Description: This article discusses the impact of ERM on smaller insurance companies.

Description: Discusses the competitive disadvantage for smaller life companies that don't get reinsurance deals that compete with the deals given to larger companies, and how to cope with it.

Description: The editor discusses the content of the issue including articles on low-interest-rate environment, ERM, regulatory issues, as well as webinars and meetings sponsored by the SIC Section.

Description: A SWOT analysis by the Smaller Insurance Company Section Council. From Small Talk Newsletter, Issue 37, January 2012.

Description: Small Talk, the newsletter of the Smaller Insurance Company Section

Description: This article is a summary of two presentations sponsored by the Small Insurance Company Section. The first was a webcast on March 13, 2012, and the second was at the ERM Symposium on April 20, 2012.

Description: This regulatory update covers topics such as the solvency modernization initiative, statutory reserves, principle-based reserves, variable annuities, and more.

Description: The decrease in interest rates over the last several years has led to decreases in the maximum valuation rate and maximum nonforfeiture interest rate, and companies need to prepare for these changes.

Description: Highlights of the Smaller Insurance Company Section's significant contributions at recent Society of Actuaries' events

Description: In the summer of 2012 the SIC decided the time was right to find out what current practices were with respect to Asset Adequacy Testing. This article summarizes the survey process and results obtained. The purpose of the survey was twofold: first, to educate actuaries prior to year-end work about current AOMR practice reflecting changes since the American Academy of Actuaries’ (AAA’s) 2004 Practice Note had been issued; secondly, to provide enough information such that an update of that practice note could be done should the AAA decide a revision to the note was desired.