A new issue brief released by the Pension Committee, Valuing Gender Expansive Data, examines issues pension actuaries might consider when performing an actuarial valuation using sex/gender expansive data—data on sex/gender that is either missing or nonbinary. This webinar will present topics from the issue brief, which also discusses several possible approaches to handling such data and setting reasonable actuarial assumptions.
A new issue brief, Buy-Out Group Annuity Purchase Primer: Pension Plan Sponsor’s Role and Considerations, from the Pension Committee focuses on “buy-out” annuity contract transactions, one of the ways pension plan sponsors transfer pension payment responsibilities and associated risks to other parties. During this webinar, our speakers will dive into the brief and its key points, and discuss considerations to keep in mind.
Navigating the Cyber Risk Landscape: New and Emerging Work
The cyber risk landscape continues to evolve. The Academy’s Committee on Cyber Risk spoke on new and upcoming resources that provide valuable insights into the world of cyber risk.
Reinsurance considerations are complicated enough that VM-20 has a whole section dedicated to reinsurance. Direct writers and assuming companies have both similar and opposite considerations. This webinar covered topics such as:
Risk Transfer
Guaranteed vs. non-guaranteed YRT
Coinsurance and mod-co
Assumption Development for affiliated and 3rd party transactions
This latest iteration of our popular “Tales from the Dark Side” webinar explores examples of ethical problems based on cases and requests for guidance that have been brought before the Actuarial Board for Counseling and Discipline (ABCD).
Actuarial Standard of Practice (ASOP) No. 20, Discounting of Property/Casualty Claim Estimates, has been the subject of revisions with the Actuarial Standards Board for several years. On December 1, the final updates to ASOP No. 20 went into effect. We discussed what has changed, and what might require some additional insight from the drafters.
First, COVID hit and the economy virtually shut down. The government responded with highly expansionary fiscal and monetary policy to reduce the impact of the resulting economic contraction. But the policy response caused inflation to jump as the economy recovered.
Have you wondered what your regulator thinks about your PBR report or how you stack up compared to other companies? In this webinar, attendees heard from regulators: