Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 A discussion of liquidity management for life insurance companies marketing institutional clients, in particular with respect to GIC contracts and Funding agreements. Topics included: · What happened at General American with their defaults on funding agreements. Why did the regulators and rating agencies miss the problems? · What was the impact of reinsurance? · What is the effect of adding institutional business such as putable funding agreements on liquidity management? · Are there prudent levels of this business that can be beneficial? · What is the effect of funding agreements with downgrade provisions on liquidity risks, and do such provisions create a preference for sophisticated institutional contract holders?

Description: Presented at October 2000 Annual Meeting. Panelists discuss the primary risks of long-term-care insurance, reasons for reinsurance utilization, the variable forms of long-term-care reinsurance in today's market, and other forms of risk management.

Description: Panel discussion focused on the Effective Use of Capital. Topics included: 1. Definition of capital 2. Appropriate level of capital and surplus in a life insurance company 3. Alternatives for deploying capital 4. Returns a life company should demand on invested capital 5. How much a company should charge for lending its capital in reinsurance transactions

Description: Presented at May 2000 Spring Meeting. This teaching session deals with the use of reinsurance in the strategy of carriers' approaches to the long-term-care marketplace. Specifically, it discusses the market potential of LTC and the benefits of reinsurer expertise, smoothing of claims variability and protection from excess risk, the pros and cons of selling another carrier's plan, and types of reinsurance.

Description: Panel discussion focused on the Effective Use of Capital. Topics included: 1. Definition of capital 2. Appropriate level of capital and surplus in a life insurance company 3. Alternatives for deploying capital 4. Returns a life company should demand on invested capital 5. How much a company should charge for lending its capital in reinsurance transactions

Description: Panelists discuss: [1] relationships with your reinsurer, [2] reinsurance administration, [3] setting retentions, and [4] financial reinsurance and the regulator. From the 1987 Record of Society of Actuaries, Vol. 13, No. 2.

Description: Presented at June 1996 Spring Meeting. A panel of experts discuss risk management and capital management issues for disability insurers and the potential role of reinsurance.