Attendees gained insights into the recently released annual Social Security Trustees Report during this Capitol Forum webinar, which featured prominent actuaries who oversee the program.
The actuarial profession is rare in that it has, for the most part, successfully remained self-regulated. Decades ago, actuaries established standards for conduct, qualifications, and practice, as well as a means for enforcing them. Professional judgment must be exercised with skill and care to maintain the trust of the public, of principals, and of government entities.
The Social Security Committee released Highlights from the 2023 Social Security Trustees Report, a one-pager detailing the latest annual report on the current and projected financial status of the trust funds.
Envision Tomorrow
Digital Pass Registration Form for New Academy Members
As a new Academy member, you are eligible to receive a free digital pass to virtually attend Envision Tomorrow, the Academy’s 2023 Annual Meeting. This pass will give you virtual access to a selection of sessions, providing you with strategic insights that you can share with your colleagues.
The Committee on Property Liability and Financial Reporting (COPLFR) submitted a comment letter to the National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical (C) Task Force proposing a modification to the Annual Statement blank that would eliminate the distinction between “short-tailed” and “long-tailed” lines of business in Schedule P.
The Committee on Property Liability and Financial Reporting (COPLFR) and the Health Practice Council’s Committee on Financial Reporting and Solvency submitted a comment letter to the National Association of Insurance Commissioners (NAIC) Blanks Working Group on proposed exposure to add instructions for the appointed actuary and qualified actuary contacts to the Jurat electronic only section in order to address any actuarial questions.
The American Academy of Actuaries, in partnership with the National Oceanic and Atmospheric Administration (NOAA) and the National Science Foundation (NSF), is hosting a series of webinars with members of the insurance and reinsurance industries, and with members of the catastrophe modeling and climate modeling communities.
The American Academy of Actuaries, in partnership with the National Oceanic and Atmospheric Administration (NOAA) and the National Science Foundation (NSF), is hosting a series of webinars with members of the insurance and reinsurance industries, and with members of the catastrophe modeling and climate modeling communities.
Attendees received an overview of asset modeling, starting with the basics in this webinar.
This webinar focused on assets—both their risks and how regulators are responding to those risks in new regulations, including statutory accounting, reporting, designations, and capital requirements.
