2025 SOA ImpACT Conference: Session 1E: CP2 and the Bermuda Market: Regulatory Impacts, Modeling Challenges, and Strategic Insights-11.03.25 Recording

This session provides a deep dive into the latest changes introduced under Consultation Paper 2 (CP2) in Bermuda’s Economic Balance Sheet (EBS) calculations. We will examine the key updates, their implications for insurers and reinsurers, and practical considerations in implementation as we have seen it progress. This session will also cover essential modeling considerations for actuaries, providing practical insights to enhance decision-making.By the end of this session, participants will:- Understand the key changes introduced in CP2 and their rationale.- Assess the impact of these changes on Bermuda’s EBS framework and solvency calculations.- Identify challenges and strategic considerations for compliance and optimization under the new framework.- Learn how to apply modeling techniques in the Bermuda context