Academy Resources

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Work Group Submits ESG Presentation to Life Actuarial Task Force

The Academy’s Economic Scenario Generator Work Group submitted a presentation to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force Subgroup on Economic Scenario… Download
Date Published: 12/11/2022
Practice Note

Practice Note on Difficult-to-Value Provisions of Defined Benefit Plans

Pension Committee Practice Note on Measuring Pension Obligations for Difficult-to-Value Plan Provisions.   Download
Topics: Retirement
Date Published: 12/09/2022

Committee Releases Practice Note on Difficult-to-Value Plan Provisions

The Pension Committee published a practice note, Measuring Pension Obligations for Difficult-to-Value Plan Provisions, providing information to actuaries on current or emerging practices regarding… Download
Topics: Retirement
Date Published: 12/09/2022
Comment / Letter

Committee Comments to U.S. House and Senate Leaders on Bipartisan Retirement Legislative Proposals

Comment letter from the Pension Committee and Retirement Policy and Design Evaluation Committee on provisions included in the Securing a Strong Retirement Act of 2022 (SECURE 2.0), the EARN Act, and… Download
Topics: Retirement
Date Published: 12/07/2022
NAIC Report

Academy HPC Fall 2022 NAIC National Meeting Update to Health Actuarial (B) Task Force

Academy Health Practice Council (HPC) Vice President, Barb Klever, provided an update on HPC activities to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B) Task Force… Download
Topics: NAIC
Date Published: 12/05/2022
Discussion Paper

Committee Releases Discussion Brief on Margins

The Academy’s Life Experience Committee released a discussion brief on the use of margins in life insurance modeling.   Download
Topics: Life Insurance
Date Published: 12/02/2022
Discussion Paper

Committee Releases Discussion Brief on Credibility

The Academy’s Life Experience Committee released a discussion brief on credibility in life insurance modeling.   Download
Topics: Life Insurance
Date Published: 12/02/2022
Research Paper

The Probability of Default Model for Insurance Companies in the United States of America, Canada, and France.

In the fall of 2022, the Academy commissioned Prof. Jin-Chuan Duan and his team at the National University of Singapore’s Credit Research Initiative (NUS-CRI) to produce estimates of the… Download
Topics: Scalars
Date Published: 11/24/2022
Presentation

Academy Presentation to NAIC on Considerations for Calculating Cost-Sharing Premium Reduction Load Factors

Presentation at the National Association of Insurance Commissioners (NAIC) Affordable Care Act (ACA) State Rate Review Discussion Meeting on Considerations for Calculating Cost-Sharing Reduction… Download
Topics: NAIC
Date Published: 11/16/2022
Practice Note

Risk Transfer Practice Note

The Committee on Property and Liability Financial Reporting (COPLFR) released the update to the Risk Transfer Practice Note (last updated in 2007). The Risk Transfer Practice Note includes… Download
Date Published: 11/04/2022
Comment / Letter

Index-Linked Variable Annuity (ILVA) Work Group Submits Comments on Proposed Actuarial Guideline ILVA

Index-Linked Variable Annuity (ILVA) Work Group Submits Comments on Proposed Actuarial Guideline ILVA   Download
Date Published: 11/02/2022
Comment / Letter

CPC Submits Comments to the ASB on ASOP 41

Comment letter from the Casualty Practice Council, submitted to the Actuarial Standards Board (ASB) on the exposure draft of ASOP 41, Actuarial Communications. Download
Date Published: 11/01/2022
Date Published: 10/27/2022
Issue Brief

DSAC Releases Issue Brief on Big Data in Actuarial Modeling

The Data Science and Analytics Committee (DSAC) released an issue brief, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts. It outlines big data issues confronting actuaries and… Download

Cross-Committee Discussion Brief on Actuarial Considerations When Using Augmented Mortality Models

Discussion brief authored by members of Pension, Multiemployer, and Public Plans Committees detailing approaches and complexities of using augmented pension mortality assumptions.   Download
Topics: Retirement
Date Published: 10/14/2022

Life Experience Work Group Releases Discussion Brief on Inflation

The Academy’s Life Experience Committee released a discussion brief on the impacts of inflation, interest rates, stock market volatility, and potential recession on life insurance business.   Download
Topics: Life Insurance
Date Published: 10/14/2022

PPC Committees Release Discussion Brief on Augmented Mortality

Members of the Pension, Multiemployer, and Public Plans Committees published a discussion brief intended to familiarize actuaries with commonly used approaches and considerations when dealing with… Download
Topics: Retirement
Date Published: 10/14/2022
Comment / Letter

CPC Submits Comments to the ASB on ASOP 20

Comment letter from the Casualty Practice Council, submitted to the Actuarial Standards Board (ASB) on the exposure draft of ASOP 20, Discounting of Property/Casualty Unpaid Claim Estimates. Download
Date Published: 09/30/2022
Topics: NAIC
Date Published: 09/29/2022
Comment / Letter

COPLFR Submits Comments to the ASB on ASOP 36

Comment letter from the Committee on Property and Liability Financial Reporting, submitted to the Actuarial Standards Board (ASB) on the exposure draft of ASOP 36, Statements of Actuarial Opinion… Download
Date Published: 09/29/2022