Computer System Managing an Insurance Reserve Requirement by Segmenting a Reinsurance Transaction

Apparatus arranged to manage a reinsurance transaction, the apparatus comprising:

• a computer system arranged to manage an insurance reserve requirement by segmenting risk components in a reinsurance transaction, the computer system comprising logic means controlling the system to carry out the steps of:
• calculating an insurance reserve requirement from data;
• and
• segmenting, for the reserve requirement, an economic reserve requirement from a corresponding excess regulatory reserve requirement to produce components, to support carrying out the reinsurance transaction in which the components are allocated to different parties, one of the parties from a group including an insurance risk carrier and a source of an asset for said capital requirement and the assets for the reserve requirement are assigned to a reinsurance asset trust to receive reinsurance credit for said reserve requirement.

Apparatus for arranged for controlling a system carrying out an implementation of managing an insurance reserve requirement by segmenting a reinsurance transaction, the apparatus including:

• means for calculating an insurance reserve requirement from data;
• means for segmenting, for the reserve requirement, an economic reserve requirement from a corresponding excess regulatory reserve requirement to produce components;
• and
• means for computer-aided carrying out the reinsurance transaction by steps including:
• means for computer-aided allocating the components to different parties, one of the parties from a group including an insurance risk carrier and a source of an asset for said reserve requirement;
• and
• means for computer-aided assigning assets for the reserve requirement to a reinsurance asset trust to receive reinsurance credit for said reserve requirement.

A computer-readable media tangibly embodying a program of instructions executable by a computer to perform the steps of:

• calculating an insurance reserve requirement from data;
• segmenting, for the reserve requirement, an economic reserve requirement from a corresponding excess regulatory reserve requirement to produce components;
• and
• processing data to carrying out the reinsurance transaction in which the components are allocated to different parties, one of the parties from a group including an insurance risk carrier and a source of an asset for reserve requirement and the assets for the reserve requirement are assigned to a reinsurance asset trust to receive reinsurance credit for said reserve requirement.

A computer-readable media tangibly embodying a program of instructions executable by a computer to control performance of a computer system carrying out the steps of:

• calculating an insurance reserve requirement from data;
• segmenting, for the reserve requirement, an economic reserve requirement from a corresponding excess regulatory reserve requirement to produce components;
• and
• processing data to carrying out the reinsurance transaction in which the components are allocated to different parties, one of the parties from a group including an insurance risk carrier and a source of an asset for said reserve requirement and the assets for the reserve requirement are assigned to a reinsurance asset trust to receive reinsurance credit for said reserve requirement, to carry out managing an insurance reserve requirement by segmenting risk components in a reinsurance transaction.