Description: Several years into the Risk Based Examination process, the NAIC now is working to augment that process with a significant new risk related regulation requirement for U.S. insurers. This article explores ORSA, or Own Risk and Solvency Assessment.

Description: A brief review of reading recommendations from the The Actuary’s contributing editors: 1. IFRS Exposure Draft on Insurance Contracts. 2. The Nuts and Bolts of Credit Scores. 3. Lies, Damned Lies, and Medical Science - How American Healthcare Killed My Father, 4. New Basel III Rules are Announced. 5. Is Law School a Losing Game?

Description: The August/September 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: This article features two actuaries, one is a pilot and the other owns a cake business. From The Actuary, February 2012, Volume 9, Issue 1.

Description: Baseline illustrations for article about the Delphi project to predict economic conditions far into the future in 2024. Measures under examination are 1. Increase in CPI, 2. 10 Year T-Bill yield, 3. S&P500 rate of return and 4. Corporate Baa bond yield. See the SOA website research section for the full report on the Delphi Study of Economic Variables.

Description: Letter from the SOA president about lifelong learning, competency framework and advancing knowledge.

Description: The author discusses how China is poised for dramatic changes in its life insurance industry that will raise both opportunities and challenges. The author notes that China has particularly spectacular growth prospects, and given the nature of the business, the industry will have an almost insatiable appetite for capital. However, In order to accomplish this, China's insurance industry needs to advance its financial management and improve its ability to produce transparent financial information, in a timely and reliable manner. The author compares China’s current position in the life insurance compared to other Asian countries, and describes the steps needed to improve its financial management.

Description: This article is an interview with Phelim Boyle, an educator, actuary, PhD, author, financial engineer and recipient of the IAFE/ SunGard Financial Engineer of the Year Award and perhaps best known for his research into Monte Carlo methods.

Description: Discusses the market, demographic, and macroeconomic factors that affect actuaries' choices for the assumptions they use in the pricing and valuation of many insurance products.

Description: The risk/delivery/protection framework was first presented to participants in the SOA's Long-Term Care Think Tank seminar in a survey. That survey was designed to get participant opinions on how the system might evolve over the next five to 10 years. The results of the survey are summarized in the article.