Description: Discussion of the increased use of reinsurance in the life insurance industry, including the causes and implications

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.