Event Details
The Fairmont Washington D.C.
2401 M Street, NW
Washington
District of Columbia, 20037
TEL + 1 202 429 2400
FAX + 202 457 5010
5/18/2017
About This Event
The purpose of this seminar is to provide information on a variety of reinsurance topics. Practical approaches to problems will be presented and discussion will be encouraged. Participants can expect to gain awareness and insight into difficult issues and are encouraged to share their own ideas.
Continuing Professional Education Credit
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide actuarial services. Actuarial services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings, or opinions based upon actuarial considerations.”
Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy.
This activity may qualify for up to 13.5* CE credits for the Seminar on Reinsurance for CAS members. Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE credit per 50 minutes of educational session time not to include breaks or lunch.
*The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the American Academy of Actuaries.
Paperless Meeting
Green seminars incorporate environmental considerations to minimize negative impacts on the environment. The CAS has taken a step in that direction by making the Reinsurance Seminar “paperless,” which means:
- Paper copies of session handouts will not be provided in the meeting rooms.
- Paper copies of the list of attendees will not be distributed, though a few copies will be available for review at the Reinsurance Seminar registration desk.
- Seminar evaluations will be administered electronically
- Session slides will be posted on the CAS Web Site at least two weeks in advance of the Reinsurance Seminar so that attendees can download, print, and bring handouts as desired. Please note that not every presenter will choose to provide a presentation for his or her session.
Once at the Reinsurance Seminar, attendees are encouraged view the list of attendees online, complete the online evaluation forms, and download presentations to a USB flash drive for the sessions they attend.
The CAS appreciates your participation in this effort to reduce the Seminar’s carbon footprint and impact on the environment.
University of CAS (UCAS)
Visit the University of CAS to begin an all new experience in education. UCAS provides a virtual world of opportunities to help enhance your professional education needs. Through capture of live content from CAS meetings and seminars, UCAS will offer a variety of session presentations, audio recordings, podcasts, and recorded Webinars.
Most of our sessions from the 2017 Seminar on Reinsurance will be recorded and available to seminar attendees for $50.
Attire
Business casual attire is suggested for all sessions as well as all evening functions. Since meeting room temperatures and personal comfort levels vary, it is recommended that you bring a sweater or jacket to the sessions. In Washington D.C. the average high temperature during June is 85 degrees and the average low is 65 degrees.
Consent to Use of Multimedia
Registration and attendance at or participation in CAS meetings, seminars, and other activities constitutes an agreement by the registrant to the CAS use and distribution (both now and in the future) of the registrant or attendee’s image or voice in photographs, videotapes, electronic reproduction, and audiotapes of such events and activities.
Contact Information
- For more information on Reinsurance Seminar educational content, please contact CAS Manager of Professional Education, Vincent Edwards at vedwards@casact.org.
- For more information on attendee registration, please e-mail arc@casact.org.
- For more information on the Reinsurance Seminar other than registration or content issues, please e-mail meetings@casact.org.
- For more information on other CAS opportunities, or for more information regarding administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or by email.
Pre-registration is now closed. Please register with the CAS Staff in Washington, D.C. Questions? Call 703-276-3100.
The 2017 Seminar on Reinsurance will be held Monday, June 5 and Tuesday, June 6 at the The Fairmont Washington, DC. The registration fee includes a welcome reception on the eve of the seminar, a reception on Monday evening, continental breakfast, lunch, refreshment breaks both days, and seminar materials.
All fees will increase by $200 for registrations received on or after May 8, 2017.
https://www.casact.org/education/reinsure/2017/index.cfm?fa=registration
program guide link not working on CAS website
Reinsurance Planning Committee
Joint Program Committee for Reinsurance Seminars
Athula Alwis
Timothy Aman
Kimberly Barnett
Raju Bohra
Subhayu Bose
John Buchanan
David S. Cash
Lon Chang
Isaac Espinoza
Bruce Fell
John Ferrara
Joshua Fishman
Kevin Hilferty
Daniel Jaeger
Yi Jing
Aaron Koch
Trevor Leitch
Jennifer Middough
Joseph A. Milicia
Stephanie Rabin
Zilan Shen
Heidi Wang
Mark Westmoreland
Xingzhi Wu
Albert Zhou
The Fairmont Washington D.C.
