Description: This webcast provides an overview of the key provisions of the recently enacted SECURE 2.0 Act of 2022, which significantly changed the rules that apply to qualified retirement plans and IRAs. The presenters will examine a history of the legislation and focus on some of the key provisions of the Act. In particular, we will discuss provisions that give individuals more flexibility on how they will contribute to their retirement accounts and provisions that provide new ways for individuals to save. Explore certain significant structural changes to the rules such as the automatic enrollment for new plans and the elimination of lifetime RMDs for designated Roth accounts. The panel will also focus on the provisions that provide greater access to retirement funds through new distribution exceptions and how this might affect a company’s reporting obligations. Come learn about some of the relief provisions included in SECURE 2.0, including an expanded EPCRS program to cover errors relating to IRAs.

Description: Join us for an Economic Outlook Panel that will explore topics like "what are markets saying about likelihood and severity or a recession?" and "how is inflation impacting investment decisions?" Our investment experts speaking at this panel have backgrounds in asset management, insurance and pensions and plan to speak on current macroeconomic trends and their impact on the market. Audience members will have the opportunity to participate and ask question during this live webcast. Prepare for a lively conversation with a panel focused on impacts of our economic environment.

Description: A jurisdiction’s regulatory regime can make some insurance products capital intensive to write. This can increase incentives for insurers to enter into risk transfer arrangements, such as reinsurance, to support their business and growth objectives.

Description: French version of article

Description: This article offers ways to make use of Excel more efficient, by applying software development and design principles

Description: The SECURE Act of 2019 requires an annual disclosure to participants in defined contribution plans. The intention is to help participants understand the relationship between their account balances and the estimated retirement income—that might be provided from those balances. But the disclosure requirements lack the features needed to provide meaningful information to many participants, which can be misleading if not well understood. Consequently, this provides an opportunity for actuaries to work with retirement plan sponsors to improve the disclosures.

Description: This article focuses on the market risk benefit (MRB) measurement model and will examine a generic guaranteed minimum death benefit (GMDB) in the context of LDTI and its impact from both the ceding entity and the reinsurer standpoints.

Description: A special issue of the Annals of Actuarial Science, focusing on insurance data science, was published on July 1. As explained by the editors—Katrien Antonio (KU Leuven), Christophe Dutang (Université Paris Dauphine), and Andreas Tsanakas (City, University of London)—the theme of this issue grew out of the rapid and transformative developments in the field, with the increased use of computational statistics, machine learning and artificial intelligence models in insurance applications. While the special issue has been associated with the Second Insurance Data Science Conference, held in June 2019 at ETH Zurich, the published papers come from a wider and very distinguished pool of authors.

Description: InsurTech has been expanding rapidly in the life space over the past few years. However, far from being just a recent buzzword, it has a long history rooted in FinTech.

Description: LEARN is an offering to regulators about reinsurance. This article summarizes a session held for Brazilian health regulators in the fall of 2022.