Academy Resources
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Comment / Letter
P/C Equity & Fairness Committee Comments to DISB
P/C Committee on Equity and Fairness sent a comment letter to the District of Columbia Department of Insurance, Securities and Banking (DISB) on the DISB’s request for comment on its draft data… Download
Topics: Casualty
Date Published: 01/20/2023
Practice Note
Selecting and Documenting Mortality Assumptions for Pensions
Pension Committee public policy practice note, Selecting and Documenting Mortality Assumptions for Measuring Pension Obligations, updating a 2015 practice note, revised to reflect updated Actuarial… DownloadDate Published: 01/19/2023
Practice Note
Practice Note on Modeling for Pension Actuaries
Pension Committee public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No. 56, Modeling. DownloadDate Published: 01/19/2023
Annuity Reserves and Capital Work Group (ARCWG) Submits Comment Letter to NAIC Valuation Manual (VM)-22 (A) Subgroup
The Academy’s ARCWG submitted a comment letter to the National Association of Insurance Commissioners’ (VM)-22 (A) Subgroup on their Oct 2022 exposure, Requirements for Principle-Based Reserves… Download
Practice Note
Committee Finalizes Practice Note on Modeling for Pension Actuaries
The Pension Committee updated and finalized a previously exposed draft public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No. DownloadDate Published: 01/19/2023
Comment / Letter
Annuity Reserves Work Group (ARCWG) Submits Comment Letter to NAIC Valuation Manual (VM)-22 (A) Subgroup
Annuity Reserves Work Group (ARCWG) Submits Comment Letter to NAIC Valuation Manual (VM)-22 (A) Subgroup Download
Topics: NAIC
Date Published: 01/17/2023
Comment / Letter
Committee Comments on Draft 2024 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: 01/12/2023
Comment / Letter
Letter to PBGC on Special Financial Assistance Application Process for Non-Priority Plans
Multiemployer Plans Committee letter to Pension Benefit Guaranty Corporation (PBGC) advancing ideas regarding the Special Financial Assistance (SFA) application process for non-priority plans. Download
Topics: Retirement
Date Published: 01/12/2023
Committee Extends Ideas to PBGC regarding Special Financial Assistance Application Process for Non-Priority Plans
The Multiemployer Plans Committee sent a letter to the Pension Benefit Guaranty Corporation (PBGC) advancing ideas about the Special Financial Assistance (SFA) application process, in regard to the… Download
Topics: Retirement
Date Published: 01/12/2023
Toolkit
The latest update to the Committee on Cyber Risk’s Cyber Risk Toolkit includes a revised section on ransomware. The toolkit, released originally in 2021, is updated regularly with the latest… Download
Cyber Risk Toolkit Updated With Revised Ransomware Section
Topics: Cyber Risk
Date Published: 01/10/2023
Date Published: 01/01/2023
Date Published: 01/01/2023
Topics: Professionalism
Date Published: 12/21/2022
Topics: Benefits
Date Published: 12/21/2022
Policy Paper
Committee Releases White Paper on Considerations in Market Risk Benefits
The Life Financial Reporting Committee released a white paper, Considerations in Market Risk Benefits, that focuses on identification, valuation, and financial reporting of market risk benefits; a… DownloadDate Published: 12/21/2022
Practice Note
The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2022), including discussion regarding changes in the NAIC Annual… Download
Statements of Actuarial Opinion on P/C Loss Reserves (2022)
Date Published: 12/20/2022
Presentation
The Economic Scenario Generator Work Group submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on Economic Scenario Generator Stylized Facts and Acceptance Criteria
The Economic Scenario Generator Work Group submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on Economic Scenario Generator Stylized Facts and Acceptance Criteria Download
Topics: NAIC
Date Published: 12/16/2022
Issue Brief
LPC Update Presentation
The Life Practice Council (LPC) and Life Experience Committee (LEC) submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on current LPC workstreams as well as two issue… Download
Topics: NAIC
Date Published: 12/16/2022
Presentation
C1WG Slide Deck CLOs
The C1 Work Group submitted a presentation to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on collateralized loan obligations. DownloadDate Published: 12/16/2022
Committees Submit Presentation to Life Actuarial Task Force
The Life Practice Council (LPC) and Life Experience Committee (LEC) submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on current LPC workstreams as well as two issue… Download
Topics: NAIC
Date Published: 12/16/2022
Work Group Submits Presentation to Risk-Based Capital Investment Risk and Evaluation (E) Working Group
The C1 Work Group submitted a presentation to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on collateralized loan obligations. DownloadDate Published: 12/16/2022
Comment / Letter
Committee on Cyber Risk comments to the U.S. Department of the Treasury and Federal Insurance Office (FIO) request for comment (RFC) on cyber insurance and catastrophic cyber incidents in order to… Download
Comment Letter to the Treasury Department and FIO on Potential Federal Insurance Response to Catastrophic Cyber Incidents
Topics: Cyber Risk
Date Published: 12/14/2022
Committee Comments on Proposed Rule Regarding Multiemployer Plan Withdrawal Liability
The Multiemployer Plans Committee submitted comments to the Pension Benefit Guaranty Corporation (PBGC) on its proposed rule about interest rate assumptions regarding a withdrawing employer’s… Download
Topics: Retirement
Date Published: 12/13/2022
Comment / Letter
Multiemployer Plans Committee Comment Letter to PBGC on Proposed Rule Regarding Actuarial Assumptions for Determining an Employer’s Withdrawal Liability
Multiemployer Plans Committee comment letter to Pension Benefit Guaranty Corporation (PBGC) submitted in response to PBGC’s request for information on its proposed rule regarding a withdrawing… Download
Topics: Retirement
Date Published: 12/13/2022
NAIC Report
Academy Update to the NAIC HRBC (E) Working Group during the Fall 2022 NAIC National Meeting
Health Solvency Subcommittee Chairperson Derek Skoog provided an update to the NAIC’s Health Risk-Based Capital (E) Working Group at the NAIC’s Fall 2022 National Meeting in Tampa, FL, on the… DownloadDate Published: 12/12/2022