Description: Discussion of the current business environment, the profile of the actuary who can meet these needs, directions corporations will take in the 21st century, economic and demographic trends that will affect the environment and markets over the next decade. The panelists discussed the need to be pro-active in shaping the environment.

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