Description: Even in published scientific research, we find fraudulent data. What is an actuary to do? Let's consider our actuarial principles and standards of practice to question our data quality and truthfulness. In specific, the article addresses ASOP 56 on Modeling and considerations of model risk as well as ASOP 23 on Data Quality. Recent examples are given from a Harvard research fraud controversy as well as questionable sumo statistics.

Description: An overview of John Robinson's experience at the recently concluded annual meeting of the Caribbean Actuarial Association in Trinidad.

Description: LDTI’s introduction has forced many insurers to examine their existing operations and technologies. They must determine how to optimize compliance efforts while balancing data, analytics and system modernization considerations to achieve maximum value. This article will examine the four key facets—the data, technology, processes, and people—essential to any successful LDTI exercise. It will also touch on the various approaches for tackling LDTI and how a modernization mindset can help insurers realize much greater transformation for the business.

Description: Discusses the issues papaer to be released by the International Accounting Standards for Insurance to cover accounting issues for insurance contracts as opposed to insurance companies.

Description: AG 49 pertains to illustrated life insurance products with a crediting rate tied to an index. The guideline discusses the maximum illustrated credited rate and format changes to illustrations.

Description: Gearing up-- exploring the rewards for completing the SoA Competency Framework tools of Self-Assessment and Personal Development Plan.

Description: The SOA, in collaboration with CSU-Fullerton, hosted the first event combining local high school students and community college and university students for a day of learning and networking.

Description: This article highlights 13 attributes shared by various groups of companies that landed in trouble. The companies are identified, and the attributes are described.

Description: The article provides insights about the need for revolutionary actuaries in Saudi Arabia due to the reform that is happening across the kingdom under all sectors. Then I talk briefly about the health sector and the transformation that is happing in the sector, and how qualified health actuaries can contribute to this health reform.

Description: Article looks at various catastrophic events in past years specifically around insurance claims and the negative impact this has had on the insurance/reinsurance industries. It suggests better communication strategies for companies when dealing with the public.