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American Academy of Actuaries Issues Discipline Notice

WASHINGTON—The American Academy of Actuaries announced that the following discipline action became effective on Dec. 15, 2021. Notice of Public Discipline (Effective Date Dec. 15, 2021) A…
Topics: Professionalism
Date Published: 12/15/2021
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Revised Qualification Standards to Take Effect Jan. 1 for Actuaries Issuing U.S. Statements of Actuarial Opinion

WASHINGTON—The American Academy of Actuaries, which sets standards for qualification, practice, and conduct for actuaries practicing in the United States, has revised the standards defining…
Topics: Casualty Continuing Education Financial Security NAIC Professionalism Public Policy
Date Published: 11/30/2021
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American Academy of Actuaries Recognizes Members’ Volunteer and Public Service

WASHINGTON—The American Academy of Actuaries is pleased to announce the recipients of its two most prestigious annual awards, the 2021 Jarvis Farley Service Award and the 2021 Robert J. Myers…
Topics: Actuarial Standards Artificial Intelligence Financial Security Health Equity Life Insurance Principle-Based Reserving Professionalism Public Policy Risk-Based Capital Social Security
Date Published: 11/05/2021
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Academy Paper Examines Emerging Issues Brought About by the Increased Use of Big Data and Algorithms in Insurance

WASHINGTON—A new public policy paper published by the American Academy Actuaries, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts, provides a framework for consumers,…
Topics: Artificial Intelligence Benefits Data Science / Big Data Financial Security Professionalism Public Policy
Date Published: 11/05/2021
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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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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

American Academy of Actuaries: 80% Pension Plan Funding Is a ‘Myth’ of Plan Health

WASHINGTON—The American Academy of Actuaries is publishing an issue brief, “The 80% Pension Funding Myth,” to alert the public, pension plan participants and other stakeholders,…
Topics: Financial Security Pension Funding Professionalism Public Policy
Date Published: 10/06/2021
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Article

William Michalisin Appointed as Executive Director of the American Academy of Actuaries

WASHINGTON—William “Bill” Michalisin, CAE, CIA, has been appointed as executive director of the American Academy of Actuaries, effective Sept. 27, 2021.  “The…
Topics: Financial Security Professionalism Public Policy
Date Published: 09/23/2021
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Article

Actuaries Climate Index down again in latest five-year average

Winter 2020-21 data update lowers index benchmark for the second consecutive quarter Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Sept. 14, 2021)––The winter…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 09/14/2021
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Article

2021 Trustees’ Reports Reflect Actuarial Consideration of COVID-19 Pandemic’s Effects on Social Security, Medicare

WASHINGTON—This year’s Social Security and Medicare trustees’ reports released on Aug. 31, 2021, offer actuarial analysis of the programs including the effects of the COVID-19…
Topics: Financial Security Medicare / Medicaid Professionalism Public Policy Social Security
Date Published: 09/02/2021
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Councils’ Comments to NAIC Qualified Actuary Subgroup Questions

alty, Health, Life, and Professionalism Council comments to the NAIC’s Joint Qualified Actuary (A/B/C) Subgroup in response to its request for comments to a list of nine questions in anticipation…
Topics: Casualty NAIC Professionalism
Date Published: 03/27/2013
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Cross-Practice Council Comments on NAIC’s Corporate Governance Exposure Draft

Casualty, Life, Health, Professionalism, and Financial Reporting Council comments to the NAIC’s Corporate Governance Working Group on its Proposed Responses to a Comparative Analysis of Existing U.S….
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