The Automobile Insurance Committee released an issue brief on the development of consumer pricing for automobile insurance. (April 16, 2021)
The Financial Reporting and Solvency Committee sent a comment letter to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B) Task Force regarding the proposal to modify the definition of “actuarial assets” as used in the instructions for the Health Statement of Actuarial Opinion. (April 19, 2021)
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. (April 16, 2021)
The Automobile Insurance Committee released an issue brief on the development of consumer pricing for automobile insurance. (April 16, 2021)
The Academy's Casualty Practice Council submitted comments to the Actuarial Standards Board regarding the setting assumptions actuarial standard of practice (ASOP). (April 15, 2021)
The Academy’s Pension Committee submitted comments to the Actuarial Standards Board regarding the third exposure draft of the proposed Setting Assumptions Actuarial Standard of Practice. (April 14, 2021)
The Telehealth Work Group released an issue brief on telehealth coverage and payment considerations for policymakers now and after the COVID-19 public health emergency. (April 14, 2021)
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. (April 09, 2021)
The Academy has released an original research paper on scalar methodologies to aggregate capital requirements across regulatory frameworks. Scalars are a central part of efforts to develop capital adequacy measures for financial groups that operate businesses in more than one country and/or more than one industry. (April 09, 2021)
Life Vice President, Laura Hanson, presented an update of Life Practice Council activities to the Life Actuarial (A) Task Force at the National Association of Insurance Commissioners 2021 Virtual Spring National Meeting. (April 08, 2021)
The Spring Casualty Quarterly includes a Q&A with the Casualty Practice Council’s Cyber Risk Task Force Chairperson Norman Niami on cyber risk issues being addressed by the Academy, including a look at some forthcoming papers. Also in the issue, a report on a new issue brief on automobile insurance and COVID-19, news items on Senior Casualty Fellow Rich Gibson presentations on P/C issues at two events, the latest Actuaries Climate Index figures, and recent state and federal legislative and regulatory activity. (April 09, 2021)
The VM-22 Subgroup released its VM-22 In Brief, providing an overview of Valuation Manual (VM)-22 requirements, which specifies new Interest rate requirements for reserves on single premium immediate annuities and similar contracts. (April 08, 2021)
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. (April 02, 2021)
The March Actuarial Update covers the release of the Actuarial Standards Board and Actuarial Board for Counseling and Discipline annual reports. Also in the issue: Executive Director Mary Downs will retire in the next few months after serving in that position for more than 12 years; the Academy’s new webpage on diversity, equity & inclusion, and a related health equity discussion brief; registration is open for June’s Virtual PBR Boot Camp; the Academy and its Board of Directors defeated a Conference of Consulting Actuaries lawsuit challenging a 2018 bylaws amendment; a P/C issue brief on auto insurance and COVID-19; an Actuary Voices podcast with Senior Pension Fellow Linda K. Stone highlights women’s retirement issues during Women’s History Month; and the “Member Spotlight” profiles Rhonda Ahrens, a faculty member of both the PBR Boot Camp and the LHQ Seminar. (March 31, 2021)
Professionalism lies at the heart of the Academy’s mission. Accordingly, the Academy maintains a wealth of professionalism resources to help members keep their professionalism knowledge up to date. (March 31, 2021)