CONTENTS:

• AI Summit – San Francisco
• Council and Committee Meetings & JoCo 2025 – São Paulo, Brazil
• International Women’s Day Webinar
• IAA Banking Virtual Forum Webinar
• AFIR-ERM Section Webinar Series on the Asian Solvency Frameworks for Insurance Companies
• Executive Committee Report to Council
• Exposure Draft of Proposed ISAP 8 on IFRS S2 Climate-Related Disclosures

AI Summit – San Francisco
Audience: All

We are pleased to report the successful completion of our 2^nd IAA AI Summit, "The AI-Enabled Actuary," held in San Francisco on February 20-21, 2025. The summit featured insightful plenary sessions and four separate collaborative breakout group discussions in the four workstreams established for 2025-26.

On day 2, during the closing plenary session, the four workstreams presented the key outcomes from their discussions and the recommended next steps for 2025-2026. Please visit the AI Task Force webpages for more details. Information about the Summit is posted under Events.

A big thank you to Frank Chang, AI Task Force Vice Chair, for leading the proceedings and for the extensive preparation that contributed to the summit’s success. Thanks also to the workstream leads and all participants for their valuable contributions, discussions, and insights. We are grateful to the SOA for hosting the cocktail reception for the attendees which provided a wonderful opportunity to network in a beautiful setting in the Bay View room on the 32^nd floor of the Westin with spectacular views of San Francisco.

See our photo montage from the 2^nd AI Summit

Council and Committee Meetings & JoCo 2025 in May 2025 – São Paulo, Brazil

Audience: All

• The program for the Council and Committee meetings is now available on the event's website and the registration is open.  
• The JoCo 2025 (Joint Colloquium of the IAA Sections) program is also available and registration is open.
• Both events will take place concurrently at the Grand Hyatt Hotel.

For any questions, please contact the Secretariat.

International Women’s Day Webinar

Audience: All

We invite you to celebrate International Women's Day on Friday March 7 at 7am EST / 12pm GMT. Register Now!

IAA Banking Virtual Forum Webinar

Audience: All

Join us for a webinar on Operational Resilience in the Financial Sector: Practical Guidance

The UK Financial Regulators (Bank of England, Prudential Regulatory Authority and Financial Conduct Authority) prioritise Operational Resilience (OR) to ensure firms can maintain service continuity and support financial markets during disruptions.

Firms must establish and test clear service standards, embed OR into daily operations and strategies, and ensure senior management and Boards take responsibility for resilience.
With regulations to be fully implemented by March 2025, firms face both challenges and opportunities in interpreting and applying these requirements.

This webinar offers practical guidance and recommendations to help UK-based financial institutions (UKFIs) implement the Operational Resilience guidelines.

Register Here

AFIR-ERM Section Webinar Series on the Asian Solvency Frameworks for Insurance Companies

Audience: All

A Three-Part Webinar Series on The Asian Solvency Frameworks for Insurance Companies

Are you looking to deepen your understanding of solvency frameworks in the Asian insurance market? We are excited to announce a series of three comprehensive webinars designed to provide you with valuable insights and practical knowledge on this critical topic.

1^st webinar: Navigates the C-Ross Framework: Solvency Regulations in China – Watch the Replay

2^nd webinar: Will cover both Hong Kong and Singapore Solvency Frameworks (16 April)

3^rd webinar: Understanding Solvency Frameworks in Japan and South Korea (18 June)

Don't miss this opportunity to enhance your expertise and stay competitive in the insurance industry. Register now to secure your spot!

Executive Committee Report to Council

Audience: Council Delegates

The minutes from the Executive Committee meeting on December 10 is available online. The minutes from the January meeting will be made available once they are finalized.

Should you have any questions or comments, please contact the Executive Coordinator.

Exposure Draft of Proposed ISAP 8 on IFRS S2 Climate-Related Disclosures

Audience: Council Delegates and Presidents of Member Associations

Please see the transmittal memorandum from Andrew Chamberlain, Chair, Actuarial Standards Committee (ASC) of the IAA, regarding the exposure draft of the exposure draft of International Standard of Actuarial Practice 8 (ISAP 8) on IFRS S2 Climate-Related Disclosures, and the associated glossary.

The exposure draft (published on 2 December 2024) was developed by the ISAP 8 Task Force of the ASC, and they have been duly approved by the ASC in accordance with IAA Due Process for development of International Standards of Actuarial Practice.

Please distribute these documents widely within your organization, and to any actuarial standard setters and other interested parties in your jurisdiction.

These documents are also available on the IAA website under Publications/ISAPs (Web link).

The deadline to comment on this exposure draft is 4 April 2025.

We kindly request you to follow the instructions in the attached transmittal memorandum and use the attached comment template and when submitting comments.

Please feel free to contact Amali Seneviratne, Director Technical Activities, at the IAA Secretariat if you have any questions.