Description: This session discussion is about outside actuarial profession's perspective on health care cost, insurer's role in medical care management, relationships between treatment decisions, available coverage, appropriate use of underwriting and paying for uncompensated care. From Record of Society of Actuaries Vol. 18, No. 1A.

Description: Feature article, second part in a series, about the International Accounting Standards Board’s (IASB) and of the Financial Accounting Standards Board’s (FASB) approach to revenue recognition related to International Financial Reporting Standards (IFRS) for insurance contracts.

Description: Feature article discussing the latest changes to International Financial Reporting Standards (IFRS) by the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB).

Description: Feature article describing the latest developments with the International Accounting Standards Board and the Financial Accounting Standards Board.

Description: Review of modeling of impact of proposed GAAP changes and commentary on preparedness based on company survey.

Description: This article summarizes recent proposed changes to the Valuation Manual that might take effect for 2019 valuations for PBR business.

Description: Many Americans will need long term care in future years, yet only 10 percent of those 50 and over have LTC insurance, and public programs are not funded to provide care for all who need it. The Long Term Care Section and the Forecasting and Futurism Section have co-sponsored a Delphi study, code named “Land This Plane,” with a lofty objective: to create a vision for how America ought to deal with the impending Long Term Care crisis. This article describes the results of the study that were available at the time this article was written.

Description: The article discusses what actuaries mean by "acting in the public interest." While the article is focused on the U.S. environment, it includes materials describing how other actuarial organizations are addressing this critical issue. The article concludes with observations that explaining to the public what the actuarial profession means by "acting in the public interest" is important for both the public and the members of the U.S. actuarial profession.

Description: Review of the fifth and final report in the 1960 Census Monograph Series created by the Social Science Research Council. Makes a compelling case for the monograph providing a good historical and statistical analysis of the changing U.S. population and demographics.

Description: This article explores the complexities and potential problems with respect to tax reserves that could result from a retroactive application of a principle-based reserves PBR approach for life insurance reserves.