Description: Valuation Approaches for FAS 133 DIG Issue B36: Embedded Derivatives: Modified Coinsurance Arrangements and Debt Instruments That Incorporate Credit Risk Exposure That Are Unrelated or Only Partially Related to the Creditworthiness of the Obligor Under Those Instruments”

Description: Chairman’s column discussing 2012 accomplishments and 2013 and plans for the Financial Reporting section.

Description: Feature article discussing the IASB’s and FASB’s introduction of the use of other comprehensive income (OCI) to report certain changes in the value of insurance contracts.

Description: Practical Considerations for Implementing the New Statement of Position for Long Duration Contracts and for Separate Accounts –

Description: Discussion of some of the implications of FAS 133 Implementation Issue B36 for the Financial Reporting of Reinsurance

Description: This article describes the draft guidance for the treatment of reinsurance by the IASB and FASB. It analyzes several alternative potential approaches to recognizing gains and losses from reinsurance from the perspective of the ceding company.

Description: The section chairperson reflects on the changes that have occurred over the last year and changes that will happen in the near future for the section and the industry.

Description: Feature article summarizing the discussions of The Assumption Development and Governance Group (sponsored by the Financial Reporting and Product Development Sections)—a group formed in April to offer an opportunity for actuaries to participate in discussions around key topics and establish industry contacts in the field of assumptions.

Description: Feature article describing how insurers that see beyond seemingly simple baseline requirements can leverage ORSA compliance to bolster ERM capabilities.

Description: Chairperson’s column discussing the latest initiatives of The Financial Reporting Section of the Society of Actuaries.