Session: 22, 56

General Reinsurance

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Summary

As more insurers and reinsurers enter into the reinsurance of international exposures, U.S. actuaries are beginning to address the many pricing and reserving challenges of overseas countries. There are differences in the available data, benchmarks, and current nonactuarial practices in various regions of the globe. This session will focus on pricing international exposures, reserving issues in other countries, as well as the difficulties faced securing reinsurance for non-U.S. exposures. Also covered will be an approach to estimating size of loss distributions for non-U.S. risk.

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