Sep 4, 2025 · Issue: Reinsurance, often referred to as “insurance for insurance companies,” is a contract between a reinsurer and an insurer. In this contract, the insurance company—the …

SUMMARY OF ISSUE Reinsurance is the assumption by an insurer of all or part of a risk undertaken originally by another insurer. Current statutory guidance on the accounting for …

The ceding insurer is required to reimburse the reinsurer for negative experience under the reinsurance agreement The reinsurance agreement can’t involve the possible payment by the …

Summary: This agenda item was developed in response to the December 2023 Valuation Analysis (E) Working Group’s referral to the Statutory Accounting Principles (E) Working …

For reinsurance ceded under reinsurance agreements with an inception, amendment or renewal date on or after January 1, 1993, the trust shall consist of a trusteed account in an amount not …

What is Longevity Risk Transfer? Longevity Risk Transfer (“LRT”) involves isolating and transferring longevity risk that is inherent in a portfolio of pension or insurance liabilities

Preface to Credit for Reinsurance Models The amendments to the NAIC Credit for Reinsurance Model Law (#785) & Regulation (#786) are part of a larger effort to modernize reinsurance …

2 days ago · The guideline aims for greater transparency and consistency nationwide. Macaluso provided an update on an initiative regarding offshore life reinsurance , noting an increased …

Asset Intensive Reinsurance Transactions - Coinsurance arrangements involving life insurance products that transfer significant, inherent investment risk including credit quality, …

This statement provides statutory accounting principles for reinsurance contracts that do not transfer both components of insurance risk (underwriting risk and timing risk).