Description: Speakers provide insights for adjusting historical and future mortality for COVID-19. Recent Society of Actuaries research examining historical U.S. population mortality by socioeconomic category and methodologies for removing the impact of COVID-19 from mortality rates will be presented. Additionally, results from an expert opinion survey on COVID-19 and future mortality will be discussed. Thoughts on how companies are utilizing external and internal sources to modify mortality assumptions/models for COVID-19 will be shared.

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: There is a clear consumer need for long-term care (LTC) coverage. Combo life/LTC products sought to meet that need when stand-alone LTC coverages became more difficult and more expensive to get. Combo life/LTC are built to be more sustainable, allowing for more alignment of interests between the policyholder and insurer. However, combo life/LTC are typically on a universa life (UL) chassis with extensive secondary guarantees, and several were withdrawn from the market in the recent past because of very low interest rates. A couple of carriers have used the variable UL chassis which are still in market. Interest rates have also risen dramatically. The opportunity may be present for innovation in this area that leads to sustainable products. Join the conversation as experts in this area discuss the strengths, weaknesses, opportunities and threats in developing and marketing these products.

Description: Remembering Walter S. Rugland, SOA Past President

Description: The Society of Actuaries Research Institute’s Aging and Retirement Strategic Research Program is pleased to release three essays addressing the actuarial impact of mental health issues in retirement.

Description: Volatile interest rates, repositioned investment portfolios, and stress in the banking sector are driving insurers to manage market risk and counterparty credit risk. Our experts in investments, derivatives, and hedge accounting will discuss this new market environment and its impact on hedging. The conversation will include practical case studies, including hedging future bond purchases, hedging floating-rate CLOs, and counterparty credit risk management.

Description: Article describing content and key takeaways from experience completing the SOA PA Certificate

Description: Interview of Natasha Regan about her mastery of the game of chess.

Description: True diversity and belonging happens we create opportunities to learn and make connections. In addition, when companies increase employee visibility and embrace the future, measurable results can be achieved. This session will help attendees better understand ally ship and workplace inclusion. Moreover, key DEI definitions and current concepts will be shared with attendees.

Description: The InsurTech industry continues vibrant activity. Some areas of focus include transformation of the underwriting process, new data sources being used, focus on the consumer, automation and more. By the end of the session, attendees will understand some of the latest trends in InsurTech that are impacting the life insurance industry.