News for Tuesday, September 30, 2014
The Academy invites feedback from the public, actuaries, regulators, employers, and other interested parties on its draft “U.S. Qualification Standards Attestation.” The proposed form is for actuaries to demonstrate how they meet the U.S. Qualification Standards for signing statements of actuarial opinion (SAOs) in the United States, including in particular the SAOs associated with the National Association of Insurance Commissioners life, health, and property & casualty annual statements. Review/download the draft and submit your feedback. (September 29, 2014)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 26, 2014)
The Academy published a new Essential Elements paper, Medicare's Long-Term Sustainability Challenge, that explores the long-term solvency challenges facing Medicare because of increasing enrollment and medical costs. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences. (September 24, 2014)
The Academy published its second PBA Perspectives, which provides a quarterly update on activities surrounding the implementation of the Principle-based Approach (PBA) for life insurance. The newsletter includes reports and updates on legislative, regulatory, and Academy activity relating to the new principle-based methodology. (September 23, 2014)