Description: The next evolution of actuarial systems in the U.S. will likely be a move toward a single system solution. This article defines a single system solution and illustrates how models can be shared across actuarial functions, the potential benefits of a single system solution, and describes potential mitigation strategies to address typical actuarial concerns.

Description: Insights from chief accounting, legal and tax actuary on best practices for collaboration on product development and financial reporting.

Description: John Naisbitt, in Megatrends, defined a megatrend as a general shift in thinking or approach affecting countries, industries and organizations. This article challenges actuaries to consider off-the-charts factors within their risk maps and consider their potential impact.

Description: Reviews anecdotal evidence that the current shift to passive investing is an indication that investors are irrationally ignoring market risk.

Description: Although crisis management remain often seen through a “communication lens”, it has in reality more in common with risk management than usually thought. Both crisis and risk management are anticipatory endeavors, with most of the work being carried out in peace time; both require a deep understanding of the organization’s activities and ecosystem; both have the same overarching objective to enable the organization to survive a brutal change to its usual operating conditions. Developing integration between the two functions would thus go a long way toward a more resilient organization.

Description: A summary of themes from the speculative fiction contest.

Description: This article describes how actuaries can get involved in section research including participation on a Project Oversight Group (POG).

Description: Terra Brasis Re is a local multi-line Brazilian Reinsurance company operating since 2012. Terra Report is a comprehensive report that analyses and provides insightful comments regarding the Brazilian reinsurance market on a quarterly basis both in English and Portuguese. It is akin to a financial report provided by the Investment houses on specific industries and Terra Report has received high praise both within Brazil and internationally. The SOA Newsletter Reinsurance News recently interviewed Rodrigo on the development of this report.

Description: This article examines potential impacts of old age mortality and how it affects maturity extension riders for universal life.

Description: A look back at the 30 years since the Health Section was formed.