Slides from a presentation at the Society of Actuaries 2007 Annual Meeting, held in October, 2007 in Washington, D.C. Presentations discuss how financial reinsurance and/or securitization can be used to finance growth, reduce capital needs, monetize a book of business, among other objectives.

This session will cover the topic of reinsurance for small-to-medium-size insurance companies. Do

This session will cover the topic of reinsurance for small-to-medium-size insurance companies.

Slides from the presentation on Reinsurance and the related FASB 113 standard dealing with “Accounting and Reporting for Reinsurance of Short-Duration and Long- Duration Contracts” at the Society of Actuaries U.S. GAAP for International Life Insurers Conference in Hong Kong, held August 7-9, 2007. Includes discussion of Accounting Standard 03-1 dealing with embedded derivatives for modco and funds withheld treaties. Includes discussion of the various types of reinsurance contracts and level of risk transfer and how FASB 113 defines the accounting for each type. Presents - Reinsurance Accounting ? SFAS 113

Topics covered will include a description of the types of traditional and financial reinsurance solutions currently being used and how the practicality of these solutions differs between Canada and the United States. The panel will also offer their thoughts regarding how to ensure that a company's risks are appropriately managed through reinsurance in today's challenging economic environment. At the conclusion of the session, attendees will be able to identify the types of reinsurance that may be helpful in managing their companies’ risks. They will benefit from learning how different companies have achieved success with various tools and why.

Most reasonable risk mitigation strategies provide benefit in some circumstances, but come at a cost that adversely affects results in other scenarios. A research paper by the authors considers the view of multiple stakeholders to answer this question, resulting in a process they call Trifurcation.

2011 Valuation Actuary Symposium, Orlando. This session addressed reserve financing for life insurance products. Topics included: 1. Bank funding solutions for XXX reserves. 2. Regulatory issues. 3. Structured reinsurance versus capital markets. 4. Evaluating operating debt used by life insurance companies. 5. What’s new in reserve financing for life insurance products?

2010 Annual Meeting & Exhibit, New York. This session provided three perspectives on negotiating life reinsurance treaties: direct company, reinsurance company and reinsurance consultant. The following resource publications were discussed: 1. ACLI Life Reinsurance Treaty Sourcebook. 3. SOA Reinsurance Treaty Discussion Document. 2. Tiller’s Reinsurance Textbook. 4. NAIC Reinsurance Regulations.

This presentation from the 2009 ReFocus Seminar discusses changes in reinsurance products and reinsurer risk appetites. It reviews health reinsurance, longevity reinsurance and research and financial reinsurance for variable annuity guarantees.

2011 Valuation Actuary Symposium, Orlando. This session addressed reserve financing for life insurance products. Topics included: 1. Bank funding solutions for XXX reserves. 2. Regulatory issues. 3. Structured reinsurance versus capital markets. 4. Evaluating operating debt used by life insurance companies. 5. What’s new in reserve financing for life insurance products?