Facing the Challenge

Panko, Ron
April 2011
Best's Review;Apr2011, Vol. 111 Issue 12, p63
Trade Publication
The article focuses on efforts being made by the U.S. reinsurance companies to deal with the changing environment of the industry. It mentions that varying regulatory frameworks and financial crises are changing the industry. Advisor at Ernst and Young LLP Richard de Haan informs that National Association of Insurance Commissioners is reviewing its Risk-Based Capital framework in the U.S. It reveals the reinsurers are cautiously using their capital for growth and taking on variable annuity risk.


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