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No Issue Next Week Due to Actuarial Update
This Week will not be published next Friday, March 31, the last business day of the month. Look for the latest Academy news in the March Actuarial Update, which will be published that day.
Academy Presents at NAIC Spring Meeting
Academy Life VP Ben Slutsker (left) and Life Policy Analyst
Amanda Barry-Moilanen (center) present to LATF
Academy volunteers and representatives gave presentations, engaging with stakeholders and regulators at the National Association of Insurance Commissioners’ (NAIC) Spring National Meeting in Louisville, Ky.
Professionalism presentations included virtual updates to NAIC’s Life Actuarial (A) Task Force (LATF) and Health Actuarial (B) Task Force (HATF) by representatives of the Actuarial Standards Board (ASB) and Actuarial Board for Counseling and Discipline (ABCD). Academy Past President and ABCD member Shawna Ackerman focused on the recently released ABCD 2022 Annual Report. ASB Chairperson Rob Damler focused on Actuarial Standard of Practice (ASOP) Nos. 12 and 41, and offered information on life- and health-specific ASOP Nos. 10, 28, and 57.
Academy casualty, health, and life volunteers—and Senior Life Fellow Nancy Bennett—presented to NAIC working groups on a number of issues, discussing matters of importance to the public and to the U.S. actuarial profession.
See more details and presentations on the Public Policy page, and in the forthcoming March Actuarial Update.
ASB Releases 2022 Annual Report
The ASB released its 2022 Annual Report, which highlights the board’s accomplishments throughout the year. In 2022, the ASB adopted two revised ASOPs, approved seven exposure drafts for comment, and approved proposals to revise three existing ASOPs.
Academy Kicks Off Climate Webinar Series
Slotznick opens the webinar
The Academy on Monday held the first climate-related webinar in a series being hosted in cooperation with the National Oceanic and Atmospheric Administration (NOAA) and the National Science Foundation (NSF). The webinar, “Connecting the Insurance Industry and Academia on Catastrophe and Climate Modeling: Webinar Series—Introduction,” focused on the modeling needs of the insurance industry. The webinar was moderated by Academy President-Elect Lisa Slotznick and included presenters from NAIC, Allstate Insurance, Swiss Re, and the Academy’s Climate Change Joint Task Force.
In the News
Save the Date—2023 LHQ Seminar Set for Nov. 6–9
Save the date for the Academy’s 2023 Life and Health Qualifications Seminar, which will be held Nov. 6–9 at the Hyatt Regency Crystal City in Arlington, Va. The annual LHQ Seminar delivers three days of training and instruction—plus an optional exam on the fourth day—to gain necessary qualifications to issue actuarial opinions for either the NAIC Life and Accident & Health (A&H) Annual Statement or the NAIC Health Annual Statement. Registration will open soon.
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