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Financial Reporting

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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

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Comment / Letter

Letter to Senate on National Insurance Act of 2006

Risk Management and Financial Reporting Council letter to the Senate recommending that the National Insurance Act of 2006 include a provision creating an Office of the Actuary.

Topics: Financial Reporting Risk Management

Date Published: 07/17/2006

Policy & Research

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Letters to FASB on Proposed Changes in Financial Accounting Standards

Joint Committee on Retiree Health letters to FASB expressing concern over proposed changes in financial accounting standards for pensions and OPEBs.

Topics: ASB Financial Reporting Risk Management Solvency

Date Published: 05/31/2006

Policy & Research

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Comment / Letter

Comments on Proposed GASB Bulletin on Medicare Part D Retiree Drug Subsidy

Joint Committee on Retiree Health comments on the proposed GASB technical bulletin, Accounting and Financial Reporting by Employers and OPEB Plans for Payments from the Federal Government Pursuant…

Topics: ASB Financial Reporting Medicare / Medicaid

Date Published: 04/17/2006

Policy & Research

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Comment / Letter

Comments on Disclosure about Insurance Risk under International Financial Reporting Standards

Financial Reporting Committee suggestions for revising a proposed IAA practice guideline on insurance risk disclosure.

Topics: Financial Reporting Risk Management

Date Published: 03/27/2006

Policy & Research

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Practice Note

Statutory Reserves for Individual Disability Income Insurance

Statutory Reserves for Individual Disability Income InsuranceHealth Practice Financial Reporting Committee practice note describing some of the current statutory reserving practices used by…

Topics: Financial Reporting

Date Published: 03/01/2006

Policy & Research

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Comment / Letter

Response to FASB Paper ‘Selected Issues Related to Assets and Liabilities with Uncertainties’

Financial Reporting Committee response to a FASB invitation to comment on the treatment of liabilities and assets with uncertainties in financial reporting.

Topics: ASB Financial Reporting Risk Management

Date Published: 01/11/2006

Policy & Research

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Issue Brief

Health Coverage Issues: The Uninsured and the Insured

Uninsured Subgroup updated issue brief providing insights on the fundamental questions facing policy-makers and health coverage sponsors, such as: What is health insurance coverage? What are ways to…

Topics: Financial Reporting Health Insurance Risk Management Solvency

Date Published: 12/31/2005

Policy & Research

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Comment / Letter

COPLFR Comments on Draft Bermuda Monetary Authority Guidance

Comments from COPLFR about draft Bermuda Monetary Authority guidance on the role of the loss reserve specialist.

Topics: Casualty Financial Reporting

Date Published: 12/22/2005

Policy & Research

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NAIC Report

Report to NAIC on Proposed RBC Risk Factors for Medicare Part D

Medicare Part D RBC subgroup report to the NAIC on proposed RBC risk factors relating to the insurance of Medicare Part D coverage commencing January 1, 2006. This report was written in response to…

Topics: Financial Reporting Medicare / Medicaid NAIC Risk Management Solvency

Date Published: 12/03/2005

Policy & Research

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Practice Note

Small Group Medical Insurance Reserves and Liabilities

Health Financial Reporting Committee practice note addressing questions and issues regarding the valuation actuary’s responsibilities related specifically to determining reserve levels and asset…

Topics: Financial Reporting

Date Published: 10/31/2005

Policy & Research

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Financial Reporting

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