The capital markets continue to offer life insurers alternative vehicles to provide reserve relief and reduce capital strain. While several XXX securitizations have gone public, 2006 witnessed the first successful AXXX securitization. A growing number of companies are investigating securitization of redundant reserves as an alternative to other forms of financing.

Expert panelists will discuss:

• The past, present and future of life insurance securitizations
• The drivers behind securitizations, including impact on company earnings
• Recent innovative alternative structures to "traditional" securitization
• The participants and structure of securitization transactions
• Advantages and disadvantages of securitization vs. other forms of financing
• The rating agency views of these complex transactions
• Potential impact of principles-based reserving

This session will provide attendees knowledge and insight into the impact of life insurance securitizations and related transactions.