Description: Ceding companies must react appropriately to changes in the substandard reinsurance market to avoid losses. By using the substandard/insurance pricing algorithms presented in this paper, ceding companies may develop an effective placement method and thereby avoid potential future losses. From the Actuarial Research Clearing House 1994 Vol. 2 .

Description: This paper discusses the principles found in the Academy of Actuaries Committee on Financial Reporting Principles' Recommendation 4, Reinsurance Ceded by Life Insurance Companies and proposes solutions to certain problems of implementation, and identifies items where there might be differences of opinion. Followed by discussion papers submitted by 2 authors

Description: The theme of this presentation relates to solving portfolio selection problems using linear and fractional programming. Two key contributions: 1. Generalization of the CVaR linear optimization framework. 2. Equivalences among four formulations of Coherent Distortion Risk Mearures optimization problems. From Actuarial Research Clearing House, 2012, Vol. 1.

Description: This is a discussion of the paper published by Charles A. Ormsby titled, 'The Cost to Reinsure Individual Life Insurance Policies'. Discussion includes: 1. Given that reinsured business has higher mortality than non-reinsured business, why would companies issue it, 2. Suggestion that when costs of reinsurance are considered, reserves should be substituted for cash values to determine the 'statement costs', 3. Cost of reinsurance for a mutual company.

Description: This paper presents best upper and lower bounds on the expected value of a reinsurance payment under the terms of a contract written on a random loss with known moments. Bounds on the expected exercise value of a financial option are considered also because the mathematical model used for valuing options is similar to that used in reinsurance net premium calculations. From the Actuarial Research Clearing House ARCH 1990 Vol. 1.

Description: The purpose of this research project was to identify challenges encountered by smaller insurers in obtaining life reinsurance, learn about challenges and opportunities life reinsurers face in servicing these companies, and consider some possible solutions that might help to resolve the challenges encountered.

Description: These are discussion papers on the paper, 'Ordinary Life Insurance Limits' by Edward A. Dougherty, which dealt with issue limits and reinsurance retention limits in life insurance.

Description: This paper presents an introduction to collective risk theory. In collective risk theory one seeks to investigate directly the risk enterprise as a whole. Primary interest is focused not upon the gains, losses, or claims from individual policies but upon the amount of total claims or the total gain arising from all the policies in the portfolio considered. Followed by several discussion papers submitted.

Description: This paper presents the recursive definition of the aggregate claims distribution which does not require the usual computation of the convolutions of the distribution of claim amounts. It is independent of the number of lives in the group. which makes it particularly useful for large groups. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: Research report that presents results of a company survey examining the extent to which the buyers of individual life reinsurance are concerned about reinsurance capacity and the concentration of risk on their own books and on the books of reinsurers.