Description: Paper on the impact of investment advice regulations on personal actuaries.

Description: In the U.S., the insurance industry is regulated by the individual states. Learn more about the National Association of Insurance Commissioners (NAIC), which reviews and proposes model laws and assesses emerging issues.

Description: The US and EU are each pursuing modernization of their regulatory frameworks. The purpose of this paper is to provide a discussion of the emerging developments, the historical contexts or drivers of each, and potential implications for insurers. The paper discusses some of the global, wider financial services, and insurance specific activities underway that are influencing solvency developments for life insurers. It provides an overview of the differences in the current US and EU regimes and the regulatory changes underway. The paper then identifies key valuation implications, the impact on pricing and product design, and risk management implications.

Description: In the United States, the insurance industry is regulated by the individual states. To assist in uniformity, the National Association of Insurance Commissioners (NAIC) meets three times a year to review and propose model laws and assess emerging issues. This report examines the process from start to finish.

Description: These reports cover two Canadian topics. First is a summary of the Carter Commission Report that proposes a radically different tax system. Second is a report on the status of government involvement in health care.

Description: The purpose of this report is to start an informed debate on the issues surrounding the treatment of diversification in the solvency assessment of insurers. The members of the Chief Risk Officer Forum herein suggest a framework for how diversification should be treated within a prudential regulatory framework.

Description: This research examines the intersection of US insurance ratemaking and analytics techniques in advanced modern rating systems and associated regulatory considerations in the US.

Description: India is in the process of updating to a more risk-based capital framework. The article provides a high level introduction of the development and discusses some of the key design and implementation considerations.

Description: In this panel discussion from a 1963 SOA meeting, operations under the Keogh Act were explored. The act provides a method under which funds deposited in qualified retirement plans can grow and appreciate income-tax free and under which taxable income can be deferred. From Transactions of Society of Actuaries 1963, Vol. 15 Pt. 2.

Description: This papers considers the effects of taxing nominal rather than real returns from short term deposits. A system for taxing real returns is developed. The possible results from a change in the method of taxation, to the one proposed in the paper are discussed. From Actuarial Research Clearing House 1991, VOL. 1.