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: These are the meeting minutes from the Annual Meeting of the Society of Actuaries held in Cincinnati, OH on October 2-4, 1958.

Description: Learn about key actuarial and analytic tools and methodologies used by commercial health insurance to identify and quantify drivers of healthcare cost and utilization (including wasteful and low-value ones) and risks. Use case scenarios in which these tools and methodologies apply, such as underwriting, reinsurance, medical management for population health and chronic diseases, managed care contracting, insurance market reform, provider payment reform, etc., will also be covered. Experience from the U.S., China and other parts of the world will be shared.

Description: These are the meeting minutes from the Western Spring Meeting of the Society of Actuaries held in Chicago, IL on June 5-6, 1958.

Description: Survey of the experiences of actuaries working internationally.

Description: These are the meeting minutes from the Eastern Spring Meeting held in Philadelphia, PA on April 10-11, 1958.

Description: A description of the election process within the SOA, the role of the Board of Governors, and how the process has evolved from an on-the-spot balloting process to a mail-in process.

Description: In the article in The Actuary, April 1972 the writer referred to the 15-year study of aging by Professor Edman Palmore of the Center for the Study of Aging and Human Development of Duke University. His research indicated that work satisfaction was the best overall predictor of longevity and the second was overall happiness, reflecting a person's general satisfaction with his or her situation. The author discusses Work in America a paper written during the Nixon administration.

Description: The letter from the SOA president shares a personal history of actuarial education to achieve prestigious actuarial credentials, and emphasizes the importance of partnering with international actuarial organizations.

Description: Since the international financial crisis, accounting standards have become an important part of financial supervision rules, which objectively requires us to study the reform and development of accounting standards from the perspective of financial stability. Since the release of IFRS17 in 2017, the research and discussion of IFRS17 in the insurance industry has focused on technical details and implementation, while the economic impact and pros and cons analysis of IFRS17 are few. As a result, the industry's understanding of IFRS17 is not comprehensive enough, and there are still many disputes, and no industry consensus has been formed. In the future, the insurance industry should strengthen the research and analysis of IFRS17 from the perspective of financial stability, deepen the understanding and cognition of IFRS17, and improve the ability to control and use IFRS17.