Description: Actuarial models increasingly drive critical decisions, yet traditional governance - shared drives, file names, and Excel changelog tabs - create confusion and weak auditability. Version control systems, especially Git, offer a proven alternative by recording every change with author, time, and rationale, enabling reproducibility, collaboration, rollback, and transparent peer review. Git’s ecosystem (GitHub, GitLab, Bitbucket) adds pull requests, issue tracking, and centralized documentation, supporting auditors and regulators with a single source of truth. Actuarial use cases can include code and spreadsheet models, assumption management, and even monthly SQL queries. Adoption requires tooling, standards, and security discipline, but overall strengthens integrity and readiness for data-driven work.

Description: Candidate Connect – 2026 Health Meeting

Description: To better understand and support the future of the actuarial profession, the Society of Actuaries (SOA) has asked its members to participate in a job analysis survey. This information will help to ensure the Associate of the SOA (ASA) meets evolving market needs.

Description: Heinz A. Briegel obituary

Description: Deceased Members - 2026

Description: Summary - VM-22 will be finalized during 2025, with an optional phase-in period beginning Jan. 1, 2026, and mandatory implementation by Jan. 1, 2029. This session will discuss the regulation, including background, calculations, high-level results from the field test, and other modeling, as well as key considerations and documentation for actuaries and companies as they prepare to transition their fixed annuities into a principle-based reserve framework. Attendees will better understand the new VM chapter and some of the thinking behind the decisions made.

Description: This panel discussion dives into the NAIC's new principles-based reserving (PBR) requirements for fixed annuities (VM-22) set to be effective January 1, 2026. After a brief overview of the VM-22, this session will focus on practical implementation considerations and adapting cash flow models to the new requirements, tackling sensitivity runs, margin testing, the Stochastic Exclusion Test, and mapping prescribed assumptions for the Standard Projection Amount (SPA) to companies' unique products and features.

Description: Opening/welcome - Callum Williams, Senior Economics Writer, The Economist

Description: "The purpose of this presentation is to give an overview of the CP2 requirements for Bermuda statutory reserves and capital, which went into effect for 2024 reporting, along with a summary of the impact of these new requirements. Some of the CP2 changes include bringing the Bermuda Solvency Capital Requirement (BSCR) more in line with other capital reporting regimes, such as Solvency II. For example, lapse, expense, interest rate, and equity shocks are now required to compute the lapse, expense, interest rate, and equity shock components of required capital. The Bermuda Monetary Authority (BMA) also clarified in the CP2 paper that borrowing under any form is not permitted in the Scenario Based Approach to computing the Best Estimate Liability (BEL), and realistic transaction costs must be reflected. Proving model safety controls are in place is another key component of the CP2 paper, and reinsurers/insurers must prove their model governance is up to standard. These new requirements pose operational challenges for insurers and reinsurers reporting under the Bermuda framework, and have an impact on the economic balance sheet. The presenters include folks working with AXIS software from Moody's, who have been involved in enhancing the software to align with Bermuda reporting standards, and consultants from Valani who worked with many companies on setting up their Bermuda reporting processes. All presenters are very knowledgeable on Bermuda reporting, and have observed the impact of the CP2 requirements. The presenters want to share their knowledge with fellow actuaries at this industry meeting, and hopefully inspire insightful discussions."