Description: In this video Ben Keslowitz describes the differences in types of Annuities. Ben discusses that there are two main types: immediate annuities, which start payments right away, and deferred annuities, which delay payments. He then goes on to discuss immediate annuities include lifetime, certain only, certain and life, and joint and survivor annuities, each offering different payment structures and durations. He dives into these structures to give the viewer an intro level on options on annuities.

Description: This will be an engaging and interactive session that will begin with a game show to level set basic knowledge of LDTI. Next, you will have an opportunity to ask the experts in-depth questions about anything related to LDTI. Finally, we will invite the 2023 adopters to share their experiences with the 2025 adopters. The exact content will be driven by participants but is expected to include MRB valuation approaches, LFPB reinsurance topics, DPL, DAC, and disclosure topics. At the end of the session, participants will understand different perspectives from industry experts and peers on the many facets of LDTI.

Description: How do we take a Minimum Viable Products (MVP) approach to launch new insurance products? Join this moderated discussion and focus on three key development aspects: Distribution, Systems, and the design and pricing of the Insurance product itself. Come discuss reasons to choose an MVP approach and how it solves many of the product launch challenges.

Description: The speakers will work through hands-on Excel examples of bootstrapping interest rate curves—including forward, spot, and par rates. The presenters will also cover models such as Hull-White and the Forward Market Model with an emphasis on derivative valuation and exposure calculations.

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: Come learn from a panel of LTC industry professionals as they discuss setting goals for LTC wellness, measuring success of the programs, and integrating them with other LTC process (e.g. assumption setting) in an effort to create sustainable programs.

Description: This session will provide an overview of the landscape of accident and health insurance valuation. Attendees will gain an understanding of key concepts and various actuarial techniques employed in the valuation of accident and health insurance policies. By incorporating real-world perspectives and experiences, this presentation equips attendees with actionable knowledge to enhance their understanding and approach to accident and health valuation in an ever-evolving insurance landscape.

Description: This webcast will explore the shifting landscape of healthcare costs. It will cover healthcare trend basics, recent developments, and what’s ahead. Drawing from comprehensive data analysis and industry insights, this presentation promises to equip attendees with actionable knowledge to navigate the complex terrain of healthcare expenses effectively.

Description: This session will cover the latest information on annuity products. It will cover sales levels, product features, and pricing trends. It will also cover latest regulation effects on products and pricing. It will give the audience a well-rounded view of the annuity market and the current environment.

Description: Predictive analytics and technology have dramatically enhanced insurers’ ability to write Life Insurance policies without the need for medical exams in the past 10 years. Rapid, remote access to richer, digital health data has helped better identify higher risk individuals and capture anti-selective behavior, allowing policies to be issued at rates more competitive than traditional guaranteed issue products. Yet this underwriting technology is still new and rapidly evolving, challenging insurers to develop appropriate assumptions for new issues as well as the valuation of in-force blocks.In this session, we will look back at mortality and persistency experience data gathered in Oliver Wyman’s industry-wide VM-51 experience study, one of the most comprehensive data sets to include limited underwriting business in recent years. We will see how experience held up against expectations, and what possible trends we see across various policyholder characteristics. We will then zoom in on the impact of risks that would be considered uninsurable from a full underwriting perspective, and the impact that these lives are having on in-force blocks from a valuation perspective. Finally, we will look forward, examining some of the newest innovation in the limited underwriting space, as presenters discuss methods and considerations for the validation, assessment and implementation of new underwriting offerings, such as Milliman Risk Score and LabPiQture™.Attendees will enhance their understanding of the impact of underwriting changes over the past decade, as well as have a view of how things may change in future years as the industry becomes progressively more capable of assessing risk without the need for medical exams.