Announcement: SOA congratulates the new FSAs for September 2024.
Announcement: SOA releases July 2024 Exams FAM, FAM-L, and FAM-S passing candidate numbers.
Recently, revised ASOP 11 on Reinsurance for Life, Annuities, and Health in Financial Reports has been adopted with a vastly increased scope and requirements. This session expects attendees to read ASOP 11 prior to the event and then presents them with various hypothetical business scenarios involving reinsurance. It’s then up to you to decide what to do while your peersdebate the compliance of potential actions. The presenters are the committee members who were responsible for updating ASOP 11 and will give their own personal takes – not those of the ASB or the Academy of Actuaries – on whether your responses appear to comply with the intent of the new standards
Learning Outcomes:
Attend this session and you’ll be able to:
· Judge when and how the revised ASOP 11 applies to your work product
· Evaluate how youractions and those of your organization's broader business practices may need to evolve in time for the December 1, 2022 effective date of revised ASOP.
Track: Protecting Long-Term Economic Progress
1.20 SOA CPD
1.00 CIA