New Products
- Long Term Care
Updates
- US Statutory Valuation Rates Updated through 2022
- Several Standard Tables were updated to use new default row option logic
- New Mortality Tables Added to Library
- Lapse Rate Tables updated to be by Issue Age and Policy Year by default on all products
- Externally Projected Asset Product Updated to use a central lookup table to support multiples types of EPAs in a single run
- Gross Premium Calculation Method lookup moved to Run Settings table to more easily allow switching between in-force and pricing runs
New Dashboards
A new ALM Dashboard is available in the System Dashboards > Portfolio folder
Coming Soon
The next library release will include support for several major new pieces of functionality including:
- US GAAP LDTI
- IFRS-17
- Solvency II
- Bermuda Solvency Capital Requirements
Extra testing effort is being put into this release to ensure that all this new functionality works well with the Library. We are currently targeting a Q2 2022 release.