An executive of a life reinsurer has told an industry conference that his sector of the business is without the taint that investigations have attached to property-casualty reinsurers.
"A lot of bad things have been done on the p-c side, but the life side is a lot cleaner," said Jeff Poulin, a senior vice president, life and annuity, with London Life Reinsurance Co., Blue Bell, Pa., speaking on a panel at the annual meeting of the Society of Actuaries in Washington.
Mr. Poulin said for the financial reinsurance the life side provides there are more reserve credit rules and risk transfer rules in place.
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