RAPA News

22 Oct 17

RAPA 2017 | New Content from Membership, Data Management & Risk Management

The RAPA initiative teams: Membership, Communications, Data Management and Risk Management, have published exciting new content for our members and potential members. In efforts to promote growth within our association, the Membership and Communications team published the RAPA New Membership package. The primary goal of this document is to highlight the importance of RAPA in the insurance industry and attract members. This package summarizes the association, initiatives, includes geographic/industry channel demographics, and most importantly, outlines the benefits to both, your organization and career. To view the new membership package, please visit RAPA’s membership page: http://reinsadmin.org/membership-information/ The Data Management team has produced…

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09 Oct 17

RAPA 2017 | Conference Attendees Update

The Reinsurance Administration Professionals Association is looking forward to hosting a special 20th Annual RAPA Conference at The Vinoy Renaissance St Petersburg Resort & Golf Club, from October 22nd – 24th.    We have an exciting line up of topics and speakers with a focus on our industry’s top emerging issues.  Sunday’s reception will begin at 5:30 p.m. at the Tea Garden.  The attire for all sessions on Monday and Tuesday will be business casual. For our Sunday night reception and Monday dinner event will be a flashback to the 90’s attire. Wear it if you’ve got it!! A complete overview…

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16 Aug 17

SOA Life & Annuity Reinsurance Seminar | August 14-15, 2017

Greg LaRochelle (RAPA Chair) and Shaun Downey (from John Hancock) recently presented at SOA Life & Annuity Reinsurance Seminar where Treaty Provisions and Reinsurance Administration continue to be top of mind.  Attached are the presentation materials from the entire seminar where they leveraged some of the great work that has been done by RAPA and provided some of their own thoughts on emerging concerns/future outlooks which they wanted to share as you may find it useful (2017-life-and-annuity-reinsurance-presentations): Treaty Provisions Presenter: Shaun Downey, John Hancock (Slide 81 – 95) o    Reinsurance treaty provisions can become particularly important and contentious when experience and profitability diverges from…

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01 Aug 17

20th Annual RAPA Conference – Register Today!

The Reinsurance Administration Professionals Association is looking forward to hosting a special 20th Annual RAPA Conference at The Vinoy Renaissance St Petersburg Resort & Golf Club, from October 22nd – 24th.    We have an exciting line up of topics and speakers with a focus on our industry’s top emerging issues. Important Notes Membership:  A reminder to everyone who has not yet renewed membership or for those who are not members and would like to become a member, please do so in advance of registration at http://reinsadmin.org/membership-information/.   Additionally, you will be able to obtain the lower member rate for the conference…

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15 Jun 17

20th Annual RAPA Conference

The Reinsurance Administration Professionals Association is looking forward to hosting a special 20th Annual RAPA Conference at The Vinoy Renaissance St Petersburg Resort & Golf Club, from October 22nd – 24th.    We have an exciting line up of topics and speakers with a focus on our industry’s top emerging issues. Important Notes Membership:  A reminder to everyone who has not yet renewed membership or for those who are not members and would like to become a member, please do so in advance of registration at http://reinsadmin.org/membership-information/.   Additionally, you will be able to obtain the lower member rate for the conference…

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13 Jun 17

Data Management Initiative – New Guidelines

The Data Management Initiative team has published three new notification guidelines. Trending over the last decade reflects an increase in ‘changes to’ and ‘changes of’ business partners to existing reinsurance and retrocession agreements. The types of changes are somewhat varied but do include an element of similarity in that the type of change, revision to company specific information, and updated banking or check disbursement information is needed by the reinsurer or retrocessionaire. The same information is also needed by the cedent when changes occur to the reinsurer or retrocessionaire. Please refer to the Acquistition_Name Change_Disbursement Notification best practices guideline document for…

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