Announcement: SOA congratulates the new FSAs for June 2024.

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  • Small Company, Big Data
    change as well. The mom-and-pop approach to customer care will also slowly lose its appeal as the new generation ... processes. Actuaries, especially those who are the primary producer of the business intelligence in the small ...

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    • Authors: Ying Zhao, WIN GEORG
    • Date: Dec 2018
    • Competency: Leadership>Thought leadership; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Small Talk
    • Topics: Technology & Applications>Analytics and informatics; Technology & Applications>Data warehousing
  • Higher-Yielding Investment Strategies for Small Insurance Companies: Worth the Risk?
    versus other areas of fixed income. Therefore, the primary risk inherent in bank loans is credit risk as ... are fairly straightforward in concept. Non-fund direct investments are treated like a traditional corporate ...

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    • Date: Mar 2015
    • Publication Name: Small Talk
  • Don’t Forget Your Reinsurer Revisited –15 Years Later
    interaction and discussion going on between the direct company actuaries and the reinsurance actuaries ... reinsurance volume assumed (by reinsurers) and ceded (by direct companies) requires additional lead time to develop ...

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    • Authors: Philip Velazquez
    • Date: Nov 2005
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Small Talk
    • Topics: Life Insurance; Reinsurance
  • Managing Model Risk
    model risk. Why is this a growing challenge? The primary reason is that the models now coming into play ... sign-offs, and other drudge-work that seems of little direct benefit. But you should know that accounting controls ...

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    • Authors: Trevor Howes
    • Date: Jan 2012
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Small Talk
    • Topics: Modeling & Statistical Methods
  • The 2005 Version of the Generally Recognized Expense Table GRET
    system cate- gories. These were Branch Office, Direct Marketing, Home Service and All Other. This sorting ... all expense categories of the branch office and direct marketing groups. For the Home Service and Other ...

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    • Authors: Leon Langlitz
    • Date: Nov 2004
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Small Talk
    • Topics: Actuarial Profession>Standards of practice; Life Insurance>Expenses - Life Insurance; Public Policy
  • Modeling CMOs
    which the facing small insurers who want to issue primary company will manage the equity-indexed annuities ... the in assets, has chosen to enter the equity- primary company can serve as the basis indexed marketplace ...

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    • Authors: DALE ALLEN HALL
    • Date: May 1998
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Small Talk
    • Topics: Finance & Investments; Modeling & Statistical Methods>Asset modeling
  • Tax Update
    important element of both accounting systems. The primary purpose of the deferred tax concept is to account ... treatment, wherein changes in DTAs and DTLs are a direct adjustment to capital and surplus. • Other items ...

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    • Authors: Edward Robbins, Brian King
    • Date: Nov 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Tax accounting
  • Principle-Based Reserves PBR – More Trends, But Not Resolution
    (VM21) and health insur- ance, including long-term care (VM25). If SVL was adopted among the states, completely ... to require separate cash flow projections for direct and reinsurance ceded portions. 7. Numerous ...

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    • Authors: Norman E Hill
    • Date: Dec 2008
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Updated Regulatory Gamut—From OFC to PBR and In Between
    provision that, on heavily coinsured term insurance, direct versus ceded modal pre- mium differences would ... annuities and health insurance, including long-term care. Summary As always, there are a host of regulatory ...

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    • Authors: Norman E Hill
    • Date: Nov 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Small Talk
    • Topics: Public Policy
  • The Year 2000 Clock Is Ticking
    This hotly argued rec- ommendation will have a direct impact on the bottom line and give rise to addi- ... complacency. Corporate law typically imposes standards of care on the company’s managers and directors which could ...

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    • Authors: Mike Lombardi
    • Date: May 1999
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Small Talk
    • Topics: Enterprise Risk Management>Operational risks; Technology & Applications>Computer science; Technology & Applications>Software