Talk:Assumption reinsurance

Delete

I do not think that this topic is significant for a separate article. Try to expand on a related article. WhyWeAll (talk) 22:35, 1 July 2023 (UTC)

I agree this should be deleted, but for a different reason. The term is not one that is used in Reinsurance as far as I'm aware. What is actually described in the article is Reinsurance Novation. The only reference online to the term is of low quality.

People do use the term 'assumed reinsurance' to mean reinsurance contracts that a company writes (i.e. for which they are acting as the reinsurer), to distinguish from 'outwards reinsurance', i.e. contracts which a company buys in order to cede risk. Possibly this is the source of the confusion. SozzledDuck (talk) 14:48, 11 July 2023 (UTC)

The ngram for assumption reinsurance seems to indicate it is or at least was a specific thing. I'm not convinced this is a separate notable topic but it is something that seems to deserve coverage in the encyclopedia in some form. ~Kvng (talk) 17:13, 11 July 2023 (UTC)

Hi Kvng - thanks for sharing the link. I agree it does appear to be a valid term. I learned something new both in terms of ngrams, and the term itself, so thanks for that.

There are still some improvements that can be made:

1) The term 'Reinsurance Novation' is actually the one that is used in practice. See the following for example: https://www.swissre.com/dam/jcr:8320e894-2951-4f56-935e-a7c6a01163ac/reinsurance-novations-brochure-emea.pdf

Based on the Google ngram, Assumption Reinsurance appears to be mainly used in relation federal/tax documents, whereas Novation is more general. I'll dig out more sources to support this view.

2) In the Reinsurance wiki article the term 'assumed reinsurance' links to this page. But they are actually different things.

I'll have a think about the best way to address both of these issues. SozzledDuck (talk) 06:32, 12 July 2023 (UTC)