The Advantages of Reinsurance as an Alternative Capital Resource Webcast

Date

January 20, 2016

  • Technical Skills & Analytical Problem Solving

Presented by

Reinsurance Section

Description

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.

Back

Legend

Communication

Demonstrating the listening, writing and speaking skills required to effectively address diverse technical and nontechnical audiences in both formal and informal settings.

Professional Values

Adhering to standards of professional conduct and practice where all business interactions are based on a foundation of integrity, honesty and impartiality.

External Forces & Industry Knowledge

Identifying and incorporating the implications of economic, social, regulatory, geo-political and business changes into the design and delivery of actuarial solutions.

Leadership

Initiating, innovating, inspiring, creating or otherwise acting to influence others regardless of level or role toward a common goal.

Relationship Management & Interpersonal Collaboration

Creating mutually beneficial relationships and work processes toward a common goal.

Technical Skills & Analytical Problem Solving

Applying the actuarial knowledge, skills and judgment required to provide value-added services.

Strategic Insight & Integration

Anticipating trends and strategically aligning actuarial practice with broader organizational business goals.

Results-Oriented Solutions

Providing effective problem solving that addresses relevant interests and needs.