CS6: Equity & Inclusion: Advancing diverse teams from mid-level to management and beyond
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Mallika Bender
Panelists:
Gloria Asare, FCAS, Elizabeth Owen, David Terne, Mallika Bender
CS5: Cyber Market - Where do we go from here?
The Cyber insurance market had enjoyed unhindered growth and profitability for much of the last decade. In the last 18-24 months we have seen a material shift in threat actor activity resulting in increasing losses, concerns around the rating environment and the ability to assess the true exposure in cyber risk; the result is a rapidly hardening market. The panel dives into some of these challenges the cyber market is battling and also what we can expect to come in the near future.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Alex Podmore
Panelists:
Norman Niami, Brad Gow, Annamaria Landaverde, Alexander Podmore
CS4: Crop Insurance Modeling and Market Overview
This session will provide an overview of the US crop insurance sector and updates on the key international markets of India and China. The discussion of the US crop market will include the following: an overview of the main multiperil crop insurance product (MPCI), a summary of key supporting products such as crop hail, market experience for recent years, and the additional challenges faced by reinsurers trying to write this line of business profitably. In addition, one of the panelists has been pioneer in the modeling of this exposure; he will discuss various approaches to the modelling of crop insurance and the challenges with each. Finally, that panelist will provide an update regarding recent developments in the crop insurance markets in China and India.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Jeff Dollinger
Panelists:
Jim Konstanty, Avery Cook
CS3: Climate Change: Data, Litigation, and Risk Management Perspective for (Re)insurers
The session takes a comprehensive look at the issue of climate change and will help in understanding the impacts on (re)insurance industry, with emphasis on Commercial general liability, D&O, and property lines of business. It covers the science behind Climate Change, understanding relevant data, damages, and associated costs of Climate Change, and reinsurance market reactions to Climate Change.
The session will help participants design better risk management strategies and understand one of the most disruptive risks in the future.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Justin Levine
Panelists:
Harsh Jaitak, Chelsea Adler
CS28: Workers Compensation - Market Update
This session will provide a current view of the US workers compensation market from three perspectives - a primary writer, a reinsurer, and a rating bureau. The session will include highlights from the NCCI's Annual Issues Symposium, discussion of recent developments related to COVID-19, and recent analysis of excess loss development for workers compensation.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Trevor Leitch
Panelists:
Bryan Ware, Lisa Walsh, Brett King
CS27: We're not in Kansas anymore, Dorothy! Midwest Derechos / Thunderstorms
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Kelly Hereid
Panelists:
Kelly Hereid, Juergen Grieser, Cagdas Kafali, David Smith, David Hamilton
CS26: Transactional Liability
Transactional Liability insurance is a maturing line of business, having experienced worldwide growth in recent years. This session will provide an overview of the transactional liability marketplace and products that comprise the segment. We will discuss the fundamentals of reps and warranties insurance, the claims process, industry loss experience, and the current issues facing the line of business from an underwriter, claims and reinsurance point of view.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Chenyan Hannah Huang
Panelists:
Ricardo Ramotar, Nicholas DeMartini, Daniel Doebele
CS25: The COVID Year: Key Pandemic Topics for 2021 and Beyond
COVID 19 and the pandemic has been a major issue for both the insurance and reinsurance industry. Lines of business have been impacted both positively and negatively from the deadly impact of the virus, the lack of economic activity and the stay at home activities of the world. Many lines of insurance were directly impacted by the effects of the pandemic including lines such as credit, mortgage, business interruption and first responders workers compensation to name a few. The impacts have been unique in the United States as well as the London Market. This panel will provide perspective for the reinsurance market from both a US and London Market viewpoint.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
John Buchanan
Panelists:
Alex Twose, Christopher Bozman
CS24: The Cost of Goods Sold: Determining the Cost of Capital for Insurance Risk by Line
This session will explain how to load loss costs for risk. It will compare traditional methods (constant ROE, endless debate about allocation) with distortion, or spectral, risk measure approaches (variable cost of capital, but unique allocation). It will apply the theory to a notional portfolio. It will highlight that diversification, relative tail thickness by line, and limited liability interact in subtle ways to produce the final answer.
