Description: This article summarizes the results of the first part of a U.S. Appointed Actuaries survey asking about the usefulness of the various documents that have been created to guide valuation actuaries.

Description: The Society’s Committee to Recommend a New Mortality Basis for Individual Annuity Valuation was formed in 1980 at NAIC request because the margins in the 1971 IAM Table had eroded. This article describes the development of the 1983 Table a and shows how well the 1973 Experience Table fits the underlying data.

Description: In this increasingly global economy, actuaries frequently find themselves in situations involving cross-border practice. This is particularly true for U.S. and Canadian actuaries. This article is about recent agreements and discussions among the U.S. actuarial organizations and the Canadian Institute of Actuaries [CIA] that clarify how the various actuarial standards apply to cross-border activities.

Description: This article discusses the charge of a joint committee of the SOA and American Academy of Actuaries to define the role of the valuation actuary in the U.S.A.

Description: U.S. actuaries working in Canada are subject to Canadian code of conduct rules. This article explains the operation of the CIA with respect to this issue and compares discipline procedures in the U.S versus Canada.

Description: Chronicles the two-year history of the Committee on Life Insurance Company Valuation Principles, COLICVP, and looks ahead to the future.

Description: The SOA president emphasizes the importance of actuaries maintaining their level of professionalism by always striving to inform and prepare the decision maker with all the possibilities, not just the quick answers or the minimum level of disclosure.

Description: Article on the need for continuing education for actuaries

Description: Article from The Actuary, November 1971 – volume 5 - Issue 9 is an update on the current efforts of the ALC-LIAA Joint Actuarial Committee to bring about certain changes in the Standard Valuation Law and the Standard Non-forfeiture Law. These efforts may have an important influence on operations of life insurance companies in the United States.

Description: Discusses what triggered the Morris review, what it found, and what it might mean to the actuarial profession in the UK.