Academy Resources

Browse our library of content, developed to support your professional growth and help you navigate the complexities of actuarial practice with confidence.

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Practice Note

Application Of C-3 Phase II and VACARVM

Life Practice Note Steering Committee practice note intended to provide guidance to actuaries dealing with the implementation of the new risk-based capital and reserving requirements for Variable… Download
Date Published: 09/01/2005
Practice Note

Actuarial Certification of Rates for Medicaid Managed Care Programs

Actuarial Certification of Rates for Medicaid Managed Care ProgramsPractice Note created by the Medicaid Rate Certification Work Group to provide nonbinding guidance to actuaries who certify rates… Download
Date Published: 08/01/2005
Practice Note

Individual Major Medical Business

Individual Major Medical BusinessPractice Note developed by a work group of the Health Practice Financial Reporting Committee to provide a description of some of the current practices used by health… Download
Date Published: 08/01/2005
Practice Note

Anticipated Common Practices Relating to AICPA Statement of Position 03-1: Accounting and Reporting by Insurance Enterprises for Certain Nontraditional Long-Duration Contracts and for Separate Accounts

Life Financial Reporting Committee practice note on anticipated common practices relating to AICPA Statement of Position 03-1: accounting and reporting by insurance enterprises for certain… Download
Date Published: 04/05/2005
Practice Note

Asset Adequacy Analysis

Asset Adequacy AnalysisLife Valuation Subcommittee practice note updating the initial practice notes written in 1995 regarding asset adequacy analysis practices used by appointed actuaries in the… Download
Date Published: 12/02/2004
Practice Note

Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate Stability

Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate StabilityPLEASE NOTE: This practice note was superceded by the 2012 Long-Term Care Insurance Compliance with… Download
Date Published: 05/01/2003
Practice Note

Application of Actuarial Guideline XXXIX

Application of Actuarial Guideline XXXIXPractice note presenting questions relative to the National Association of Insurance Commissioner’s (NAIC) Actuarial Guideline XXXIX – Reserving for… Download
Date Published: 12/01/2002
Practice Note

Selecting and Documenting Investment Return Assumptions Practice Note

Selecting and Documenting Investment Return Assumptions Practice NotePLEASE NOTE: This practice note was withdrawn by the Pension Practice Council (September 12, 2012) Download
Date Published: 05/15/2001
Practice Note

Special Issues for Variable Annuities

Committee on State Life Insurance Issues practice note divided into two sections, statutory reserve and accounting requirments, and asset adequacy analysis considerations. Download
Date Published: 07/23/1999
Practice Note

Special Issues for Equity Indexed Products

Committee on State Life Insurance Issues practice note presenting a description of some of the current practices that could be used by illustration actuaries in the United States. Download
Topics: Life Insurance
Date Published: 07/18/1999
Practice Note

Policyholder Protection in Mutual Life Insurance Company Reorganizations

Policyholder Protection in Mutual Life Insurance Company Reorganizations Life Insurance Financial Reporting Committee practice note regarding policyholder protection in mutual life insurance company… Download
Date Published: 07/13/1999
Practice Note

Distribution of Policyholder Equity in a Demutualization

Life Financial Reporting Committee practice note regarding the distribution of policyholder equity in a demutualization. Download
Date Published: 07/10/1999
Practice Note

Additional Questions Relating to Compliance with the NAIC Life Illustrations Model Regulation and ASOP 24

Additional Questions Relating to Compliance with the NAIC Life Illustrations Model Regulation and ASOP 24 Committee on Life Insurance practice note regarding additional questions to some of the… Download
Date Published: 07/03/1999
Practice Note

Compliance with the NAIC Life Illustrations Model Regulation and ASOP 24

Compliance with the NAIC Life Illustrations Model Regulation and ASOP 24 Committee on Life Insurance practice note presenting a description of some of the current practices that could be used by… Download
Date Published: 07/01/1999
Practice Note

General Considerations

General ConsiderationsState Health Committee work group practice note discussing acceptable practice for all forms of group and individual accident and health policies and contracts. The practice… Download
Topics: Retirement
Date Published: 11/30/1995
Practice Note

Long-Term Care Insurance (1995)

Long-Term Care Insurance (1995)Practice Note developed by the Committee on Health Financial Issues that addresses questions and issues regarding the valuation actuary’s responsibilities under the… Download
Date Published: 11/02/1995
Practice Note

Group Long-Term Disability Income Insurance (1995)

Group Long-Term Disability Income Insurance (1995)PLEASE NOTE: This practice note was superceded by the 2006 practice note on group long-term disability income business. Practice Note developed by…
Date Published: 11/01/1995
Practice Note

Large Group Medical Business

Large Group Medical BusinessPLEASE NOTE: This practice note was superceded by the 2013 practice note on large group medical business. Practice Note developed by a work group of the State Health… Download
Date Published: 11/01/1995
Practice Note

Small Group Certification (1995)

Small Group Certification (1995)Practice Note developed by a work group of the State Health Committee to address the issue of small group certification requirements. PLEASE NOTE: This practice… Download
Date Published: 11/01/1995
Practice Note

Individual Major Medical Business (1995)

Individual Major Medical Business (1995)PLEASE NOTE: This practice note was superceded by the 2005 practice note on individual major medical insurance. Practice Note developed by a work group of… Download
Date Published: 11/01/1995