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InsRis has material experience in
performing reinsurance services. We have a particularly strong staff of qualified
specialists/analysts, including property/casualty actuaries, life/health
actuaries, certified financial examiners, accredited financial examiners and
certified public accountants. Our reinsurance personnel provide assistance in the review and evaluation of complex reinsurance treaties,
transactions and programs, including cash flow analysis to determine risk
transfer. Our staff also
provides comprehensive reinsurance services to
insurance departments in the rehabilitation and liquidation of both property/casualty and
life/health companies. Services include managing the reinsurance accounting
practice; review and evaluation of intricate reinsurance agreements and
programs; identification, evaluation and collection of reinsurance recoverables;
and performing and negotiating commutations. Our professional staff possesses:
- In-depth knowledge of the reinsurance
guidelines of the NAIC presented in the Financial Examiners Handbook
- Understanding of the substance of
reinsurance established by an ARe or CPCU
- Ability to review and analyze the
reasonableness and adequacy of the Company's reinsurance program
- Capability to provide in depth knowledge of
contracts, claims, accounting and underwriting, coupled with related
transactions
- Ability to readily identify coverage gaps
and loss corridors
- Capability to accurately calculate premium
adjustments and retrospective premiums
- Experience with pooling arrangements,
fronting and portfolio transfers
- Ability to properly analyze any contracts
that may be in place, and be familiar with contract clauses (past and
present)
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