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: The Society of Actuaries will be offering this webinar series intended to educate and investigate aspects of life insurance, annuity, and long-term care product tax compliance. Developed by the Taxation Section, participants will be brought up to date on recent Internal Revenue Service (IRS) guidance and learn about the newest tax issues related to product design and administration. Legal, IRS and product development experts will provide vital insights into the challenges of developing and administering products within the requirements of the Internal Revenue Code (IRC) and allow ample opportunities for questions and information exchange. This session will feature an open forum for seminar participants to engage in Q&A with industry leading panelists.

Description: The Society of Actuaries will be offering this webinar series intended to educate and investigate aspects of life insurance, annuity, and long-term care product tax compliance. Developed by the Taxation Section, participants will be brought up to date on recent Internal Revenue Service (IRS) guidance and learn about the newest tax issues related to product design and administration. Legal, IRS and product development experts will provide vital insights into the challenges of developing and administering products within the requirements of the Internal Revenue Code (IRC) and allow ample opportunities for questions and information exchange. This session will provide an intense introduction to the basics of product taxation, with a focus on life insurance and the requirements of Section 7702.

Description: Hybrid life and LTC products are growing in popularity, and reserve calculations for these products pose unique challenges. Find out how practitioners are thinking about modeling, assumption updates, and product considerations.Attendees will be able to describe today's hybrid product reserving considerations, including keys to reserving for acceleration (vs. extension and restoration) benefits, under different reserve paradigms.

Description: La comprensión y la proyección de la evolución futura de la mortalidad es crucial para decisiones en campos como la salud pública y la planificación de sistemas de seguridad social y pensiones.

Description: In this webcast, presenters discuss the results from a recent Mortality & Longevity Strategic Research Program study comparing U.S. general population mortality and life expectancy using different definitions of health status including those individuals without impairments.

Description: Most people will now have had some exposure to large language model tools such as ChatGPT and will have been impressed by their ability to write essays or generate computer code. However, fewer people will be aware of the next phase of AI, which will turn AI chat assistants into more fully fledged AI colleagues.

Description: "This session will delve into strategic forecasting and unified modeling, an innovative approach that utilizes an orchestration engine to streamline model execution and the forecasting process across various platforms. By leveraging publicly available technology stacks, we will demonstrate how a unified modeling platform can enhance workflows and tackle complex business challenges, providing valuable insights for both actuaries and executives. Additionally, we will explore the potential of a top-down framework to facilitate the rapid analysis of key 'what-if' scenarios, minimizing the need for extensive bottom-up modeling processes. A comprehensive data diagram will illustrate the expansion opportunities, showcasing how this unified modeling framework can scale across an entire organization, supporting strategic initiatives such as mergers and acquisitions, reinsurance transactions, and other capital management strategies. Learning Objectives: Discover a holistic approach to strategic forecasting that aligns with organizational goals Understand the potential of unified modeling to significantly enhance actuarial processes and decision-making capabilities Explore how programming language support unified modeling initiatives across various business functions Identify the benefits and challenges associated with implementing unified modeling within your organization"

Description: This session will focus on US GAAP accounting for life insurance and annuity transactions from an actuarial valuation perspective. With the high volume of recent M&A and reinsurance activity, many companies are onboarding blocks of business and performing Purchase GAAP or PGAAP-like exercises. Methodologies for establishing liabilities and intangible balances often vary based on the unique aspects of each transaction. This first half of this session will provide an overview of PGAAP elements and considerations, while the second half will dive into examples using interactive case studies. By attending this session, you will learn: Perspectives and approaches for initiating reserves and intangible balances when onboarding a new block of business

Description: This session will provide a comprehensive overview of key aspects related to the GAAP/VM-21 valuation for RILA. We will discuss how VM-21 can reward companies for making conservative decisions and examine the key factors that drive different levels of VM-21 reserves and capital. We will also cover how ALM management for RILA differs from other annuities. The attendees will gain insights into practical considerations, challenges, and solutions in implementing RILA valuation.