Description: 2022 Health Meeting Recording Bundle

Description: Insurers have long relied on scenario analysis to understand the long-term impacts of potential business decisions, but the advent of rapidly changing market environments and a growing desire to optimize capital has spurred business leaders to leverage new tools in order to explore potential options.

Description: This session will discuss the regulatory environment for life and annuity products. The ever-changing landscape of the regulatory environment makes life and annuity product development and management more complicated. Federal developments, including the DOL fiduciary rule and Algorithmic accountability, as well as State developments such as AI and challenges to underwriting are just a few of the topics covered in this session.

Description: How is extreme weather impacting you? If you live in California, you may have been impacted by the atmospheric rivers unleashing record-breaking rain and snow last winter. If you live in Canada or near Canada, you may have been impacted by the wildfires raging last spring. NASA has declared that the summer of 2023 was the hottest on record. Americans are noticing these changes. In a survey conducted by the Society of Actuaries (SOA) Research Institute, the majority of Americans have reported that extreme weather events-including hurricanes, tornadoes, heatwaves, wildfires, and flooding-have had negative impacts on their health (53%), property (51%), communities (58%) and feelings of general safety (65%). In this session, the presenters will discuss the science behind climate change and the associated risk. At the end of this session, participants will be able to: - Define key terms relating to climate change - Describe the causes of climate change - Describe the impact of climate change our ecosystem, property, and population health. - Describe the impact of climate change on the day-to-day work of actuaries

Description: Be a part of an interactive discussion on post COVID-19 pandemic mortality. Panelists examine mortality trends and their drivers and what the future may hold. Multiple perspectives will be presented. Topics discussed and debated will be based on your input so come prepared to ask questions and contribute to the discussion. By attending this session, you'll be able to: - Identify current and emerging mortality trends. - Better understand these latest mortality issues and their potential actuarial practice implications. - Apply these learnings to your daily practice.

Description: IUL continues to be the strongest selling UL product. Companies have great profit/pricing expectations, but are those results being achieved? Learn about potential areas of underperformance for IUL including behavior related issues, hedging inefficiency, and mortality issues. The session will also discuss ways to monitor these risks and discuss different means to address potential issues of underperformance in hedging, pricing and in force earnings.

Description: It has been roughly 10 years since the first accelerated UW program was introduced to the market, driving a new paradigm around risk evaluation and customer experience. 10 years in, carriers continue to struggle to assess the expected impact of these new programs. In this session, our expert panel will discuss the progress and pitfalls we have experienced over the last 10 years, assess where we stand today and provide their perspectives for the future.

Description: Join our expert panel for a deep dive into the evolving role of actuaries as technology and innovation reshape the insurance industry. This session will cover the impact of insurtech startups and emerging business models, as well as the competencies actuaries need to thrive in this changing environment. You'll gain insights from industry leaders, futurists, and experienced actuaries who have navigated significant changes in their careers. Learning Outcomes: Understand the key trends in insurtech and other emerging technologies affecting the actuarial profession. Identify the skills and knowledge actuaries need to adapt to the evolving landscape. Explore potential career paths and opportunities for actuaries in insurtech and other innovative areas. Learn strategies for staying resilient and relevant in a rapidly changing industry.

Description: The expanded use of predictive models, algorithms, and external consumer data has drawn the attention of the life insurance industry to the matter of fairness and bias in underwriting, including proposed regulation in states like Colorado and New York and a draft NAIC Model Bulletin. Insurers will benefit taking a proactive approach to verifying that their practices, both current and future, do not result in unfair discrimination. This session will help attendees in understanding potential requirements and reporting insurers must address, techniques and tools for evaluating bias, and challenges in doing so. At the conclusion of the session, attendees will be able to: - Understand proposed regulation and practices regarding fairness and bias - Identify tools and techniques for evaluating bias in their processes - Discuss the challenges the industry will face in addressing fairness in underwriting

Description: This session will review what is going on in the life insurance market. Make sure you are up to date on sales, distribution, product innovations, regulations, inforce management and changes happening in the life insurance space. At the end of the session, attendees will be able to identify what's happened in the life insurance market, explore where the market is heading and identify areas of risk that are opening up due to changes occurring the life insurance space.