Description: This research report is a summary of an online survey and follow-up discussions with survey respondents on the current state of actuarial modeling controls within U. S. and Canadian life insurance and annuity companies. The current state was then compared to the results from the 2012 survey on this topic to examine the evolution in actuarial model controls and governance. The report also provides an industry assessment and proposes considerations for enhancing the current state towards a well-controlled governance framework.

Description: This paper seeks to discuss pension risk transfer in depth and to lead toward identification of key de-risking measures, alternatives, and triggers that impact pension risk transfer strategies. The paper provides high-level summaries of various de-risking methods and deconstructs each, allowing those who shish to engage in PRT the appropriate information. The paper focuses primarily on pension risk from the employer’s perspective. A developed framework for plan sponsors is included to help a sponsor self-navigate an organization through the rationale for pension risk management.