Prudential Financial, Inc. (NYSE:PRU), a financial services leader with $1.18 trillion of assets undermanagement as of December 31, 2014, has operations in the United States, Asia, Europe,and Latin America. The Prudential Insurance Company of America and PrudentialRetirement Insurance and Annuity Company, both wholly owned subsidiaries ofPrudential Financial, Inc. have assets of $303.2 billion and $79.4 billioneach, liabilities of $292.0 and $78.4 billion each, and capital and surplus of$11.2 billion and $1.0 billion each. (as of 6/30/14)
Prudential's diverse and talentedemployees are committed to helping individual and institutional customers growand protect their wealth through a variety of products and services, includinglife insurance, annuities, retirement-related services, mutual funds, andinvestment management. In the U.S., Prudential's iconic Rock symbol has stoodfor strength, stability, expertise and innovation for more than a century.
- Serves individual and institutional clients worldwide through a variety of channels, including one of the largest proprietary distribution forces in the industry.
- Has approximately 47,000 (as of December 31, 2013) employees and sales associates in 41 countries and territories (we are known as Pramerica in some non-U.S. markets).
- Conducts its Principal businesses through three divisions: the U.S. Retirement Solutions and Investment Management division, the U.S. Individual Life and Group Insurance division, and the International Insurance division.
The Prudential Insurance Company ofAmerica (PICA) and Prudential Retirement Insurance and Annuity Company (PRIAC),both wholly owned subsidiaries of Prudential, are leading the way in helpingall types of defined benefit plans create a clear path to pension de-risking -regardless of their plan size or funded status. PICA's and PRIAC's risktransfer solutions combine its core strengths in retirement, insurance andasset management. In addition, PRIAC provides longevity reinsurance to insurersin the United Kingdom. These strategies transfer longevity risk to Prudentialin exchange for reinsurance premiums, and deliver the flexibility U.K. insurersneed, along with the added security their clients demand.
Information for PRIAC is as of 12/31/2013.
Prudential Financial, Inc. of the United States is not affiliated withPrudential plc, which is headquartered in the United Kingdom. Insuranceproducts are issued by Prudential Retirement Insurance and Annuity Company(PRIAC), Hartford, CT, or The Prudential Insurance Company of America (PICA),Newark, NJ. Both are Prudential Financial companies. Each company is solelyresponsible for its financial condition and contracual obligations. PRIAC andPICA provide insurance products for US pension plans but are not authorized toprovide insurance products for UK pension plans. Neither PRIAC or PICA norPrudential Retirement are authorized or regulated by the UK Financial ServicesAuthority (FSA) not any other regulatory bodies of European Economic Area(EEA). They do not offer insurance or reinsurance in the UK nor in the EEA.PRIAC does provide reinsurance in the US to UK insurance companies that haveacquired UK pension risks through transactions with UK plan sponsors. PRIAC isnot authorized or regulated by the Office of Superintendent of FinancialInstitutions for Canada or by the Financial Services Commission of Ontario.
Guarantees are based on theclaims-paying ability of the issuing insurer and are subject to certainlimitations, terms and conditions.
A top-fiveglobal reinsurer, SCOR recorded premium income in excess of EUR 11billion in 2014 and managed total assets of more than EUR 37 billion. The Grouphas a balanced business model with three branches: SCOR Global Life (lifereinsurance), SCOR Global P&C (non-life reinsurance, combining reinsurancewith direct and facultative P&C business) and SCOR Global Investments(asset management). The SCOR group is committed to working with its clients ona long-term basis, providing them with high added value, innovative andtailor-made reinsurance solutions. The Group has a worldwide presence throughits 39 offices spread across five continents.
For moreinformation: www.scor.com
The Societyof Actuaries (SOA) is the largest professional actuarial organization. With meaningfulresearch and unmatched education, and more than 25,000 of highly skilled actuaries, we prepare theindividuals trusted to drive better business decisions and promote financialsecurity in an ever-changing world. With an uncompromising emphasis on strengthand quality of curriculum, the SOA provides a full range of rigorous pathwaysand distinguished credentials that are marks of distinction around the globe.
The SOAoffers the distinguished and globally respected Fellow and Associate of theSociety of Actuaries - also known as FSA and ASA - credentials. It offersspecialty tracks in all areas of practice on the pathway to Fellowship:Corporate Finance and ERM; Quantitative Finance and Investment; Individual Lifeand Annuities; Retirement Benefits; Group and Health; and General Insurance. Inaddition, the SOA offers the Chartered Enterprise Risk Analyst (CERA)credential, which is the most comprehensive and rigorous demonstration ofenterprise risk management (ERM) expertise available.
Working to advance actuarial knowledge across disciplinesand be an advocate for the profession, the SOA conducts various events andprofessional development opportunities to ensure excellence in its actuaries'work in providing expert advice and relevant solutions for financial, businessand societal problems. For more information, please visit soa.org.
EY is aglobal leader in assurance, tax, transaction and advisory services. Theinsights and quality services we deliver help build trust and confidence in thecapital markets and in economies the world over. We develop outstanding leaderswho team to deliver on our promises to all of our stakeholders. In so doing, weplay a critical role in building a better working world for our people, for ourclients and for our communities.
