PolySystems LDTI enhancements span multiple modules and programs creating a comprehensive solution for LDTI modeling and reporting requirements.
In early January 2020, PolySystems announced its sixth software release supporting FASB’s ASU 2018-12, commonly known as US GAAP (“GAAP”) Long Duration Targeted Improvements (“LDTI”). Future LDTI-related enhancements will reflect emerging industry practices and methodology.
LDTI shines a brighter light on modeled cash flows, making this release from PolySystems timely as it coincides with the December 2019 adoption of the Actuarial Standards Board’s (“ASB”) Actuarial Standard of Practice 56 (“ASOP 56”) covering Modeling.
Authors
Katie Kervick
Consultant
Oliver Wyman Ideas App
