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

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

Actuarial Experts Available to Discuss Public Policy Challenges Ahead of State of the Union

WASHINGTON – As President Obama prepares to outline his administration’s priorities in the State of the Union address on Jan. 12, experts at the American Academy of Actuaries are…

Topics: Casualty Financial Security Life Insurance Long-Term Care Medicare / Medicaid Public Policy Retirement Social Security

Date Published: 01/07/2016

Article

American Academy of Actuaries to Honor Michael Boerner With Robert J. Myers Public Service Award

WASHINGTON – The American Academy of Actuaries announced that it will honor Michael Boerner, MAAA, ASA, director of the actuarial office in the financial regulation division of the Texas…

Topics: Life Insurance NAIC Principle-Based Reserving Public Policy

Date Published: 09/18/2015

Academy in the News

Even Life Insurance Actuaries Are Coming Around on Pot

Mother Jones

Topics: Life Insurance

Date Published: 03/18/2015

Related Resources

Addendum: Compliance with Actuarial Guideline XLIX

Addendum to Illustrations Work Group’s practice note, Actuarial Standard of Practice No. 24: Compliance with the NAIC Life Insurance Illustrations Model Regulation, to reflect the recently adopted…

Topics: Life Insurance NAIC

Date Published: 08/28/2015

Policy & Research

Download

Comment / Letter

Work Group Comment Letter on Stress Testing of Life Insurance Reserves

Stress Testing Work Group comment letter to NAIC Stress Testing (E) Subgroup on stress testing proposal as an outline for field testing of life insurance reserves.

Topics: Life Insurance NAIC

Date Published: 01/30/2015

Policy & Research

Download

Work Group Letter to NAIC on Principles for Sound Actuarial Guideline for Illustrations

Life Illustrations Work Group letter to NAIC Life Actuarial (A) Task Force regarding principles for a sound actuarial guideline on illustrations for life insurance products.

Topics: Life Insurance NAIC

Date Published: 01/08/2015

Policy & Research

Download

Comment / Letter

Comments on Exposure Draft of Life Insurance and Annuity Pricing ASOP

Life Products Committee (LPrC) comment letter to Actuarial Standards Board on exposure draft of an Actuarial Standard of Practice (ASOP) on Life Insurance and Annuity Pricing.

Topics: Actuarial Standards Life Insurance

Date Published: 12/15/2014

Policy & Research

Download

C-3 Work Group Recommendation on RBC Interest Rate Risk

C-3 Work Group report on recommended approach for updating regulatory Risk-Based Capital requirements for interest rate risk for fixed annuities and single premium life insurance (C-3 Phase I).

Topics: Annuities Life Insurance Risk-Based Capital

Date Published: 06/12/2014

Policy & Research

Download

Report to NAIC on Updating RBC Requirements for Interest Rate Risk

C-3 Work Group report to NAIC’s Life-Based Capital Working Group on recommended approach for updating regulatory risk-based capital requirements for interest rate risk for fixed annuities and…

Topics: Annuities Life Insurance NAIC Risk-Based Capital

Date Published: 05/27/2014

Policy & Research

Download

Presentation

PBR Presentation to SERA Conference

Presentation on principle-based reserving for life insurance products to the Southeastern Regulators Association Conference.

Topics: Life Insurance Principle-Based Reserving

Date Published: 10/03/2013

Policy & Research

Download

Academy Interest Rate Generator: Frequently Asked Questions

Updated list of frequently asked questions regarding the Version 7 of the joint Academy-SOA Interest Rate Generator for life insurance products.

Topics: Life Insurance

Date Published: 09/12/2013

Policy & Research

Download

Actuarial Standard of Practice No. 24

Update of the Practice Note for on complying with the NAIC Life Insurance Illustrations Model Regulation.

Topics: Life Insurance NAIC

Date Published: 08/29/2013

Policy & Research

Download

VM-20 Scope Amendment Proposal

Life Reserve Work Group amendment proposal to the Life Actuarial Task Force regarding treatment of individually underwritten certificates issued under a group life insurance contract.

Topics: Life Insurance

Date Published: 08/22/2013

Policy & Research

Download