Academy Resources
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Comment / Letter
Work Group Comments to LATF on APF 2023-06
The Life Reserves Work Group submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on the extended April 20 exposure of APF 2023-06. Download
Topics: NAIC
Date Published: 06/16/2023
Committees Submit Comments on Exposure Draft of ASOP No. 27 and Repeal of ASOP No. 35
The Pension Committee, Multiemployer Plans Committee, and Public Plans Committee submitted comments to the Actuarial Standards Board regarding the exposure draft of the proposed revision of… DownloadDate Published: 06/16/2023
Committee Releases Resource and Discussion Guide on Investments
The Life Experience Committee released a Resource and Discussion Guide on an Actuarial Review of Investments in Actuarial Modeling. DownloadDate Published: 06/12/2023
Comment / Letter
COPLFR Comments to IRS on Micro-Captives
The Committee on Property Liability and Financial Reporting (COPLFR) submitted a comment letter to the Internal Revenue Service (IRS) on an exposure on Micro-Captive Listed Transactions and… DownloadDate Published: 06/12/2023
Comment / Letter
Committee Comments on Net Negative IMR
The Life Valuation Committee submitted a comment letter to the NAIC’s Statutory Accounting Principles Working Group on 2023 Net Negative (Disallowed) Interest Maintenance Reserve (INT 23-01T). Download
Topics: NAIC
Date Published: 06/09/2023
Comment / Letter
Committee Comments to LATF on Actuarial Reporting Template for IMR
The Life Valuation Committee submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force on the Optional AOM and PBR Actuarial Reporting Template for Interest Maintenance Reserve. Download
Topics: NAIC
Date Published: 06/09/2023
Policy Paper
Climate Risks Pose Broad Impacts on Financial Security Systems
A public policy paper released by the Academy’s Climate Change Joint Committee, Climate Risks Pose Broad Impacts on Financial Security Systems, looks at the effects of a changing climate across… DownloadDate Published: 06/07/2023
Resource
Glossary Covers Climate-Related Terms
This glossary provides an explanation of various terms relating to climate change appearing in publications and presentations published by American Academy of Actuaries committees, subcommittees and… DownloadDate Published: 05/25/2023
Work Group Releases White Paper on Changes to Definitions of Life Insurance
The Tax Work Group released a white paper, 2017 and 2021 Legislative Changes to the Definition of Life Insurance, that focuses on summarizing changes to the relevant sections of sections 7702 and… Download
Topics: Life Insurance
Date Published: 05/18/2023
Comment / Letter
Work Group Comments to LATF on APF 2023-06
The Life Reserves Work Group submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on the April 20 exposure of APF 2023-06. Download
Topics: NAIC
Date Published: 05/12/2023
Comment / Letter
Work Group Comments to RBCIREWG on Exposure 2023-09-IRE
The C1 Work Group submitted a comment letter to the NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on Exposure 2023-09-IRE – Interim Residual Tranche C1 Factor. DownloadDate Published: 05/12/2023
Comment / Letter
Work Group Comments to Product Standard Committee on ILVA Product Standards
The Index-Linked Variable Annuity Work Group submitted a comment letter to the ILVA Subgroup of the Product Standard Committee Interstate Insurance Product Regulation Commission on 2023 Compact… DownloadDate Published: 05/05/2023
Comment / Letter
CPC Comments to ASB on ASOP No. 29
The Casualty Practice Council submitted a comment letter to the Actuarial Standards Board (ASB) on the second exposure draft of ASOP No. 29, Expense Provisions in Property/Casualty Insurance… DownloadDate Published: 05/01/2023
Committee Releases One-pager on 2023 Social Security Trustees Report
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… DownloadDate Published: 04/27/2023
Comment / Letter
Letter to NAIC Casualty Actuarial and Statistical (C) Task Force
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)… DownloadDate Published: 04/26/2023
Comment / Letter
Comment Letter to NAIC Blanks (E) Working Group
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… DownloadDate Published: 04/26/2023
Social Security Committee One-pager: Highlights from the 2023 Social Security Trustees Report
Social Security Committee one-pager on the 2023 Annual Report Of The Board Of Trustees Of The Federal Old-Age And Survivors Insurance And Federal Disability Insurance Trust Funds. DownloadDate Published: 04/25/2023
Comment / Letter
Work Group Comments to LATF on APF 2023-05
The Variable Annuity Reserve and Capital Work Group (VARCWG) submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on APF 2023-05; specifically, hedging language to address… Download
Topics: NAIC
Date Published: 04/19/2023
Comment / Letter
Work Group Comments to LATF on APF 2023-03
The Life Reserves Work Group (LRWG) submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on proposed changes to VM-20 outlined in APF 2023-03 (Part 1). Download
Topics: NAIC
Date Published: 04/19/2023
Issue Brief
Issue Brief Examines Medical Marijuana in Workers’ Compensation
The Workers’ Compensation Committee released an issue brief providing an overview of medical marijuana laws and court cases—and the impact they have on the workers’ compensation system—to help… DownloadDate Published: 04/17/2023
Issue Brief
Considering Employee Benefits for Health Policy Development
The Active Benefits Committee released an issue brief focusing on the role of actuaries in employee benefits for health policy development. Download
Topics: Benefits
Date Published: 04/17/2023
Issue Brief
Issue Brief on Medical Marijuana in Workers’ Compensation
The Workers’ Compensation Committee released an issue brief providing an overview of medical marijuana laws and court cases—and the impact they have on the workers’ compensation system—to help… DownloadDate Published: 04/17/2023
Issue Brief
Medicare’s Financial Condition: Beyond Actuarial Balance
The Medicare Committee released an issue brief focusing on the near and long-term financing challenges facing the Medicare program based on the 2023 Medicare Trustees Report. Download
Topics: Medicare / Medicaid
Date Published: 04/13/2023
Comment / Letter
Committee Comments to LATF on Bond Risk Measures
The Life Valuation Committee submitted a comment letter to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force (LATF) on the Valuation of Securities (VOSTF) Task… DownloadDate Published: 04/13/2023
Comment / Letter
Comment Letter to the NAIC LTC Actuarial (B) Working Group on Long-Term Care (LTC) Past Losses
The Long-term Care Reform Subcommittee sent a comment letter to the National Association of Insurance Commissioners (NAIC) Long-Term Care Actuarial (B) Working Group featuring an Academy issue… DownloadDate Published: 04/11/2023