A defined benefit pension plan is an employer-sponsored benefit that provides lifetime income for plan participants in retirement.

We make the case for why (re)insurers and pension plans should consider using the programming language Julia for critical actuarial, reserving, and ALM models.

Structured credit is no longer a niche allocation for life insurers — it’s becoming core to SAA strategy.

We discuss seven important considerations as insurers adapt their pricing models and philosophy in the new world of principle-based reserving.

Since 2020, rising inflation and increasing Treasury rates—now at their highest levels since before the 2008 recession—have prompted insurers to adjust their asset allocations, taking advantage of improved yields from safer private and fixed-income asset classes.

Introduction, applicability, benchmarks, and cost-performance overview