You’ve written the position papers, updated the models, and designed the required disclosures, but you may be wondering how to explain the results during interim financial reporting periods to company management as well as other stakeholders. This session will explore ways to adapt existing management reporting and offer ideas for new metrics. We will explore various methods for analyzing DAC amortization patterns, market risk benefit reserve patterns, and Liability for Future Benefits (LFPB) movements. In addition, this session will explore ways to integrate changes in LDTI with business planning and other broader business issues such as product pricing considerations and reinsurance strategy.
By attending the session, you will be able to:— Create effective management reports to explain movements in LDTI results, e.g., LFPB, DAC, and MRB changes.— Leverage management reports in other areas of the business, including Financial Planning & Analysis, Pricing/New Product Development, and reinsurance strategy.— Understand the implications of the LDTI results and how they impact their business decisions
TRACK: Protecting long-term economic progress