Academy Resources
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Presentation
CPC Presentation at CAS Spring Meeting
Academy Casualty Policy Analyst Rob Fischer, Senior Fellow Rich Gibson, and Will Davis of the South Carolina Department of Insurance presented at the Casualty Actuarial Society’s Spring Meeting on… DownloadDate Published: 05/08/2024
Comment / Letter
Casualty Practice Council Comments on ASOP No. 12 Exposure Draft
The Casualty Practice Council submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice Areas). Download
Topics: Casualty
Date Published: 05/01/2024
Comment / Letter
Health Practice Council Comments on ASOP No. 12 Exposure Draft
The Health Practice Council submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice Areas). DownloadDate Published: 05/01/2024
Comment / Letter
Subcommittee Comments to Variable Annuities Capital and Reserve Subgroup
The Variable Annuity Reserves and Capital Subcommittee sent comments to the NAIC’s Variable Annuities Capital and Reserve (E/A) Subgroup on the exposure draft of APF 2024-07 that proposes updates… Download
Comment / Letter
Pension Committee Comments on ASOP No. 12 Exposure Draft
The Pension Committee submitted comments to the Actuarial Standards Board regarding the proposed revision of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice… DownloadDate Published: 05/01/2024
Comment / Letter
ERM/ORSA Committee Comments on ASOP No. 12 Exposure Draft
The ERM/ORSA Committee submitted comments to the Actuarial Standards Board regarding the proposed revision of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice… DownloadDate Published: 05/01/2024
Comment / Letter
Committee Comments to California on Catastrophe Modeling
The P/C Extreme Events and Property Lines Committee submitted a comment letter to the California Department of Insurance in advance of the department’s public workshop on its draft regulation that… DownloadDate Published: 04/23/2024
Updated Monograph and Issue Brief Examine Individual Equity and Social Adequacy in Social Security Reforms
The Social Security Committee released an updated monograph and issue brief on individual equity and social adequacy as those principles apply to Social Security reform options. The monograph and… DownloadDate Published: 04/18/2024
Issue Brief
Updated Monograph Examines Individual Equity and Social Adequacy in Social Security Reforms
The Social Security Committee released an updated monograph and issue brief on individual equity and social adequacy as those principles apply to Social Security reform options. The monograph and… DownloadDate Published: 04/18/2024
Issue Brief
Issue Brief Examines ‘Surplus’ in Public Pension Plans
The Public Plans Committee released ‘Surplus’ Considerations for Public Pension Plans, an issue brief that examines plan “surplus,” what it means and does not mean, historical lessons for… DownloadDate Published: 04/11/2024
Comment / Letter
Subcommittee Comments on Oliver Wyman Report
The C1 Subcommittee commented on the Oliver Wyman report on Asset-Backed Securities Residual Tranches that was exposed at the NAIC Spring National Meeting to the NAIC’s Risk Based Capital Investment… Download
Topics: NAIC
Date Published: 04/09/2024
Issue Brief
Updated Issue Brief Examines Individual Equity and Social Adequacy in Social Security Reforms
The Social Security Committee released an updated monograph and issue brief on individual equity and social adequacy as those principles apply to Social Security reform options. The monograph and… Download
Topics: Social Security
Date Published: 04/01/2024
Comment / Letter
Committees Comment to FASB on Financial Reporting Draft
The Financial Reporting Committee and the Life GAAP Reporting Committee sent a comment letter to the Financial Accounting Standards Board (FASB) on the exposure draft of Chapter 6: Measurement, of… DownloadDate Published: 03/21/2024
LPC Presents to LATF at NAIC Spring Meeting
Life Policy Analyst Amanda Barry-Moilanen presented on behalf of the Life Practice Council (LPC) on current and future LPC workstreams to the National Association of Insurance Commissioners’ (NAIC)… Download
Topics: NAIC
Date Published: 03/15/2024
Comment / Letter
Cross-Practice Letter on NY Proposed Circular on AIS and ECDIS in Insurance Underwriting and Pricing
The Academy’s Health, Life, and Casualty practice councils submitted comments on New York State Department of Financial Services’ proposed insurance circular letter on the use of Artificial… DownloadDate Published: 03/14/2024
Presentation
Academy Gives Overview of Climate Work to German Actuarial Association
Director of Research (Public Policy) Steve Jackson and Peter Ott, chairperson of the ACI/ACRI (Actuaries Climate Index / Actuaries Climate Research Index) Working Group and a vice chairperson of the… DownloadDate Published: 03/14/2024
Presentation
Asset Adequacy Task Force Presents to LATF on Reinsurance Issues
The Asset Adequacy and Reinsurance Issues Task Force presented to LATF on its recent issue brief, Asset-Intensive Reinsurance Ceded Offshore From U.S. Life Insurers (With Focus on Bermuda), at the… DownloadDate Published: 03/14/2024
Presentation
Task Force Presents to LATF
The Asset Adequacy and Reinsurance Issues Task Force presented to the NAIC’s Life Actuarial (A) Task Force (LATF) on their recently published issue brief, Asset-Intensive Reinsurance Ceded Offshore… DownloadDate Published: 03/14/2024
Presentation
Subcommittee presents to RBCIRE
The C1 Subcommittee presented to the NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group (RBCIRE) to provide an update on their work on asset-backed securities (ABS) for… DownloadDate Published: 03/14/2024
Presentation
Subcommittee Presents to LATF
The Variable Annuity and Capital Subcommittee and the SOA Individual Annuity Experience Committee presented to the NAIC’s Life Actuarial (A) Task Force (LATF) on proposed mortality adjustment… Download
Topics: NAIC
Date Published: 03/14/2024
Committees Present to LATF on Mortality Adjustment Factors
The Variable Annuity and Capital Subcommittee and the Society of Actuaries Individual Annuity Experience Committee presented to LATF on proposed mortality adjustment factor updates for Valuation… Download
Topics: NAIC
Date Published: 03/13/2024
Annuity Reserve and Capital Subcommittee Presents to LATF
The Annuity Reserve and Capital Subcommittee, along with representatives from EY, presented updates on the upcoming VM-22 Field Test to LATF at the NAIC’s Spring National Meeting in Phoenix. Download
Topics: NAIC
Date Published: 03/13/2024
Presentation
Life Practice Council Presents to LATF
The Life Policy Analyst, Amanda Barry-Moilanen, presented on current and future LPC workstreams to the NAIC’s Life Actuarial (A) Task Force (LATF) as part of the NAIC Spring National Meeting in… Download
Topics: NAIC
Date Published: 03/13/2024
Issue Brief
Issue Brief Considers PBGC Single-Employer Premium Structure
The Pension Committee released an issue brief, Aligning the PBGC’s Single-Employer Premium Structure With Its Objectives, which discusses options for modifying the Pension Benefit Guaranty… DownloadDate Published: 03/05/2024
Comment / Letter
Subcommittee Comments on Interest Maintenance Reserve and Cash Surrender Value
The Variable Annuity Reserve and Capital Subcommittee commented to the NAIC’s Life Actuarial (A) Task Force on the order of operations between the interest maintenance reserve (IMR) and cash… Download
Topics: NAIC
Date Published: 03/05/2024