The C1 Work Group submitted comments to the NAIC with revised recommendations on corporate bond risk-based capital (RBC) factors based on changes to the representative portfolio.
The PBR Governance Work Group submitted comments to the Actuarial Standards Board (ASB) on the exposure draft for a new ASOP, Principle-Based Reserves for Life Products.
The Medicare Subcommittee sent comments to the House Ways and Means Health Subcommittee on preserving and strengthening the Medicare program.
What do the varied stages of life, and one’s professional career, mean for the practical application of professionalism principles to issues actuaries deal with in their everyday work? Joeff Williams, vice president, professionalism, and Committee on Qualifications Chairperson Keith Passwater look at these issues in the context of the Code of Professional Conduct and more.
