Welcome to the Fall 2020 edition of our AXIS newsletter. We hope you and yours remain happy and healthy. This issue deals with ever-evolving thinking in an uncertain world. The shifting economic and risk landscape driven by the COVID-19 pandemic is placing increased demands on actuarial departments and models, requiring actuaries to be proactive and forward-thinking in their model design. Evolving industry views around the treatment of market risk benefits (“MRB”) under US GAAP long duration targeted improvements (“LDTI”) are impacting companies’ accounting policies and informing AXIS software enhancements. In addition to insights on these two topics, you will find helpful tips and tricks for navigating the system and highlights of new features in recent AXIS releases. We hope you enjoy the newsletter.
