Agenda | SOA

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Reinsurance and Aggregation

VM-G Governance

VM-31 PBR Actuarial Report

Additional Industry Resources

Session Coordinator(s)

Facilitator(s)

Monday, January 1

Tuesday, June 5
11:00 a.m. – 12:00 p.m. Registration and Lunch
12:00 p.m. – 12:30 p.m. Overview of PBR/VM-20 Component Reserves in the Final VM-20 Minimum Reserve Calculation VM-20 Exclusion Tests Session Coordinator(s) Facilitator(s)
12:30 p.m. – 1:15 p.m. Cash Flow Models General VM-20 Requirements (taxes, AVR/IMR, NGE, use of approximations, etc.) Economic Scenarios Modeling Assets (starting assets, spreads, reinvestment, hedging programs, etc.) Prescribed Default Cost Methodology Session Coordinator(s) Facilitator(s)
1:15 p.m. – 2:00 p.m. Prudent Estimate Mortality Company Experience Mortality Rates The Applicable Industry Table Experience Studies and Credibility Margins and Grading Session Coordinator(s) Facilitator(s)
2:00 p.m. – 2:15 p.m. Break
2:15 p.m. – 2:30 p.m. Considerations for Other Prudent Estimate Assumptions Policyholder Behavior Expenses Session Coordinator(s) Facilitator(s)
2:30 p.m. – 3:15 p.m. Calculating Modeled Reserves from Cash Flow Projections Deterministic Reserve – GPV and DIM Methods Stochastic Exclusion Test – Ratio Test, Demonstration and Certification Methods Stochastic Reserve – GPVAD Method Satisfying the Two Percent Collar Test Session Coordinator(s) Facilitator(s)