Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session focused on the advantages and practical applications of offshore reinsurance. Topics included: · Types of reinsurance · Brief history of the development of the offshore market · Tax and regulatory advantages · Number of reinsurers and size of market · Risks that offshore reinsurance can best address · Financial reinsurance arrangements · Impact of Regulation XXX on demand and price · Regulatory considerations · Details of the use of letters of credit

Description: This presentation, session number 91F, took place at the 1999 Spring Meeting of the Society of Actuaries, held May 24-25 in Atlanta. The panelists discuss questions raised by the intent of several U.S. and Canadian insurers to reorganize, within permitted regulations, to access capital and further their companies’ growth. The discussion looks at considerations for domestic and multinational insurers based in other countries, including regulatory matters. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 1.