State regulators and the American Academy of Actuaries will present on the latest developments for the future fixed annuity principle-based reserving framework. The presenters will provide an overview of the proposed methodology, as well as updates on regulatory discussions, field testing, the project timeline and outstanding framework elements yet to be determined. By the end of the session, attendees will understand what changes are being made to non-variable annuity reserves, details underlying existing proposals and the anticipated timing of such emerging changes. The session will meet the needs of actuaries focused on annuity reserve calculations, financial reporting and valuation.
At the conclusion of the session, attendees will be able to:
• Describe potential upcoming changes to the U.S. statutory reporting requirements for non-variable annuity contracts
• Explain which elements are being considered in framework proposals, including items related to assumptions, methodologyand reporting requirements
• Provide the status of the latest regulatory discussions, as well the future timeline associated with the project and field testing
|
|
|