Keeping you in the know—the latest news from the Academy
Committee Releases White Paper on Considerations in Market Risk Benefits
The Life Financial Reporting Committee released a white paper, Considerations in Market Risk Benefits, that focuses on identification, valuation, and financial reporting of market risk benefits; a new concept introduced by Accounting Standards Update (ASU) 2018-12.
The Roles of the Actuary in the Selection & Application of Actuarial Models
The Committee on Professional Responsibility (COPR) has released an updated discussion paper, The Roles of the Actuary in the Selection & Application of Actuarial Models. In preparing this discussion paper, the COPR recognized that there is likely a wide range of experience and opinion within the profession concerning the nature of actuarial models and the various roles actuaries play in selecting and applying them.
Hear updates on the latest property/casualty (P/C) public policy developments and emerging issues for 2023 at the state and federal levels, plus the latest on the Academy’s Casualty Practice Council work in these areas.
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).
Keeping you in the know—the latest news from the Academy
Work Group Submits Presentation to Risk-Based Capital Investment Risk and Evaluation (E) Working Group
The C1 Work Group submitted a presentation to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on collateralized loan obligations.
Committees Submit Presentation to Life Actuarial Task Force
The Life Practice Council (LPC) and Life Experience Committee (LEC) submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on current LPC workstreams as well as two issue briefs recently published by the LEC.
Academy Update to the NAIC HRBC (E) Working Group during the Fall 2022 NAIC National Meeting
Health Solvency Subcommittee Chairperson Derek Skoog provided an update to the NAIC’s Health Risk-Based Capital (E) Working Group at the NAIC’s Fall 2022 National Meeting in Tampa, FL, on the H2—underwriting risk component and the managed care credit calculation in the health risk-based capital formula.
Work Group Submits ESG Presentation to Life Actuarial Task Force
The Economic Scenario Generator Work Group submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on Economic Scenario Generator Stylized Facts and Acceptance Criteria