Reinsurance

Pinnacle serves a wide range of reinsurance customers, including:

Primary Companies — We can help primary companies, including insurance companies, alternative market insurers and self-insured organizations, to optimize reinsurance purchases, evaluate retained risk, review catastrophe exposure and develop reinsurance underwriting submissions.

Reinsurance Companies — We provide loss reserving, latent mass tort loss reserving, reinsurance underwriting, audit support and reinsurance pricing for a large variety of reinsurance companies.

Brokers — We assist brokers by helping their clients optimize reinsurance purchases, evaluate retained risk, review catastrophe exposure and develop their reinsurance underwriting submissions.

Auditors — Pinnacle provides a complete suite of actuarial support required to complete an audit, such as reviewing a company’s held reserves, providing a second opinion on the held reserves or assisting in the determination of risk transfer in reinsurance contracts.

Regulators — We offer the actuarial support required to complete a regulatory review of an insurance company, including reviewing a company’s held reserves, providing a second opinion on the held reserves or assisting in the determination of risk transfer in reinsurance contracts.

Government Funds — We can assist you in understanding your potential assessments for residual market pools.

Domestic Companies — Pinnacle provides a number of Statements of Actuarial Opinion (SAOs) for reinsurers and primary companies with significant assumed business. We can also assist companies in providing the necessary support to regulatory authorities required in collateral negotiations, commutations or loss portfolio transfers, and reinsurance risk transfer analyses.

Offshore Companies — Bringing extensive experience with companies in a number of offshore locations, we are a designated “loss reserves specialist” in Bermuda for Bermuda clients, and provide reinsurance reserve analysis for the Cayman and other Caribbean-island-based companies. Beyond our regular actuarial services, we can model capital requirements based upon the regulations of local insurance authorities.

Property Lines — Our consultants have knowledge of the various perils impacting property exposures, such as wind, wildland fires, terrorism or mold. Further, our experience includes a strong understanding of property coverages that increase losses, including business interruption and time elements exposures.

Casualty Lines — Our experience includes a number of significant casualty lines, including workers' compensation, general liability, medical malpractice and other professional lines of business. We also have significant experience with specific exposures, such as asbestos, environmental, construction defect and other latent mass torts.

Underwriting — Pinnacle consultants have deep and wide experience in various insurance functions, including reinsurance and primary company actuaries, underwriters and product mangers. We also provide support to primary companies in developing their reinsurance underwriting submissions. In addition, we can provide reinsurance underwriting audit support, which can include a review of ceding companies' adherence to contract provisions or a review of data quality submitted to the reinsurer.