PolySystems is excited to announce that we have entered a licensing agreement with the Actuarial Practice of Oliver Wyman. Please see the following press release issued by Oliver Wyman to learn more about our partnership:
Stop by and see PolySystems at the Valuation Actuary Symposium on August 26-28 in Washington, D.C.!
PolySystems is enhancing our software for all lines of business to support the 2017 tax law. To view the release notes for these updates, please log in to the Poly Client Portal.
PolySystems is excited to announce a new session on VM-20 Modeled Reserves at our annual Reserves Seminars this June!
Cosponsored with the Society of Actuaries, this session offers a comprehensive and introductory-level session on U.S. statutory reserving principles for modeled reserves on life insurance products under VM-20.
PolySystems and the Society of Actuaries are once again sponsoring their annual Reserves Seminars this June. These seminars are comprehensive, introductory-level sessions on U.S. reserving principles for traditional life, universal life, and deferred annuity products.
VM-20 is a significant addition to principles-based reserves; generally applicable for life insurance products, it applies a joint formulaic and modeled cashflow framework for calculating reserves. PolySystems offers the most comprehensive solution to VM-20 in the industry with point-in-time valuation and asset-liability projection capabilities for all lines of business.
The new tax law changes how reserves are computed for the purpose of determining taxable income. All policies in all lines of business are affected.
These changes happened quickly. Many are now left wondering what the impact might be as we go into year-end work. These changes will not impact the 2017 tax returns, but some ponder how cashflow testing will be influenced.
PolySystems and the Society of Actuaries are sponsoring three webcasts on GAAP Basics for Traditional Life, Universal Life, and Deferred Annuities.
VM-22 requires a new process for defining valuation interest rates and is effective for issues beginning 1/1/2018. PolySystems made the following enhancements to the IncomePay screen system and calculation engine to support this new requirement:
PolySystems will be closed on Thanksgiving Day and Christmas Day, in observance of the holidays. Our offices will be open the remainder of 2017 to support you.
PolySystems Launcher Utility provides actuarial users with a point-and-click GUI interface for custom control over the automation of run processes without the knowledge of a special IT language. The Launcher Utility has an intuitive structure for building out a scripting overlay and features the following:
The Global Assumptions Utility facilitates stress and scenario testing and reverse stress testing for multiple projection purposes, including ALM, cashflow testing, risk analysis/ERM, MCEV/EV, economic capital, plan, ad-hoc stresses, PBR, IFRS, and pricing. In one pass, the program can scenario test and stress multiple assumptions. The Global Assumptions Utility captures and delivers stress base results […]
Stop by the PolySystems table near Registration during the 2017 SOA Life & Annuity Symposium to say hello and speak with John Adduci, Bob Keating, and Jason Kehrberg.
PolySystems is happy to announce the arrival of an upgrade to AnnuityMaster. Version 10.1 is loaded with new features.
PolySystems is happy to announce the arrival of an upgrade to ULMaster. Version 10.1 is loaded with new features.
Stop by the PolySystems table near Registration during the 2017 SOA Life & Annuity Symposium to say hello and speak with John Adduci, Bob Keating, and Jason Kehrberg.
Registration is Now Open for the 2017 Reserves Seminars