Description: President Gary Corbett cites the major issues he sees facing the SOA: education and examinations, research, actuarial principles, strengthening the profession, the future of the actuary/the actuary of the future, and employee benefits.

Description: The Use of Reliance in Actuarial Opinions by Frank S. Irish from The Financial Reporter, December 2002, Issue No. 51.

Description: In this article, the author comments about an exposure draft of a proposed revision of Actuarial Standard of Practice 23 dealing with data quality.

Description: A review of a webcast on Sarbanes-Oxley including a brief update on Sarbanes requirements, including some practical aspects of the Sarbanes “life cycle,” including living with Sarbanes beyond implementation.

Description: In September 2005, the AICPA issued SOP 05-1, Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts. The SOP provides accounting guidance for DAC on internal replacements of insurance and investment contracts other than those specifically mentioned in FAS 97. Article discusses implementation issues.

Description: This article is intended to provide young actuarial professionals and job seekers with tips on succeeding in remote interviews.

Description: Presented at June 1996 Spring Meeting. This discusses the effect on pension plans of mergers and divestitures and looks at the importance of due diligence as part of the process. The discussion also presents the reality of actuaries on trial for negligence.

Description: From a session at a meeting of the Society of Actuaries held in Las Vegas, NV May 22-24, 2000 Discussion of expert witness testimony, the process involved in preparing expert witness reports, and the pitfalls.Also discussion of the differences between the role of expert witness versus a consultant to a lawyer. The proposed Actuarial Standard of Practice on expert witness work is also incorporated. Learn from two skilled professionals about the reason for expert witness testimony, the process involved in preparing expert witness reports, and the joys and pitfalls encountered.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the current life insurance company merger and acquisition environment, and determining the value of a life insurance company. Topics include the actuarial valuation methodology, including the just adopted actuarial standard of practice, investment analyst valuation, and the risks associated with change of control. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: Panelists consider the future environment of the valuation actuary in the U.S., the current environment in Canada and elsewhere, and the likely future methods of determining financial solvency in the U.S. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.