Description: Hear about the Reinsurance Section's 2020 highlights and opportunities for membership engagement.

Description: Chairman’s column describing the leadership positions of the Section Council.

Description: Chairperson's Corner for Reinsurance Section outlines key areas of interest that members support most , its mission and volunteer opportunities.

Description: The incoming 2011-12 Reinsurance Section Council chairperson introduces herself and the new council members.

Description: Chairperson's Corner

Description: This chairperson’s corner highlights the Spring Health Meeting and accomplishments of the Reinsurance Section.

Description: For over a decade, life insurers have been challenged by a low interest rate environment, making it difficult to find investments with adequate yield, manage corporate spreads, and offer competitive products to consumers. While interest rates are still low compared to the early 2000’s, volatility in rates over the past year, during which the 10-year U.S. Treasury rate has increased by nearly 100 basis points, could indicate a longer-term trend of rising rates. What would a rising rate environment imply for life insurance writers? Insurers able to react to interest rate changes with agility can remain relevant in an evolving economy, protecting themselves and their policyholders. This article addresses risks and considerations faced by insurers with respect to in-force retention, pricing and product mix, and reinsurance and mergers & acquisitions.

Description: Departing chairman’s column recapping past accomplishments and describing future section initiatives.

Description: Chairperson's Corner for Reinsurance Section outlines key areas of interest that members support most , its mission and volunteer opportunities

Description: I.R.C. § 4371 imposes an excise tax on policies issued by foreign insurers or reinsurers covering U.S. risks. The application of the tax to funds withheld reinsurance can raise difficult questions. The IRS’s position is that an accrual concept applies, although that position is questionable. Taxpayers that instead determine the excise tax by looking only to actual payments made by the ceding company to the reinsurer or to the net amount of the ceded premiums after adjusting for the allowance paid by the reinsurer have a variety of arguments to support their position. The language of the premium excise tax, the regulations thereunder, the legislative history of the provision, and the very nature of an excise tax all support the position that the tax applies only when there is an actual payment. Other Code provisions that use similar language as well as the Supreme Court also support this view.