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.

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.

The Cyber Risk Task Force has published a new document, Cyber Risk Insurance: A Resource Guide for Actuaries.

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. 

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

The Committee on Property and Liability Financial Reporting sent a comment letter to the NAIC regarding ambiguity in instructions for reporting retroactive reinsurance.