In proportional agreements, the primary insurer and reinsurer
share the liability risk proportionately.
It is therefore of utmost importance that you identify and explain all possible characteristics and aspects of your business, including those shown above in Assumption "A" (Choice of Mortality Table) to each reinsurer
quoting, that would tend to justify an assumption of a flatter mortality slope than the 1990-95 (2001 VBT) select/ultimate table.
have traditionally failed to achieve reliable earnings on a never-ending upward curve, making their shares unattractive to those looking for alpha, let alone beta, delta or lamda.
that declined to become national reinsurers
or POE reinsurers
could continue to operate under the current NAIC Credit for Reinsurance Model Act.
49) As a result, the court held that the follow- the-settlements doctrine did not obligate the reinsurer
to indemnify the cedent for those claims that did not fall within the policy period.
In fact, all subsequent reinsurance (retrocession) arrangements with foreign reinsurers
theoretically are subject to the FET.
bringing A-rated capacity and technical expertise to craft your program will not give you serious consideration if you plan to share their expertise among several markets.
Nagle said the dispute reflects a growing trend among reinsurers
to stall and force renegotiation of contracts after obtaining the contract by underpricing the potential losses.
Facultative reinsurance nearly always obliges reinsurers
to follow the claim settlements of the cedants.
in the group -- Endurance Reinsurance Corp.
THE LIFE REINSURANCE market is stable and strong, although shrinking cession rates may impact business going forward and compel reinsurers
to look for ways to boost revenue, according to all major rating agencies that put out reports in September.
Real risk sharing creates a spirit of partnership between a reinsurer
and ceding company.