2401 M Street, NW
Washington
District of Columbia, 20037
TEL + 1 202 429 2400
FAX + 202 457 5010
Hotel Overview
Welcome to a city that’s perpetually changing, yet timeless in its grandeur and elegance. And nowhere in the nation’s capital reflects this duality quite like Fairmont Washington, D.C., Georgetown. While you’re visiting, we invite you to experience our outstanding hospitality—and to enjoy our recent renovation, which has added a dazzling new ballroom and revitalized our lobby, bar and courtyard to embody the beauty of the region, from blossoming cherry trees to the striking grid pattern upon which D.C. is built.
Room Rate and Reservations
The room rate is $299.00 for single room, plus taxes, and reservations must be made prior to Thursday, May 4, 2017.
Reservations may be made online or via telephone:
- Online Reservations
- Phone Reservations: 202-429-2400 / 800-441-1414
Group Name: CAS Reinsurance Seminar
A limited number of rooms have been reserved for the evenings of Sunday, June 4; Monday, June 5.
While reservations must be made prior to Thursday, May 4, 2017, in order to receive the $299.00 rate, there is no guarantee that rooms will be available should you wait until this date. The CAS strongly suggests that you make your room reservations early to receive a room before the room block fills.
Important Information Regarding Official Reinsurance Seminar Hotel
The Casualty Actuarial Society is able to conduct high-quality seminars at desirable sites for a reasonable registration fee because a block of hotel rooms is reserved for meeting attendees. In exchange for filling the required number of sleeping rooms, the CAS is permitted to use the hotel's meeting space at no cost, thus keeping registration fees low. In addition, meeting attendees receive a reduced rate for their sleeping rooms over leisure travelers. We kindly request that all meeting attendees take advantage of the group rate and stay at the official Reinsurance Seminar property, the Fairmont Washington D.C.
Sponsorship Opportunities
Contact Katie Hettler at (703) 562-1722 or khettler@casact.org, for details on becoming a sponsor at the event.
Download a copy of the 2017 Sponsor prospectus.
Luncheon Sponsor, Giveaway Item Sponsor, Advertiser
EY
EY is a recognized leader in providing insurance and actuarial advisory services to life, health, property and casualty insurers and reinsurers. Our dedicated team of professionals span many disciplines and offer a well-rounded understanding of business issues and opportunities for our clients. We deliver high quality, multi-disciplinary and creative business solutions to the industry. Learn more at http://www.ey.com/us/actuarial.
Tote Bag Sponsor, Give-Away Item Sponsor
Pryor Associates Executive Search
“It Takes One To Know One…An Actuary Placing Actuaries”
Named a top recruiting firm by Dun & Bradstreet, Pryor has 40 years of insurance (P&C, Health, Life, Pensions & Investments) experience.
Pauline Reimer, ASA, MAAA, has headed the Actuarial Placement Division since 1986, after working as an actuary in insurance and consulting firms. Proudly the CAS's first Platinum Partner, she is also on the SoA's Entrepreneurial Section Council, the Executive Board of ASNY, and the Advisory Boards of both Columbia University's MS in Actuarial Science program and New York University's BS in Actuarial Science program.
Quoted in periodicals and television, Pauline handles each step of every actuarial assignment personally—no client is ever relegated to just an Assistant. Her impressive placement records of 99% retention rate and 100% success ratio in retained searches confirm her status as one of the most successful actuarial recruiters worldwide.
Monday Reception Sponsor, Tuesday Breakfast Sponsor, Networking Break Sponsor
The CAS Institute
The CAS Institute (iCAS), a subsidiary of the Casualty Actuarial Society (CAS), is offering new technical specialist credentials based on specialized professional education for quantitative professionals.
These specialist credentials are not only for actuaries. These qualifications can be achieved any quantitative professional seeking recognition and educational opportunities in such practice areas as predictive analytics and data science, catastrophe modeling, ORSA and capital modeling, and quantitative reinsurance analysis. Credential holders will be recognized for their enhanced skills and continuing education achievements, set themselves apart from other professionals, secure additional job responsibilities, and attract premium compensation or advance their careers in other ways.
