Financial Analysis of Life Insurers

Produced by the Knowledge Center, expert training from S&P Global Market Intelligence

Reach beyond the data and gain deeper insight for investment, operational and advisory decisions.

Life Financial Analysis hones the skills required to assess the financial performance of a life insurance company. Through the use of statutory accounting data and hands-on training, you’ll come to understand the financial ratios and methodologies used to perform this analysis. Whether you’re analyzing life insurance companies as a sell-side or buy-side analyst, investment banker or insurance company practitioner, you'll come away equipped to understand the context and implications of the financial data. 

Why two days for the program?

We recognize that the concepts covered in Financial Analysis are essential to your career success, so we’ve designed the curriculum to dive deep and give you the detailed instruction you need to make this information second nature – building on the foundation of your industry knowledge. 

Benefit from a small class size for a more personalized learning experience.

An exceptional program includes an optimized learning environment. We have intentionally limited class size to assure a more personal experience, allowing ample opportunity for classroom questions. 

Program objectives:

  • Identify risks in the life insurance environment
  • Perform reserve adequacy analysis
  • Utilize financial metrics and ratios to make an accurate judgment of insurance company performance
  • Evaluate cost of capital
  • Carry out an evaluation of returns
  • Recognize red flag indicators


Kevin Oates

Independent Consultant and Instructor

Kevin has spent his entire career in the insurance industry and since 1996 has worked as an independent consultant and instructor conducting in-house and open enrollment training for Wall Street and industry firms.

He has held positions as a SVP of an international insurance/reinsurance consulting firm, executive financial positions with holding companies and underwriting organizations, and as vice-president of reinsurance operations with a reinsurance intermediary.

His teaching experience includes being an adjunct instructor of accounting at Queens College, Rutgers University, and an instructor in P&C insurance accounting and annual statement preparation at the New York College of Insurance.

Kevin has an MBA in Corporate Finance from Rutgers University. He is a Fellow of the Life Management Institute (FLMI), and holds the Associate in Reinsurance (ARE), and Associate in Insurance Accounting and Finance (AIAF) designation from the Insurance Institute of America.

He is the author of the Reinsurance Accounting Chapter of the Strain Reinsurance Textbook and a contributing author to the NAIC Receiver's Handbook.

Financial Analysis of Life Insurers Agenda

WEDNESDAY, February 8th
07:30 am
Registration and Continental Breakfast Open:
08:30 am
Introduction and Overview:
09:30 am
Analytical Program:
10:15 am
Refreshment Break:
10:30 am
Regulatory Control Models / Solvency Ratios:
11:30 am
Test Systems:
12:00 pm
01:00 pm
Asset Composition and Detail:
02:15 pm
Refreshment Break:
02:30 pm
Profitability / Operations:
05:00 pm
Day One Concludes:
THURSDAY, February 9th
08:00 am
Continental Breakfast Opens:
08:30 am
Leverage / Liquidity:
10:15 am
Refreshment Break:
10:30 am
Analysis of Revenue Scores / Profitability:
12:00 pm
01:00 pm
Capital Management:
02:15 pm
Refreshment Break:
02:30 pm
Risk Based Capital:
05:00 pm
Program Concludes:

Ticket Info

Early Bird Rate: $1795
(January 20, 2017)

Regular Rate: $1995


Event location

Downtown Conference Center
157 William Street
New York, NY, US
(212) 618-6990

Your registration includes all program work materials, plus continental breakfast and lunch both days.

Downloads & FAQs

Insurance Sector Training Course Catalog

Who attends?

Financial Analysis of Life Insurers is designed for professionals who have mastered a basic understanding of insurance industry accounting and work as:

  • Buy-side and sell-side investment analysts who need the intermediate skills to understand and analyze life insurers
  • Corporate and business development professionals performing competitor analysis
  • Life insurance underwriters looking for insight into the financial effects of their activities on the company
  • Legal advisor and management consultants looking to better advise their clients

What is the dress code?

Business casual

Do I need a laptop?


Are meals included?

Your registration includes continental breakfast and lunch both days.

Where should I stay?

Although lodging is not provided as part of this program, the hotels listed below are convenient to the Downtown Conference Center.

Millennium Hilton
55 Church St.

Gild Hall
15 Gold St.

Seaport Inn 
33 Peck Slip

Hampton Inn Seaport
320 Pearl St.

Conrad Hotel
102 North End Ave.

Eurostars Wall Street Hotel 
129 Front St.

Wall Street Inn 
9 S William St.

Ritz-Carlton Battery Park 
2 West St.

When does the program start? When does it end?

The program begins at 8:30 a.m. on both days. (Registration opens at 7:30 a.m. on Day One) The program concludes at approximately 5 p.m. on both days.

What are the terms of registration?

Cancellations for this program are eligible for a full refund, less a $150.00 administrative fee, if received at least 15 business days prior to the start of the program. Cancellations received after that date but at least 5 business days prior to the start of the program receive a credit in the amount of the registration fee, less a $150.00 administrative fee, to attend another Knowledge Center program within 13 months. Cancellations received fewer than 5 business days prior to the start of the program are not eligible for a refund or credit.

Attendee substitutions from the same company may be made at any time.

In the event of a cancellation from a group discount, refunds or credits are issued beginning with the most heavily discounted price, minus a $150.00 administration fee.

"No shows" - or those who cancel within 15 days of the program - and have registered under the Invoice option, remain liable for the full program fee.

The Knowledge Center reserves the right to cancel/change programs, content, speakers or venue at any time. The Knowledge Center reserves the right to make portions of the program registration information available to program sponsors. the Knowledge Center will not be held liable for any costs incurred by registrant due to individual registration cancellation. In the event that a seminar is cancelled due to inclement weather, faculty cancellation or force majeure, the Knowledge Center will refund the registrant's tuition in full, however the Knowledge Center will not be liable for incidental or consequential out of pocket expenses incurred by the registrant. If you have questions regarding the Knowledge Center's refund, complaint or program cancellation policy, please call us at (434) 951-7786.

Registrant, as an individual person attending a Knowledge Center conference, seminar, or other program, hereby grants permission to the Knowledge Center to use and publish his or her image, likeness, or testimonials collected in connection with the program for advertising and trade purposes in connection with the Knowledge Center’s conferences, instructional, and/or marketing activities.

Continuing Education Credits

13.5 Hours of Continuing Education Credit
The Knowledge Center is registered with CFA Institute as an Approved Provider of professional development programs. This program is eligible for 13.5 CE credit hours as granted by CFA Institute If you are a CFA Institute member, CE credit for your attendance at this event will be automatically recorded in your CE Diary upon request.
16 Hours of CPE Credit
Participants who complete this program qualify for 16 hours of CPE credit (Specialized Knowledge and Applications). Program Level: Intermediate. Delivery Method: Group-Live. Knowledge Center is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 4th Ave N, Ste 700, Nashville, TN, 37219-2417. Website: