Description: "In this session, we will delve into the complexities of liquidity risk within insurance portfolios, focusing on how insurers manage this risk in an increasingly competitive and volatile market. With insights from industry leaders and real-world examples, attendees will gain a comprehensive understanding of the factors driving liquidity risk and the strategies used to mitigate it. We will explore the impact of economic policies, market dynamics, and regulatory changes on liquidity risk management. This session is designed for actuaries, investment professionals, and anyone interested in enhancing their knowledge of liquidity risk in the insurance sector. In this session, you will: - Understand the key factors contributing to liquidity risk in insurance portfolios, including market liquidity risk and funding liquidity risk - Identify the methods used to measure and control liquidity risk, such as stress testing and cash flow projections - Gain insights into the strategies employed by leading insurers to manage liquidity risk and optimize their portfolios - Learn how to apply these strategies to enhance your own risk management practices and investment decision-making process"

Description: "This session explores the impact of climate change on mortality trends, drawing insights from a South African study that examines the relationship between rising temperatures, extreme weather events, and excess deaths. We will discuss the key findings, statistical methods used (including copulas for dependency modeling), and the broader implications for insurers, reinsurers, and policymakers. The session will also touch on how climate risk is increasingly shaping actuarial assumptions, pricing, and capital management. By the end of this session, participants will: - Understand the relationship between climate change and mortality trends, with a focus on South African data. - Explore statistical methodologies, including copula modeling, to assess dependencies between temperature and excess deaths. - Assess the implications of climate-related mortality risks for life insurance and reinsurance. - Identify potential adaptations in underwriting, pricing, and capital management to account for climate risk."

Description: This session will explore the latest developments in the Bermudian market with a focus on investment risk managmenet, covering the landscape of Bermudian investment portfolios, investment risk management framework and the introduction of Recovery Plan Rules. This session will place a specific focus on changes to the BMA's investment management framework including enhancements to the asset approval processes as well as the application of the Prudent Person Principle. Coming out of this session, attendees will gain valuable insights into how these recent regulatory changes enhance the investment risk management framework in Bermuda and offer practical guidance on navigating this evolving environment.

Description: A deep dive into utilizing open-source tools for cash flow projection or valuation tasks when Excel and vendor software may not be the right fit. Speakers will cover common concerns about open-source tooling, a real-world example of Excel at its limits, a walkthrough of building a valuation engine in Python, performance comparisons of multiple languages and implementation approaches, and perspectives on using open-source tooling in the real world. Attendees will learn the pros and cons of open-source tools, when incorporating these tools might make sense, ways to get started, and gain exposure to advanced topics like profiling and optimization, concurrency, and adding a graphical user interface.

Description: This session will provide an overview of the latest developments in life reinsurance, with a particular focus on offshore reinsurance activities. Attendees will gain insights into the key drivers behind these deals, including regulatory and strategic considerations. The discussion will delve into the factors influencing jurisdiction selection for offshore reinsurance, with a specific emphasis on Bermuda as a leading jurisdiction. The session will explore Bermuda's regulatory regime, its advantages for reinsurance transactions, and how it aligns with global regulatory standards. Additionally, the session will discuss NAIC's recent developments regarding offshore reinsurance AAT and its implications for insurers and reinsurers operating in this space.

Description: Have you ever wondered why some people are the focus of everyone's attention the moment they walk into a room? Executive presence is the set of qualities that enables an individual to command respect, inspire confidence and influence others. In fact, executive presence sets successful leaders apart from others. It includes a range of skills and behaviors, including effective communication, leadership, vision and managing your emotions.

Description: Based on the work of the American Academy of Actuaries, this session will share insights on auditing an algorithm and provide an artificial intelligence governance checklist.

Description: As the adoption of offshore reinsurance strategies continues to grow among insurers seeking to optimize their capital and balance sheets, a critical focus for both prospective and current adopters is the establishment or enhancement of existing data, technology, and modeling processes to meet offshore reporting requirements. Drawing from practical experience, this presentation aims to provide attendees with key insights for successfully producing the necessary reporting items for offshore reinsurance entities, along with considerations for operational efficiency, model and data governance, and management decision-making.

Description: The objective of this session is to help actuaries understand the impact of tax regulations on actuarial reserving and the calculation of the Value of Business Acquired (VOBA). Actuaries must ensure compliance with tax reserving requirements, assess differences between statutory and tax reserves, analyze tax treatment of VOBA in mergers and acquisitions, and evaluate their financial implications. By integrating tax considerations into actuarial modeling, insurers can optimize tax efficiency, maintain regulatory compliance, and enhance financial performance.

Description: MSA Research established a committee in 2024, to build industry-standard Key Performance Indicators (KPIs) for IFRS 17. The committee was comprised of insurers, reinsurers, audit and consulting firms, professional associations, trade organizations, technology partners, and regulators.