Description: Life reinsurers have done a relatively good job in competing with banks for market share of structured solutions, yet one might conclude that life reinsurers have not done a good job competing with an even bigger and more powerful competitor- the client company’s own retention limit. This article addresses the question: Is there anything a life reinsurer can do to change its business model to serve the needs of a large-retention life insurance company?

Description: Contains two separate articles, called notes. The first note, “A note on correlation in mean variance portfolio theory,” is an elementary discussion of how negative correlation coefficients can be, given any set of N random variables. The second note, “Two essential formulas in actuarial science and financial mathematics,” gives a more or less self-contained introduction to Jensen’s inequality and to another formula, which the author decided to call the “survival function expectation formula.”

Description: Presented at October 1985 Annual Meeting. Discusses new state and NAIC regulation of surplus relief reinsurance, GAAP treatment of reinsurance, and taxation of reinsurance under Section 845 of the 1984 Tax Law.

Description: This presentation is a concurrent session from the 1991 Meeting of the Society of Actuaries, held April 18-19 in New Orleans. The panelists, noting that “joint ventures are becoming more and more common as companies enter the increasingly competitive marketplace of the 1990s,” explore reasons to use joint ventures and how reinsurance accomplishes desired goals, and discuss advantages over other possible solutions. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 1.

Description: This presentation, session number 63PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago.The panel discusses various reinsurance problems that have been reported in trade journals and the popular press. Topics include the London Circle, underpriced workers' compensation pools and medical stop loss, vertical pricing, and other problems. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: This session explores the issues raised and logistical problems encountered in setting risk-based capital RBC factors for various health products. Also discussed is the development of surplus requriements for disability income products. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 95

Description: This session 35PD of the New Orleans Annual Meeting addresses the role financial reinsurance has taken in solving two very current issues: reinsuring closed blocks from demutualized companies and funding XXX reserves. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 35PD.

Description: A panel of reinsurers at this session of the SOA 2003 Washington, DC Spring Meeting discusses recent issues surrounding quota share reinsurance, including limits in the capital market, XXX reserves, letter of credit funding and costs, recapture provisions and arbitration.

Description: This Open Forum was Session 7A at the 1987 Valuation Actuary Symposium. In discussing taxes, it was noted that given that the valuation actuary concept has not been finalized, and that current tax reserves are formula driven, the ultimate tax implications are not known. The reinsurance discussion notes that “the most important reinsurance issue for the Valuation Actuary is the future collectability of reinsurance cash flows.” Discussion of asset/liability matching techniques from other industries included continuing care retirement facilities and the banking industry.

Description: Panelists at this session of the SOA 1997 Palm Desert Spring Meeting discuss medical excess coverage which is provided to hospitals and/or physician groups to reimburse such groups for benefits in excess of a deductible. This coverage typically involves situations where providers are taking capitation.