Article
13 March 2026 - by Yan Fridman, Zi Xiang Low, Galin Mitchener, Zohair Motiwalla, Bill Sayre, Shang Xu
With the initial filing for Actuarial Guideline 55 just around the corner, we offer a case study that illustrates key implications for insurers.
Article
14 January 2026 - by Yan Fridman, Nathan Hoffman, Bill Sayre
NAIC’s Actuarial Guideline 55: We examine alternative run examples and considerations that could affect insurers with reinsurance agreements.
Article
08 September 2025 - by Yan Fridman, Bill Sayre
NAIC’s AG 55: We provide a summary and analysis of similar memorandum requirements for this new guideline on reinsurance asset adequacy testing.
Article
15 August 2025 - by Yan Fridman, Craig Reynolds, Uri Sobel, Alex Thorpe, Deborah Wolf
We explore the societal value of life insurance and life insurers, noting six key findings from industry interviews.
Article
11 July 2025 - by Aatman Dattani, Zi Xiang Low, Yan Fridman, Karthik Yadatore, Zohair Motiwalla
We highlight some key areas for insurers to consider for the upcoming principle-based reserving statutory framework for non-variable annuities under VM-22.
Article
03 April 2025 - by Yan Fridman, Bill Sayre
We present details on NAIC’s proposed new actuarial guideline on reserve adequacy requirements for life insurance companies, which affects 2025’s annual statements.
Article
28 May 2024 - by Prannoy Chaudhury, Tony Dardis, Yan Fridman, Kristen Koon, Lucy Ouyang, Stuart Silverman
Our recent interviews with life insurance executives reveal how companies are adopting innovations and adapting to pressures.
Article
10 May 2024 - by Yan Fridman, Zi Xiang Low, Zohair Motiwalla, Ricardo Trachtman, Karthik Yadatore
We look at the key elements of a principle-based-reserving framework for statutory reserving, known as “VM-22” and under review by NAIC.
Article
29 February 2024 - by Yan Fridman, Ben Johnson, Ricardo Trachtman, Nathan Wilbanks, Karthik Yadatore
We conducted a survey of 13 Fixed Indexed Annuity (FIA) and Multi-Year Guaranteed Annuity (MYGA) writers on several aspects of dynamic adjustments to base lapse rates due to differences between their current and perceived market or competitor crediting rates.
Article
07 December 2022 - by Yan Fridman
We utilize cash flow testing methodology to highlight potential management actions and modeling considerations to help reduce the need for additional reserves.