Description: Reinsurance is a global business, yet reinsurers suffer from widely disparate accounting and regulatory requirements from jurisdiction to jurisdiction, particularly in the areas of credit for reinsurance and collateral requirements. Recently, insurance regulators in the United States and worldwide have taken dramatic steps toward harmonization, mutual recognition and regulatory cooperation in connection with regulation of reinsurance, with a focus on modernizing collateral requirements.

Description: Presented at June 1986 Spring Meeting. This session discussion is about Security of Reinsurance Arrangements - NY 102, Internal Revenue Code 845 - Financial Reinsurance, trends in state regulation of reinsurance, impact of regulation on reinsurer/reinsured relationship.

Description: In November 2011, a number of associations, including the American Council of Life Insurers [ACLI], filed comments with the Brazilian regulatory authority urging Brazil to stop restricting reinsurance access to only domestic reinsurers in one of the world’s leading emerging markets for insurance. This article examines the background and legitimacy of this complaint.

Description: This presentation is a panel discussion, session number 3PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelists, including an attorney, a rating agency representative, and a state examiner, discuss regulatory and accounting issues relating to reinsurance, focusing on statutory accounting. They discuss risk transfer and other requirements, which if not met can cause the loss of reinsurance credit, how rating agencies evaluate the quality of reinsurance, what state examiners look for when reviewing reserve credits, how to perform due diligence on reinsurers, how to structure transactions to provide maximum security, and special issues associated with international reinsurance.

Description: This session from the 1995 SOA Boston Meeting presents the issues in developing a reinsurance arrangement for fixed annuity products including rate crediting strategies, reinsurer solvency risk, fund management and regulatory issues. Also included is reinsurance of interest sensitive products, variable life and annuity and terminal funding. From the Record of the Society of Actuaries, Vol. 21, No. 4a.

Description: Session 9 of the 1990 Valuation Actuary Symposium is an open forum on reinsurance.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. This session discussed the considerations in performing due diligence on a reinsurance partner and the impact of deteriorating credit quality. Topics included: 1. Letters of credit 2. Arbitration and disputes. 3. Impact of mergers and acquisitions. 4. Offshore reinsurance. 5. NAIC issues.