Prudential Financial, Inc. (NYSE: PRU), a financial services leader with $1.18 trillion of assets under management as of December 31, 2014, has operations in the United States, Asia, Europe, and Latin America. The Prudential Insurance Company of America and Prudential Retirement Insurance and Annuity Company, both wholly owned subsidiaries of Prudential Financial, Inc. have assets of $303.2 billion and $79.4 billion each, 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 talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management. In the U.S., Prudential's iconic Rock symbol has stood for 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 of
America (PICA) and Prudential Retirement Insurance and Annuity Company (PRIAC),
both wholly owned subsidiaries of Prudential, are leading the way in helping
all 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 risk
transfer solutions combine its core strengths in retirement, insurance and
asset management. In addition, PRIAC provides longevity reinsurance to insurers
in the United Kingdom. These strategies transfer longevity risk to Prudential
in exchange for reinsurance premiums, and deliver the flexibility U.K. insurers
need, 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 with Prudential plc, which is headquartered in the United Kingdom. Insurance products 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 solely responsible for its financial condition and contracual obligations. PRIAC and PICA provide insurance products for US pension plans but are not authorized to provide insurance products for UK pension plans. Neither PRIAC or PICA nor Prudential Retirement are authorized or regulated by the UK Financial Services Authority (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 have acquired UK pension risks through transactions with UK plan sponsors. PRIAC is not authorized or regulated by the Office of Superintendent of Financial Institutions for Canada or by the Financial Services Commission of Ontario.
Guarantees are based on the claims-paying ability of the issuing insurer and are subject to certain limitations, terms and conditions.
global reinsurer, SCOR recorded premium income in excess of EUR 11
billion in 2014 and managed total assets of more than EUR 37 billion. The Group
has a balanced business model with three branches: SCOR Global Life (life
reinsurance), SCOR Global P&C (non-life reinsurance, combining reinsurance
with direct and facultative P&C business) and SCOR Global Investments
(asset management). The SCOR group is committed to working with its clients on
a long-term basis, providing them with high added value, innovative and
tailor-made reinsurance solutions. The Group has a worldwide presence through
its 39 offices spread across five continents.
For more information: www.scor.com
The Society of Actuaries (SOA) is the largest professional actuarial organization. With meaningful research and unmatched education, and more than 25,000 of highly skilled actuaries, we prepare the individuals trusted to drive better business decisions and promote financial security in an ever-changing world. With an uncompromising emphasis on strength and quality of curriculum, the SOA provides a full range of rigorous pathways and distinguished credentials that are marks of distinction around the globe.
The SOA offers the distinguished and globally respected Fellow and Associate of the Society of Actuaries - also known as FSA and ASA - credentials. It offers specialty tracks in all areas of practice on the pathway to Fellowship: Corporate Finance and ERM; Quantitative Finance and Investment; Individual Life and Annuities; Retirement Benefits; Group and Health; and General Insurance. In addition, the SOA offers the Chartered Enterprise Risk Analyst (CERA) credential, which is the most comprehensive and rigorous demonstration of enterprise risk management (ERM) expertise available.
Working to advance actuarial knowledge across disciplines and be an advocate for the profession, the SOA conducts various events and professional development opportunities to ensure excellence in its actuaries' work in providing expert advice and relevant solutions for financial, business and societal problems. For more information, please visit soa.org.
EY is a
global leader in assurance, tax, transaction and advisory services. The
insights and quality services we deliver help build trust and confidence in the
capital markets and in economies the world over. We develop outstanding leaders
who team to deliver on our promises to all of our stakeholders. In so doing, we
play a critical role in building a better working world for our people, for our
clients and for our communities.
Milliman is among the world’s largest independent actuarial and consulting firms, delivering market-leading services and solutions for clients for over 60 years. Working locally as part of a global team, our professionals help clients to fulfil their potential, whether it involves reimagining actuarial reporting, implementing cutting edge risk management, delivering product innovations, or efficiently structuring their 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 more
than 50 countries, Aon Benfield is the division within Aon dedicated to
Aon Benfield is the n°1 global broker in treaty reinsurance and facultative covers, as well as in operations regarding capital markets.
It represents 3,000 professionals and more than USD 29 billion of premiums transferred to the reinsurance market for the year 2015.
Aon Benfield provides its customers all the benefits that the world's leading 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 its
trade intermediation excellence, Aon Benfield is an innovative partner for its
clients due to its consulting missions that include more and more expertise.
Aon Benfield advises insurers and mutual organizations to optimize the management of their own funds. It focuses on the main priorities of its clients, including protection of their balance sheet and their income statement. It contributes to its clients’ risk management through assessment of the risk management framework, modeling the catastrophe exposures.
Aon Benfield accompanies its clients through the transition caused by new regulatory environments, especially the Solvency II deadline.
Aon Benfield offers a multidisciplinary team (actuaries, financial experts, lawyers) to assist clients in their operations for life reinsurance. The team is conducted by Philippe Virolle, DGA Life and Health accident and Arnaud Chevalier, under the responsibility of Catherine Bourland DG Aon Benfield France.
Since 1997, the Life Accident and Health department of Aon Benfield is a pioneer and leader in the market of Life Reinsurance.
This department is active 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 optimization under 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 founded by four experienced professionals, who are specialised in many actuarial subjects. They are supported by 30 multi-skilled actuarial consultants to deliver innovative, transparent and customized solutions to PRIM’ACT clients in all areas of actuarial expertise such as Risk-Management, ALM, financial modelling, Life and Non-Life Insurance or Insurance regulation. PRIM’ACT is regulary called on to assist its clients in an area of never ending changes, subject to a mostly complex and quickly moving regulatory frameworks such as portfolio valuation, profitability analysis, S2 or SST valuation. PRIM’ACT approach relies upon strong actuarial skills and an in depth and long term knowledge of the insurance market. For instance, PRIM’ACT holds a strong market share in the field of actuarial assessment of life tables in France. Some of its partners teach actuarial science in 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.