The C1 Work Group submitted a letter to the NAIC's Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment formula to reflect corporate tax rates enacted by the Tax Cuts and Jobs Act of 2017 for the LRBC formula.
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This webinar will feature a discussion of new plan designs that minimize cost volatility and/or provide gain sharing. The second part of this two-part webinar series will present a just-released Academy practice note on the details of how to value these types of plan designs for funding and accounting purposes.
The C1 Work Group submitted comments to the NAIC's Life Risk-Based Capital (LRBC) Working Group on the exposed January 21, 2021 proposal to restate the capital requirements for real estate in the LRBC formula.
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ASB Chairperson Darrell Knapp, along with ASB members Kevin Dyke and Cande Olsen, discuss aspects of this often-overlooked ASOP that every practicing actuary should know.
The Long-Term Care (LTC) Reform Subcommittee released their issue brief on regulatory options for LTC insurance innovation. This issue brief examines some National Association of Insurance Commissioners (NAIC) proposed options specific to regulatory changes, and discusses recommended changes with actuarial implications.
Professionalism Webinar
U.S. Qualification Standards: Second Exposure Draft and More
Aug. 12, 2021 | Noon to 1:30 p.m. EDT | USQS CE and JBEA CPE Eligible
Available to undergraduate or graduate students who are not credentialed actuaries. You will need to register with your .edu email address. An Academy staff member will follow up with you to complete your registration and process your payment.
The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E) Working Group in which it presents indicated Line of Business Underwriting Risk Factors for the P&C RBC Formula.
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