Description: Fall 2016 Exam Introductory Study Note

Description: Discusses how frequently should interim financial statements be prepared and how complete should they be, methods for estimating or computing reserve liabilities and other items, use of interim statements to forecast year-end results and methods for doing so.

Description: On March 5, 2022, an EF-4 tornado hit Iowa and caused 6 fatalities, according to preliminary reports.1 The supercell thunderstorm that produced the destructive tornado also produced damaging wind and hail events. According to the National Weather Service, this tornado was the first EF-4 tornado in Iowa since 2013 and was the second longest tornado path since 1980, with a path length of 69.5 miles.

Description: The aim of this project is to present proposals for Variable Uninsured Life Annuities—or “Value annuities.” The report and the accompanying models illustrate how Value annuities work. This is the Chinese translation

Description: The Society of Actuaries’ Committee on Finance Research is pleased to make available a research report covering the extent to which investment sectors have been contagiously affected by major disasters.

Description: The Chinese insurance market is grappling with product innovation, business growth and regulatory oversight as it tries to keep pace with a sharp growth in demand across product segments. In this context, the authors have highlighted insurance trends in China, based on available research and literature, with a particular focus on topics that will drive the enterprise risk management (ERM) function of insurance companies. ERM provides an opportunity for insurers to identify and mitigate potential insurance risks by enhancing their policies and risk management activities. This report explores the insurance trends in detail, drawing on findings from interviews of practitioners in the Chinese market, to provide context for the drivers of ERM transformation.

Description: This paper addresses specific details of measurement principles and practice that the actuary should consider when planning to conduct or review a study of care management interventions. Three major topics are covered: Measurement Principles, Study Design Issues, and Risk Factors. Paper 2 of an 8 paper series on 'An Introduction to Care Management Interventions and Their Implications for Actuaries'

Description: A supplemental report conducted in 2009 to contrast results of the 2008 study, 'Will Retirement Assets Last a Lifetime'? It discusses retirees confidence in having sufficient assets to fully fund their retirement, their willingness to take risk, efforts to control spending and their use of financial advisers.

Description: This paper uses a hypothetical game to illustrate issues facing the life insurance industry, specifically distribution costs.

Description: This is a discussion about smaller companies and the pros and cons of competing with larger companies. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2