Description: The SOA Board of Directors will be asking Fellows to approve an amendment to the SOA bylaws to create this legal structure, which I’ll address in more detail below. This amendment will be offered for consideration by the Fellows during this year’s SOA elections and voting.

Description: A multiyear trend of increasing climate condition measurements from the United States and Canada continues, reaching a new high in winter 2019–20, the latest Actuaries Climate Index quarterly data release shows. The Actuaries Climate Index’s key metric of a seasonal five-year moving average presents a composite measure of long-term changes across an array of observed weather extremes and sea levels in the two countries.

Description: New Study Examines Fixed Indexed Annuity Contract Owner Behavior Society of Actuaries Research Institute and LIMRA Release Latest Experience Studies Pro Report

Description: The Society of Actuaries (SOA) Chief Executive Officer (CEO) Greg Heidrich, has been nominated as secretary-treasurer of the Association Forum, a Chicagoland association industry. Heidrich will serve a one-year term on the Association Forum’s Board of Directors. The Association Forum provides members with resources, education and networking opportunities that enhance and elevate the association management profession.

Description: The SOA announced the 2019—2020 James C. Hickman Scholars.

Description: The 2020 Dive In Festival was the biggest one yet, with more than 30,000 people attending the global celebration of diversity and inclusion in the insurance industry. The Festival featured more than 500 speakers presenting in 144 events in 35 countries across the globe on Sept. 22 – 24, 2020.

Description: The Society of Actuaries (SOA) is pleased to announce that The Actuary received recognition for excellence in two separate competitions.

Description: We stand for respect and equality. We are committed to doing all we can to ensure that our profession reflects the diverse perspectives, cultures and backgrounds of the members and candidates.

Description: The SOA launches a new newsletter powered by Artificial Intelligence

Description: With the credit interest rate floor of a cash balance plan—a simple type of option identified by the Project Oversight Group—as a model, this research uses three valuation and risk analysis approaches to explore the existing techniques to value embedded options on an economic basis.