Description: This session from the 1995 SOA New Orleans Meeting discusses the developments with regard to reinsurance response to New York Regulation 147 and Guideline XXX. It covers the kinds of terms products sold today and the impact of Guideline XXX on those, a 10 year term product and the options of reinsurance that are available. From the Record of the Society of Actuaries, Vol. 21, No. 1.

Description: This presentation is an open forum, session number 45OF, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. In this session, the panelists provide an update on the current uses of reinsurance, including term insurance, mortality stabilization, earnings volatility stabilization, variable life and annuities and other investment-oriented products, health insurance, and nontraditional uses. They discuss uses of reinsurance for specific products and lines of business, reinsurance as a financial tool, and due diligence issues in selecting reinsurers. Statutory and GAAP accounting considerations are presented. Discussion from participants is included.