Posts Tagged ‘life insurance’



May 9th, 2019

A Dynamic Approach to Managing Life Reinsurance Arrangements: Part II; Treaty Design and Implementation

Posted at 1:00 AM ET

Matthew Rose, Managing Director; Justin Ward, Senior Vice President; and Victor Hai, Senior Vice President

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Many treaties were created at the earlier stages of product development with a value proposition whereby the reinsurer co-developed the product, pricing and features. As the relationships with reinsurance partner(s) change over time, the ability to adjust the terms of the relationship may be limited and in many cases an imbalance in the partnership emerges.

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May 8th, 2019

A Dynamic Approach to Managing Life Reinsurance Arrangements: Part I

Posted at 1:00 AM ET

Matthew Rose, Managing Director; Justin Ward, Senior Vice President; and Victor Hai, Senior Vice President

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The traditional life reinsurance model typically involves perpetual treaties linked to an underlying product. In order to create alignment between the contracting parties, the treaty would follow the underlying terms of the product. However, the treaty structure may concurrently include provisions that reduce alignment between the insurer and reinsurer, to the insurer’s detriment. This approach is often wrapped in the reinsurer’s “value proposition” - providing services to support the pricing, underwriting and claims management of the underlying product.

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April 15th, 2019

The Transformation of Australian and New Zealand Life Insurance

Posted at 9:00 PM ET

matthew_rose_01The life insurance industry in Australia is facing unprecedented challenges from forces within and from the effects of an increasingly globalized economy. As life industry profitability has declined in Australia in recent years, the underlying manufacturing business model is rapidly changing, according to Matthew Rose, Managing Director, Guy Carpenter.

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November 7th, 2018

Recent Thought Leadership from Guy Carpenter – Asia Pacific Focus

Posted at 1:00 AM ET

Here we present a recap of recent thought leadership from Guy Carpenter focusing on important insurance and reinsurance topics in Asia Pacific.

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November 5th, 2018

Recent Thought Leadership from Guy Carpenter – North America Focus

Posted at 1:00 AM ET

Here we present a recap of recent thought leadership from Guy Carpenter focusing on important insurance and reinsurance topics in North America.

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October 30th, 2018

The Transformation of Australian and New Zealand life insurance - GC@SIRC Commentary

Posted at 8:00 PM ET

matthew_rose_01Matthew Rose, Managing Director

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  • Foreign companies are seeking the long-term growth opportunities that the Australian market offers
  • Insurers are gaining understanding of the significance of efficient and dynamic restructuring of their capital
  • Regular discussions ensure that covers are properly structured to reflect current risk/capital needs

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October 29th, 2018

Life: Emerging Competition and the Need to Remake the Reinsurance Relationship - GC@PCI Commentary

Posted at 9:00 AM ET

rains_david-5-2015-reduced-sizeDavid Rains, Managing Director

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  • Life reinsurance value prop a combination of risk capital, differentiated underwriting knowledge and value-added services
  • Availability of capital and insurers’ success in closing knowledge gap in underwriting reduce need to purchase risk protection
  • Reinsurers can position their InsurTech and advanced technologies to make advisory services a core deliverable

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August 27th, 2018

The Life Insurance Industry Needs a Lifeline

Posted at 1:00 AM ET

johnwhitworth_oliverwJohn Whitworth, Partner, Oliver Wyman

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The life insurance industry appears healthy enough with plenty of capital and booming sales. A quick look under the hood, however, and it becomes clear that the industry’s profitability has been declining for some time. Continue reading…

December 14th, 2017

Little-Used Retirement Option Gets a Big Boost: Part IV

Posted at 1:00 AM ET

rains_david-5-2015-sm5mparker-sm5David A. Rains, Managing Director and Healthcare and Life Specialty Leader and Michael R. Parker, Managing Director, Senior Business Development Broker

It is likely that the enduring differentiators among companies selling variable annuities will be how they access customers and the experience they provide to customers. Rapidly concentrating market shares will favor insurers with modular product design and management, with clean components that can be separately capitalized or reinsured as needed to optimize capital usage.

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