We’re approaching the effective date of US GAAP Long Duration Targeted Improvements (LDTI) of January 2023. This is the most sweeping change to US GAAP for insurers in decades. Surveys have shown that significant dollars have been invested by the U.S. insurance industry and that will continue through the implementation starting date. Some important questions to answer are:
What are the changes from the current US GAAP?
How will deferred acquisition cost (DAC) be impacted?
What will be the impact on insurance companies?
How prepared are you to discuss the impact with company senior leadership? What business insights can be gained from LDTI?
What will be the impact on various life products?
What transition issues must you consider?
Learn how to clearly communicate the transitional implications of LDTI from three subject matter experts located in India and the U.S. This interactive webcast includes plenty of time to address important questions.
This is the first of many customized professional development events providing the Indian audience with space for discussions on practical and relevant topics in the coming months.
FSA, EA, MAAA, FCA | Society of Actuaries
FSA, EA, MAAA, FCA
Society of Actuaries
FSA, MAAA | Van Dam Consulting Group
Doug is an actuarial consultant with 35 years of insurance experience. Doug’s work has focused on life and health insurance company financial reporting with emphasis on emerging GAAP issues. He has helped companies in Asia and North America with their LDTI and IFRS 17 implementation.
Prior to becoming an independent consultant, Doug worked for insurance technology companies and prior to that was chief and appointed actuary for life and health insurance companies. He is currently past-Chair of the Society of Actuaries Financial Reporting Section Council, Chair of the American Academy of Actuaries IFRS 17 Task Force and a member of the International Actuarial Association Education and Practice subcommittee.
Email id : doug@vandamcg.com
FSA, MAAA Van Dam Consulting Group
MetLife india
Divyanshu Rastogi is working in the capacity of Unit Manager at MetLife, India from last 3.5 years.
He has total 8 years of work experience in statutory valuation, reporting and US GAAP in life insurance domain.
Currently, he is part of US GAAP reporting and LDTI implementation team for MetLife Europe business.
He is an associate actuary from Institute of Actuaries of India and is working to attain fellowship.
Email id : divyanshu.rastogi@metlife.com
MetLife india
MetLife india
Anjali Tomar is working in the capacity of Unit Manager at MetLife, India from last 4 years.
With over 7 years of actuarial experience, Anjali has worked in the Life Insurance domain in various areas including LDTI Transition for UK Wealth Management business, Solvency II valuation, independent peer reviews for pricing initiatives.
Email id : anjali.tomar@metlife.com
MetLife india
Rajesh Charanda,
Representative - India
M: +91 9910199551,
E: RCharanda@soa.org
With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 30,000 actuaries as members.
Arindam Mookherjee
Representative - India
E: AMookherjee@soa.org
Ravinder Rawat
Representative - India
E: ravinder@cimglobal.in