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VM-20 for principle-based reserving: Tales from the front office
Manage episode 340455352 series 2342257
The VM-20 requirement is no longer hypothetical—it’s here, and it’s had a big impact on principle-based reserving for the life insurance industry. In this episode of Critical Point, we hear how experts are coping. Michael McCarty from Legal & General America shares the direct carrier’s side, while Laiping Wong-Stewart from RGA brings the reinsurer’s perspective. They are joined by Milliman actuaries Uri Sobel and Paul Fedchak in a conversation about the challenges and successes surrounding assumption setting, governance processes, and other changes created with the new regulation.
You can read the episode transcript on our website.
58 odcinków
Manage episode 340455352 series 2342257
The VM-20 requirement is no longer hypothetical—it’s here, and it’s had a big impact on principle-based reserving for the life insurance industry. In this episode of Critical Point, we hear how experts are coping. Michael McCarty from Legal & General America shares the direct carrier’s side, while Laiping Wong-Stewart from RGA brings the reinsurer’s perspective. They are joined by Milliman actuaries Uri Sobel and Paul Fedchak in a conversation about the challenges and successes surrounding assumption setting, governance processes, and other changes created with the new regulation.
You can read the episode transcript on our website.
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