Description: In 2021, the Actuarial Standards Board (“ASB”) of the American Academy of Actuaries approved the re-grouping of the Enterprise Risk Management (“ERM”) Committee of the ASB to review the existing Actuarial Standards of Practice (“ASOPs” ) as they related to ERM, and assess whether they were still appropriate and relevant in the light of developments and changes in practices over the years. Most notably ASOP 46, Risk Evaluation in Enterprise Risk Management, and ASOP 47, Risk Treatment in Enterprise Risk Management, were prepared at a time when ERM as a field of practice for actuaries was in fledgling form, with a relatively small number of actuaries having experience in the area. However, in the years since, actuarial practice in the field has evolved considerably. Moreover, ERM nomenclature has also evolved. Coming out of the work of the work of the regrouped ERM Committee of the ASB, ASOP 58, Enterprise Risk Management, has been developed. It was approved by the ASB in December 2024 to replace ASOP Nos. 46 and 47 to better reflect today's ERM practices and terminology, and to align with ASOP No. 55, Capital Adequacy Assessment. The new ASOP will be effective May 1, 2025.ASOP 58 applies to valuation actuaries subject to ASOPs as promulgated by the ASB when performing actuarial services with respect to developing, maintaining or reviewing all of part of an ERM framework.In this session, panelists will give an overview of the ASOP, and discuss its practical implications. Panelists will include one or two members from the drafting committee, plus one or two senior risk practitioners who will highlight how the ASOP has impacted their work.

Description: Join us for an in-depth discussion of the Society of Actuaries’ Quarterly Global Warming Report, which tracks accelerating global temperature trends and their implications for risk modeling. We’ll also highlight findings from the Actuarial Weather Extremes 2025 research series, which examines catastrophic floods, rising sea levels, and wildfire risks—events that are reshaping exposure and challenging traditional assumptions. This session will explore how these developments affect actuarial practice, pricing, and capital planning, and why actuaries are uniquely positioned to lead in managing climate-driven uncertainty.

Description: This session introduces you to the next level of gen AI: AI Assistants (also known as Custom GPTs, Gems, or Bots). An AI Assistant is a specialized, tailored version of a Large Language Model (LLM) that allows the user to produce a persistent, pre-programmed tool designed to handle complex, repetitive professional tasks with guaranteed consistency, accuracy, and alignment. We will move beyond casual prompting to explore the mechanical architecture required to build reliable, high-stakes assistants for a variety of applications.

Description: Join us for this popular annual webcast covering the latest considerations for the year's U.S. statutory financial reporting work. Get ready to hear from three expert speakers, who will discuss: Cash flow testing and this year’s New York and California holiday letters The impact of recent interest rate changes Potential changes to statutory financial reporting due to climate change Updates regarding Principle Based Reserves ASOP 22 Statements of Actuarial Opinion Based on Asset Adequacy Analysis for Life Insurance, Annuity, or Health Insurance Reserves and Other Liabilities

Description: Session 2D: Thinking Local - The ‘Oh Wows’, and 'Oh Nos' of Medicare Advantage for Regional Plans

Description: Session 10C: Redesigning the U.S. Health Care System - You Vote

Description: Lunch Session - Celebrating 15 years of the ACA: Texas’ Legislative Journey and Market Success

Description: Session 6A: Dual Integration - What is it and Where is it Going?

Description: Underwriting in General Insurance

Description: Please join us for an engaging webcast that will explore investment risk management objectives within an asset/liability framework, with a focus on interest rate and liquidity risk. The discussion will highlight traditional approaches like duration and cash flow matching, as well as introduce the potential for more advanced techniques using moments and linear programming to optimize hedging portfolios. The session will examine the impact of these strategies on portfolio construction and risk/return optimization, comparing and contrasting typical practices in pension and insurance portfolios.