The rapid tempo of legislative changes being implemented around the country has made it increasingly important for religious institutions to understand the potential impacts on their actuarial reports and retained liabilities. An example which may be pertinent to these entities is the legislation on sexual misconduct claims that has been proposed in several states, such as New York and California. Each of the proposals could have a significant effect on the actuarial analysis of both the loss reserves and projections, highlighting the need to monitor changes on both a historical and prospective basis.

SIGMA has many years of experience providing analytical services to religious institutions, which are covered in our latest one-page summary. The document outlines the types of analytical services SIGMA offers and highlights our experience with various types of religious entities.

Of course, this one-page summary is just one of the many documents and videos found in our complimentary RISK66 education portal. Already have an account? Login.

As always, SIGMA is available to discuss solutions to challenges unique to a particular company or industry. Schedule a call today with one of our consulting actuaries.

We welcome your feedback by contacting us at support@SIGMAactuary.com.

© SIGMA Actuarial Consulting Group, Inc.