Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session covers current issues in reinsurance treaty wording including: · Claims wording · Insolvency wording of the direct company and of the reinsurer · Are the reinsurer rates guaranteed? · Does the treaty follow the NAIC model regulation?.

Description: Significant consolidation has occurred in the U.S. reinsurance market over the last five years. The number of companies operating in ordinary life reinsurance has continued to decline—13 primary companies excluding retrocessionaires contributing to the Munich American Reassurance Survey in 2004, compared to 20 companies in 1999. Table 1 and Table 2 indicate the change in market share as well as the change in the composition of the leading participants in the U.S. market for 2004 versus 1999.

Description: From a session at the Spring meeting of the Society of Actuaries held in San Antonio, Texas, June 14-15, 2004. Arguments regarding the rights to deny reinsurance claims are presented by a representative of both a direct writer and a reinsurer.

Description: The days of reinsurance treaties bound by a handshake are long gone. Treaties have evolved into complex legal documents. The session will use a recently released study on recapture provisions as a starting point and will expand the discussion to other key treaty provisions. The focus will be on understanding the intentions, concerns and relative positions of both the direct company and the reinsurer so that a mutually beneficial compromise can be explored.

Description: This article summarizes insights from a 2021 survey of more than 40 life insurance companies with a focus on trends in reinsurand and in-force management. While reinsurance objectives and methods have remained steadfast in a sea of economic and regulatory impacts, life companies still are looking at different solutions to make improvements in profitability, stability, and scale.

Description: The first of two parts of a roundtable discussion, by conference call, on the state of life reinsurance today in North America.

Description: Highlight the global life reinsurance industry market size, key players and trends impacting the industry, globally and from a high level regional overview.

Description: This article highlights the findings of a recent SOA survey on accelerated underwriting (AU) practices, including the amount of AU business ceded, the results of three opinion questions, and an estimate of mortality slippage among AU programs.

Description: This article discusses the impact of consolidation in the U.S. life reinsurance

Description: Insurers buy reinsurance for a variety of reasons, but an insurer’s accounting rules and solvency regulations are inevitably at the heart of the decision. Whether they are primary drivers or simply help insurers judge acceptable pricing for a risk- or service-motivated transaction, these rules and regulations are a key part of the equation.