Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The presentation notes that “as reinsurance is used more frequently in major joint ventures and capital raising deals, it comes under increased public scrutiny from regulators, rating agencies and the press. The Federal Government also has been investigating the role of reinsurance in connection with the financial health of insurers.” The panelists' discussion is intended to “help reinsurance actuaries prepare to give testimony and interviews, and to become proactive in explaining the needs and proper uses for reinsurance.”Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.

Description: Discussion of the attitudes of consumers and consumerists regarding the life insurance industry and its products and a discussion of opportunities for improvement Topics include: 1. Disclosure to existing policyholders 2. Policy loan problems, including the policy replacement problem 3. dividend determination practices and 4. deceptive sales practices in the llfe insurance business.