Description: Trends in mortality have a huge impact on the insurance industry and its products, risks and profitability. Worldwide, life expectancy has increased continuously over the past decades. However, this progress—even without considering the Covid-19 pandemic—has been subject to strong fluctuations. In recent years, an increase in volatility can be observed. Various aspects—medical science, environment, lifestyle—have influenced the trend in the past. How can the life and health industry move forward in these uncertain conditions? In this article, we examine what has gone before and what can be learned from a closer analysis. What are the main drivers of the historical increase in life expectancy? What characterizes the dynamics of the recent past? How can mortality be projected into the future? How good are our methods of prediction and what are the risks? What risk management options are available?

Description: Our goal in this article is to dive deeper into the role longevity swaps could play in the US PRT market by drawing comparisons to the UK and highlighting recent commercial developments that can jump start the US market’s need for longevity reinsurance.

Description: General Reinsurance Section news.

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

Description: Book review of the latest edition (4th) of Life, Health, and Annuity Reinsurance by John Tiller, Jr and Denise Fagerberg Tiller

Description: Munich American’s annual survey, which is conducted on behalf of the Statistical Research Committee of the Reinsurance Section, covers Canadian and U.S. ordinary and group life reinsurance new business production and in force. The ordinary numbers are further subdivided into: recurring reinsurance1—conventional reinsurance covering an insurance policy with an issue date in the year in which it was reinsured portfolio reinsurance—reinsurance covering an insurance policy with an issue date in a year prior to the year in which it was reinsured, or financial reinsurance, and retrocession reinsurance—reinsurance not directly written by the ceding company. Complete survey results are available from the authors upon request. These results may also be obtained at Munich American’s Web site at www.marclife.com search Research.

Description: Identifies current trends and considerations when setting the mortality improvement assumption for individual life insurance in the US.

Description: Chairperson’s Corner by Robert W. Beal from Reinsurance Section News, May 2001, Issue No. 48.

Description: Reinsurance Section chairperson Gaetano Geretto shares his final chairperson's column and discusses accomplishments achieved during the 2008 year.

Description: Summary and discussion of the results of the 2002 Munich American annual survey on life reinsurance.