The annuity market has been declining while the Registered Index Linked Annuity (RILA) market has been expanding. Discover why the market is growing along with key features and considerations for the product from an actuarial perspective.
By attending the session, you will be able to:
- Explain the increase in consumer demand and product opportunity.
- Explain the key features and mechanics of a RILA.
- Understand the pricing of RILA product.
- Understand the key risks and ALM risks associated with RILA.
- Explain high-level reserving mechanics of RILA under U.S. GAAP and U.S. statutory frameworks.
- Understand the regulatory landscape impacting RILA products.
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