Public Policy Presentations

ERM/ORSA Committee presentation at the ERM Symposium in New Orleans on the committee’s 2016 practice note, Quantifying Risk Exposures for Own Risk and Solvency Assessment Reports. (April 21, 2017)
Health Practice Council presentation to NAIC’s Health Insurance and Managed Care Committee on potential changes to the Affordable Care Act through possible legislation and administrative actions. (April 9, 2017)
Tricia Matson, chairperson of the Longevity Risk Task Force, gave a presentation to the NAIC's Life Risk-Based Capital (RBC) Working Group regarding the development of a methodology for recognizing longevity risk in statutory reserves and RBC.  (April 8, 2017)
Health Practice Council presentation to NAIC’s Health Actuarial Task Force on potential changes to the Affordable Care Act through possible legislation and administrative actions and actuarial considerations. (April 7, 2017)
Mary Bahna-Nolan, chairperson of the Academy’s Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on the joint committee’s work to address the Life Actuarial Task Force (LATF) request for information on simplified issue and accelerated underwriting mortality under VM-20. (April 6, 2017)
Mary Bahna-Nolan, chairperson of the Academy's Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on guaranteed and simplified issue and preneed mortality tables to the Life Actuarial Task Force (LATF). (April 6, 2017)
Academy Senior Casualty Fellow Jim MacGinnitie presented the Actuaries Climate Index and Actuaries Climate Risk Index to the Inter-Agency Forum on Climate Change Impacts and Adaptations meeting at NASA headquarters in Washington. (March 16, 2017)
Nancy Bennett, Senior Life Practice Council Fellow, and Rich Owens, member of the Academy C1 Work Group, presented an update on portfolio adjustments to the C1 factors for corporate bonds to the NAIC Investment Risk-based Capital Working Group (December 11, 2016)
John Miller and Chris Olechowski, co-chairs of the Annuity Reserves Work Group, provided a non-variable annuity PBR update to LATF’s VM-22 Subgroup. (December 8, 2016)
Tricia Matson, chair of the Longevity Risk Task Force, gave an update to LATF on the task force’s work, including creating a methodology for recognizing longevity risk in statutory reserves and risk based capital (RBC) and reviewing regulatory and company approaches to longevity risk. (December 8, 2016)
Mary Bahna-Nolan, chairperson of the Joint Academy Actuaries Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on guaranteed and simplified issue and preneed mortality tables to the Life Actuarial Task Force (LATF). (December 8, 2016)
Mary Bahna-Nolan, chairperson of the Joint Academy Actuaries Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on the new joint initiative of the Academy and the SOA in formulating a work group to address the Life Actuarial Task Force (LATF) request for information on accelerated underwriting mortality under VM-20. (December 8, 2016)
Academy Senior Life Fellow Nancy Bennett presentation to the National Conference of Insurance Legislators (NCOIL) National Meeting that provides an update and background on the implementation of principle-based reserving (PBR). (November 18, 2016)
The Longevity Risk Task Force gave a presentation to the Financial Stability Oversight Council (FSOC) Nonbank Designations Committee on longevity risk in annuity and life insurance. (November 1, 2016)
Longevity Risk Task Force presentation to the Federal Reserve Insurance Policy Group on longevity risk in annuity and life insurance. (September 30, 2016)
Long-Term Care (LTC) Credibility Monograph Work Group presentation on increasing the awareness of the applicability of credibility procedures to LTC insurance-related work, providing information on current practices, and outlining considerations and suggestions for advancing actuarial practice in LTC insurance. (August 25, 2016)
Mary Bahna-Nolan, chairperson of the Life Experience Committee, update on guaranteed issue and preneed mortality table to the Life Actuarial Task Force (LATF). (August 24, 2016)
John Miller, chairperson of the Annuity Reserves Work Group, provided a non-variable annuity PBR update to LATF’s VM-22 Subgroup. (August 24, 2016)
Art Panighetti, a member of the Longevity Risk Task Force, update to LATF on the task force’s work, including creating a working definition of “longevity risk,” analyzing U.S. mortality tables and reviewing regulatory and company approaches to longevity risk. (August 24, 2016)
ERM/ORSA Committee presentation to the National Association of Insurance Commissioners' (NAIC) ORSA Implementation (E) Subgroup on the committee's recently released policy paper and practice note. (August 10, 2016)