Description: Paper discussing issues pertaining to setting and managing issue limits and reinsurance retention limits for life insurance.

Description: With the potential growth in the premium finance and life settlement industry, private equity and hedge funds are exploring ways to be involved in this market. With few organizations willing to enter the market offering reinsurance, risk management is being explored through alternative means such as the use of options. From Reinsurance Section News, November 2007, Issue No. 61.

Description: Pricing longevity swap reinsurance transactions consists of a number of different actuarial tasks, each of which hides potential pitfalls. The article outlines the pricing process, which includes a detailed analysis of current mortality experience of the portfolio to be transferred, choice and calibration of an appropriate model for mortality improvement trends and the calculation of a risk margin which reflects the uncertainty associated with the pricing best-estimate, which includes mis-estimation risk, model risk, longevity basis risk and stochastic uncertainty.

Description: A discussion of the value a reinsurer can provide beyond assistance through coinsurance with XXX compliance. There are recent signs that the use of coinsurance and the inherent shift of the burden of the reserves to the reinsurers are putting stress on the reinsurers’ capacity limitations. Reinsurers are able to shoulder only so much of the burden of the reserve strain caused by Regulation XXX. What reinsurers do best, and know best, though, is mortality risk. If your company is seeing signs from your reinsurers that this is the case, this article will present some thoughts to consider as to why sales of level term products may still be acceptable, even without the support of coinsurance programs.

Description: These are discussion papers on the paper, 'Ordinary Life Insurance Limits' by Edward A. Dougherty, which dealt with issue limits and reinsurance retention limits in life insurance.

Description: This is a discussion of miscellaneous topics. From the Transactions of Society of Actuaries 1962, Vol. 12 Pt. 2 Includes discussion of automation opportunities, persistency studies, and stop-loss and catastrophe reinsurance

Description: View the complete issue for the August 2014 Reinsurance News newsletter.