Description: Over the past year, we conducted several industry surveys, including the Asset-Intensive Reinsurance Companies Survey, where we interviewed nearly 30 reinsurers, and the Survey on Internal Reinsurance and Internal Affiliates (such as captives and sidecars), which saw participation from more than half of the top 30 U.S. life insurers. While full survey reports were shared exclusively with participating companies, this presentation will highlight key findings on some of the industry's most frequently discussed topics.

Description: This session will introduce attendees to a variety of powerful tools in Excel designed for manipulating and analyzing large datasets, including seriatim data with millions of rows. Alternatively, the attendee with learn equivalent strategies using R. Both approaches can validate each other.

Description: "This session will cover recent and new NAIC actuarial guidelines and their impact on U.S. statutory cash flow testing. The focus will be on the new Reinsurance Asset Adequacy Testing Actuarial Guideline and Actuarial Guideline 53. It is intended to benefit consultants interacting with NAIC statutory regulations, including those involved in appointed actuary work, statutory financial reporting, or mergers and acquisitions."

Description: The purpose of this presentation is to give an overview of the CP2 requirements for Bermuda statutory reserves and capital, which went into effect for 2024 reporting, along with a summary of the impact of these new requirements. Some of the CP2 changes include bringing the Bermuda Solvency Capital Requirement (BSCR) more in line with other capital reporting regimes, such as Solvency II. For example, lapse, expense, interest rate, and equity shocks are now required to compute the lapse, expense, interest rate, and equity shock components of required capital.

Description: Actuarial modernization is transforming the profession, and coding plays a central role. Coding skills enable actuaries to automate data manipulation, streamline model development, and effectively harness advanced analytics. This session explores why coding is foundational to the future of actuarial work, highlighting practical use cases, essential technologies, and career benefits.

Description: The NAIC Generator of Economic Scenarios (GOES) Project is scheduled to go live in January 2026. Over the past five years the GOES economic scenario generator has evolved significantly. Important modifications such as the flooring of interest rates and the process for initializing the time 0 interest rate yield curve has been part of this evolution. The introduction of a suitable Stochastic Exclusion Ratio Test (SERT) and associated deterministic reserve (DR) has also evolved and remains a work in progress. At this point in the GOES project, several field tests and model office results are available that provide some insight into the differences between the current AIRG model and the GOES model that is about to be introduced.

Description: In this presentation, we will delve into the latest investment trends transforming the life insurance industry. We will start with a comprehensive overview of the key asset classes and strategic allocation approaches commonly adopted by insurers. Our session will then examine emerging market dynamics, with a particular focus on opportunities in private credit and securitized assets. We will also highlight the practical implementation of Buy and Maintain strategies, including a detailed cashflow-matching case study, to demonstrate how these approaches can enhance yield potential, minimize trading costs, and optimize capital efficiency in light of evolving regulatory requirements. Through this case study, audience will gain insight into portfolio construction and the critical considerations driving investment decisions within the industry.

Description: This session will go through recent and new NAIC Actuarial Guidelines and the impact it has had on the US Statutory Cashflow testing. The focus will be on the new Reinsurance Asset Adequacy Testing Actuarial Guideline and Actuarial Guideline 53.This session is intended to be beneficial for consultants who interact with NAIC statutory regulations. This could be Appointed Actuary work, statutory financial reporting work, or M&A.

Description: "This session is designed to provide small companies with a understanding of the VM22 update and practical steps to ensure a smooth implementation. VM22, a critical update in the industry, introduces new features, compliance requirements, and operational changes that can significantly impact business processes. Attendees will gain insights into the key aspects of the update, its implications for small businesses, and actionable strategies to prepare for implementation. The session will also address common challenges faced by small companies and provide best practices to mitigate risks and leverage the update for improved efficiency and compliance. By the end of this session, participants will be able to: 1. Understand the VM22 Update: - Explain the key features and changes introduced in the VM22 update. - Identify the compliance requirements and deadlines associated with the update. 2. Assess Impact on Small Companies: - Evaluate how the VM22 update affects existing business processes, systems, and workflows for small companies. - Recognize the potential challenges and opportunities. 3. Prepare for Implementation: - Identify the resources, tools, and support needed for a successful transition. - Access support for resources"

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.