The Life Reinsurance Work Group submitted a comment letter to the Life Actuarial (A) Task Force on exposed amendment proposal forms 2019-17 and 2019-24, which pertain to yearly renewable term reinsurance. (April 16, 2019)
The C-2 Work Group provided an update to the Life Risk-Based Capital (E) Working Group at the NAIC Spring 2019 National Meeting. (April 07, 2019)
The Longevity Risk Task Force provided an update on its field study results, key assumptions, and next steps to the Life Risk-Based Capital (E) Working Group at the NAIC Spring 2019 National Meeting. (April 07, 2019)
The PBR Governance Work Group gave an update on Academy PBR involvement to the Life Actuarial (A) Task Force at the NAIC Spring 2019 National Meeting. (April 05, 2019)
The SVL Interest Rate Modernization Work Group gave an update to the Life Actuarial (A) Task Force at the NAIC Spring 2019 National Meeting. (April 04, 2019)
In preparation for the IAA Council & Committee Meetings that will take place May 15-18 in Washington D.C., Academy staff members have put together a locals’ guide of the city with recommendations for the best places to eat, sights to see, and helpful hints so first-time visitors can make the most of their time in Washington. Download it here. For the mobile-friendly version, click here. (April 15, 2019)
The Life Reserves Work Group gave a presentation to the Life Actuarial (A) Task Force on Amendment Proposal Form 2019-29, which deals with VM-20 and clearly defined hedging strategy requirements. (April 04, 2019)
The Life Reserves Work Group gave a presentation on the PBR treatment for individually underwritten group insurance to the Life Actuarial (A) Task Force. (April 04, 2019)
The Annuity Reserves Work Group gave an update on the VM-23 proposed timeline to the Life Actuarial (A) Task Force at the NAIC Spring 2019 National Meeting. (April 04, 2019)
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. (April 12, 2019)
The April HealthCheck covers Academy health presentations at the NAIC 2019 Spring National Meeting, including on long-term care insurance; recent comment letters to the Department of Health and Human Services and the Centers for Medicare & Medicaid Services; and state and federal legislative, judicial, and regulatory activity. (April 10, 2019)
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. (April 05, 2019)
The Multiemployer Plans Committee submitted comments to the Pension Benefit Guaranty Corporation (PBGC) regarding simplified methods and other aspects of computing withdrawal liability under the Multiemployer Pension Reform Act of 2014. (April 05, 2019)
The PBR Review Procedures Work Group released an exposure draft of a practice note: Common Practices of Examining Actuaries Involved in Statutory Financial Solvency Examinations of Life and Health Insurers, Including Considerations for Principle-Based Reserves. Comments are due to the Academy on Monday, July 1, 2019. (April 02, 2019)
The Medicare Subcommittee sent a comment letter to the Department of Health and Human Services’ Office of the Inspector General on a proposed rule on safe harbor protection for rebates involving prescription pharmaceuticals and the creation of new safe harbor protections. (April 04, 2019)
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