Description: The IFRS Foundation’s establishment of the International Sustainability Standards Board is a major step toward achieving relevant, decision-useful sustainability information for market participants that is comparable across industries and jurisdictions.

Description: After the arduous journeys IFRS 17 filers underwent to implement the standard, it would only make sense for insurers to seek the best return on their investment post effective date of 1/1/2023. Many insurers are now embarking a new phase of the journey that involves wrapping up any unfinished business as they might have taken a minimum compliance route to finish implementation and thinking about the knock-on effects the new standard has on the way they carry out business and perform financial reporting.

Description: 2021 ImpACT Conference - Session 14B: IFRS 17- Restructuring the Corporate Operating Model 10.29.21 Recording

Description: With Chapter 20 of the National Association of Insurance Commissioners Valuation Manual (VM-20), the expansion of accelerated underwriting programs and digital distribution, new accounting standards under GAAP long-duration targeted improvements (LDTI) and International Financial Reporting Standard (IFRS) 17, along with a changing interest rate environment, companies may be looking for efficient reinsurance solutions to help address these ever changing and varied challenges. Hear highlights on how reinsurance can be utilized to address the challenges associated with managing new business strain and product competitiveness, earnings and risk management, and capital allocation efficiency. At the conclusion of the session, you will understand the various challenges being faced by direct writing companies today and where reinsurance can be leveraged to improve the returns and competitiveness of product offerings, provide flexibility in capital and tax planning, as well as balancing risk appetite and underwriting profit retention.

Description: The Financial Reporter newsletter is geared toward actuaries who work in a life insurance company.

Description: The Best Article in the Reinsurance News 2023 and News from the Reinsurance Section Council

Description: The ILA track will reduce from 12 hours to 10 hours by removing material from the Life Financial Management and Life Product Management exams. Material is added to the Life ALM and Modeling exam. There are no changes to the modules in the ILA track.

Description: The COVID-19 pandemic, record low interest rates and an active market for legacy life insurance blocks has led many insurers to reconsider the spectrum of inforce management options in their toolkit. Further, the pace of execution on inforce management changes is unprecedented as insurers hope to complete substantial changes in advance of upcoming changes to the measurement of insurance liabilities (e.g., US GAAP LDTI, IFRS 17). Hear from industry experts, as they share their perspectives on recent trends in inforce management for individual life insurance. Potential topics include: usage of offshore reinsurance, management of non-guaranteed elements, Mergers and acquisitions, and retention programs (e.g., policy exchange, post-level-term optimiziation).

Description: Agenda for symposium.

Description: Access the most current issue, as well as back issues, of International News.