Description: The key tasks of credit risk capital project under CROSS II mainly focus onL(1 )Adjustment of measurement framework; (2) Calibration of risk factors, including both credit spread risk and credit default risk;3)Introduction of concentration risk measurement; (4) Higher requirement on look-through rule.

Description: This is a series of reports on topics including: 1. Recent legislative developments, 2. Report on Joint Actuarial Committee Meeting, and 3. Position statement by Robert J. Myers. From Transactions of Society of Actuaries, Vol 22, Pt. 2, No. 63.

Description: The Life Practice Area seeks input on strategic issues including the timeliness of experience reports, the increasing levels of regulation, defending risk classification, ant the viability of the actuarial profession.

Description: This article discusses the Society of Actuaries Foundation's first consumer education program and how it is filling a gap by providing information on Social Security.

Description: In this translation of an original article by Oscar E. Velandia, the role of the actuary in the Colombian insurance market place in light of regulatory change is examined. A comparison with the rules from the Solvency II Directive puts the actuarial function into context. In addition, the new financial reporting requirements set forth by IFRS 17 and the involvement of the actuary in finance is described.

Description: This session from the 1983 SOA Spring Meeting discusses the Society of Actuaries' review of its activities to determine if they comply with federal antitrust law. A specific item addressed was the recommendations on Theory of Dividends and Other Non-Guaranteed Elements in Life Insurance and Annuties. From Record of Society of Actuaries Vol. 9, No. 2

Description: In September 2017, the China Insurance Regulatory Commission (CIRC) issued the “C-ROSS Phase II project construction plan”, planned to be used across three years’ time, by perfecting the regulations, improving the operational mechanism and strengthening the regulatory cooperation.

Description: This research examines the intersection of US insurance ratemaking and analytics techniques in advanced modern rating systems and associated regulatory considerations in the US.

Description: A discussion of the contents of this issue of smalltalk including regulatory issues that impact insurance and smaller insurance companies. Also discussed are two major regulatory issues, health care reform and financial regulatory reform.

Description: This presentation is a panel discussion, session number 26PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The Enron scandal is likely to result in a more transparent disclosure of balance sheet liabilities. The panelists provide a professional/legislative update and offer pragmatic tips to valuation actuaries about how to respond effectively to increased scrutiny. They discuss the Corporate Accountability Act and the increased oversight of the accounting profession that will result, and the implications for actuaries working in accounting firms. They emphasize the importance for actuaries to be aware of the higher standards of independence and the need to follow actuarial standards of practice. Discussion from participants is included.