Examples of reinsurance business in a sentence
Changes in Actuarial LiabilitiesChanges in actuarial liabilities for the nine months ended September 30, 2005, and September 30, 2004, are as follows: 2005 2004 (1) The increase in reserves arises from lapse and morbidity assumption changes in the Reinsurance Business Unit.
Changes in Actuarial LiabilitiesChanges in actuarial liabilities for the three and nine months ended September 30, 2006, and September 30, 2005, are as follows: For the three months endedFor the nine months ended September 30 2006 (1) The increase in reserves arises from lapse and morbidity assumption changes in the Reinsurance Business Unit.
The decreases arise mainly from mortality assumption changes in the Reinsurance Business Unit.
AGC assumes exposure on insured obligations ("Reinsurance Business") and cedes portions of its exposure on obligations it has insured ("Ceded Business") in exchange for premiums, net of ceding commissions.
Corporate and Other Segment – comprised of investment performance on assets backing capital, net of amounts allocated to operating segments; costs incurred by the corporate office related to shareholder activities (not allocated to operating segments); financing costs; Property and Casualty (“P&C”) Reinsurance Business; and run-off reinsurance operations including variable annuities and accident and health.