Academy Resources
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Comment / Letter
Practice Councils Comment to NAIC’s New RBC Model Governance Task Force
Vice presidents of the Academy’s Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council provided comments to the NAIC’s… DownloadDate Published: 03/14/2025
Infographic
Academy Membership Demographics
The Academy continues to collect and report on data to aid in better understanding and meeting the diverse needs of its growing membership. As of Dec. 31, 2024, membership totaled 20,423. We…Date Published: 10/04/2024
Presentation
CPC Presentation at CAS Spring Meeting
Academy Casualty Policy Analyst Rob Fischer, Senior Fellow Rich Gibson, and Will Davis of the South Carolina Department of Insurance presented at the Casualty Actuarial Society’s Spring Meeting on… DownloadDate Published: 05/08/2024
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
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
Comment / Letter
Risk Management and Financial Reporting Committee Submits Comments to the National Association of Insurance Commissioners on AI
The Risk Management and Financial Reporting Committee submitted comments on Sept. 1 to the NAIC on their Draft Model Bulletin Use of Algorithms, Predictive Models, and Artificial Intelligence Systems… DownloadDate Published: 09/07/2023
Comment / Letter
Life Practice Council, Health Practice Council, and Casualty Practice Council Submit a Joint Comment Letter to the Colorado Division of Insurance
The Life Practice Council, Health Practice Council, and Casualty Practice Council submitted a joint comment letter to the Colorado Division of Insurance on its recent exposure of a draft regulation… DownloadDate Published: 03/06/2023
Academy PBR Governance Update at NAIC Summer 2020 National Meeting
PBR Governance Update to the Life Actuarial (A) Task Force at the NAIC 2020 Summer National Meeting DownloadDate Published: 08/04/2020
PBR Governance Work Group Update at NAIC Fall 2019 National Meeting
PBR Governance Work Group update at the NAIC 2019 Fall National Meeting. DownloadDate Published: 12/05/2019
Academy PBR Governance Update at NAIC Summer 2019 National Meeting
PBR Governance Work Group update to the Life Actuarial (A) Task Force at the NAIC Summer 2019 National Meeting. DownloadDate Published: 08/02/2019
Work Group Update on PBR Governance at NAIC Spring 2019 National Meeting
PBR Governance Work Group update to Life Actuarial (A) Task Force at the NAIC Spring 2019 National Meeting. DownloadDate Published: 04/05/2019
PBR Governance Update to LATF
PBR Governance Work Group update to Life Actuarial (A) Task Force at the NAIC Fall 2018 National Meeting. DownloadDate Published: 11/12/2018
Work Group Update to NAIC on PBR Governance
PBR Governance Work Group update to Life Actuarial (A) Task Force on PBR adoption and Academy involvement. DownloadDate Published: 08/02/2018
Comment / Letter
Work Group Comment Letter on Assumption of Governance for AG43
AG43/C3 Phase II Work Group comment letter to NAIC on assumption governance. DownloadDate Published: 07/04/2018
Work Group APF on VM-20 Section 3.C
PBR Model Governance Work Group amendment proposal form to NAIC on universal life with secondary guarantees net premium reserve lapse rate. DownloadDate Published: 04/22/2018
Work Group Update to NAIC on Academy PBR Governance
PBA Governance Work Group update to NAIC on Academy involvement with PBR. DownloadDate Published: 03/23/2018
Presentation
Subgroup Presentation on Academy PBR Efforts
PBR Governance Subgroup update to the NAIC Life Actuarial (A) Task Force on the Academy’s efforts on PBR implementation. DownloadDate Published: 12/01/2017
Comment / Letter
Work Group Comments on Exposed VM-31 Amendment Proposal Form.
PBR Governance Work Group’s VM-31 Review Subgroup Comment Letter to the NAIC’s Life Actuarial (A) Task Force on the exposed VM-31 Amendment Proposal Form. DownloadDate Published: 09/12/2017
Comment / Letter
Work Group Comments to ASB on Principle-Based Reserve ASOP Exposure Draft
PBR Governance Work Group comments to the Actuarial Standards Board (ASB) on the exposure draft for a new ASOP, Principle-Based Reserves for Life Products. DownloadDate Published: 05/31/2017
Model Governance Practice Note
Principle-Based Reserve (PBR) Work Group practice note, Model Governance, providing additional information for practicing life actuaries seeking to better understand models, model risks, model… Download
Topics: Governance
Date Published: 04/20/2017
Policy Paper
Subgroup Releases Model Governance Checklist
The Principle-Based Reserves Checklist Subgroup of the Model Governance Work Group released a model governance checklist, which is offered as a resource for practicing life actuaries involved in… Download
Topics: Governance
Date Published: 12/01/2016
Comment / Letter
Subgroup Comments to LATF on Valuation Manual
Role of the Actuary Subgroup comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on revisions to the Corporate Governance Guidance Appendix, Section VM-G, of the Valuation Manual… DownloadDate Published: 03/10/2016
Insurance Enterprise Risk Management
Enterprise Risk Management Committee’s practice note, “ Practice,” which discusses ERM practices within the insurance industry and concepts such as risk culture, risk organization, and risk… DownloadDate Published: 07/25/2013
Insurance Enterprise Risk Management Practices
Enterprise Risk Management Committee’s practice note exposure draft, , for public comment. The practice note discusses ERM practices within the insurance industry and concepts such as risk culture,… DownloadDate Published: 03/07/2013
Comment / Letter
Cross-Practice Council Comments on NAIC’s Corporate Governance Exposure Draft
Casualty, Life, Health, Professionalism, and Financial Reporting Council comments to the NAIC’s Corporate Governance Working Group on its Proposed Responses to a Comparative Analysis of Existing U.S…. DownloadDate Published: 09/28/2012