First in Class: The First FSA Completes the GI Track Thumbnail

First in Class: The First FSA Completes the GI Track

Achille Sime, FSA, CERA, MAAA, FIAF, is the first FSA to complete the General Insurance (GI) track. Achille’s journey to become an Actuary has taken place across three continents: Africa, Europe

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National Retirement Planning Week

Retirement planning is an important effort for individuals to consider and plan for. There are a multitude of risks and challenges to face leading up to and during retirement. Over the years, the SOA

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Understanding Mortality Improvement For Private Pensions

Six months ago the Society of Actuaries (SOA) released the updated private pension plan mortality tables, which shows that longevity is increasing in the U.S. The SOA’s Retirement Plans Experience C

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SOA Insights from the NAIC Spring National Meeting 2015

At the end of March, insurance industry professionals gathered in Phoenix, Arizona, for the Spring National Meeting of the National Association of Insurance Commissioners (NAIC). SOA members and staff

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What Does It Mean To Be International?

What Does It Mean To Be International? The following is an excerpt of Carl Hansen’s editorial, “What Does It Mean To Be International?” published in the December 2014/January 2015 of The

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Who Wants Pi?

Every year, on March 14, math lovers around the world unite to celebrate Pi Day. Pi Day this year is extraordinary as it will provide us 10 digits of Pi or 3.14.15 at 9:26:53 AM/PM. We won't see a

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Understanding the Impact of Severe Weather on Healthcare Utilization Thumbnail

Understanding the Impact of Severe Weather on Healthcare Utilization

In February I had the opportunity to attend and present at the National Tornado Summit in Oklahoma City. I discussed joint actuarial research on severe climate, including on post-catastrophe heal

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  The implementation of a principle-based approach to reserves and capital for life and annuities The completion of two longevity risk transfer deals worth more than $30 billion Mul

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SOA Discussions on Longevity Risk

Earlier this week in Chicago, the SOA hosted a longevity seminar with key thought leaders from the actuarial profession and beyond to discuss longevity and share practices on a global level. This invi

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Hired Any 65-Year-Olds Lately? Thumbnail

Hired Any 65-Year-Olds Lately?

The reason I ask is that people are living longer but many haven’t saved enough to retire. The actuarial solution for this retirement gap is simple: More people will have to work beyond the “n

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