Description: Panel discussion from the May 1982 Society of Actuaries meeting in Colorado Springs covering developments in Education and Examination. Topics discussed included: 1. Goals, purposes and objectives of actuarial education in general, and the Society's Education and Examination E & E program in particular. 2. Critique of the current E & E system. 3. Plans for and future directions of actuarial education, including the role of the academic community.

Description: Notes on the IAA meeting that took place in D.C. in May

Description: Actuaries are often intimately involved in insurance company merger and acquisition [M&A] activity. Actuaries are vital to the process because they have the key elements of knowledge to understand whether the numbers being raised really make sense. For actuaries working in M&A, this article offers a framework in which to view and perhaps improve their companies’ level of success.

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: One of the most important influences on the development of an insurance market and on the development of professions, such as the actuarial profession, is the nature of regulation. This paper looks at four main economic models of regulation: 1. Market socialism, 2. Freedom with publicity, 3. Public interest, and 4. Public choice theory. The role of profession and other sophisticated products of the market order are also analysed.

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

Description: This article from SOA president David Holland, speaks to the need of the actuarial profession to consistently evolve with the needs of the 21st century.

Description: This paper investigates a fundamental approach to the development of the expected cost of vesting in pension plans. From Transactions of Society of Actuaries 1972, Vol. 24, Pt. 1, No. 70.

Description: Submission components, format and considerations.