Description: A discussion of the concept of a best practice

Description: Metadata for entire issue

Description: July 2019 issue of Small Talk by the Smaller Insurance Company Section. Practical information for actuaries, trends that impact section, and section activities.

Description: The article is Part 1 of two articles that provide a case study for the development of a profitability and risk dashboard. The sample dashboard provides distilled information regarding actual to expected (A/E) ratios for key risks, agent quality scores and customer value scores. The dashboard would also provide the value of new business written, surplus strain, debit balances, and expected losses on debit balances at different levels, down to the agent level. A product mix index is provided, together with visual comparisons of key metrics to the company's business plan. The Part 2 article will add information to the dashboard regarding risk margins, target capital, and company value.

Description: The authors reflect on the 2023 SOA ImpACT Conference. They share some of the networking opportunities, and give overviews of the general sessions as well as some of the breakout sessions. They discuss reasons for attending an in-person meeting beyond getting continuing professional development credits.

Description: Written from a regulatory perspective, the article covers the purpose of regulation and some regulatory expectations. The topics include the appointed actuary's involvement in corporate governance, reasonability of results when compared to prior results, data quality, familiarity with the company's annual statement and applicable statutes, and areas where appointed actuaries can add value though services provided to smaller life insurance companies.

Description: This was a review of a June 4, 2013 SOA webinar. Jerry Enoch was the moderator. Presenters were Mark Birdsall, Mike Boerner, and Perry Kupferman, regulatory actuaries with Kansas, Texas, and California. The intent was to improve communications between small company actuaries and regulators by clarifying expectations and addressing some issues. ORSA and AG38 were mentioned but the focus was on current Appointed Actuary filings and future PBR requirements.

Description: Describes a process for identifying relevant industry experience to credibility-weight with relevant company experience to set modeling assumptions and margins.

Description: A brief discussion on the importance of governance and documentation being in place. The article provides some resources to assist in the development, and the reasons behind having it in place.

Description: Article about how all the changes have not really affected our basic work.