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. (August 28, 2020)
The Committee on Property and Liability Financial Reporting has submitted comments to the NAIC's Actuarial Opinion Working Group, suggesting changes to the wording in the Financial Examiners Handbook. (August 27, 2020)
The Long-Term Care (LTC) Valuation Work Group gave a presentation to the National Association of Insurance Commissioners’ (NAIC’s) LTC Actuarial (B) Working Group on the work group’s progress on the NAIC’s requests that the work group develop a replacement mortality table for LTC active life reserves, develop a replacement lapse table, and consider developing tables for valuation on total lives basis as well as active lives basis. (August 25, 2020)
The Actuaries Climate Index 5-year moving average reached a new high in winter 2019–20, driven by trends of heavy rainfall, sea level, and extreme high and low temperatures. Read the news release. (August 26, 2020)
The Multiemployer Plans Committee submitted comments to the Internal Revenue Service about a proposed form for reporting the annual actuarial certification for multiemployer defined benefit plans. (August 24, 2020)
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. (August 21, 2020)
The Academy C-3 Life and Annuities Work Group (C-3 WG) has a request from the NAIC Life Risk-Based Capital (E) Working Group (LRBC) to “Update the current C-3 Phase I or C-3 Phase II methodology to include Indexed Annuities.” (August 21, 2020)
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. (August 14, 2020)
The Summer Life Perspectives showcases the Academy’s Virtual PBR Boot Camp, set for Sept. 14–17; highlights the life practice-area sessions that have been announced for the Academy’s Annual Meeting and Public Policy Forum in November; gives details on Academy life presentations at the NAIC Summer Virtual National Meeting; and reports recent life-related legislative and regulatory activity. (August 10, 2020)
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. (August 07, 2020)
The Long-Term Care (LTC) Valuation Work Group gave a presentation to NAIC’s LTC Actuarial (B) Working Group as part of the NAIC Summer 2020 Virtual National Meeting. (August 07, 2020)
The PBR Governance Work Group provided an update on Academy PBR Resources to the Life Actuarial (A) Task Force at the NAIC 2020 Summer National Meeting. (August 04, 2020)
The Life Experience Committee Mortality Improvement Subgroup presented an update on the 2020 Life MI Scale Recommendation to the Life Actuarial (A) Task Force during the NAIC 2020 Summer National Meeting. (August 04, 2020)
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. (July 31, 2020)
The first precept of our Code of Professional Conduct requires us to act with integrity, honesty, and competence. The remaining precepts elaborate on this basic requirement in other areas, including standards of practice and communication. (July 31, 2020)