Reinsurer Financial Strength and Concentration Review Worksheet

Inspection template for evaluating reinsurer creditworthiness, monitoring concentration across the reinsurance program, and supporting diversification and collateral decisions.

Review Scope and Reinsurer Identification

• Reinsurer legal name and group affiliation documented
• Review date and review period recorded
• Lines of business and treaties included in scope identified
• Reviewer name and department recorded

Financial Strength and Creditworthiness

• Current financial strength rating reviewed and documented
• Rating outlook or watch status reviewed
• Capital adequacy or surplus position reviewed
• Liquidity indicators reviewed for ability to pay claims and recoverables
• Recent adverse developments identified and assessed
• Latest audited financial statements or equivalent reviewed

Concentration Across the Reinsurance Program

• Largest single reinsurer share of ceded premium reviewed
• Largest single reinsurer share of recoverables reviewed
• Exposure concentration by reinsurer group reviewed
• Single-event or catastrophe program dependence reviewed
• Concentration trend versus prior review assessed

Collateral, Security, and Recoverability

• Collateral requirement determined based on reinsurer credit profile
• Collateral type and amount documented
• Collateral coverage ratio reviewed against outstanding recoverables
• Legal enforceability or custody of collateral verified

Actions, Exceptions, and Sign-Off

• Exceptions or deficiencies documented with remediation plan
• Diversification or placement action required
• Final reviewer approval
• Final review status