This session will discuss various investment trends of U.S. insurers including asset allocation, book yields and investment income, and the impact of credit quality, duration and risk assets to investment portfolios. We will review enterprise risk and return quantification for the insurance industry, including the impact of investments to capital-at-risk and return on equity. Lastly, the session will review a few economic highlights that might be noteworthy considerations for insurance investment management as we approach the final months of 2024.

Learning Objectives:

• Review of investment trends and outcomes of U.S. P&C Insurers through year-end 2023
• Understand the impact of diversification and risk quantification with investments
• Insights from recent selected capital market observations

The presentation articulates updated ethics guidelines for insurance industry leaders, covering various topics related the risks of fraud, Environmental/Social/Governance (ESG), and AI, as well as the fraud risk triangle. It examines recent regulatory developments and ethical challenges, like aligning corporate strategies with societal expectations, legal mandates and rising environmental concerns. By integrating videos and handouts related to case studies following by small and large group discussions, the presentation offers pragmatic approaches for embedding ethical principles into organizational culture, ensuring compliance while enhancing stakeholder trust and corporate reputation.

Learning Objectives:

• Consider the impacts of their company on the environment and social responsibilities
• Consider the impacts of AI and the risks associated with its implementation
• Consider fraud risks within their company, how other companies are impacted by fraud, and how to mitigate risks

The session will go into detail about various GAAP, STAT and Tax codification updates that have been recently pronounced. Additionally, we will introduce upcoming standard updates that will be effective in the upcoming fiscal periods, as well as pronouncements not yet effective, but what we consider could have a significant impact on reporting in the future.

Learning Objectives:

• Describe the new and most impactful standards that are required to be adopted for 12/31 year-ends.
• Identify new standards that are not yet effective but that you should consider early adopting.
• Become aware of new standards that are not yet effective but that could have a significant impact in the future.

This session uncovers how insurance companies can implement the principles of the Three Lines of Defense structure to mitigate risk at their organization. Our speaker will describe the key roles and relationships, how to adopt the structure and adequately assess risks, the importance of sound controls, effective control rationalization for SOX, and other principles of risk management pertinent to the insurance industry.

Learning Objectives:

• Determining what the three lines of defense are and why they are important
• How to assess risk at your insurance company
• The importance of internal controls and how internal audit can help

The presentation provides a comprehensive investment market update tailored for insurance companies and industry leaders, highlighting the current economic landscape and its implications. Jay Conner will delve into recent market activity and macroeconomic trends, such as interest rate fluctuations and inflationary pressures, and analyze their impact on fixed income and equity portfolios. The session also explores regulatory changes and emerging risks, offering strategic insights into diversifying investments to enhance yield while mitigating potential downsides. By leveraging data-driven forecasts and expert opinions, the presentation equips insurance firms with actionable strategies to optimize their investment portfolios in a dynamic market environment.

Learning Objectives:

• Discuss macroeconomic landscape affecting the insurance industry and its leaders
• Unpack recent trends and concerns for the market, such as interest rates, inflation, employment, and valuations
• Use data and forecasting to illustrate where the market is likely heading and what leaders should be wary 

In the face of escalating cyber threats and stringent regulatory demands, insurance companies must navigate a complex landscape to safeguard their operations and data. Participants will delve into the latest cyber risks, explore key regulatory requirements, and learn about cutting-edge risk mitigation techniques. Through detailed case studies and best practice examples, this session aims to equip insurance leaders with the tools to protect their organizations against cyber-attacks, ensure compliance, and implement robust data security measures. By the end of the session, executives will have a comprehensive understanding of the cybersecurity landscape and be prepared to lead their organizations with confidence and resilience.

Learning Objectives:

• Discuss essential cybersecurity knowledge and learn of actionable strategies
• Explore key regulatory requirements and cutting-edge risk mitigation techniques
• Gain a comprehensive understanding of the cybersecurity landscape