Description: This paper reviews the main methodological questions underlying the theoretical pricing of catastrophe insurance futures. From Securitization of Insurance Risk: The 1995 Bowles Symposium, M-FI978-1.

Description: In this session, attendees will learn about the state of the developing reinsurance market for Pension Risk Transfer/Group Annuities in the United States. Discover fundamentals of the primary (group annuity) market and evaluate market forces influencing the lack of significant reinsurance volume of the same nature. This will include a compare and contrast to the PRT and PRT reinsurance markets in other regions that have seen material secondary market volume (such as the UK).

Description: This article discussed modeling the P&C reinsurance market using an Agent Based Model to provide insights into the market. The characteristics of this marketplace provide credibility to this type of modeling. Specifically, the P&C reinsurance market has few major players, very little product differentiation, and low barriers to entry. In addition established competitors are volume-constrained due to prior business and capacity decisions made based on estimated product costs and prices.

Description: This article discusses The Compact is an agreement between member states to develop and use a single set of uniform standards as the guidelines to be followed for forms to be approved, including any actuarial-type requirements.

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 ideal business situations for securitization would be those where a company faces significant risks or has significant growth opportunities and where conventional sources of risk hedging or financing are not available or are too expensive. Ultimately, securitization should be able to provide hedging and/or financing that is more effective and less expensive than the alternatives.

Description: Welcome to reinsurance, where deals worth millions of dollars happen often with no more than minimal terms and conditions actually written down as agreed between the parties. This article discusses the concepts of contract finality.

Description: This article discusses the utilization of credibility concepts to reinsurer-cedant moratality analysis.

Description: This article celebrates the tremendous progress that has been made in automating reinsurance data. It also looks at remaining issues, such as a lack of standardization, and challenges presented for the future.

Description: The article raises awareness about the ReRun Charity Event at the SOA Annual Meeting in order to increase participation. ReRun donates all funds raised at its events to well known charities. ReRun is also an additional networking opportunity at the SOA Annual Meeting that is set in a relaxed, fun atmosphere.