Description: Munich American’s annual survey, which is conducted on behalf of the Statistical Research Committee of the Reinsurance Section, covers Canadian and U.S. ordinary and group life reinsurance new business production and in force.

Description: The embattled life insurance industry in Australia needs to come to terms with a new environment of heightened claims volumes, unprecedented losses, changing distribution models and even reduced benefits. Like the mythological phoenix that spectacularly regenerates from its ashes every century, Australia’s life insurance industry needs something special to rise from its ashes. Claims management innovation promises to give the necessary impetus for a market that is desperate for some good news, whilst laying the foundation for a claims revolution worldwide.

Description: The article examines the impact of the COVID-19 pandemic on U.S. mortality trends, noting that despite a decrease in COVID-19 deaths due to better treatments and vaccinations, excess mortality persists, especially among younger adults due to accidental causes. It discusses the challenges of predicting future mortality trends, considering factors like medical advancements and societal changes. The article also highlights the potential of new medical technologies and AI to significantly improve health outcomes in the future. Overall, it underscores the complex interplay of various factors influencing mortality in the post-pandemic era.

Description: Summary of the results from the SOA Reinsurance Section's survey of individual and group life reinsurance business assumed in 2023.

Description: Discussion of the evolving role of reinsurance in driving business decisions for the direct side, with particular emphasis on underwriting and risk classification and the emphasis on automatic versus facultative business.

Description: Read the Quo Vadis Reinsurance.

Description: Munich American's annual survey, which is conducted on behalf of the Statistical Research Committee of the Reinsurance Section, covers Canadian and U.S. ordinary and group life reinsurance new business production and in force.

Description: Insurance companies significantly expanded their use of life reinsurance throughout the late '90s and early '00s. This has meant that volumes being ceded to the reinsurance market have continued to expand after a brief respite in 2001 through quota share opportunities with direct insurers keeping only a portion of their published retention.

Description: The main purpose of “excess reinsurance” was to enable the direct writer to retain as much face amount as it could justify and merely cede the amounts which it felt was excessive relative to its surplus, earnings or other financial criteria.

Description: This article discusses the changes in the life reinsurance business over the last 45 years. From Reinsurance Section News, May 2005, Issue No. 55.