Description: At the conclusion of the first part, attendees will be able to describe sources of reserve redundancy for products under Principle Based Reserve (PBR) and products under Commissioners' Annuity Reserve Valuation Method (CARVM). Such products include Term Life, Whole Life, Universal Life, and Fixed Annuity with and without rider. We will also review sources of capital redundancy from the C-1 factor under Risk-Based Capital (RBC) and assets such as Unrated Asset Credit Fund can have high C-1 factor even if its risks are limited. At the conclusion of the second part, the attendees will learn about potential Reserve Relief reinsurance solutions. Such solutions can provide Reserve Relief for annuity and term life businesses, as well as potential innovative asset-side solutions. Asset managers can structure assets that the C-1 factor aligned with the corresponding risk.

Description: ReFocus is an annual global conference for senior-level life insurance and reinsurance executives hosted jointly by ACLI and the Society of Actuaries (SOA). This event features top-notch speakers, thought-provoking sessions, and superior networking opportunities.

Description: There are many underwriting issues being discussed in states that challenge how information is used in the underwriting process. Learn more about a variety of rules and regulations, especially Colorado’s proposed regulation requiring a governance and risk management framework for life insurance carriers’ use of external consumer data and information sources (ECDIS), and algorithms and predictive models using ECDIS. This Colorado proposal is more far-reaching than the requirements of other states like New York and Connecticut, who have put up guardrails for the use of new data sets and algorithms especially for underwriting. Listen in as experts discuss the potential issues and implications of this and other proposed regulations.

Description: Learn from panelists from different companies as they come together to discuss their experiences.

Description: Equity-Based Insurance Guarantee Webcast Series

Description: There are many underwriting issues being discussed in states that challenge how information is used in the underwriting process. Learn more about a variety of rules and regulations, including Colorado's proposed regulation requiring a governance and risk management framework for life insurance carriers' use of external consumer data and information sources, as well as algorithms and predictive models using such data. Recent proposals are more far-reaching than existing requirements in states that have put up guardrails for the use of new data sets and algorithms, especially for underwriting. Listen in as experts discuss the potential issues and implications of this and other proposed regulations.

Description: Join us for a lively discussion on how accelerated underwriting (AU) practices have evolved over time and specifically because of COVID-19.

Description: Experts from both the direct and reinsurance side of the table will provide an overview of final expense products and their key features, as well as share experiences that have informed best practices when designing, selling, managing, monitoring and reinsuring these products. Trends in distribution, underwriting tools and other competitive factors will be considered through the lens of managing risk while remaining competitive in the market.

Description: This article highlights the findings of a recent SOA survey on accelerated underwriting (AU) practices, including the amount of AU business ceded, the results of three opinion questions, and an estimate of mortality slippage among AU programs.

Description: Gather with members and non-members in the China actuarial community to discuss recent topics and related issues in areas such as macroeconomic sharing, pension, investment, product strategy, and more.