Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • New York Implements PBR Plus
    option, mortality is assumed to follow the 2012 Individual Annuity Mortality (IAM) Basic Table with projection ... projection of specified mortality improvements. Postelection, the mortality assumption is required to ...

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    • Authors: Felix Shirripa (Felix)
    • Date: Jun 2020
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Life Insurance
  • Regulatory Update for 2013
    (NAIC) Fall Meeting, a new Individual Disability Table for active life and claim reserves was presented ... periods than the 1985 table. The Health Actuarial Task Force (HATF) adopted this table, but with a long ...

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    • Authors: Norman E Hill
    • Date: Mar 2014
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • In-Person Meetings Make an ImpACT: Highlights from the 2023 SOA ImpACT Conference
    to reflect on from the week. Michelle: This year's conference fell in the middle of seven weeks of business ... of vendors, recruiters, reinsurers, and the event's community partner, Pack Away Hunger. This year, the ...

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    • Authors: Michelle Grusenmeyer, Alixandra Balestra
    • Date: Dec 2023
    • Competency: External Forces & Industry Knowledge; Professional Values; Relationship Management
    • Publication Name: Small Talk
    • Topics: Actuarial Profession; Actuarial Profession>Best practices; Actuarial Profession>Ethics; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice
  • Small Talk, June 2020
    indirectly, assumptions related to morbidity, mortality, asset values, interest rates, behavioral assumptions ... Do payout annuities really offer an internal mortality hedge against life insurance policies? Can an ...

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    • Authors: Society of Actuaries
    • Date: Jun 2020
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Life Insurance
  • Principles Based Valuation—Should SmallCompanies Be Steamed by This Steamroller?
    hold smaller statutory S M A L L E R I N S U R A N C E C O M PA N Y S E C T I O N “A KNOWLEDGE COMMUNITY ... 6 Update on Preferred and PreNeed Valuation Mortality Tables By Roger K. Annin ....................

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    • Authors: Norman E Hill
    • Date: Jun 2006
    • Competency: External Forces & Industry Knowledge; Professional Values
    • Publication Name: Small Talk
    • Topics: Actuarial Profession>Standards of practice; Annuities>Reserves - Annuities; Life Insurance>Reserves - Life Insurance
  • A Better Random Number Generator
    A Better Random Number Generator With the adoption of the C-3 Phase 2 Project of the American ... Generator RNG to develop the random scenarios. Annuity reserves;Life reserves;Principles-based reserves=PBR; ...

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    • Authors: Christopher Davis
    • Date: Jun 2006
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models
  • Approach in Drafting a Unified Valuation Law - Issues without End
    Approach in Drafting a Unified Valuation Law - Issues without End This article explains the ... his own opinions. Actuarial Standards Board=ASB;Annuity reserves;Assumptions;Cash flow testing;Generally ...

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    • Authors: Norman E Hill
    • Date: May 1998
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Long-Term Care Insurance Section, Issue 55, Long-Term Care News
    covered services. • Coverage is involuntary—all U.S. citizens ages 18 and older are automatically enrolled ... approximately 55. Table 1 summarizes some additional key characteristics for each block. Table 1 Key Characteristics ...

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    • Authors: Society of Actuaries
    • Date: Jun 2020
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Long-term Care
  • Accessing and Using Public Data: A Primer for the Health Actuary
    Other federal data: The Census Bureau, part of the U.S. Department of Commerce, is one of the primary sources ... This site is a gateway to statistics from over 100 U.S. Federal agencies and provides direct access to ...

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    • Authors: Denise Love
    • Date: Nov 2005
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Experience Studies & Data>Morbidity; Health & Disability
  • Section 7 Update
    Article from: Small Talk Newsletter November 2000 – Issue No. 21 Last November, I wrote an article ... values any of their business using the new mortality table. This will impact many companies for year-end ...

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    • Authors: Mark C Rowley
    • Date: Nov 2003
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting