January 20, 2016
Competency (Learn more)
Presenters for the webcast will discuss various ways companies are using reinsurance to efficiently manage the deployment of capital and remain competitive with their products in a very challenging insurance market. While there are a variety solutions that companies use to manage their capital, they will show why reinsurance is often the preferred solution.
Capital management has risen in importance and awareness in many organizations that experienced impaired asset values, rising liabilities and capital market dislocations during the worst financial crisis since the Great Depression. Participants should expect to learn more about the capital issues that insurance companies face and develop an understanding of and why reinsurance is used in a variety of situations to help companies not only manage their risk exposures, but also help them to more efficiently fund new business costs and required capital associated with the products they write.
The presenters will demonstrate the viability of reinsurance solutions in helping companies manage their capital and risk. More specifically, they will explain how reinsurance can go well beyond the traditional risk management solutions and provide very effective ways to transfer different levels of risk or fund portions of a company's liabilities. As a result, participants are expected to develop a more advanced understanding of some of the alternative ways reinsurance is used in the life, annuity and health market. At the conclusion of the session, participants will be able to understand and help design various reinsurance solutions to facilitate capital management.