Description: Message from Financial Reporting Section Chairperson informing section members what section activities lie ahead in the upcoming year.

Description: Presentation of formulas for measuring the effects of experience variances and assumption changes on traditional contract DAC and benefit reserves under GAAP targeted improvements (ASU 2018-12).

Description: The article focuses on implementation considerations for insurance companies that will be implementing both IFRS 17 and US GAAP Targeted Improvements. Many of the practical considerations are common to both implementations and will also be of interest to readers who are only implementing one of these changes.

Description: Description of IAA Risk Adjustment Monograph. The purpose of the monograph is to assist actuaries with the some suggested technical methods in measuring a Risk Adjustment as required for IFRS 17. Examples are given, including translations to confidence interval.

Description: Read the March 2018 issue of The Financial Reporter published by the Financial Reporting Section. It provides practical information for the working actuary.

Description: Provide high level summary of changes to Valuation Rates for Payout Annuities and similar contracts.

Description: Perspectives on the Valuation Manual.

Description: This article describes methods for addressing technical challenges related to modeling asset cash flows for PBR reserve projections.

Description: Retrospective on my three years as a member of the Financial Reporting Section Council.

Description: Mandatory implementation of life principle-based reserves (PBR) is just around the corner, and there is no shortage of work to do, as most products have yet to be moved to PBR. Oliver Wyman recently completed its 2019 PBR survey, with more than 40 participants covering 85 percent of the individual life market, including 23 of the top 25 life writers and five reinsurers. This article will expand on the key survey findings including implementation status and model simplifications.