Description: 1997 Valuation Actuary Symposium, Session 17 discusses market value measures and its uses in asset liability management.

Description: Thoughts on the future of financial reporting.

Description: This survey is the second in a series focusing on the impacts to cash flow testing and aims to collect and disseminate information regarding best practices around the potential impact of current market conditions.

Description: Actuaries and their IT counterparts are required to collaborate more frequently and on more complex projects than ever before. The recent accounting changes (LDTI, IFRS 17, PBR), investor demands for increased transparency, and competitive pressures have led to many insurers undertaking large actuarial and financial transformations. As a result, senior management is challenging their actuarial and IT leaders to develop new processes that use data in new and improved ways. The actuarial and IT functions are being tasked with not only delivering on changes to systems, processes, and data, but also with rethinking how their teams collaborate and interact

Description: The landscape of climate-related and sustainability-related disclosures has been changing and evolving. The approaches that companies will use under the new ISSB standards (IFRS - IFRS S1, IFRS - IFRS S2) remains to be seen. To help prepare for these standards taking effect, the SOA Research Institute Catastrophe & Climate Strategic Research Program Steering Committee is seeking researchers to conduct a literature search to lay out methodologies and approaches being considered to implement these new standards, along with common terminology and common language determination in the approaches.

Description: Read the December 2018 issue of The Financial Reporter, published by the Financial Reporting Section.

Description: Message from Financial Reporting Section Chairperson informing section members what section activities lie ahead in the upcoming year.

Description: Read the May 2020 issue of The Financial Reporter published by the Financial Reporting Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: A high-level review of the newly effective U.S. Actuarial Standard of Practice 56, Modeling

Description: This article lays conceptual foundations associated with projecting investment-related discretionary elements of various life insurance and annuity products. It outlines potential implementation approaches that may be appropriate when calculations are performed in a risk-neutral setting. The article concludes that crediting rates in risk-neutral models can be projected as in real-world models, except that the modeled provision for expected credit losses should be modified to equal real-world expected losses initially, but over the projection reflect management’s evolving expectation, moving ultimately to risk neutral expected losses.