Description: Understanding changing market conditions and various regulatory regimes is important to maximize shareholder value through the use of efficient capital. This session will educate on the solvency requirements for Bermuda, U.S., Canada and the European Union and highlight key differences among the four regimes. The presenters will compare the Total Balance Sheet Requirements for the four jurisdictions for a block of long-duration insurance contracts. The focus will be to compare and contrast the solvency requirements:

Description: The authors explore a new approach to the premium persistency assumption in universal life products.