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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Related Resources

Treatment of VOBA, Goodwill, and Other Intangible Assets Under PGAAP

Life Financial Reporting Committee practice note detailing practices on the treatment of value of business acquired (VOBA), goodwill, and other intangible assets under the purchase method of…
Topics: Financial Reporting
Date Published: 10/15/2014
Policy & Research
Download
Comment / Letter

Comments on Insurance Group Solvency and Capital Standards

Solvency Committee comments to the National Conference of Insurance Legislators on the key priorities and principles that should be considered when developing insurance group solvency and capital…
Topics: Financial Reporting Reinsurance Risk Management Solvency
Date Published: 10/10/2014
Policy & Research
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Exposure Draft: Profits Followed by Losses

Financial Reporting Committee exposure draft of a new practice note on profits followed by losses in long-duration contracts. Comments on the exposure draft are due Nov. 10. 
Topics: Financial Reporting Risk Management
Date Published: 10/10/2014
Policy & Research
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ERM/ORSA Committee Actuaries and ORSA Overview

ERM/ORSA Committee overview of the key content of an Own Risk and Solvency Assessment (ORSA) and the components of an ORSA for which actuarial input may be useful. 
Topics: Financial Reporting Risk Management Solvency
Date Published: 09/26/2014
Policy & Research
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Comments on Principles for Insurance Group Solvency and Capital Standards

Solvency Committee comments to the National Association of Insurance Commissioners on the key priorities and principles that should be considered when developing insurance group solvency and capital…
Topics: Financial Reporting Risk Management Solvency
Date Published: 09/18/2014
Policy & Research
Download

Comments to NAIC on Securities Listed by the Securities Valuation Office

Reinsurance Committee comments to the NAIC’s Reinsurance (E) Task Force on the exposure draft, Securities Listed by the Securities Valuation Office, that specifically address the security provided…
Topics: Financial Reporting NAIC Reinsurance Risk Management
Date Published: 09/05/2014
Policy & Research
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Committee Letter to IASB on Treatment of Participating Contracts

Financial Reporting Committee letter to the International Accounting Standards Board on the treatment of participating contracts within the IFRS Foundation’s insurance contracts project that includes…
Topics: ASB Financial Reporting Risk Management
Date Published: 09/02/2014
Policy & Research
Download
Comment / Letter

Joint Committee on Retiree Health Sends Comment Letter to GASB Regarding Exposure Draft

The Joint Committee on Retiree Health letter to the Governmental Accounting Standards Board commenting on proposed statements of accounting and financial reporting by governmental employers for other…
Topics: ASB Benefits Financial Reporting Retirement
Date Published: 08/29/2014
Policy & Research
Download
Comment / Letter

Public Plans Subcommittee Sends Comment Letter to GASB Regarding Exposure Draft

The Pension Committee’s Public Plans Subcommittee letter to the Governmental Accounting Standards Board commenting on an Exposure Draft on accounting and financial reporting for pension plans that…
Topics: ASB Financial Reporting
Date Published: 08/29/2014
Policy & Research
Download
Comment / Letter

Public Plans Subcommittee Sends Comment Letter to GASB Regarding Exposure Draft

The Pension Committee’s Public Plans Subcommittee letter to the Governmental Accounting Standards Board commenting on an Exposure Draft on accounting and financial reporting for pension plans that…
Topics: ASB Financial Reporting Retirement
Date Published: 08/29/2014
Policy & Research
Download

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