The ASP will be holding a two-part review seminar this coming May 2nd and 4th covering the SOA's Exam P.  The seminar will walk through key points of the exam syllabus and will be administered by two ASP members who have recently passed the exam. Interested parties may click here to view the invitation and registration form. Please ensure that ...

On November 28, 2012, the Insurance Commission released a circular to all pre-need companies regarding the Valuation of Transitory Pre-Need Reserves. To quote the circular, it was released "in order to provide leeway for old basket plans, previously approved by the SEC". Transitory Pre-Need Reserve guidelines and transitory discount interest rates ...

Last February 18th, the Actuarial Society of the Philippines released the latest membership banns. It has been a busy season for ASP Membership Committee Chairman, Peter C. Darvin as member applications reached 30 - 2 Fellows, 4 Associates and 24 Affiliates. Of the 24 new Affiliates, 16 hail from the Towers Watson Team. New Fellows Kerwin ...

Last February 4th, Senate Bill 3280 (House Bill 4867) was approved on its third reading. A bicameral committee composed of Congressmen Apostol, Romarate, Mandanas and Villafuerte and Senators Osmena, Lacson and Pangilinan convened the following day and agreed on a reconciled version of the senate and house bills thereby paving the way for the ...

The Actuarial Society of the Philippines is inviting all members to its first general membership meeting of 2013 this coming March 6th at the Milky Way Cafe along Arnaiz Street. Mr. Felipe M. Medalla from the Bangko Sentral ng Pilipinas has been invited to speak on the Philippine Economy and the challenges it faces. Click on this link to download ...