Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Guy Carpenter: Reinsurers Like LTD

X
Your article was successfully shared with the contacts you provided.

Good claims experience has helped bring down life and health reinsurance prices.

A consultant at Guy Carpenter & Company L.L.C., New York, gives that assessment in a mid-year review of the life and health reinsurance market.

Medical stop-loss carriers have faced turbulence in recent years, but renewal rates now are approaching the break-even point, according to David Rains, a Guy Carpenter managing director.

Writers of long-term disability insurance are seeking growth, and that is translating into higher retention levels, Rains says.

Because LTD programs are performing well, reinsurers also have a “healthy appetite” for LTD risk, Rains says.

Meanwhile, at term life operations, the trend away from coinsurance in term life lines has slowed, and insurers are becoming comfortable holding larger amounts of mortality risk, Rains says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.