Description: This article summarizes the treatment of changes in the basis for determining life insurance tax reserves under prior law and describes the changes enacted by the Tax Cuts and Jobs Act. It further explains the procedures for changing the basis of computing reserves under the new rules as outlined in Revenue Procedure 2019-10, the IRS’s December 2018 guidance on the subject, and discusses the uncertainties that remain.

Description: This session discusses the role that the SOA, AAA and actuaries have played in developing/analyzing various federal health care reform proposals. What will the future hold for practicing health actuaries? From Record of Society of Actuaries Vol. 20, No. 3A.

Description: There are reasons for the retirement actuary to be optimistic about the future of our practice. There are reasons to believe that actuaries will play an increasingly large and valuable role in the retirement industry and there are significant opportunities for growth—from both an individual and a profession wide perspective— within the pension consulting field.

Description: Panelists at an Annual Meeting session discuss the actuarial world and current state of the life insurance industry .

Description: The Health Section chairperson discusses the past year's activity, especially the Visions for the Future of the U.S. Health Care System essay contest, and an update on the Untapped Opportunities for Actuaries in Health initiative.

Description: The Taxation Section recently conducted a survey to gather information on the role of the tax actuary within insurance companies.

Description: NAIC Approves SOA GI Track for Qualified Actuary Education.

Description: The Society of Actuaries (SOA) has recognized the University of Waterloo and the University of Manitoba as University-Earned Credit (UEC) Centers of Actuarial Excellence (CAE). With this UEC designation, students at these universities can earn credit for designated SOA exams by attaining a required score on university coursework.

Description: A real life situation is posed involving a management, leadership, or other business decision, and readers are invited to submit their responses to "What Would You Do?" This issue’s case study involved deciding whether or not to take an actuarial job that didn't seem that interesting, in order to work for a dynamic boss.