Description: Describes a process for identifying relevant industry experience to credibility-weight with relevant company experience to set modeling assumptions and margins.

Description: The Actuarial Opinion and Memorandum Regulation states that the purpose of asset adequacy analysis is to certify that assets are adequate to cover reserves under “moderately adverse conditions.” This article discusses the determination of whether an interest yield scenario is moderately adverse or extreme.

Description: In a Q&A format, two actuaries talk about the challenges for smaller companies in moving to a PBR world.

Description: This article summarizes the activities of an industry group to develop alternatives to the impending XXX regulation. Five subcommittees will work on technical issues and a recommendation will be presented to the Life and Health Actuarial Task Force.

Description: This article on insurance regulation discusses the highlights of the Optional Federal Charter OFC – current developments, its opponents and proponents, accounting implications, and implications for small insurers.

Description: This article views the principle-based methodologies from a future perspective and identifies some inconsistencies in the proposed approach, while presenting some simpler and more consistent alternatives.

Description: This article discusses the current status of the statutory move towards principle-based reserves, including implications for small insurance companies, noting that the outcome is certainly unclear.

Description: Provides a summary of the Small Talk Newsletter for Fall 2016. Also included are thoughts on the need for continuing education and involvement in the industry.

Description: A continuation of the discussion on modeling mortality in life insurance applicants first discussed in the January 2012 edition of the Small Talk newsletter.

Description: This article describes how actuaries can get involved in research being conducted by the Society of Actuaries.