With the persistent low interest rate environment, fast pace of regulatory changes and the size of insurers' back-books relative to new business, it is no surprise that insurers have become increasingly focused on their management of non-guaranteed elements ('NGE') for life and annuity business. Come explore the opportunities and challenges offered by NGE management, with consideration for market trends, regulation, the new ASOP 2 and emerging case law.
By attending the session, you will be able to:
- Understand recent market trends in NGE management for life and annuities.
- Better appreciate the regulatory and compliance requirements surrounding NGEs.
- Understand the risks associated with potential company action (and inaction) on NGEs.
TRACK: Spearheading innovation through change, Cultivating future opportunities, Protecting long-term economic progress