Description: 1993 SOA Meeting, Quebec. This session is about how reinsurers are adapting to market changes. Topics included: 1. How reinsurers are adapting to changes driving direct writers. 2. Is gIobalization of reinsurance having a major effect? 3. In what ways has the reinsurance industry changed over the years and in what ways has it not changed?

Description: The days of reinsurance treaties bound by a handshake are long gone. Treaties have evolved into complex legal documents. The session will use a recently released study on recapture provisions as a starting point and will expand the discussion to other key treaty provisions. The focus will be on understanding the intentions, concerns and relative positions of both the direct company and the reinsurer so that a mutually beneficial compromise can be explored.

Description: 1993 SOA Spring Meeting, Boston. This session on international reinsurance covers the following topics: • Overview of the extent and form of international reinsurance activity. • Reporting, regulatory issues, remittance of payments, and currency exposure. • Accepting reinsurance of business issued in other countries from a US perspective. • Underwriting standards - US versus foreign countries. • Management of foreign risks from a US perspective.

Description: The presenters will provide an overview of the current state of the Group Life product space.