Insurance vs. Reinsurance: 25/75%
Treaty vs. Facultative Reinsurance: 85/15%
Current Insurance or Reinsurance Company Officer
Denis Loring has had over 40 years of experience in the insurance and reinsurance industries. He is currently a Senior Vice President of RGA Worldwide Reinsurance Company, Ltd., a subsidiary of RGA Reinsurance Company, one of the nation’s largest life reinsurers. His specialties include life reinsurance, finite/financial reinsurance, alternative risk transfer, and London market accident and health business.
Mr. Loring received his Bachelor’s degree from Harvard College and his Master’s from MIT, both in mathematics. He joined the John Hancock Mutual LIC actuarial student program in 1971, attaining his Fellowship in the Society of Actuaries in five years. In 1981, he moved to the Equitable Life Assurance Society, where he founded and led the Reinsurance Department. His responsibilities included all of Equitable’s ceded reinsurance, the reinsurance assumed line of business, and building the largest financial reinsurance program in the history of life insurance.
He left the Equitable in 1998 to join RGA/Swiss Financial Group, a reinsurance intermediary. Two years later RGA bought out the Swiss and the group was merged into RGA Reinsurance Company, where it is now Global Financial Solutions. At RGA Re, Mr. Loring worked in business development and regulatory affairs until his retirement in 2012.
Mr. Loring was active in a number of reinsurance industry organizations. He served twice on the governing council of the Reinsurance Section of the Society of Actuaries, including as its Chair. He was on the Life Reinsurance Committee of the RAA, also serving as its Chair, and the Reinsurance Committee of the ACLI. For many years, he has taught the life reinsurance component of the RAA “ReBasics” course. He has also taught “Life Reinsurance 101” to a number of audiences, including state regulators, in-house and outside reinsurance counsel, and officials of the Department of the Treasury. His experience as cedent, reinsurer and retrocessionnaire gives him a broad perspective on the issues confronting the reinsurance industry.