The Academy's May Capitol Forum webinar, International Insurance Regulation 101: The International Association of Insurance Supervisors, will now be taking place on Friday, May 22, from 2:00 to 3:00 p.m. George Brady, deputy secretary general of the International Association of Insurance Supervisors (IAIS), will provide an overview of IAIS and its activities.
The Financial Reporting Committee (FRC) submitted comments to the Financial Accounting Standards Board (FASB) on its proposed accounting standards update-Derivatives and Hedging (Topic 815): Disclosures about Hybrid Financial Instruments with Bifurcated Embedded Derivatives.
The Solvency Committee submitted written testimony to the U.S. House Financial Services Subcommittee on Housing and Insurance for its hearing on “The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers.”
The Solvency Committee submitted written testimony to the U.S. Senate Banking Subcommittee on Securities, Insurance, and Investment for its hearing on "Examining Insurance Capital Rules and FSOC Process."
The Risk Management and Financial Reporting Council and Financial Reporting Committee sent comments to the Federal Insurance Office (FIO) on U.S. GAAP loss recognition testing and Insurance Core Principle (ICP) 14 current estimates.
Senior Health Fellow Cori Uccello submitted written testimony to the U.S. House Ways and Means Subcommittee on Health for its hearing on alternatives to the individual and employer mandates under the Affordable Care Act (ACA).
The Academy has released a report outlining potential ethical concerns facing U.S. actuaries today.