Description: Key considerations when modeling reinsurance to calculate reserves under PBR as well as a case study examining the impact of reinsurance structures on reserves.

Description: Haven’t we all been watching for the next big financing transaction and wondering whether it will be done by a reinsurer or an insurer? Also will it support XXX reserve redundancies or will the market have finally “cracked the code” for the financing of AXXX reserves?

Description: Article summarizes how life insurers have financed redundant XXX and AXXX reserves in the past and how methods may change under principle-based reserves.

Description: Summary of SOA research report "Optimizing Risk Retention" which applies parametric survival models and Monte Carlo simulation to a block of term life business.

Description: The purpose of this article is twofold. Number one, to estimate the growing level of statutory reserves that are being reinsured offshore, supported by Letters of Credit, as well as by assets held within a trust. Number two, to quantify the redundancy in the reserves due to the conservative nature of the required methodology, combined with the utilization of an outdated mortality table.

Description: This article provides an update on principles-based reserves for life insurance.