Description: Announces the Section has sponsored an educational paper written by Diane Wallace, entitled “Risk Transfer in Life Insurance Company Reinsurance Transactions.” The article also gives a synopsis of the article and who it pertains to.

Description: In an open-format session, panelists discuss current tax issues relating to reinsurance and address questions from the audience. Two specific tax issues addressed were: [1] tax treatment of ceding commissions in the case of surplus-relief or other financial-reinsurance transactions, and [2] IRCode Section 845b and tax-motivated reinsurance transactions. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.