In another courtroom battle between the Department of Labor and the retirement industry, three big employer groups are ...

Franklin, who selected the qualified joint survivor annuity (QJSA ... The University altered its actuarial equivalency formulas July 1, 2023, meaning that participants who began receiving ...

Our economy runs on big data and algorithms, successors to the actuarial science first developed to set life insurance rates. Research shows these formulas institutionalized racism in the mortgage ...

just days after it mandated actuarial oversight for annuity businesses in the sector. NAICOM’s Deputy Commissioner (Technical), Dr. Usman Jankara, identified insufficient actuarial capacity in ...

The guidelines issued at the end of January mandate insurance companies with annuity portfolios to have at least one qualified actuarial expert on their team. The circular partly read ...

Shortage of actuaries is threatening to derail the new regulatory requirements for annuity business recently issued by the National Insurance Commission (NAICOM). NAICOM, in a circular effective ...

Debunking Common Cayman Clichés: Episode 3 – Regulation of Life & Annuity Reinsurers Cayman ... we address common misconceptions around actuarial and capital requirements (and the perceived ...

which only actuarial experts have. He expressed regret in the failure of one of the life insurance companies in the market recently on mismatch of annuity funds with other classes of business, ...

Drawing a pension from a living annuity in retirement needs to be carefully managed ... can severely affect the sustainability of your investment. Actuarial modelling has produced drawdown strategies ...

Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to ...