Reinsurance Pricing and Reserving - Intermediate Track
This session will cover the new reinsurance chapter from the revised
4th edition of the CAS Foundations of Casualty Actuarial
Science textbook, being published this year. The chapter's author,
Gary Patrik, will introduce the chapter and discuss the functions of reinsurance and types of contracts.
Chris Svendsgaard will briefly discuss reinsurance pricing techniques for proportional, excess of loss,
and aggregate excess contracts. Bill Belvin will discuss reinsurance loss reserving techniques, with
numerical examples outlining different reserving methodologies.
Moderator/Speaker:
Gary S. Patrik, FCAS
Chief Pricing Actuary
Swiss Re
Panelists:
William H. Belvin, FCAS
Chief Reserving Actuary
Swiss Re
Christian Svendsgaard, FCAS
Senior Pricing Actuary
Swiss Re
Analyzing Loss Sensitive Reinsurance Treaty Terms
Covering both technical and practical issues behind evaluating loss sensitive treaty terms,
this session will discuss excess-of-loss and prorata contract terms, including profit commission, sliding
scale commissions, and swing rates. The speakers will use numerical examples to illustrate how to use
an aggregate loss distribution to analyze various treaty terms. In addition, they will look at these
treaty terms from other business perspectives, such as accounting and underwriting. This session is
intended for people with three or fewer years of reinsurance pricing experience.
Moderator:
Kari S. Mrazek, FCAS
Assistant Vice President
SCOR Reinsurance Company
Panelists:
Jeffrey L. Dollinger, FCAS
Second Vice President
Employers Reinsurance Corp.
Jerome E. Tuttle, FCAS
Senior Vice President & Senior Pricing Officer
St. Paul Re