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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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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
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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
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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
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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
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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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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
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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
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Related Resources

Comment / Letter

Letter to IASB and FASB on Insurance Contracts

Financial Reporting Committee comments on the recent vote by the IASB and confirmation by the FASB to not permit the recognition of revenue for incremental acquisition expenses upon the initial…
Topics: ASB Financial Reporting Risk Management
Date Published: 02/19/2010
Policy & Research
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Comment / Letter

Comments on Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts

Life Financial Reporting Committee and Financial Reporting Committee comments on the FASB on exposure draft, Proposed ASU-Financial Services-Insurance (Topic 944): “Accounting for Costs Associated…
Topics: ASB Financial Reporting Risk Management
Date Published: 02/12/2010
Policy & Research
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Practice Note

Common Practices Relating to FASB Statement 133, Accounting for Derivative Instruments and Hedging Activities, As It Relates to Variable Annuities with Guaranteed Benefits

Common Practices Relating to FASB Statement 133, Accounting for Derivative Instruments and Hedging Activities, As It Relates to Variable Annuities with Guaranteed BenefitsLife Financial Reporting…
Topics: Annuities ASB Benefits Financial Reporting
Date Published: 02/02/2010
Policy & Research
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Comment / Letter

Operational Risk Modeling Comments to Bank for International Settlements

ERM Subcommittee comments on the Basel Committee on Banking Supervision’s consultation document, “Recognizing the Risk-Mitigating Impact of Insurance in Operational Risk Modelling.”
Topics: Enterprise Risk Management Financial Reporting Risk Management
Date Published: 01/29/2010
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P&C Loss Reserves (2009)

ittee on Property and Liability Financial Reporting’s 2009 practice note on Statements of Actuarial Opinion on P&C Loss Reserves.
Topics: Casualty Financial Reporting
Date Published: 01/04/2010
Policy & Research
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Practice Note

Actuarial Certification of Restrictions Relating to Premium Rates in the Small Group Market

Actuarial Certification of Restrictions Relating to Premium Rates in the Small Group MarketHealth Practice Financial Reporting Committee practice note on actuarial certification of restrictions…
Topics: Financial Reporting
Date Published: 12/31/2009
Policy & Research
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Comment / Letter

Comments to NAIC on Financial Solvency Framework

Risk Management and Solvency Committee comments to the NAIC on its draft paper, United States Insurance Financial Solvency Framework.
Topics: Financial Reporting NAIC Reinsurance Risk Management Solvency
Date Published: 12/17/2009
Policy & Research
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NAIC Report

FS/RM Review of International Responses to Financial Crisis for LHATF

Letter from LFSRM to LHATF on the status of review of country specific regulatory responses to the financial crisis.
Topics: Financial Reporting NAIC Reinsurance Risk Management Solvency
Date Published: 12/03/2009
Policy & Research
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Testimony

Congressional Testimony Concerning OTC Derivatives Reform and Systemic Risk

Risk Management & Financial Reporting Council testimony to the Senate Committee on Agriculture, Nutrition & Forestry supporting the establishment of a governmental systemic risk regulator.
Topics: Financial Reporting Risk Management
Date Published: 12/02/2009
Policy & Research
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Comment / Letter

Comments on Creating Office of the Actuary

Financial Regulatory Reform Task Force comments on H.R. 2609, the Insurance Information Act, and H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, that recommends including an…
Topics: Financial Reporting Risk Management
Date Published: 11/24/2009
Policy & Research
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