2024 ValAct Meeting Virtual - Session 6D: VM-20 Reinsurance Considerations 9.18.24 Recording

This session will cover the treatment of various forms of reinsurance under Valuation Manual-20 (VM-20). Speakers will discuss the implications of various types of reinsurance agreements on the calculation of principle-based reserves (PBR). This will include coinsurance and modified coinsurance, guaranteed and non-guaranteed yearly renewable term (YRT), as well as financial reinsurance. Additionally, practical considerations for PBR in 2024+ will be discussed including adopted and active APF's, their content, and emerging issues. Learning outcomes: 1. Understand the implications of different types of reinsurance on VM-20 reserving 2. Be aware of all adopted and potential changes for PBR in 2024 and beyond