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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

Committee Releases White Paper on Long-Duration Targeted Improvements (LDTI)

The Life Financial Reporting Committee released a white paper, FASB Long-Duration Targeted Improvements—A Discussion of Enhanced Disclosures, which focuses on certain considerations in implementing…
Topics: ASB Financial Reporting
Date Published: 03/09/2023
Policy & Research
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Comment / Letter

Financial Reporting and Solvency Committee Comments to NAIC on AG 51, Appendix A-010

The Health Practice Council’s Financial Reporting and Solvency Committee sent a comment letter to the National Association of Insurance Commissioners (NAIC) Long-Term Care Actuarial (B) Working…
Topics: Financial Reporting Long-Term Care NAIC Risk Management Solvency
Date Published: 02/23/2023
Policy & Research
Download
Comment / Letter

Comment Letter to the Health Risk-Based Capital (E) Working Group on Investment Income

The Health Solvency Subcommittee sent a comment letter responding to a request from the NAIC’s Health Risk-Based Capital (E) Working Group to provide additional investment return scenarios within…
Topics: Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 02/02/2023
Policy & Research
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Policy Paper

Committee Releases White Paper on Considerations in Market Risk Benefits

The Life Financial Reporting Committee released a white paper, Considerations in Market Risk Benefits, that focuses on identification, valuation, and financial reporting of market risk benefits; a…
Topics: Benefits Financial Reporting
Date Published: 12/21/2022
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P/C Loss Reserves (2022)

The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2022), including discussion regarding changes in the NAIC Annual…
Topics: Casualty Financial Reporting NAIC
Date Published: 12/20/2022
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NAIC Report

Academy Update to the NAIC HRBC (E) Working Group during the Fall 2022 NAIC National Meeting

Health Solvency Subcommittee Chairperson Derek Skoog provided an update to the NAIC’s Health Risk-Based Capital (E) Working Group at the NAIC’s Fall 2022 National Meeting in Tampa, FL, on the…
Topics: Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 12/12/2022
Policy & Research
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Practice Note

Risk Transfer Practice Note

The Committee on Property and Liability Financial Reporting (COPLFR) released the update to the Risk Transfer Practice Note (last updated in 2007). The Risk Transfer Practice Note includes…
Topics: Casualty Financial Reporting Solvency
Date Published: 11/04/2022
Policy & Research
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Issue Brief

DSAC Releases Issue Brief on Big Data in Actuarial Modeling

The Data Science and Analytics Committee (DSAC) released an issue brief, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts. It outlines big data issues confronting actuaries and…
Topics: Artificial Intelligence Data Science / Big Data Financial Reporting Risk Management
Date Published: 10/14/2022
Policy & Research
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Comment / Letter

COPLFR Submits Comments to the ASB on ASOP 36

Comment letter from the Committee on Property and Liability Financial Reporting, submitted to the Actuarial Standards Board (ASB) on the exposure draft of ASOP 36, Statements of Actuarial Opinion…
Topics: Actuarial Standards ASB Casualty Financial Reporting
Date Published: 09/29/2022
Policy & Research
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Practice Note Exposure Draft Released on Long-Duration Contracts – Targeted Improvements

The Long-Duration Contracts Work Group of the Academy’s Risk Management and Financial Reporting Council released the practice note exposure draft Application of ASU 2018-12 to the Accounting for…
Topics: Financial Reporting Risk Management
Date Published: 08/23/2022
Policy & Research
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