Description: Highlights the key takeaways from the 2021 published SOA PLT study on lapse and mortality experience of US term plans in the post level term period. This article explains the new insights in the latest study including a comparison of PLT experience between Jump to ART and Graded structures. The important variables driving PLT experience and the relationship between lapse and mortality experience are also discussed.

Description: The embattled life insurance industry in Australia needs to come to terms with a new environment of heightened claims volumes, unprecedented losses, changing distribution models and even reduced benefits. Like the mythological phoenix that spectacularly regenerates from its ashes every century, Australia’s life insurance industry needs something special to rise from its ashes. Claims management innovation promises to give the necessary impetus for a market that is desperate for some good news, whilst laying the foundation for a claims revolution worldwide.

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

Description: Read the Quo Vadis Reinsurance.

Description: This article discusses the changes in the life reinsurance business over the last 45 years. From Reinsurance Section News, May 2005, Issue No. 55.

Description: A recent panel discussion providing an update on the current state of events in the field of life reinsurance administration.

Description: The opening of the reinsurance market in Brazil is the foremost event of the last two decades in the Latin American insurance and reinsurance arena.

Description: Insurance companies significantly expanded their use of life reinsurance throughout the late '90s and early '00s. This has meant that volumes being ceded to the reinsurance market have continued to expand after a brief respite in 2001 through quota share opportunities with direct insurers keeping only a portion of their published retention.

Description: In October 2011, a research report was released jointly by the Society of Actuaries Committee on Life Insurance Research, the Smaller Insurance Company Section and the Reinsurance Section regarding the challenges encountered by smaller insurers in obtaining life reinsurance. This article summarizes the findings of that research report.

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.