Life insurers typically purchase reinsurance covers to achieve four main goals – capital management, catastrophe protection, volatility mitigation and product support. In some instances, each of the solutions are separately decisioned and purchased, but frequently may be combined into one reinsurance program. In today’s environment, an analysis that challenges the usual life rei ... Continue Reading »
life insurance
Life Insurance Insights
Here we review recent stories on GC Capital Ideas that provide insights on the new paradigm around life reinsurance. A Dynamic Approach to Managing Life Reinsurance Arrangements: 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 ... Continue Reading »
Funding Longevity Risks in Captives
Global life insurance and reinsurance companies continue to look for innovative solutions to the longevity risks in their portfolios - life insurance, annuities and long-term disability programs. Further, pension fund trustees are looking for financially efficient methods of managing the longevity exposure in their pension portfolios. With greater life expectancies in much of ... Continue Reading »
A Dynamic Approach to Managing Life Reinsurance Arrangements
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 ... Continue Reading »
A Dynamic Approach to Managing Life Reinsurance Arrangements: Part II; Treaty Design and Implementation
Matthew Rose, Managing Director; Justin Ward, Senior Vice President; and Victor Hai, Senior Vice President Contact 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 ... Continue Reading »
A Dynamic Approach to Managing Life Reinsurance Arrangements: Part I
Matthew Rose, Managing Director; Justin Ward, Senior Vice President; and Victor Hai, Senior Vice President Contact 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 ... Continue Reading »
The Transformation of Australian and New Zealand Life Insurance
The 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. ... Continue Reading »
Recent Thought Leadership from Guy Carpenter – Asia Pacific Focus
Here we present a recap of recent thought leadership from Guy Carpenter focusing on important insurance and reinsurance topics in Asia Pacific. Are You at Risk? Managing Affirmative and Silent Cyber Risk Accumulation Closing the Gap: Insurance Penetration and Public Sector Risk Financing in Asia Pacific The Transformation of Australian and New Zealand life insurance Flood ... Continue Reading »
Recent Thought Leadership from Guy Carpenter – North America Focus
Here we present a recap of recent thought leadership from Guy Carpenter focusing on important insurance and reinsurance topics in North America. ... Continue Reading »
The Transformation of Australian and New Zealand life insurance – GC@SIRC Commentary
Matthew Rose, Managing Director Contact 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 ... Continue Reading »
