Each insurer’s risk-mitigation needs are unique to their enterprise. Jeremy was able to help one reinsurer come to market with a new product by making sure that the structure passed all regulatory requirements. One client needed to mitigate certain risks which could be provided by traditional reinsurance structures, but those […]
A client needed a feasibility study to determine the viability of entering a new market. Jeremy prepared a report, complete with a market survey, article review and economic review to provide enough background for them to make a decision. To answer their questions Jeremy conducted a market survey, using his […]
Hedge Funds often take calculated risks by investing in companies prior to their going public. Jeremy and his partner produced a report that both explained the market and how much this particular target was worth. As the Hedge Fund did not know the insurance business, part of the report was […]
The current level of statutorily required reserves for level term and universal life with secondary guarantees is widely viewed as redundant. In 2014, Jeremy worked with a client to place approximately $1 billion in redundant reserve capacity. Prior to 20151 the level of the redundancy was determined by the excess […]
The Senate Finance Committee had tasked the IRS to develop some form of asset-based bright line test to separate off-shore (re)insurance companies from Hedge Fund shelters. As noted in my prior post, last Thursday’s proposal does not have a bright line test, but has some other tests that may be . . . Read More
The proposal is meant to make sure that hedge fund sponsored offshore reinsurers are not using these vehicles as a way to shelter investment gains from US taxes rather than being true reinsurers. While the proposed rules are aimed at hedge-fund-sponsored offshore reinsurers, it seems clear that the proposal . . . Read More
One source of dispute between non-United States reinsurers and United States insurance regulators has been the amount of reinsurance collateral that must be established in order for their United States cedents to take full reinsurance credit. Various entities have been lobbying the National . . . Read More