PBR Bootcamp: Hedge Modeling
The Valuation Manual requires that all hedges be modeled. Are you prepared for this? The webinar discussed:
The Valuation Manual requires that all hedges be modeled. Are you prepared for this? The webinar discussed:
A new issue brief, Buy-Out Group Annuity Purchase Primer: Pension Plan Sponsor’s Role and Considerations, from the Pension Committee focuses on “buy-out” annuity contract transactions, one of the ways pension plan sponsors transfer pension payment responsibilities and associated risks to other parties. During this webinar, our speakers will dive into the brief and its key points, and discuss considerations to keep in mind.
The cyber risk landscape continues to evolve. The Academy’s Committee on Cyber Risk spoke on new and upcoming resources that provide valuable insights into the world of cyber risk.
Reinsurance considerations are complicated enough that VM-20 has a whole section dedicated to reinsurance. Direct writers and assuming companies have both similar and opposite considerations. This webinar covered topics such as:
This latest iteration of our popular “Tales from the Dark Side” webinar explores examples of ethical problems based on cases and requests for guidance that have been brought before the Actuarial Board for Counseling and Discipline (ABCD).
Actuarial Standard of Practice (ASOP) No. 20, Discounting of Property/Casualty Claim Estimates, has been the subject of revisions with the Actuarial Standards Board for several years. On December 1, the final updates to ASOP No. 20 went into effect. We discussed what has changed, and what might require some additional insight from the drafters.
First, COVID hit and the economy virtually shut down. The government responded with highly expansionary fiscal and monetary policy to reduce the impact of the resulting economic contraction. But the policy response caused inflation to jump as the economy recovered.
Have you wondered what your regulator thinks about your PBR report or how you stack up compared to other companies? In this webinar, attendees heard from regulators:
A continuation on the previously published issue brief and part of the Data Science and Analytics Committee (DSAC) series, Additional Considerations in Data Science, this webinar examined the key types of data bias that actuaries may encounter and focused on the kinds of biases found in modeling data and the implications for algorithmic outcomes.
The Life Experience Committee released an issue paper, Considerations Regarding Dynamic Lapses in Actuarial Modeling. The issue paper explores items that impact lapses and discusses the impact of dynamic lapses on various life and annuity products, offers sample formulas for use in modeling, discusses how predictive analytics could be an alternative approach to model lapse behaviors, and provides sources of information on lapses.