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The Academy

Academy Officers and Directors Begin Terms in Office  

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Darrell Knapp, MAAA, FSA, of New Smyrna Beach, Fla., taking office as 2024-25 Academy president, five other…
Topics: Actuarial Standards ASB Casualty Diversity, Equity, and Inclusion Financial Reporting Health Equity Professionalism Reinsurance Retirement
Date Published: 11/13/2024
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Article

American Academy of Actuaries Recognizes 2024 Outstanding Volunteers and Rising Actuaries

WASHINGTON—The American Academy of Actuaries recognized outstanding Academy volunteers and emerging actuarial leaders at the opening session of the Academy’s 2024 “Envision…
Topics: Actuarial Standards Benefits Financial Reporting Financial Security Health Equity Life Insurance Membership Professionalism Public Policy
Date Published: 10/15/2024
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Article

Academy Officers and Directors Begin Terms in Office

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Lisa Slotznick, MAAA, FCAS, of Norcross, Ga., taking office as 2023–24 Academy president, five…
Topics: Actuarial Standards ASB Financial Reporting Financial Security Membership Professionalism Public Policy Reinsurance Risk Management
Date Published: 11/15/2023
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Article

New Academy Officers and Member-Selected Directors Began Terms at This Week’s Academy Annual Meeting

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Ken Kent of McLean, Va., taking office as 2022–23 Academy president, five officers and three…
Topics: Actuarial Standards ASB Benefits Casualty Financial Reporting Financial Security Health Equity Medicare / Medicaid Professionalism Public Policy
Date Published: 11/04/2022
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Article

Academy Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Maryellen Coggins taking office today as 2021–22 Academy president, five officers and three…
Topics: Actuarial Standards ASB Financial Reporting Financial Security Health Equity Professionalism Public Policy Risk Management
Date Published: 11/04/2021
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Article

Maryellen Coggins Becomes President of the American Academy of Actuaries

Coggins Succeeds 2020–21 President Tom Campbell WASHINGTON—Maryellen Coggins of Boston, Mass., began a one-year term as president of the American Academy of Actuaries today, succeeding…
Topics: Actuarial Standards ASB Financial Reporting Financial Security Professionalism Public Policy Risk Management
Date Published: 11/04/2021
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Article

Academy Looks Forward to President Biden Addressing Joint Session of Congress on Key Issues Needing Actuarial Expertise

COVID-19 Impacts, Climate Risk, Equity Issues Share Focus with Economic Recovery, Financial and Retirement Security Beyond First 100 Days WASHINGTON—The American Academy of Actuaries provides…
Topics: Casualty Climate Risk Financial Reporting Financial Security Health Equity Life Insurance Long-Term Care Medicare / Medicaid Professionalism Public Policy Retirement Social Security Solvency
Date Published: 04/26/2021
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Article

Academy Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce five officers and four regular directors serving on its Board of Directors who began their terms today at the close of the…
Topics: Actuarial Standards ASB Casualty Financial Reporting Financial Security Principle-Based Reserving Professionalism Public Policy Risk Management
Date Published: 11/05/2020
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Article

Academy 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 ASB Casualty Financial Reporting Financial Security Medicare / Medicaid Professionalism Public Policy Risk Management
Date Published: 11/05/2019
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Article

Travelers, Insurance Professionals, Regulators Will Find New Academy Monograph a Useful Explainer on Travel Insurance

WASHINGTON—New analysis from the American Academy of Actuaries, “Travel Insurance: An Actuarial Perspective,” draws on actuarial expertise to provide a clear explanation of what…
Topics: Benefits Casualty Financial Reporting Public Policy
Date Published: 09/05/2018
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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
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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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