Description: At the conclusion of the first part, attendees will be able to describe sources of reserve redundancy for products under Principle Based Reserve (PBR) and products under Commissioners' Annuity Reserve Valuation Method (CARVM). Such products include Term Life, Whole Life, Universal Life, and Fixed Annuity with and without rider. We will also review sources of capital redundancy from the C-1 factor under Risk-Based Capital (RBC) and assets such as Unrated Asset Credit Fund can have high C-1 factor even if its risks are limited. At the conclusion of the second part, the attendees will learn about potential Reserve Relief reinsurance solutions. Such solutions can provide Reserve Relief for annuity and term life businesses, as well as potential innovative asset-side solutions. Asset managers can structure assets that the C-1 factor aligned with the corresponding risk.

Description: This session from the 1983 SOA Hollywood, Florida Meeting reviews NAIC regulation of reinsurance, problems of reinsurance coverage on internal replacements and rewrites, a short Reinsurance Section business report and other current topics. From Record of Society of Actuaries Vol. 9, No. 4

Description: This session from the 1995 SOA New York City Meeting covers an overview of the market for acquiring blocks of business, the legal, regulatory and valuation issues involved, acquiring a block through assumption reinsurance or novation, and tax and legal considerations in the acquisition process. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: In session 140 PD of the Washington Annual Meeting panelists discuss issues related to equity-indexed annuity EIA products. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: Panel discusses securitization as a popular method for improving returns and clearing up balance sheets. From the Record of the Society of Actuaries, Vol. 23, No. 3., Session 74 PD of the Washington Annual Meeting

Description: In session 76 PD of the Maui II Spring Meeting the panel discusses the exodus of many carriers from marketing both life and health products in favor of life, AD&D, and LTC products. From the Record of the Society of Actuaries, Vol. 24, No. 1.

Description: In session 22D of the Maui II Spring Meeting industry experts debate the need for reinsurance intermediaries in the group life and health reinsurance business. From the Record of the Society of Actuaries, Vol. 24, No. 2.

Description: This session at the SOA 1990 Annual Meeting focuses on reinsurance issues including profitability, internationalization, product revolutions, joint ventures and financial reinsurance for raising capital.

Description: LOMA Collaborates on New Reinsurance Designation by Edward T. Burns & Jennifer W. Herrod from Reinsurance Section News, March 1999, Issue No. 45.

Description: Chairperson’s column discussing systemic risk.