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Ask the Experts
reinsurer doesn’t have the authority to cancel, but the direct writer does. Could you have different reserves ... What you’re saying is that it’s cancellable by the direct writer, but not unilaterally by the reinsurer ...- Authors: David N Becker, Application Administrator, J Campbell, Martin Claire, Mark F Davis, John Di Joseph, George Harrison, Kerry Krantz, Daniel J McCarthy, James L McCallen, Benjamin George Peters, Michael Sparrow
- Date: Sep 2000
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Global Perspectives; Public Policy; Reinsurance>Financial reporting for reinsurance
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Managing the Adequacy of Capital
agency were to take the positionthat this is the primary factor that distinguishesbetween the rate capabilitiesof ... equity position. But beyond that, I think the primary focus of our surplus management should be to keep ...- Authors: Gregory D Jacobs, Daniel J McCarthy, Richard S Robertson, Robert M Smithen
- Date: Jun 1992
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Capital management - Finance & Investments; Global Perspectives