Description: This session discussion is panelists debating conflicting proposals as to how best to overhaul regulations governing reserve credits for reinsurance. Between the debate and other presentations, the panelists will address the following subjects and current issues, reinsurance resere credits, mirror reserving, proposed changes to the NAIC model law on reinsurance reserve credits, and reserve credits involving unauthorized reinsurers. From Record of the Society of Actuaries Vol. 15, No. 2.