Milliman is among the world’slargest independent actuarial and consulting firms, delivering market-leadingservices and solutions for clients for over 60 years. Working locally as partof a global team, our professionals help clients to fulfil their potential,whether it involves reimagining actuarial reporting, implementing cutting edgerisk management, delivering product innovations, or efficiently structuringtheir businesses. milliman.com.
Reinsurance Group of America, Incorporated (NYSE: RGA) is a leader in the global life reinsurance industry with approximately $2.9 trillion of life reinsurance in force and assets of $44.7 billion. We are one of the largest life reinsurance companies in the world. We are the only global reinsurance company to focus primarily on life and health-related reinsurance solutions. Our core products and services include individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting and product development.
Our world headquarters is located in St. Louis, Missouri and we have operations in 27 countries:
With offices in morethan 50 countries, Aon Benfield is the division within Aon dedicated toreinsurance activities.
Aon Benfield is then°1 global broker in treaty reinsurance and facultative covers, as well as inoperations regarding capital markets.
It represents 3,000professionals and more than USD 29 billion of premiums transferred to thereinsurance market for the year 2015.
Aon Benfield provides its customers all the benefits that the world'sleading reinsurance broker can bring:
- Innovation: Adaptation to changes in the regulatory environment, anticipation of future evolutions, Survey on emerging risks
- Technical expertise: Consulting activities for innovation regarding quantification of risks. Assessment and advisory on reinsurance strategies
- Market Expertise: Global view of the market to get optimal strategies regarding the structures and their placement. The bargaining strength is the consequence of its share in the reinsurers business
- United Team for a range of services: Availability of all services of Aon Group
- Long-term partnership based on the quality of Aon services and the expertise of its teams.
In addition to itstrade intermediation excellence, Aon Benfield is an innovative partner for itsclients due to its consulting missions that include more and more expertise.
Aon Benfield advises insurersand mutual organizations to optimize the management of their own funds. Itfocuses on the main priorities of its clients, including protection of their balancesheet and their income statement. It contributes to its clients’ riskmanagement through assessment of the risk management framework, modeling thecatastrophe exposures.
Aon Benfield accompaniesits clients through the transition caused by new regulatory environments,especially the Solvency II deadline.
Aon Benfield offers amultidisciplinary team (actuaries, financial experts, lawyers) to assist clientsin their operations for life reinsurance. The team is conducted by PhilippeVirolle, DGA Life and Health accident and Arnaud Chevalier, under theresponsibility of Catherine Bourland DG Aon Benfield France.
Since 1997, the LifeAccident and Health department of Aon Benfield is a pioneer and leader in themarket of Life Reinsurance.
This department isactive in all lines of business regarding Life and Health Insurance:
- Saving products, including GMDB, Mass Lapse events, financial guarantees, funding operations
- Individual and collective Insurance: Protection & Health
- Mortgage Insurance
- Individual Accident, GAV or other similar products
- Catastrophic mortality Cover (epidemic, disasters), trends in mortality and longevity
Reinsurance optimizationunder Solvency II.
Guy Carpenter: A Full-Service Reinsurance Intermediary and Risk Management Expert helping clients achieve profitable growth with a powerful combination of specialized reinsurance broking expertise, strategic advisory service, and industry leading analytics.
Our expertise :
*Optimization of existing reinsurance structures with the objective of improving client’s KPI
*Construction and placement of innovative cover that reduces Solvency Capital requirements under Solvency II, including savings and retirement products
*Wide knowledge of Reinsurance players and available capacity.
World renowned and considered a reference in Reinsurance and Risk Management since its founding in 1923
* A global network of a staff of 2,300
* Offices in more than 30 countries – in Europe: Germany, Belgium, Spain, France, Ireland, Italy, Netherlands, Poland, Portugal,Czech Republic, Sweden, Switzerland, UK.
GC AnalyticsTM : Resources of more than 250 actuaries and financial engineers, who help clients to make better business decisions by providing risk and catastrophe model capabilities
PRIM’ACT PROFILE AND SERVICES PRIM’ACT was foundedby four experienced professionals, who are specialised in many actuarial subjects. They are supportedby 30 multi-skilled actuarial consultants to deliver innovative,transparent and customized solutions to PRIM’ACT clients in all areas ofactuarial expertise such as Risk-Management, ALM, financial modelling, Life andNon-Life Insurance or Insurance regulation. PRIM’ACT is regulary called on toassist its clients in an area of never ending changes, subject to a mostlycomplex and quickly moving regulatory frameworks such as portfoliovaluation, profitability analysis, S2 or SST valuation. PRIM’ACT approachrelies upon strong actuarial skills and an in depth and long term knowledge ofthe insurance market. For instance, PRIM’ACT holds a strong market share in thefield of actuarial assessment of life tables in France. Some of its partners teach actuarial sciencein different universities and colleges. .
For more information,please visit http://primact.fr/.
SINALYS Created in 2001, Sinalys is an independent company owned by it's managers. It is a consulting company and a designer of actuarial webbased IT tools, targeted at Insurance Sector. Our expertise covers needs of Insurance and Social Welfare Industry for actuarial calculations, inventories and Solvency II. Our ambition is to help you to gaining time and enhancing the relevance of your reporting.