Description: Long Duration Targeting Improvement's (LDTI's) roll-forward disclosure requirements include line items for the impact of actual variances from expected experience (A/E) for both net premiums and benefits. These aggregate A/E amounts provide some insight into how actual experience is emerging relative to expectations, but they do not provide insight into either the drivers of the deviations or their significance.

Description: Come hear from a panel focused on hot topics in the life/LTC combination product market. The presenters will look at regulatory developments, evolution of the risk selection process, and provide an update to the assumption of natural risk hedging in hybrid products.

Description: "Over the past few years, there have been significant changes in the indexed and variable universal life insurance market. These changes have been driven by a variety of factors, including advancements in technology, changes in consumer preferences and shifts in the regulatory environment. Join us as we discuss some of the most important recent changes in the universal life insurance market, specifically: - Advances in underwriting: With the help of big data analytics and artificial intelligence, underwriting has become more efficient with minimal loss in accuracy. - Changes in product design and evolving markets: Over the past few years, there have been several notable product trends. Hear panelists discuss some shared aspects of these product launches and updates, spanning both retail and institutional markets. - The impact of changing interest rates: Many insurance companies have had to adjust their pricing and product offerings in response to the dynamic economic environment. Panelists will discuss how interest rates and volatility have impacted the universal life market and what insurers are doing to adapt and prepare for further changes. - Regulatory changes: Finally, our conversation will turn toward some of the most important recent regulatory changes that have impacted the universal life insurance market, including revisions to Actuarial Guideline 49A (AG49A), Long Duration Targeting Improvement (LDTI) accounting standards and other regulatory initiatives. Learning Outcome: You will better understand the trends and drivers of product changes in this core life insurance market. TRACK: Pricing/ Product Development (Underwriting, ULSG, Etc.)"

Description: Actuarial transformation initiatives often require significant investment in time and resources. However, not all initiatives deliver the desired results. Complex integrations of new data and technology pose a significant challenge for business and technology teams to deliver on time and on budget. This challenge can be overcome if addressed thoughtfully with emerging technology and business-friendly tools which offer benefits to both actuarial business users and technology professionals. In recent years, low-code technology has emerged which empowers actuaries by providing capabilities for data analytics, self-service, and visualization without requiring extensive technical prowess. Pairing these tools with emerging cloud-based data management solutions allows actuaries to quickly manage and analyze large data sets along with enhanced governance and integration. By adopting these technologies, actuaries are empowered to deliver better outcomes for their organizations Come explore a panel of actuarial business and technology experts who will share their insights and experiences on how low-code technology solutions can empower actuaries with better access to data and analytics. The panelists will discuss real-world case studies to demonstrate the practical benefits of these tools and how they can be used to achieve better business outcomes.

Description: Join us to learn how life insurers and reinsurers have partnered with biotech innovator GRAIL to help save lives by offering a multi cancer early detection test. After a year of partnership, we are excited to share the impact we've had on people's lives and the progress we've made in different pilot programs. During this session, you will learn about key findings from these programs, and how life insurers can take action and bridge the gaps in the US healthcare system to achieve one common goal with their policyholders: help them live longer and healthier lives. More broadly, the purpose of this session is to educate and showcase how insurance companies can step out of their traditional role and use creative solutions to solve problems that benefits both the policyholders and the insurers.

Description: Advancements in machine learning modeling as well as new sources of data coming to the fore help feed the burgeoning industry of InsurTech applications in underwriting. By attending this session, you will learn about the latest developments in InsurTech applications in life/health insurance underwriting.

Description: Join us as some of the hottest topics are debated by a multi-discipline panel of industry experts focusing on potential impacts to key performance metrics. Will their arguments sway you? The final say is yours as audience polling decides which side wins the day. This fiery clash will include such topics as: what's really driving mortality?, can I really assume 'all else equal' when making underwriting changes?,I dare you to step over this line - is there an inflection point in fluidless underwriting as qualification rates increase with continued upward pressure?,how many years to credible mortality?, can I really tell if this is working anytime soon? and how effective are leading performance indicators? By attending the

Description: As accelerated underwriting continues to evolve, it is a delicate balance to ensure these programs are managed effectively for both short- and long-term results. And there's debate about whether these programs are getting too aggressive. Join panelists as they share their viewpoints on the state of accelerated underwriting, the data sources, models, tools and techniques commonly used, how the landscape is destined to change with more dynamic approaches in underwriting, and how best to monitor these programs, and the impacts of these programs to carriers and the industry as a whole.

Description: Most insurers operate in a multi-GAAP world: Many U.S. insurers are regulated on a statutory/risk-basec capital (RBC) basis, report to markets under U.S. GAAP, pay taxes on a tax basis of accounting, and manage their business internally on an economic or other basis. In addition, many have overseas entities exposed to even more reporting bases. Reporting requirements are ever increasing and convergence of frameworks is not a reality in most parts of the world.Learn about a multi-GAAP framework to gain a bottom-up understanding of the differences in reserves and other balance sheet and income statement line items across reporting bases, both now and for future projections/plans. Using such an approach enhances insight into the valuation of the business, removes inconsistencies and results in operational efficiencies in the valuation process. At the conclusion of the session, you will learn technical concepts behind the Multi-GAAP framework and some practical ways to design and implement it.

Description: Statutory and GAAP metrics are useful for regulators, investors, and other external parties who require a consistent basis for viewing snapshots of companies at a point in time, however, their uses are more limited for managers who are tasked with making strategic decisions. Many insurers are turning to internally developed metrics such as value of new business (VNB) for better profitability insights at the point of sale and to understand how new business profitability changes over time. By leveraging existing models and reporting processes, insurers can reduce the additional effort involved, applying VNB toward applications such as pricing, capital allocation, and risk management. Discuss key considerations for developing and using VNB. Begin with a brief overview of VNB, including how VNB addresses specific shortcomings of Stat and GAAP. Next, discuss applications of VNB for life and annuity business and conclude with some implementation case studies.