Description: Though some defined contribution plans have added retirement income options in the form of annuities, there is a challenge to retirees in deciding whether to select such options and if so the amount to purchase. This article discusses a variety of considerations that retirees should be aware of when making a decision to annuitize.

Description: Feature articles discussing the risks created by climate change.

Description: This article explores recent regulatory developments, in the U.S. and the E.U. related to artificial intelligence, and briefly discusses steps insurers can take to get ahead of the curve.

Description: As 2023 was the hottest year reported year globally, the study of the effects of excessive heat may significantly affect actuarial practice, including the quantification and management of its consequential and related risks.

Description: Review of non public options to finance care including personal savings, revers mortgages, family care and private insurance.

Description: Brief discussion of highlights of past Living to 100 Research Symposia, urging readers to attend 2023 symposium

Description: An interview with Bozenna Hinton, the newly elected President of the International Actuarial Association (IAA). In this wide-ranging conversation, President Hinton shares her vision for the IAA, discusses emerging trends in actuarial education, and offers insights on how the Society of Actuaries (SOA) and its members can contribute to the global actuarial community.

Description: This article discusses considerations for statistical biases that may arise in LTC blocks due to historical benefit reductions. The article explores these biases in the context of experience studies and experience projections.

Description: Welcome to the May edition of The Financial Reporter! In her “Chairperson's Corner”, Joy Zhang highlights the section's upcoming activities for the year and ways for everyone to get engaged.

Description: In 2018, the Financial Accounting Standards Board (FASB) adopted significant revisions to the U.S. GAAP insurance accounting literature, via Accounting Standards Update (ASU) 2018-12. The title of ASU 2018-12 is “Targeted Improvements to the Accounting for Long-Duration Contracts,” and as a result a common acronym for ASU 2018-12 is LDTI (long-duration targeted improvements).