In order to expedite a quote from Wilton Re, it is helpful to provide as much of the information listed below as possible. We strive to supply quotes back to our customers within two weeks of receiving the items below. Remember, pricing reinsurance is all about understanding risk. If we are missing data from a client, the opportunity becomes riskier. As a result, it becomes more difficult to justify an aggressive price. Help us to provide you with the best quote we can by sharing this data now. We'll treat it with the utmost confidence, and we will show you how we have put that information to work in our pricing models.
- Traditional
- Mortality Study
- Lapse Study
- Pricing and Lapse assumptions
- X-factors (if applicable)
- Underwriting guidelines
- Underwriting exceptions and/or dependencies
- Last 3 years of Underwriting, Claim, and Admin audits
- Underwriting manual
- Reinsurance premium mode or frequency
- Direct premiums (as appropriate)
- Retention and reinsurance structure
- Volume and/or premium projections
- Auto bind and jumbo limits
- Reserve basis
- Net amount at risk pattern (if applicable)
- Commissions or sales compensation
- Policy forms
- Application including TIA or conditional receipt
- Reinsurance systems description and reporting requests
- Treaty (if client prepared)
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- Run Off Solutions
- Cash flow testing projections, actuarial appraisal or equivalent
- Pricing, lapse, investment and expense history and projected assumptions
- Policy count, face and reserve amounts
- Description of policy types in the block
- Information on other assets and liabilities
- Other typical due diligence information
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