Academy News

Read about the Academy’s recent activities in the latest edition of the Actuarial Update. (December 21, 2012)

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. (December 21, 2012)

Read about recent health care reform activities in the latest edition of HealthCheck. (December 19, 2012)

The Committee on Property and Liability Financial Reporting released its 2012 practice note on Statements of Actuarial Opinion on P&C Loss Reserves. (December 17, 2012)

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. (December 14, 2012)

The Life Practice Council presented a webinar reviewing the NAIC Fall 2012 National Meeting and progress on the principle-based approach (PBA) to life reserves. The December 13 webinar included a Fall 2012 LATF update, PBR update, and a presentation on the 2012 Individual Annuity Mortality Tables and Model Regulation. (December 13, 2012)

This webinar discusses peer review and common practices actuaries can use to determine whether voluntary peer review of their actuarial services and actuarial communications may be beneficial. (December 12, 2012)

Read about issues that affect pension actuaries and the Academy’s work to advance sound pension policy in the latest edition. (December 12, 2012)

The Social Security Committee updated its 2004 issue brief on means testing for Social Security. Means testing is one option to reform the Social Security program that would reduce or eliminate benefits for wealthy and/or high-income participants and beneficiaries as a means of reducing costs. (December 11, 2012)

The Annuity Illustration Subgroup sent a comment letter to the Iowa Insurance Division on selected FAQs in its October 18, 2012 draft memorandum. (December 11, 2012)

The Actuarial Guideline 43/C-3 Phase II Work Group sent comments to the NAIC’s C-3 Phase II/AG 43 (E) Subgroup on its November 1, 2012 Work Plan Draft. (December 10, 2012)

Join the Academy’s Life Practice Council on Dec. 13 for an overview of the NAIC Fall 2012 National Meeting and progress on the principle-based approach (PBA) to life reserves. Presenters also will provide an overview of the newly adopted 2012 Individual Annuity Reserving Table which becomes effective January 2014. (December 07, 2012)

The American Academy of Actuaries and Society of Actuaries are jointly sponsoring a new webinar series on recently released Affordable Care Act (ACA) proposed rules. Join John Bertko, the director of special initiatives and pricing at the Center for Consumer Information and Insurance Oversight, and his colleagues, as they provide an overview of three significant proposed rules related to the ACA, and answer audience questions on the rules. Cori Uccello, senior health fellow at the Academy will be the moderator. The webinars will be held on Dec. 10, 13, and 14. (December 07, 2012)

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. (December 07, 2012)

The American Academy of Actuaries’ Life Practice Council commends the decision by the National Association of Insurance Commissioners to adopt the Life Valuation Manual that will help lead to a principle-based reserves (PBR) system intended to allow insurers to more accurately calculate risks and required reserves for insurance products. Read the news release. (December 03, 2012)