Description: Dive into the vibrant world of Bermuda's reinsurance market! This session will provide a comprehensive overview of the latest market trends shaping Bermuda's dynamic landscape. First, we will discover how global shifts and regulatory changes are influencing market strategies and review recent deal activity. Afterward, we will explore hot topics in offshore valuation, exploring innovative approaches and methodologies that are emerging in this unique jurisdiction. Whether you're interested in market dynamics or valuation intricacies, this session promises to equip you with the insights needed to stay ahead in Bermuda's ever-evolving financial ecosystem. Join us for an informative journey that combines expert analysis with practical insights.

Description: Want to know what's going on with life products? Come hear the life product update in the style of talk show that will provide you with quick hits on what's going on with life insurance products including new products, regulations, and trends on the life insurance space.

Description: Explore the intricate world of asset-intensive reinsurance in this session, designed to demystify the complexities and highlight the strategic importance of asset-intensive reinsurance in today's financial landscape. Delve into how insurers are leveraging asset-heavy portfolios to optimize risk management and enhance capital efficiency. We will discuss the latest innovations and practices shaping the industry, offering a clearer understanding of the opportunities and challenges inherent in this approach. Whether navigating regulatory changes or seeking to optimize risks and return on capital, this session provides the essential knowledge needed to thrive in a rapidly evolving market. Join us for a deep dive into the strategies that are reinsuring the financial future.

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

Description: The Academy Economic Scenario Generator is set to be replaced by a new ESG created in a partnership between the NAIC and Conning. This summer, we will present three separate webinars that will investigate the key features of the new ESG, examine the process through which it was created, and discuss what it all means for actuaries impacted by the change.

Description: Accounting Standards Update No. 2018-12, Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI) has been effective for most large, public business entities since 2023 and will be effective for other insurers in 2025. While the guidance clarifies the need for incorporating claim liabilities and premium accrual balances in the liability for future policy benefits (LFPB) under LDTI, companies may still have questions given there are limited details available around the techniques used in practice. In this article, we demonstrate the need for incorporating claim liabilities and premium accrual balances in the LFPB under LDTI. We also look at two potential approaches of incorporating these accrual balances.

Description: The presenters will dig into the little rider that most actuaries don't spend much time thinking about. A regulator, a direct writer and a consultant will discuss their thoughts on this rider and point out areas where actuaries should focus before deeming it insignificant. Topics will include the current study underway to update the industry experience study (most recently done in 1952), underwriting considerations, interactions with other riders, benefit designs, unique issues on UL policies, tax implications and reserving considerations

Description: Over the last few years, many direct companies have started inforce management programs and are now navigating what actions can be taken to optimize the business. At the same time, the legal, compliance, and regulatory environments are also changing. The presenters will explore the development and implementation of programs such as changing non-guaranteed elements or efforts to improve experience while considering the changing compliance environment, including New York Regulation 210, ASOP2 and litigation challenges.

Description: Since the outbreak began in January, numerous research groups throughout the world have developed models to forecast the number of deaths that could result from COVID-19.

Description: The goal of this survey is to collect and disseminate information on best practices around sales and the issuance of new business. This is a follow up to a similar survey fielded in April of this year and seeks to update participants regarding changes in practices and viewpoints since April.