This Week, October 22-26, 2018

October 26, 2018

Professionalism Counts, September 2018

September 29, 2018
Actuarial Standards Board (ASB) Vice Chairperson Kathleen Riley writes in the September “Professionalism Counts” column on actuarial standards of practice (ASOPs) and the exposure process that the ASB utilizes a robust and transparent exposure process, which is necessary to develop ASOPs that serve both the actuarial profession and the public. (

President’s Message, September/October 2018

September 01, 2018
In his President’s Message for Contingencies, “The Academy as the Fulcrum of Self-Regulation,” Academy President Steve Alpert discus

“Taking Aim”—Actuarial professionalism and the challenge of engagement

September 01, 2018
In his article for Contingencies, “Taking Aim,” D. Joeff Williams, chairperson of the Council on Professionalism, Academy’s vice president for professionalism, and president-elect designee of the Academy, discusses actuarial professionalism and the challenge of engagement. (Contingencies, September/October 2018)

More Than 2,700 Attend Professionalism Webinar on the ASOPs

October 17, 2018
More than 2,700 people attended the Oct. 17 professionalism webinar, “The Anatomy of the ASOPs,” in which presenters examined issues related to the actuarial standards of practice (ASOPs) promulgated by the Actuarial Standards Board (ASB). Presenters ASB Chairperson Beth Fitzgerald, Vice Chairperson Kathy Riley, and member Cande Olsen explained the key concepts that help keep actuarial practice appropriate and compliant with the Code of Professional Conduct.

This Week, October 15-19, 2018

October 19, 2018

Solvency Committee Submits Comments to IAIS on Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame) Consultation Paper

October 19, 2018
The Solvency Committee submitted comments to the International Association of Insurance Supervisors (IAIS) on the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame) public consultation document dated July 31, 2018.

Work Group Submits Consolidated Comment Letter on Proposed Changes to Annuity Disclosure Model

October 18, 2018
The Annuity Illustration Work Group submitted a letter, consolidating their comments to the NAIC, on proposed changes to Annuity Disclosure Model Regulation #245. 

Subcommittee Comments on Impact of Corporate Tax Rate Change on HRBC

October 18, 2018
The Health Solvency Subcommittee sent comments to the NAIC's Health Risk-Based Capital (E) Working Group on the impact on Health Risk-Based Capital (HRBC) from the Tax Cuts and Jobs Act of 2017 (TCJA).

The Patient Protection and Affordable Care Act’s (ACA’s) Risk Adjustment Program: Frequently Asked Questions

Source :
October 4, 2018
Media Outlet: 
Congressional Research Service