The CAS is partnering with The Institutes, a leading provider in professional education for insurance and risk management, to ensure that the iCAS credentials meet the highest qualifications standards for professional education. Later this year, the CAS Institute plans to announce the full requirements for its first credential and will begin offering its first online course.
Giveaway Item Sponsor
Carrier Management
Carrier Management serves the information needs of p/c insurance company boards of directors and C-suite officers. It is a dedicated magazine, website, and newsletter in the style of Harvard Business Review. It features how-to articles from p/c industry experts, executive interviews, and insights on insurance leadership and management. Become a member at www.carriermanagement.com/signup
Overview
Casualty Actuaries in Reinsurance, or CARe, was founded in 1988 by a group of reinsurance actuaries who saw the need for a forum to discuss their common practical issues and to foster reinsurance research and education. CARe was later organized as a special interest section of the CAS.
CARe is guided by the Senior Actuaries Group, which is composed of chief actuaries active with reinsurance firms. The Senior Actuaries Group meets during each CARe meeting to advise the two CAS committees primarily involved in reinsurance practice. CARe also conducts its annual business session during this meeting and elects new officers at that time.
Format
The seminar will consist of two general sessions as well as concurrent break-out sessions. Many of the breakout sessions will be offered twice to allow for smaller audiences and to keep scheduling flexible.
Contact Information
- For more information on Reinsurance Seminar educational content, please contact CAS Manager of Professional Education, Vincent Edwards at vedwards@casact.org.
- For more information on attendee registration, please e-mail arc@casact.org.
- For more information on the Reinsurance Seminar other than registration or content issues, please e-mail meetings@casact.org.
- For more information on other CAS opportunities, or for more information regarding administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or by email.
program link on cas website not working
General Sessions
General Session 1: Public Sector Involvement in Insurance Markets: The Government as Risk-Taker
Federal and state governments are directly involved in a number of property and casualty insurance markets as risk-takers. Whether as a backstop, insurer of last resort, or the primary provider of coverage, the government generally fills gaps created when the private market cannot meet the full demand for insurance protection.
As a result, the government insures risk in a number of markets (including flood, terrorism, and other catastrophe risks) that are potential areas for private sector expansion, particularly in a soft market with excess capital. What challenges exist in trying to privatize government-held risk? More generally, what is the optimal role for the government in insurance markets? These questions and others will be addressed in the context of the current market environment and recent events, including the NFIP's decision to purchase private reinsurance coverage for the first time.
Moderator:
Aaron Koch, Consulting Actuary, Milliman, Inc.
Panelists:
Ben Collier, Assistant Professor, Temple University
Roy Wright, Deputy Associate Administrator for Insurance & Mitigation, FEMA
David Priebe, Vice Chairman, Guy Carpenter
General Session 2: US P&C Regulatory Outlook - Changes on the Horizon
The US insurance industry is facing multiple regulatory influences at the State, Federal, and International level. These changes will have a significant effect on how (re)insurance is transacted and impact the financial framework companies operate within. Several intersecting policy topics are being debated that will affect the balance of Federal versus State regulatory authority. The conversation includes the impact of international regulatory regimes, the evaluation of company solvency and group supervision, credit for reinsurance and requirements for collateral, and accounting frameworks and tax policy.
This session will bring together regulatory experts from the State and Federal levels as well as speakers familiar with US insurance companies as well as the global reinsurance market. Specific topics to be discussed are the US-EU “Covered Agreement,” Solvency II impact for the US, State level reduced collateral initiatives, changes to solvency regulation, and potential changes to corporate and border taxes.
Moderator:
Raju Bohra, Executive Vice President, Willis Towers Watson
Panelists:
Michael Consedine, Chief Executive Officer, National Association of Insurance Commissioners
Thomas Sullivan, Associate Director, Federal Reserve Board
Tracey Laws, Senior Vice President and General Counsel, Reinsurance Association of America
program link on cas website not working
https://www.casact.org/education/reinsure/2017/index.cfm?fa=schedule
