Description: The SOA and LIMRA are grateful for the assistance of the National Association of State Retirement Administrators (NASRA) and the National Conference on Public Employee Retirement Systems (NCPERS) for their work in promoting the study and distributing the data request package.

Description: The Palisades and Eaton fires started on January 7, 2025, in Los Angeles County, California. They were fueled by extreme Santa Ana winds and dry conditions, burning over 23,713 and 14,117 acres. As of January 20, 2025, the wildfires had damaged or destroyed more than 17,000 structures. Initial insured loss estimates from catastrophe risk modelers are in the range of $20- $45 billion which would make the fires the worst since the Camp Fire driven losses in 2018

Description: This guide, commissioned by the Society of Actuaries (SOA) Research Institute, provides a practical roadmap for actuaries to integrate Large Language Models (LLMs) into their work effectively and responsibly. The rapid evolution of LLMs presents significant opportunities for the actuarial profession. This document helps actuaries navigate the complex LLM landscape, offering insights into their application, evaluation, deployment, and governance.

Description: This report designs a comprehensive life-cycle fund model, including a detailed sensitivity analysis, to optimize portfolio allocation for U.S. retirement plans.