Data

The U.S. insurance industry is undergoing a major shift in how it calculates statutory reserves for fixed annuity products. Leading this transformation is VM-22, a new reserving standard that officially became mandatory in 2025 for many non-variable annuities. With its adoption, insurers are moving away from traditional formula-based methods and embracing a more nuanced, principle-based approach—one that better reflects the complexity and risks of modern annuity products.

10th December 2024

Using a Web Data Source with Mo.net 7.7

Data
Integration
Model Development

Back in January, I outlined an approach for sourcing model assumptions at run time using a web data source. This approach used some custom code and a third party DLL to connect to the data source endpoint and digest the response. Following the release of Mo.net 7.7 this has just become much more straightforward.