Please note that our offices in Toronto will close at 3:00 pm on July 31 for the Civic Day long weekend and will reopen on August 04. Our offices in BC will also be closed on August 03 for British Columbia Day. Please send any questions or notes through our Client Support portal and we will respond as soon as possible.
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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.
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...
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...
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.
AXIS Solution Supports Negative Interest Rates
Apr 01, 2020
With the significant drop of prime rates globally in response to the current and projected economic disruption, AXIS clients have asked if the AXIS system is ready for negative interest rate assumptions.
Moody's Analytics Webinar Series on IFRS 17
Mar 18, 2020
Moody's Analytics presents a four-part pre-recorded series with IFRS 17 subject matter experts on a number of key issues.
Coronavirus Precautions Adopted by Moody’s
Mar 18, 2020
In view of ongoing developments globally in respect to the coronavirus (COVID-19), Moody’s Analytics has decided to cancel all pending in-person AXIS training, relying on remote (web-based) training until further notice...