2024 EDUCATION EVENTS
Including IRUA’s Reinsurance Basic Syllabus Program
All being presented via zoom
(As of January 11, 2024 and Subject to Change)
In 2021, the IRUA introduced a “Basic Syllabus Program” aimed at those who have just entered or who have only a few years of experience in the industry. It is intended to be a “Reinsurance Primer Series” of twelve basic topics to be offered on a rolling 2 to 3- year cycle. The topics are marked with an asterisk* and are listed below in green.
A Certificate will be awarded to those participants who complete 10 DIFFERENT TOPICS of the 12 topics listed. And, we wish to congratulate our first two graduates who received their certificates in July.
JOINT EVENT WITH THE REINSURANCE UNDER40s GROUP: UPDATE ON CYBER
This is a first of its kind collaboration in New York City with the ReUnder40s Group and was held in-person at Munich Re’s New York office. A Cyber seminar featuring noted speakers was followed by a Happy Hour reception.
A WALL STREET VIEW OF THE INSURANCE/REINSURANCE INDUSTRY WEBINAR
Seth Bair, Managing Director and Head of the Insurance Investment Banking Group at Keefe, Bruyette & Woods will again be providing his excellent and insightful annual update of the financial/ investment markets view of our industry.
CAT MODELING FOR UNDERWRITERS & BROKERS*
In the first iteration of this topic, Guy Carpenter’s Susan Denike, Managing Director, and Sarah Maciorowski, Assistant Vice President, in North America Catastrophe Advisory, provided great information and make clear what the components, acronyms and key metrics mean and how data drives modeling results. They also addressed how different models – including emerging risks – can be interpreted and applied.
IRUA ANNUAL MEMBERS MEETING & CONFERENCE
APRIL 22 – 24
Seminole Hard Rock Hotel & Casino, Hollywood, Florida (New Location)
After several years on the beach, our Annual Conference moves a little inland to a new and exciting location. The Conference Committee is working hard on plenty of thought-provoking and informational technical sessions and panels as well as plenty of excellent networking opportunities at a great and major airport convenient location.
POLITICAL VIOLENCE – MAY 22
Political Violence varies widely in form, severity and practice. Protecting against the devastating effects of political violence, including strikes and terrorism, requires that businesses understand their insurance/reinsurance options. Alex Mican, Head of PCS Global Strategy and Growth at PCS, a Verisk business, will address the topic in detail.
CYBER UNDERWRITING UNMASKED*
This session will be an update to our 2022 session when Annamaria Landaverde, Munich Re US’s Cyber Practice Lead, Reinsurance Division and Rachel Rossini, AXA XL’s Product Manager-Cyber and Technology-U.S. explained the development of cyber exposure from how it is recognized today to its continuing and ongoing evolution. Current challenges facing insurers and reinsurers will be detailed along with possible market developments.
REINSURANCE ACCOUNTING FOR UNDERWRITERS & BROKERS *
U.S. Insurance and Reinsurance accounting is unique to the industry. In this original session, Shaya Altschuller, CPA, Arch Re’s Corporate Controller and Jeff Pantaliano, Assistant Controller-Reinsurance Accounting, explained the mechanics of insurance/reinsurance accounting including how and why Statutory Accounting Principles (SAP) – the Annual Statement- varies from Generally Accepted Accounting Principles (GAAP). The differences between facultative and treaty accounting will be explained and how proportional and non-proportional business is accounted for.
ALL ABOUT REINSURANCE CONTRACTS*
The types of reinsurance contracts – pro-rata and excess of loss – and the various articles which play important roles in the application of contracts to the insurance and reinsurance business are complex. In 2022, our presenters were Mark Reynolds, Holborn’s Senior Vice President and General Counsel, and who heads the Legal and Contracts Departments and Nichole Morrison, a Contract Advisor and Holborn Vice President.
CASUALTY UNDERWRITING FOR NON-CASUALTY PROFESSIONALS*
This webinar will present the underwriting process of casualty exposures to those who are new or relatively new to casualty underwriting. Others who should attend include reinsurance participants such as those in Accounting and Finance; Claims; Brokers or Property Underwriters. James Wilson, will once again cover the basic aspects of the non-professional casualty lines; the submission requirements; underwriting process and timeline from a Reinsurers perspective. Mr. Wilson is Senior Vice President/Senior Underwriter, Casualty at Partner Re US and has many years of valuable experience to share.
REINSURANCE CLAIMS AUDITS*
Our classic Reinsurance Audits session will again focus on practical and useful issues from a Reinsurer’s perspective. Frank DeMento, Esq. of Trans Re is an experienced industry professional for whom auditing is a significant part of his work and he will provide an up-to-the-minute expose of current practices.
Additional Webinars are Planned Including: Artificial Intelligence & Several Hot Property, Casualty & Claims Sessions
to Download IRUA’s Calendar of Upcoming Events
2023 EVENTS SUCCESSFULLY CONCLUDED
WALL STREET VIEW OF THE INSURANCE/REINSURANCE INDUSTRY – JANUARY
Seth Bair, Managing Director and Head of the Insurance Investment Banking Group at Keefe, Bruyette & Woods
REINSURANCE CASUALTY UNDERWRITING AUDITS* – MARCH
Joseph Carney, Owner of JEC Consulting, Inc.
IRUA ANNUAL MEMBERS MEETING & CONFERENCE – APRIL
Fort Lauderdale, Florida
Feedback was overwhelmingly positive from a record number of attendees!
ACTUARIAL PRINCIPLES FOR THE NON-ACTUARY* – MAY
Michael Schummer, ACAS MAAA, Senior VP and Casualty Team Lead at Munich Re America
REINSURANCE PROPERTY UNDERWRITING AUDITS* – JUNE
Christiane Gross, Senior VP & Property Underwriting Team Lead, Munich Re America & John Ferris, JC Ferris Advisors, Inc.
UPDATE ON SEXUAL ABUSE AND MOLESTATION CLAIMS – JUNE
Lloyd Gura, Esq., Mound Cotton Wollan & Greengrass LLP, Partner & Executive Committee Member
REINSURANCE STRUCTURES* – SEPTEMBER
Duane Hynes, Vice President, Holborn Corporation
REINSURANCE PROPERTY UNDERWRITING – THE BASICS* – SEPTEMBER
Christina Rutte, Property Treaty Underwriter, Munich Re in Munich, Germany and Matthew Doherty, Vice President and Property Treaty Underwriter, Partner Re US
THE U.S. AND WORLD REINSURANCE MARKETS* – OCTOBER
Donald Lilley, Consultant, BMS
FOREVER CHEMICALS AND PFAS – NOVEMBER
Frank DeMento J.D., Vice President and Head of the US Custom, Latin American and Caribbean Claims Units, Trans Re
SCHEDULE OF EVENTS ENDNOTES
Please note that this schedule is subject to change.
For more information about IRUA’s planned events, or to register, visit the specific page on our website at: www.irua.org
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