAIC's Health Actuarial Task Force (HATF) that will be used to provide instructions for the use of the proposed new Group Long-Term Disability Valuation Table. (November 14, 2012)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (November 09, 2012)
The 2012 Property/Casualty Loss Reserve Law Manual is now available. The manual is designed to help appointed actuaries comply with the NAIC requirements for statements of actuarial opinion. Learn what's new and order your copy today! (January 15, 2013)
Bykerk announced that membership dues will remain the same for a second year in a row and provided instructions on how to pay dues. The Record, which provides a detailed review of how the Academy performed during the past year, also was released. Read Academy President Cecil Bykerk’s message to membership. (November 06, 2012)
You are invited to a special breakfast on Nov. 29 (7-8 a.m.) to meet with representatives from the Actuarial Standards Board, Actuarial Board for Counseling and Discipline, the Academy’s Council on Professionalism, and its Committee on Qualifications to learn how each operates. Attendees also can stop by to meet one-on-one with representatives during “office hours” (8-9 a.m.). Learn more! (November 21, 2012)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (November 02, 2012)
The Casualty Actuarial Society (CAS), Canadian Institute of Actuaries, Society of Actuaries, and the American Academy of Actuaries’ Property/Casualty Extreme Events Committee, with input from the CAS’s Climate Index Working Group, have published a report, “Determining the Impact of Climate Change on Insurance Risk and the Global Community,” responding to the emerging risk of climate change by collaborating to recommend, support, and perform research on climate change and assess the potential risk management implications for the insurance industry. (October 31, 2012)
The Casualty Practice Council provided an actuarial perspective on the NAIC Catastrophe Risk Subgroup's recent proposed changes to the Risk-Based Capital formula spreadsheets to incorporate property catastrophe risk. (October 29, 2012)
Read about the Academy’s recent activities in the latest edition of the Actuarial Update. (November 01, 2012)
Read about Franz Kafka’s work at a Prague insurance company, wellness programs worldwide, using system dynamics to model obesity, and much more. Also check out Actuarial Software Now, a special supplement published with this issue of Contingencies. (November 01, 2012)
The Academy’s Council on Professionalism has launched a member-wide survey to determine the landscape of professional and ethical issues that its members encounter. We have teamed up with professors from Drake University with expertise in surveying ethical issues facing professionals to survey members which we hope will yield much insight into matters that impact the actuarial profession. Given the broad base of our membership, we expect to utilize this survey to hear from a wide variety of backgrounds including consultants, in-house insurance practitioners, government actuaries, and others. Members are receiving the survey from “Karen Terry, Academy VP” and we strongly encourage you to participate in this short survey to help the Academy better serve the actuarial profession and further our important professionalism mission. (November 01, 2012)
Read about recent health care reform activities in the latest edition of HealthCheck. (October 31, 2012)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (October 26, 2012)
