Description: Come discuss modeling costs and its governance, as well as introduce some platforms for more granular asset modeling.

Description: Learn about the innovations of life & health products and distribution in the Asia market.

Description: Cayman is a rapidly growing reinsurance domicile with several notable transactions executed in the past few years. We expect this trend to persist as (re)insurers will continue to explore more effective ways to manage their business. In this session, you will gain: - An overview of how the Cayman (re)insurance market has developed over recent years - An introduction to the Cayman regulatory framework - Key considerations for reinsurance structuring and pricing. Join a discussion at the close of the session on the outlook for the Cayman market. You will leave this session with an understanding of the Cayman (re)insurance market, the regulatory framework and key factors that impact reinsurance structuring and pricing.

Description: Non-variable annuity principle-based reserving (PBR) VM-22 has a proposed effective date of January 1, 2026. The change in reserving standards may be impactful to annuity writers due to the transition from formulaic to principles-based reserves.

Description: A lot is happening in the annuity industry. The presenters will provide an overview of key developments in annuities and their implications to product actuaries. They will discuss recent product and market trends in fixed, indexed and variable annuities. They will also explore emerging regulatory requirements affecting annuities, such as VM-22 and Best Interest rules, as well as how they may impact product development. - Learn about recent product and market trends in annuities - Be informed of key emerging regulatory developments affecting annuities - Understand how these developments may affect product development

Description: Harnessing the transformative power of recent accounting changes, US GAAP LDTI in the US and IFRS17 globally, insurers around the globe are embracing changes in their operating models. These changes impact areas of processes, technology, data, and, arguably most importantly, people. As insurers continue to evolve and streamline their financial reporting processes under the new standards, many have identified needs for organizational transformation to align actuarial, finance and technology teams in a cohesive manner to support the new financial reporting requirements.

Description: Look beyond traditional reinsurance arrangements. Strategically crafted reinsurance structures can support new business and achieve a wide range of risk management and financial objectives. Consider creative ways to look holistically at your business to develop the most effective solutions. Combine in-force and new business? Yes! Individual and group? Of course. Multiple product types? That can work! Whether you are trying to free up capital, address an underperforming block or venture into a new line of business, there are reinsurance structures that can help. Look at a virtual case study with a panel of experts and consider the options for selecting and structuring a reinsurance transaction. View key elements such as scale, composition and market appetites. Look at a variety of products including life, annuity, PRT and long-term care. The panel includes representation from a carrier, a reinsurer and a reinsurance broker. Get the opportunity to weigh in on decision points using online polling software, whether in person or virtual.

Description: Who wants to be a Millionaire - Annuity + LTC edition! Through a series of increasingly challenging questions to our contestants, we will explore the depths of annuity + LTC products! Unlike annuity + LTC customers, in this gameshow there will be a winner and there will be a loser. Through the game show format, this session will explore emerging market trends and their drivers in annuity + LTC products, including long-run structural demographic and economic forces. The panelists will also review product design and assumption development considerations, contrasting annuity + LTC products with life + LTC products. We will challenge contestants on the compliance and regulatory issues in product development. Finally, we will provide a future outlook and areas for growth in this niche market. Attendees will understand the emerging product designs, risk profiles, and market potential for annuity + LTC products, and one attendee will win a million dollars*. (*monopoly money)

Description: 2023 was a year of continued change for the annuity market as interest rates stayed high. The rapid growth of RILA products stalled as FIA and MYGA products saw a significant increase in market share, with bonus products being extremely popular. The impact of ASOP 2 and the higher rate environment are continuing to be realized in experience, in-force management, product design and more. Learn more about the retail annuity market with a focus on the impacts of the current interest rate environment. Session materials will draw on experience studies, sales results, product changes, and more, which will examine how higher interest rates have altered the annuity market. At the conclusion of this session, you will understand recent trends in the annuity market, including emerging experience, new product designs, regulatory changes, and the impact of high interest rates.

Description: This session will provide an overview of key considerations and takeaways from the economic scenario generator (GOES) and fixed/indexed annuity reserving (VM-22) field tests. Stylized facts from the new proposed scenario generator will be discussed and a comparison with the existing Academy's scenario generator will be presented. The Main guidelines from VM-22 will be contrasted and compared with CARVM and VM-21, and preliminary model results will be analyzed to understand impacts on pricing, reserving, income volatility, and reinsurance.