This session explores the importance of reinsurance in supporting the transformational challenges that the life and annuity industry is facing in the adoption of new economic value-based solvency and accounting regimes, with a focus on LDTI and IFRS 17. Additionally, it will cover the rise of the use of sidecars as a capital management tool. Attendees will gain insights into: - The impact of regulatory and economic trends on insurers' solvency and earnings volatility - The use of reinsurance and its benefits over capital market instruments in optimizing capital - Practical examples and case studies illustrating successful applications of reinsurance and sidecar transactions