Reinsurance as a Capital Management

Reinsurance as a Capital Management Tool

May 10.2011 |

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1. Has ERM been successful in better management of risk on an integrated basis through companies and company groups?

2. How has this changed the role of reinsurance in companies? Is it used effectively as a capital management tool?

3. Have organizational structures been changed to assure effective communication and management of risk information?

4. Are insurers and reinsurers making effective use of capital markets to supplement industry capital in risk bearing?

5. Will integrated risk and capital management expand the market potential for a broader range of now insurable risks globally? How?

Economic Crisis

The Impact of the Economic Crisis on the Insurance Industry

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Considerations:

1. How have the economic crisis and aftermath affected insurance lines, e.g., higher claims, decline in sales, growth in sales, new products?

2. How has the experience in financial services affected the direction of insurance regulation? Is insurance regulation affected by mistaken assumptions about industry needs and norms, e,g., excessive restriction on the use of needed hedging facilities?

3. How will the recent experience change risk management practices in the industry?

4. Will problems in the derivatives markets reduce or change the use of capital markets for insurance activities?

5. What new market opportunities are created by the recent crisis?

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