The PBR Strategy Subgroup sent a comment letter to the NAIC's Life Actuarial Task Force regarding an updated version of the AG 48 exposure draft.
The P/C Risk-Based Capital Committee submitted comments to the National Association of Insurance Commissioners on the Reinsurance Association of America's updated proposal on reinsurance credit risk factors.
How does an actuary go about changing practice areas, ensuring that he or she is qualified to perform actuarial services in the new area? The head of the Academy’s Council on Professionalism outlines what the Qualification Standards require. Read this story and much more.
The Rate Review Practice Note Work Group released for exposure a new practice note on rate filings, review, and disclosure under the Affordable Care Act for calendar year 2015 and beyond. Comments on the exposure draft should be submitted by Oct. 27.
The ERM/ORSA Committee released an overview of the key content of an Own Risk and Solvency Assessment (ORSA) and the components of an ORSA for which actuarial input may be useful.
The Life Practice Council presented a webinar reviewing the National Association of Insurance Commissioners (NAIC) Summer 2014 National Meeting, including a rundown of the most recent Life Actuarial (A) Task Force meeting, a discussion of the activities at the Life Risk-Based Capital (E) Working group, an update on the Kansas Field Test, and XXX/AXXX captives developments.
