Description: In this column from the section chairperson, he suggests that in a world where 'too big to fail' is encouraged, entrepreneurs must adapt by developing marketing strategies and capabilities that deal effectively with both the end user of the services and the procurement professionals and process.

Description: The article argues that effective Enterprise Risk Management (ERM) should be tailored to fit a company’s unique characteristics rather than forcing a standardized "best practice" approach. Drawing from decades of experience, the author explains that companies often reject rigid ERM frameworks that don’t align with their business culture, risk philosophy, or strategic priorities. Key challenges include resistance to aggregate risk tolerance, formal governance structures, emerging risk management, and capital models that expose underperforming business units. The article suggests four steps for aligning ERM to a company: clarifying ERM objectives, understanding risk culture, leveraging existing risk management strengths, and committing to an iterative improvement process. A well-aligned ERM program can enhance strategic decision-making and resilience by being embraced rather than resisted.

Description: Review of paper describing Collective Defined Contribution Plans. the elimination of traditional pensions by many companies have left employees without easy access to reliable retirement income Collective Defined Contribution plans which are used to a small extent in the US but more broadly used elsewhere offer an option for consideration.

Description: This article starts with the increasing attention that FP&A receives due to the implementation of new financial regimes and emphasizes the collaborative nature of FP&A. It then describes the roles that actuaries play in FP&A, the new demands for actuaries that we are observing, and suggests some best practices that we are seeing across the clients. This article targets to point out the new demands from FP&A on actuaries and provide some advice on how actuaries can do to meet these demands.

Description: As the new VM-22 framework reshapes reserving for non-variable annuities, actuaries face both opportunities and challenges. Our latest insight and highlights what you need to know about assumption setting, model validation and asset optimization ahead of 2026.

Description: Inspired by other financial savings products available to Canadians, this article describes a potential solution for financing future health expenses with the creation of a Registered Health Savings Account (RHSA). This solution has been thought on the basis of four premises : 1- Individual Accountability for Health Expenses; 2- Early Savings Leads to More Accumulation; 3-PreferredTax Treatment for Personal Health Savings; 4- Complementing current public and private health systems; Main elements of the RHSA are described (Contributions, Accumulation, Utilization of account, Management by financial institutions).RHSA'S expected balances and some other results under three scenarios (a person in good health, one in poor health, and one with unexpected death at age 45) are summarized in a table. Health expenses deducted yearly from RHSA's balance were estimated using total, per capita, provincial government health expenditures by age-band for Canada, in 2020, from the Canadian Institute of Heath Information’s (CIHI), which account for 71.8% of total expenditures, that is public + private. Thus 28.2% of total expenditures were used for private health expenditures, then forecasted to 2024 and projected using a 4% annual trend. Some objections to the solution explored were anticipated as well as some refutations to these objections.

Description: The landscape of insurance is ever evolving with pet insurance emerging as a significant and rapidly growing segment. This webinar will cover a broad spectrum of topics essential for actuaries venturing into pet insurance, including: The pet insurance market, including major players, consolidation of the market, M&A activity. Actuarial issues like anti-selection spirals and the need (and opportunity) for growth. Regulatory headwinds. Whether you're new to pet insurance or looking to deepen your expertise, this webinar will provide you with the knowledge and tools needed to navigate this growing field successfully.

Description: Join us in this webinar where we explore the intricate relationship between Professional Employer Organizations (PEOs) and insurance, diving into the art of risk management within this industry. Gain a comprehensive understanding of the diverse insurance products offered by PEOs, the positioning of PEOs in the actuarial landscape, and the strategic navigation of regulatory challenges.

Description: CMS has pioneered innovative strategies for Medicare and Medicaid to address Social Determinants of Health (SDOH). Employers can learn from these models to implement similar approaches for their employee populations. Learn how employers can understand and address SDOH, the incentives for doing so, and the broader benefits.

Description: This webcast will update listeners on the financial status of the U.S. Social Security program, describe half a dozen widespread myths, and discuss the reality of "waste, fraud and abuse" in the program.