Academy Resources
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Issue Brief
Climate Change Joint Committee Releases ESG Issue Brief
The Climate Change Joint Committee released an issue brief, ESG and the Actuary, which is intended to present some of the basics of environmental, social, and governance (ESG) considerations as… DownloadDate Published: 01/24/2024
Issue Brief
Committee Releases Issue Brief on Group Capital Requirements
The Prudential Regulation Committee released an issue brief, Introduction to Insurance Group Capital Requirements, which focuses on U.S. application, including a discussion of the two primary… DownloadDate Published: 01/24/2024
Issue Brief
Pension Committee Publishes Issue Brief on Church-Sponsored Retirement Plans
The Pension Committee released an issue brief, Church-Sponsored Retirement Plans—Overview and Considerations. This issue brief discusses the broad range of church plans and practices. Among other… Download
Topics: Retirement
Date Published: 01/24/2024
Presentation
Academy Presents to AHIP on Health Equity and Benefit Design
Health Equity Committee co-chairpersons Annette James and Rebecca Sheppard, and member Yi-Ling Lin, gave an overview of the committee’s work on equity considerations related to benefit design to… Download
Topics: Health Equity
Date Published: 01/09/2024
Comment / Letter
Committee Comments on 2025 NBPP
The Health Practice Council’s Individual and Small Group Markets Committee submitted comments to the Centers for Medicare & Medicaid Services regarding the proposed rule for the 2025 Notice… Download
Topics: Medicare / Medicaid
Date Published: 01/08/2024
Comment / Letter
Committee Comments on Draft 2025 Actuarial Value (AV) Calculator Methodology
The Individual and Small Group Markets Committee submitted comments to the Centers for Medicare & Medicaid Services’ Center for Consumer Information & Insurance Oversight (CCIIO) on… Download
Topics: Medicare / Medicaid
Date Published: 01/02/2024
Date Published: 01/01/2024
Practice Note
Application of ASU 2018-12 to the Accounting for Long-Duration Contracts under U.S. GAAP
The Long-Duration Contracts Work Group of the Academy’s Risk Management and Financial Reporting Council released the practice note , which covers aspects of the application of Accounting Standards… DownloadDate Published: 12/27/2023
Issue Brief
Committee Releases Issue Paper on Dynamic Lapses
The Life Experience Committee released an issue paper, Considerations Regarding Dynamic Lapses in Actuarial Modeling. The issue paper explores items that impact lapses and discusses the impact of… DownloadDate Published: 12/18/2023
Practice Note
Statements of Actuarial Opinion on P/C Loss Reserves (2023)
The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2023), including discussion regarding changes in the NAIC Annual… DownloadDate Published: 12/14/2023
Presentation
Academy Presents to AHIP on Health Equity for Managing Population Health and Risk Adjustment
Senior Health Fellow Cori Uccello and Health Equity Committee Co-Chairperson Rebecca Sheppard gave an overview of the committee’s work on equity considerations related managing population health… Download
Topics: Health Equity
Date Published: 12/12/2023
Comment / Letter
Subcommittee Comments on ILVA Product Standards
The Life Index-Linked Variable Annuity (ILVA) Subcommittee submitted a comment letter to the ILVA Subgroup of the Product Standard Committee (PSC) Interstate Insurance Product Regulation Commission… DownloadDate Published: 12/08/2023
Presentation
Subcommittee Presents to Risk-Based Capital Investment Risk and Evaluation (E) Working Group
The C1 Subcommittee presented to the NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on Updated Principles for Structured Securities RBC at the NAIC’s Fall National Meeting… DownloadDate Published: 12/02/2023
Comment / Letter
The P&C Committee on Equity and Fairness submitted comments to the Colorado Division of Insurance on its life insurance draft regulation on governance and risk management framework requirements… Download
Committee Comments to Colorado Division of Insurance
Date Published: 12/01/2023
Report
Academy Casualty Policy Analyst Rob Fischer presented to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) on behalf of Casualty Practice Council and Committee on Property and… Download
CPC and COPLFR Report to CASTF
Date Published: 12/01/2023
Presentation
Life Practice Council Presents to LATF
The Life Practice Council (LPC) presented on current and future LPC workstreams to the NAIC’s Life Actuarial (A) Task Force (LATF) meeting as part of the NAIC Fall National Meeting in Orlando,… Download
Topics: NAIC
Date Published: 11/30/2023
Presentation
Academy Updates NAIC on Key Health Initiatives
Academy Senior Health Policy Analyst Matthew Williams provided an update on the Health Practice Council (HPC) activities of interest to the National Association of Insurance Commissioners (NAIC)… DownloadDate Published: 11/30/2023
Comment / Letter
Subcommittee Comments to LATF on Stylized Facts and Acceptance Criteria
The Economic Scenario Generator Subcommittee submitted comments to the Life Actuarial (A) Task Force on the October 5 exposure of the Generator of Economic Scenarios (GOES) stylized facts and… DownloadDate Published: 11/29/2023
Comment / Letter
Subcommittee Comments to LATF on Gross Wealth Factors
The Economic Scenario Generator Subcommittee submitted comments to the Life Actuarial (A) Task Force on Generator of Economic Scenarios (GOES) gross wealth factors. DownloadDate Published: 11/29/2023
Comment / Letter
Subcommittee Comments to LATF on the Corporate Model
The Economic Scenario Generator Subcommittee submitted comments to the Life Actuarial (A) Task Force on the October 18 exposure of the Generator of Economic Scenarios (GOES) corporate model… DownloadDate Published: 11/29/2023
Presentation
Presentation to SEAC on Health Equity and Updates on the Health Equity Symposium/Workshops
On November 16, 2023, Academy Health Equity Committee chairperson Annette James and member Yi-Ling Lin presented to the Southeastern Actuaries Conference (SEAC) on the importance of health equity… Download
Topics: Health Equity
Date Published: 11/16/2023
Intersector Group Releases September Meeting Notes
The collaborative U.S.-based actuarial organizations’ Intersector Group released notes from its September meetings with the Pension Benefit Guaranty Corporation and the IRS and U.S. Department of… Download
Topics: Retirement
Date Published: 11/16/2023
Presentation
P&C RBC Committee Presentation to NAIC
Wilkins, chairperson of the P&C Risk-Based Capital Committee, presented to the NAIC Property and Casualty Risk-Based Capital (E) Working Group and the Catastrophe Risk (E) Subgroup on the Academy’s… DownloadDate Published: 11/16/2023
Presentation
Workers’ Compensation Committee Presentation to NCOIL
Derek Jones, Chairman of the Workers’ Compensation Committee, presented on the committee’s issue brief, Navigating Workers’ Compensation and Medical Marijuana, during the National Council of… DownloadDate Published: 11/16/2023
Issue Brief
Health Equity Issue Brief Summarizes Series on Benefit Design and Removing Barriers to Successful Implementation
The Health Equity Committee released an issue brief summarizing its “Health Benefit Design Innovations for Advancing Health Equity: Removing the Barriers to Successful Implementation” series. Download
Topics: Health Equity
Date Published: 11/14/2023