Description: The article discusses the proposed revisions to the AOMR Actuarial Opinion and Memorandum and how it will affect insurance companies.

Description: This article is about the challenging role of the actuary in business and how Canada's resolution to this challenge can benefit the profession as a whole.

Description: This session from the 1993 Valuation Actuary Symposium discusses issues affecting small companies such as actuarial standards of practice, regulatory concerns and practical experience. It covers whether asset adequacy analysis must be done depending on Section 7 or Section 8 status, the liabilities that must be covered in the appointed actuary's opinion, reliance on others and cash flow testing exemption criteria.

Description: This article reviews some of the highlights of th 2010 SOA Annual meeting including the impact on pricing resulting from Solvency II, Market Consistent Valuation of New Business - MCVNB, the latest on mortality, Standards of Practice in product development, managing risk in product design and a regulation update.

Description: The October/November 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: The ACLI porposed some changes to the current Standard Valuation Law even though Principles Based Reserving PBR is being considered as SVL II by the regulatory community. This article outlines the current SVL, those recent changes to the current SVL and the implications of the changes.

Description: This presentation is an Interactive Forum, session number 20IF, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss the American Academy’s Valuation Task Force and its committees working on the proposal to revise the Standard Valuation Law, referred to as the Unified Valuation Law [UVL], to update participants as to the status of the committees’ work. They provide a description of the activities currently taking place, and an update of where the revisions process stands and what the next steps are. The current system versus what is proposed are discussed, including concerns of regulators. Discussion from participants is included.

Description: This presentation, session number 100PD, took place at the 1999 Spring Meeting of the Society of Actuaries, held June 16-18 in Seattle. “The actuarial profession is coming under increasing pressure, both internally and externally, to release more pension-related standards. The Pension Committee of the Actuarial Standards Board has responded and is in the process of completing up to four new standards by the end of 1999.” The panelists discuss the recently released Domestic Relations Standards second specific draft and the Demographic Assumptions Standard. Ongoing concerns are reviewed, such as how to write a standard that is not overly restrictive or does not target the appropriate audience. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 2.

Description: The authors reflect on the 2023 SOA ImpACT Conference. They share some of the networking opportunities, and give overviews of the general sessions as well as some of the breakout sessions. They discuss reasons for attending an in-person meeting beyond getting continuing professional development credits.

Description: This article discusses the reservations small companies may have about the Principles Based Valuation proposal. Instead of prescribed methods, assumptions, and tables for statutory reserves, they would be computed based on actuarial judgment in accordance with standards of practice. of practice.