Description: Status of state passage of the new Actuarial Opinion and Memorandum regulation and its effect on Section 7 opinions.

Description: The Actuarial Opinion and Memorandum Regulation states that the purpose of asset adequacy analysis is to certify that assets are adequate to cover reserves under “moderately adverse conditions.” This article discusses the determination of whether an interest yield scenario is moderately adverse or extreme.

Description: This article describes the sessions being sponsored by the Smaller Insurance Company Section at the upcoming annual meeting.

Description: Appreciation for Robert Guth’s Contributions to SmallCo.

Description: What are the possible future implications to insurance companies of significant improvements in mortality? How can futurism techniques be used in research? The formation of the mortality improvement study group at the Principal Financial Group was the first step toward examining the issue of mortality improvement. In an interactive format, we will present what we learned about mortality and futurism techniques by participating in this group.

Description: This article discusses how actuaries can determine whether they are qualified to do various kinds of actuarial work. The article refers to the code of professional conduct, the qualification standards, and the "look in the mirror" test. The article describes five case studies that provide examples of how to determine whether an actuary should accept a work assignment. A key conclusion is that actuaries are best protected if they use good professional judgment and do quality work.

Description: This presentation is an open forum from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. The panelists discuss long-term care insurance from various viewpoints, including the consumer’s desires, needs, knowledge, and interests, intermediaries' role in defining benefits, cost of benefits such as inflation protection and nonforfeiture, financial ability to purchase, buying attitudes of the public for coverage, and trade-offs between price and features. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 3B.

Description: A description of the changes brought about by the tax reform in December 2017.

Description: Managing Actuarial Function in a Small Insurance Company in the U.S.United States and Canada

Description: This article discusses the pending elimination of Section 7 exemption for small companies.