An updated ASOP No. 2 will be effective June 1, 2022, for nonguaranteed element (NGEs) determination for life and annuity products. Join this roundtable discussion on the considerations around the revisions to ASOP No. 2, including topics as:
- NGE framework
- an actuary’s role in setting NGE policy
- pricing factors for NGEs on new products
- considerations when contemplating changing NGEs under the new ASOP
- value of the revised ASOP No. 2 in NGE determinations, reviews and revisions