Cross-Practice

Comment / Letter

Letter to the NAIC Risk-Based Capital (RBC) Model Governance (EX) Task Force on a New Cross-practice Research Project

The Academy sent a letter to the NAIC Risk-Based Capital (RBC) Model Governance (EX) Task Force requesting input from Task Force members, interested regulators, and other interested parties on a new…

Comment / Letter

Comment Letter to NAIC on AI Systems Evaluation Tool

Providing an actuarial perspective on responsible use of AI in insurance, vice presidents from the Academy’s casualty, health, life, and risk management and financial reporting councils sent a…

Policy Paper

Climate Data: Actuarial Perspectives on Quality, Challenges, and Effective Risk Quantification

The Climate Change Joint Committee released a policy paper examining the wide variety of actuarial data challenges in climate-related risk quantification. While reflecting the current emphasis on…

Comment / Letter

Practice Councils Comment to NAIC on RBC Principles

The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to NAIC’s Risk-Based…

Comment / Letter

Academy Comments to NAIC on Proposed AI in Insurance Model Law

Academy casualty, health, life, and risk management and financial reporting vice presidents sent a comment letter to the NAIC in response a request for information by NAIC’s Big Data and Artificial…

Comment / Letter

P/C Equity & Fairness Committee Comments to Colorado DOI

The P&C Committee on Equity and Fairness submitted comments to the Colorado Division of Insurance (DOI) on the exposed template of the DOI’s upcoming data call on private passenger auto…

Resource

Applicability Guidelines for Actuarial Standards of Practice

Introduction to the Applicability Guidelines Actuarial Standards of Practice.  The Actuarial Standards Board (ASB) sets standards for appropriate actuarial practice in the United States…