Evaluating the Security of a Reinsurer

The security of a reinsurer is important not only in selecting reinsurance, but must also be monitored continuously to assure continued collectibility. Both from a statutory accounting viewpoint and long-term solvency viewpoint, actuaries are becoming increasingly responsible for informing management of the security of the company’s reinsurance. This panel will discuss issues of collectibility of reinsurance for annual statement purposes and evaluating longer-term security beyond strict statutory guidelines. They will also consider offshore and international reinsurers.