Description: The presenters will explore the current state of the North American mortality baseline and long-term improvement assumptions and determine what we can learn from the UK's approach. They will share research done by the Society of Actuaries and other organizations to describe how to build a better model, plus show the impact socio-economics and other factors have on longevity expectations. The presenters will offer suggestions for how U.S. and Canadian pension plan and insurance actuaries--and the industry itself--can best use this research to develop a better model for the risk management of pension plans and group annuities

Description: This presentation is a panel discussion, session 55PD, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. Low new money rates, new reserve requirements and the limited availability of reinsurance solutions have highlighted the risks associated with offering UL secondary guarantees. The panelists discuss the types of risks and emerging practices in risk assessment and pricing of UL secondary guarantees, the current UL market, recent developments in product, and pricing techniques. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.

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: 2004 SOA Annual Meeting and Exhibit, New York. The panelists addressed fixed annuity regulatory issues with emphasis on the annuity nonforfeiture law, current trends and product design, and how reinsurance can address the conflicting issues of competitiveness and profitability.

Description: In session 38PD of the San Francisco Annual Meeting panelists discuss the pros and cons of the recent development of securitization in the U.K. life insurance industry, and the applicability of these issues to the North American life and health market. From the Record of the Society of Actuaries, Vol. 25, No. 3.

Description: This seminar is designed to give life and annuity practitioners an in-depth view of the important topics and fundamentals of reinsurance, from the perspective of a U.S. life insurance company. Reinsurance industry experts will present on the various types of reinsurance, contract issues, financial implications and other considerations. Attendees will leave this seminar with a stronger understanding of life and annuity reinsurance, and current topics. Keep in mind this seminar is designed for participants with a moderate level of experience. Educational Objectives • Provide attendees with a stronger understanding of life and annuity reinsurance, and current topics • Give attendees an in-depth view of important topics and fundamentals of reinsurance

Description: Presented at June 1985 Spring Meeting. This session discussed international reinsurance opportunities, what can be learned from the casualty industry - where international reinsurance is commonplace, and a discussion of such issues as: Profit potential, Regulatory concerns, Taxation, Security, Costs.

Description: Provides: [1] the eulogy for John Culver Wooddy [1915–1987], and [2] a complete copy of the 'Guidelines for the Auditing of Administration and Reporting of Individual Life Reinsurance Assumed' developed by the Reinsurance Section. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: Panelists at this session of the SOA 1998 Maui I Spring Meeting discuss consolidation in the reinsurance market, including an overview of recent activity, antitrust considerations, effect on direct writers, and post-consolidation integration issues. Use of the Herfindahl Index as a measure of market concentration is discussed.

Description: In this session 50SM of the Montreal Spring Meeting panelists review the results of recent tax court cases that will have an impact on the tax treatment of reinsurance agreements. From the Record of the Society of Actuaries, Vol. 23, No. 2.