Distortion methods will be shown to correspond directly to differential costs of capital across a realistic capital structure. The theory will be applied to reinsurance purchasing strategy and retention setting.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Andy Feng
Panelists:
Stephen Mildenhall, John Major
CS23: Telematics and Distracted Driving
This session will address the possibilities that telematics brings, including how it can help address the problem of distracted driving.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Rebecca Bredehoeft
Panelists:
Rebecca Bredehoeft, Ryan McMahon, Kyle Schmitt, Geoffrey Werner
CS22: Social Inflation
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Tim McCarthy
Panelists:
Tim McCarthy, Dana Franzetti, William Wilt, Albert Mayer
CS21: Reserve Risk Solutions (LPT/ADCs)
Insurance companies are increasingly looking for reinsurance solutions to transfer legacy/runoff exposures, address reserve uncertainty, and manage reserve risk capital requirements. In recent years, the LPT/ADC market has been increasingly active, supported by a growing legacy specialist reinsurer capital base as well as several new entrants. This session will provide an overview of the current state of the structured reinsurance market, general characteristics of structured deals, and case study examples of recent transactions. We will also focus on client considerations and motivations.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Raj Bohra
Panelists:
Gabriel Ware, Kenneth Kruger
CS20: Public Entities and the Reinsurance Market
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Christopher McKenna
Panelists:
Heather Burgess, Dubravka Romano, Brent Wells
CS2: Black Swans on the High Seas - Challenges and Opportunities in the Marine Market
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Matt Schmitt
Panelists:
Sean Dalton, Brian Stroop
CS19: Modeling Professionalism
Following an introduction to ASOP 56 (Modeling) with a nod to ASOP 38 (Catastrophe Modeling), participants will apply their understanding of the ASOPs to a realistic case study. Participants will also use their cell phones to participate in a real-time quiz! The quiz and case study will provide you with a better understanding of professional obligations around modeling and how to apply the ASOPs and code of conduct when you face your own professional dilemmas. This session will qualify for Continuing Education in the area of Professionalism.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Christian Hauprich
Panelists:
Esther Becker, Todd Hess
CS18: Professionalism Trivia: Greatest Hits
During this session by the Committee on Professionalism Education, participants will use their cell phones to participate in a real-time Trivia game! This session will qualify for Continuing Education in the area of Professionalism, as many questions will relate to Actuarial Standards of Practice, the US Qualification Standards, and/or the Code of Conduct.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Christian Hauprich
Panelists:
Peter Royek, John Gleba
CS17: Mortgage Credit Risk Transfer (CRT) During a Pandemic
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Brian Mullen
Panelists:
Michael Schmitz, Jonathan Berenbom, Seamus Fearon
CS16: MGA/Fronting - A Perspective from the Field
The size and scope of the MGA market has been steadily growing. This is paralleled by the growth in the number of fronting carriers and the volume of business they are writing. This session will provide insight into the dynamics leading to the growth in this market and the challenges faced by these insurers. They tend to have significant reliance on reinsurance and these aspect of the market will be discussed as well.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Bruce Fell
Panelists:
Bruce Fell, James Mann, Matthew Grossberg, Michael Jameson
CS15: Latin America Market
This session will provide attendees with an introduction to the Latin America Insurance and Reinsurance market. The speakers will outline the market characteristics, provide an overview of analytics in the region and then speak to the future of the market.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Tracy Valentine
Panelists:
Camilo Gonzalez Guevara, Duare Perez Alonso, Sergio Gomez
CS14: Insurtech
Insurtech is a fast-growing and highly talked about segment in the insurance market. This session will cover all things insurtech including how they are defined, what they are addressing, and recent transactions.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
David Wright
Panelists:
Chris Downer, David Wright, Andrew Johnston
CS13: IFRS 17
This session will provide a brief overview of the key concepts of IFRS 17 and then focus on the key challenges in the regards to the measurement and reporting of reinsurance contracts.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Derek Jones
Panelists:
Ernest Wilson, Lela Patrik
CS12: Growth in the Private Flood Market
The private flood market was nearly nonexistent only a few years ago. However, the growth in highly detailed modeling tools opened a whole new market. The ability to differentiate the flood exposure potential of one property relative to the one next door, across the entire country, makes it possible to develop very detailed pricing systems to reflect exposure to flood. Since the historical take-up rate with for flood insurance has been relatively low, and a significant protection gap exists in the market. Can the private market step in to fill that gap? This session will focus on a discussion on the current state of the private flood market; specifically on the solutions available to the property owners and the tools available to carriers that can address the high protection gap that exists and thus the resilience of communities after a flood event.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Chris Sykes
Panelists:
David Evans, Matt Junge, Raghuveer Vinukollu, Christopher Sykes
CS11: Getting it filled: Placements, Panels, Partnerships, Problems - Ceded Re Officers Tell-All
This session will include insight from senior professionals on the (re)insurance market, issues and lessons learned from designing an effective reinsurance strategy including the placement process.
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Milena Ospalik
Panelists:
Milena Ospalik, Isaac Espinoza, Mark Anderson, Kevin Hoban
CS10: Finding Waldo: Geospatial Solutions to Cat Risk
NEWSFLASH: A new risk has emerged that isn't modeled
NEWSFLASH: Company X writes more risk than it should have and has an outsized loss
NEWSFLASH: A massive event happens, but it's impossible to access the properties right now and every stakeholder wants to know how much loss does Company X
These newsflashes are more common than uncommon in the insurance industry today. One of the greatest types of technology to manage and understand our accumulation of catastrophic risk is Geospatial in nature. This panel will discuss ways in which geospatial technology can be used to answer these newsflashes
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Stephanie Rabin
Panelists:
Dan Zitelli, David Jowell
CS1: Adult Learning? Brain Rules? Whaaaa?
An extension of the prior Brain Rules sessions, this interactive session will explore how to apply brain rules and adult learning theory to get more results out of your meetings.
Bring your questions and success stories! We want to hear!
Source:
2021 Seminar on Reinsurance
Type:
Concurrent Session
Moderators:
Chris Hauprich
Panelists:
Stephanie Rabin