The ERM/ORSA Committee submitted a comment letter to the Actuarial Standards Board on December 2018 exposure draft of ASOP No. 22, Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life or Health Liabilities. (May 29, 2019)
The Life Practice Council submitted a comment letter to the Actuarial Standards Board on the December 2018 exposure draft of ASOP No. 22, Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life or Health Liabilities. (May 29, 2019)
The Health Practice Council submitted comments to the Actuarial Standards Board on the fourth exposure draft of a proposed new actuarial standard of practice for modeling. ()
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. (May 24, 2019)
The Academy’s Senior Property/Casualty Fellow Rich Gibson and Assistant Director for Research (Public Policy) Steve Jackson outlined the Actuaries Climate Index and described the proposed Actuaries Climate Risk Index at a meeting of the Casualty Actuaries of Greater New York. (May 23, 2019)
The spring issue of The Retirement Report includes coverage of April’s Enrolled Actuaries Meeting, Pension Vice President Josh Shapiro testifying before a House subcommittee on multiemployer plans, Pension Committee comments on a proposed modeling actuarial standard of practice, and legislative and regulatory activity. (May 23, 2019)
The Cyber Risk Task Force has published a new document, Cyber Risk Insurance: A Resource Guide for Actuaries. (May 22, 2019)
The Longevity Risk Task Force submitted a comment letter to the NAIC Longevity Risk (A/E) Subgroup on its exposure of a proposed approach to incorporating an RBC charge for longevity risk. (May 22, 2019)
The Social Security Committee released an issue brief on the 2019 Social Security Trustees Report that examines the social insurance program’s long-term solvency issues and recommends that Congress should act soon to improve the long-term financial outlook of the program (May 22, 2019)
The Committee on Property and Liability Financial Reporting sent a comment letter to the NAIC regarding ambiguity in instructions for reporting retroactive reinsurance. (May 22, 2019)
The Health Practice Council submitted a letter to the U.S. House Committee on the Budget regarding its May 22 hearing, "Key Design Components and Considerations for Establishing a Single-Payer Health Care System." (May 21, 2019)
The Model Risk Management Work Group released a practice note on model risk management. (May 17, 2019)
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. (May 17, 2019)
The Health Practice Council submitted a comment letter to the Actuarial Standards Board on the fourth exposure draft of a proposed new actuarial standard of practice for modeling. (May 15, 2019)
The ERM/ORSA Committee submitted a comment letter to the Actuarial Standards Board on the fourth exposure draft of a proposed new actuarial standard of practice for modeling. (May 10, 2019)