CRA consultants have been retained in multiple class action litigations related to universal life insurance policies where disputes have arisen over the adjustments of certain non-guaranteed elements of the policies. These expert engagements provide expertise on insurance policy offering, design, pricing, and cost of insurance redetermination.
Pension risk transfer litigation: Current trends and economic issues
Introduction to pension risk transfer Defined benefit (DB) pension plans create liabilities that expose plan sponsors to risks such as longevity risk,...