THE AXIS™ ACTUARIAL SYSTEM
The AXIS actuarial system is a single comprehensive actuarial software solution for modeling of insurance and annuity products with unparalleled flexibility. It is widely used by life insurers, reinsurers, and consulting firms around the globe for pricing, reserving, asset and liability management (ALM), financial modeling, capital calculations, and hedging. Training, documentation, full-time client support and ongoing enhancements are included as intrinsic parts of the system. The AXIS solution provides the flexibility to deploy large-scale computing power through an advanced cloud-based delivery platform or software installed in on-premise grids.
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Notice of Changes to AXIS Pre-Requisites
Oct 20, 2020
Moody's Analytics will be introducing changes in software pre-requisites for AXIS Actuarial System and AXIS EnterpriseLink, effective Q1 2021. DISCLAIMER: This article was originally posted in Sept 2020 and corrections to SQL Server LocalDB version and OS Supp...
More Choice for Maintained Versions of AXIS!
Sep 01, 2020
While Maintained Versions of AXIS have been offered for many years, Moody’s Analytics is now introducing significant improvements to these versions for our clients’ benefit by releasing four separate Maintained Version streams per year.
Notice of changes to AXIS Key Policy and Key Portal
Aug 28, 2020
Moody’s Analytics will be rolling out several changes to the AXIS Key Policy and Administration Portal in Q1 2021, including new key types, enhanced management features, and more...
Moody’s Analytics Wins Two InsuranceERM Americas Awards
Jul 06, 2020
Moody’s Analytics has won Actuarial Modeling Solution of the Year and Economic Scenario Generator Software of the Year at the inaugural InsuranceERM Americas Awards.
AXIS Support for IFRS 17
Feb 24, 2019
The IFRS 17 standard applies a principles-based approach which requires interpretation and contemplates optional approaches. Practice may evolve differently in different markets. We are developing full support for the new requirements, and much of the function...
AXIS Support for US GAAP ASU 2018-12
Mar 22, 2019
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that changes some of the established methodology and assumption setting for financial reporting under US GAAP. Learn more about AXIS support...
Upcoming Release of the New Generation of AXIS GridLink and Changes to...
Sep 18, 2020
We are pleased to announce the upcoming release of the new version of AXIS GridLink. This represents a beginning of a new generation of GridLink that is designed with Cloud and Software-as-a-Service in mind. With the introduction of the new AXIS GridLink, we a...
US GAAP Link Modules Available for Licensing
Jun 24, 2020
The AXIS actuarial system is prepared to meet the overall requirements of supporting US GAAP standard ASU 2018-12. For AXIS releases in July and later, access to the functionality of the new US GAAP Link Modules will require module licensing agreements.
Effective Date of ASU 2018-12
Jun 11, 2020
The FASB voted to issue a proposed ASU granting insurance companies that issue long-duration contracts an additional year to implement ASU No. 2018-12. The proposed ASU is expected to be issued for stakeholder comment within a few weeks.
Moody's Commitment to Supporting Equal Justice
Jun 09, 2020
Moody’s will commit $1 million over the next five years to promote equal justice and advancement of the Black community...
COVID-19 Mortality Sensitivity Testing
Apr 03, 2020
The AXIS actuarial system is prepared to assist users with COVID-19 mortality sensitivity testing. Knowledge Base article 2249 demonstrates how to set up scenario testing concerning the COVID-19 pandemic.
AXIS Webinar: US GAAP ASU 2018-12
Apr 03, 2020
Moody's Analytics hosted our fourth webinar on our progress and future plans for supporting actuarial modeling and current period reporting under US GAAP ASU 2018-12 (Long Duration Targeted Improvements). The presentation is now available to AXIS clients.