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Article

Actuaries Suggest Focus on Risk and Financial Security Issues to Policymakers Ahead of State of the Union Speech

WASHINGTON—Ahead of President Trump’s 2018 State of the Union speech, the American Academy of Actuaries is offering expertise on risk and financial security issues to public…

Topics: Benefits Financial Reporting Financial Security Health Insurance Medicare / Medicaid Public Policy Reinsurance Retirement Risk Management Social Security Solvency

Date Published: 01/25/2018

Article

Academy Announces Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce the start of the terms of five officers and four regular directors serving on its Board of Directors. Their terms began at…

Topics: Actuarial Standards Casualty Financial Reporting Risk Management Risk-Based Capital

Date Published: 11/14/2017

Article

American Academy of Actuaries to Honor Volunteers’ Efforts

WASHINGTON—The American Academy of Actuaries will honor five exceptional volunteers, Mary Bahna-Nolan of Naperville, Ill., Keith Passwater of Brownsburg, Ind., Lenny Reback of Highland Park,…

Topics: Benefits Financial Reporting Principle-Based Reserving Professionalism Public Policy

Date Published: 09/13/2017

Article

Academy Issue Brief Identifies Seven Critical Areas That Long-Term Care Financing Reform Needs to Address

WASHINGTON—As Americans’ long-term care (LTC) needs increasingly outpace their capacity to finance them, and policymakers explore ways in which to make coverage for care more…

Topics: Benefits Financial Reporting Long-Term Care Public Policy Risk Management Solvency

Date Published: 11/29/2016

Article

American Academy of Actuaries Recognizes Members’ Service to Public and Profession

WASHINGTON — The American Academy of Actuaries recognized several of its most dedicated members for their service to the Academy, the public and the U.S. actuarial profession with awards…

Topics: Actuarial Standards Benefits Casualty Financial Reporting Life Insurance Membership Principle-Based Reserving Public Policy Risk Management

Date Published: 11/04/2016

Article

Academy Announces Officers and Regular Directors Begin Terms

WASHINGTON—In addition to the start of Bob Beuerlein’s term as its president, the American Academy of Actuaries is pleased to announce the start of the terms of five officers and four…

Topics: Casualty Financial Reporting Medicare / Medicaid Professionalism Retirement

Date Published: 11/03/2016

Article

Bob Beuerlein Becomes President of the American Academy of Actuaries, Beuerlein Succeeds Tom Wildsmith

WASHINGTON—Bob Beuerlein, a consulting actuary based in The Villages, Fla., began his term as president of the American Academy of Actuaries today, succeeding 2015-16 President Thomas F….

Topics: Actuarial Standards Financial Reporting Life Insurance Professionalism Public Policy

Date Published: 11/03/2016

Article

American Academy of Actuaries to Honor Volunteers’ Efforts

WASHINGTON – The American Academy of Actuaries will honor three of its exceptional volunteers, Donna Claire of Fort Salonga, N.Y., Barbara Klever of Elizabeth, Ill., and Kathleen Odomirok of…

Topics: Benefits Casualty Financial Reporting Governance Health Insurance Life Insurance Principle-Based Reserving Professionalism Public Policy

Date Published: 09/20/2016

Article

American Academy of Actuaries to Honor Bob Meilander With Jarvis Farley Service Award

WASHINGTON – The American Academy of Actuaries will present Robert G. Meilander, MAAA, FSA, of Sarasota, Fla., with the prestigious 2016 Jarvis Farley Service Award at the Academy’s…

Topics: Actuarial Standards ASB Financial Reporting Public Policy Risk Management

Date Published: 09/20/2016

Article

American Academy of Actuaries to Honor Andrea Sweeny With Jarvis Farley Service Award

WASHINGTON – The American Academy of Actuaries will present Andrea Sweeny, MAAA, FCAS, FCA, with the 2015 Jarvis Farley Service Award during the Academy’s Annual Meeting and Public…

Topics: Benefits Financial Reporting Public Policy

Date Published: 09/18/2015

Related Resources

Presentation

ERM/ORSA Climate Work Group Presentation to NAIC

ERM/ORSA Climate Related Financial Disclosures Work Group presentation to the National Association of Insurance Commissioners (NAIC) Climate and Resiliency (EX) Task Force.

Topics: Financial Reporting NAIC Risk Management

Date Published: 12/04/2020

Policy & Research

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Comment / Letter

Financial Reporting Committee and Life Financial Reporting Committee Comments to FASB

The Financial Reporting Committee and Life Financial Reporting Committee comments to the Financial Accounting Standards Board (FASB) regarding indexing and modco embedded derivatives.

Topics: ASB Financial Reporting

Date Published: 11/23/2020

Policy & Research

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Presentation

Academy Updates CASTF on Casualty Practice Council Activity

The Academy’s Casualty Practice Council (CPC) and Committee on Property and Liability Financial Reporting (COPLFR) presented an update on CPC and COPLFR activity to the NAIC’s Casualty Actuarial…

Topics: Casualty Cyber Risk Financial Reporting NAIC

Date Published: 11/10/2020

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Practice Note

Actuarial Memorandum Practice Note

The purpose of this practice note is to provide information that can be useful for appointed actuaries dealing with the challenges of producing an Actuarial Memorandum in support of the Actuarial…

Topics: Financial Reporting Risk Management Solvency

Date Published: 10/29/2020

Policy & Research

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Comment / Letter

Financial Reporting Committee Comments to AICPA

The Financial Reporting Committee comments to the American Institute of Certified Public Accountants (AICPA) regarding Targeted Improvements to Long-Duration Contracts Implementation Issue 11AC…

Topics: Financial Reporting Health Insurance Reinsurance Risk Management

Date Published: 09/23/2020

Policy & Research

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Research Paper

Audit Committees and Actuarial Loss Reserve Expertise

A new paper has been published, An Overview for P/C Insurers’ Audit Committees: Effective Use of Actuarial Loss Reserve Expertise. Produced by the Committee on Property and Liabi8lity Financial…

Topics: Casualty Financial Reporting

Date Published: 09/21/2020

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Comment / Letter

Committee Comments on Financial Examiners Handbook

The Committee on Property and Liability Financial Reporting has submitted comments to the NAIC’s Actuarial Opinion Working Group, suggesting some changes to the wording the Financial Examiners…

Topics: Casualty Financial Reporting NAIC

Date Published: 08/27/2020

Policy & Research

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Presentation

Presentation on Scalar Project Update to NAIC G Committee

Presentation by Steve Jackson on Scalars Project Update to the National Association of Insurance Commissioners (NAIC) International Insurance Relations (G) Committee.

Topics: Financial Reporting NAIC Risk Management Scalars

Date Published: 08/12/2020

Policy & Research

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Policy Paper

Committee Issues FAQ on Covid-19 and PC Financial Reporting

The Committee on Property and Liability Financial Reporting has issued a set of questions and answers about the impact of the coronavirus pandemic on P/C financial reporting.

Topics: Casualty Financial Reporting

Date Published: 06/11/2020

Policy & Research

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Comment / Letter

COPLFR Comments on 2020 SAO PC Instructions

The Committee on Property and Liability Financial Reporting submitted comments to the National Association of Insurance Commissioners, regarding proposed instructions for the 2020 Statement of…

Topics: Casualty Financial Reporting

Date Published: 05/11/2020

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