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    The RiskIntegrity™ for LDTI solution helps insurance companies address the new Financial Accounting Standards Board (FASB) Long Duration Targeted Improvements (LDTI) requirements. RiskIntegrity for LDTI is part of a comprehensive LDTI solution offered by Moody’s Analytics that includes the AXIS™ actuarial system and AXIS GAAP Link products. Combined, these offer a solution for LDTI that includes liability valuation, efficient production of roll-forwards, management of historical data, long-duration insurance, and reinsurance components of a financial statement, including disclosures consistent with the examples provided in ASU 2018-12.

    Kick-start your LDTI implementation with a modular, end-to-end solution

    • Perform detailed analysis at multiple levels from entity- or cohort-level disclosures, and analyze changes in future policy benefits, policyholder account balances, market risk benefits, and deferred acquisition costs
    • Capture granular input from AXIS products and other actuarial modeling tools
    • Visualize and analyze opening and closing reserves to validate LDTI reserves and provide drill-down reporting by entity, portfolio, and cohort
    • Support a collaborative environment for actuaries and accountants to review current period financials and compare against prior submissions
    • Create mapping between your own chart of accounts and the solution’s fast, intuitive accounting logic
    • Generate journal entries—first in a soft-posting environment—where you can validate the journal through automated reconciliation rules and visual analysis, to subsequently hard-post the journal in the insurance subledger
    • Verify the consistency, quality, and accessibility of finance and actuarial data (both current and historic) using centralized data storage and data quality management
    • Take advantage of support for all long-duration contracts as specified by ASC 944, including: 1) universal life-type contracts; 2) annuitization, death, or other insurance benefits; 3) investment-type contracts; 4) market risk benefits; 5) variable annuity and variable life insurance separate account structures; and 6) participating life insurance contracts

    The RiskIntegrity for LDTI solution difference

    • Seamless integration with our AXIS actuarial system, including built-in data links for other actuarial modeling tools
    • Out-of-the-box reports, chart of accounts, and posting logic and analytical capabilities that help clients address initial LDTI requirements and interpretations, and a commitment to address future updates from the Financial Accounting Standards Board
    • Integration that maximizes the return on your investment in existing actuarial models, accounting systems, and processes that are unified by a robust data dictionary
    • Future-proof technology that is cloud-enabled, highly scalable, modular, and designed to address the demanding data volume and performance requirements of LDTI
    • Our history of delivering high-performance, cloud-based, and award-winning solutions to the insurance industry for CECL, IFRS 9, IFRS 17, Solvency II, and other regulatory regimes

    Contact us for a demo

      Learn how the RiskIntegrity for LDTI solution can help your organization to efficiently implement the US GAAP LDTI requirements. Request a demonstration today.

       

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