IRUA 2021 – 2022 CALENDAR OF EVENTS

December 28th, 2020

Due to COVID-19, we have cancelled our April 2021 Annual Conference and have rescheduled it for April 25 – 27, 2022.  An expanded number of virtual events during 2021 are planned.


IRUA’s Reinsurance Basic Syllabus Program

For 2021, the IRUA has introduced its new “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 Seriesof twelve basic topics to be offered on a rolling 2-year cycle. The first 6 topics are marked with an asterisk* A Certificate will be awarded to those participants who complete 10 out of 12 topics listed. 


2021 Preliminary Events Schedule
Topics without specific dates are subject to change.

A WALL STREET VIEW OF THE INSURANCE/REINSURANCE INDUSTRY
January 26, 2021  ♦   4:00 pm – 5:00 pm
Back by popular demand! Seth Bair, Managing Director and Co-Head of the Insurance Investment Banking Group at Keefe, Bruyette & Woods will give an up-to-the-minute market view of our industry.

REINSURANCE CASUALTY UNDERWRITING AUDITS *
February 24, 2021 ♦ 12:00 pm – 1:00 pm
This seminar, presented by Lewis Paul, was geared to all levels of experience on conducting casualty underwriting audits of ceding companies.  Topics covered included pre-audit preparation, key areas of focus during the audit, and wrap up strategies.  Lewis Paul has 45 years of reinsurance underwriting and executive management experience; and managed the underwriting audit team at PartnerRe for 18 years before retiring at the end of 2020.  He is now acting as a consultant on reinsurance underwriting and providing underwriting auditing services.

REINSURANCE NETWORKING GROUP – WHY MEDIATION WORKS
March 18, 2021
Confronting a reinsurance industry that has not yet embraced mediation as a solution, mediator David W. Ichel will discuss with our group why mediation really works, how it works in his cases, how Zoom has transformed the world of mediation to an even better place, how to solve a mediation impasse and then open the floor for discussion as to why there has not been greater use of meditation in reinsurance disputes.

IRUA MEMBERS ANNUAL MEETING AND EDUCATIONAL SESSION 

April 13, 2021

Following the Annual Meeting, and Open to Members Only, the IRUA is holding a Reinsurance Brokers Panel discussion  – “A New Decade – A New Vision”.  IRUA Past President Arlene Kern of Munich Re will moderate a panel comprised of senior industry brokers: Jay Woods of Guy Carpenter, Lisa Borsuk of Aon and Jeff Irvan of BMS Group. This event is free to attendees.

MANAGEMENT AND PROFESSIONAL LIABILITY
May 12, 2021
Join us for an update on this important and growing line of business. IRUA Board member Danny Hojnowski and Senior VP of Trans Re will provide a general overview of these lines of businesses. This will be followed by an insight into Public and Private D&O market trends and update us on E&O trends with a highlight on Large Lawyers.

THE NEXT BIG TORT: SOCIAL INFLATION, EMERGING RISKS AND
NUCLEAR VERDICTS
May 26, 2021
Peter Dinunzio, Partner, Clyde & Co., will explain what are the next drivers of toxic tort litigation; underlying theories driving the plaintiff’s bar; known cases and their current status; and underwriting considerations for GL/Pollution/Environmental/Excess coverage forms.

COULD POLITICAL RISK BE THE NEXT SOURCE OF CAT LOSS INFLATION?
June 9, 2021
Catastrophe losses seem to be getting larger & more frequent. Thomas Johansmeyer, Head of PCS – a Verisk Company, will discuss the phenomenon that PCS has noted in recent years that political risk indicators have played a factor which has, and likely will, impact future insurer/reinsurer risk & capital management decisions.

PARAMETRIC TRIGGERS FOR WIND AND FLOOD
July, 2021
Experts from New Paradigm Underwriters, LLC will explain how parametric risk transfer can provide risk transfer for exposures that are historically difficult to impossible to insure. The art and science of parametric triggers has evolved over time to improve the robustness of the coverage and these products are rapidly moving from alternative risk to the mainstream.

UPDATE ON COVID-19 AND ITS EFFECT ON THE RE/INSURANCE INDUSTRY
TBA
We will discuss the latest developments on Covid-19 and how it is affecting the various lines of business
from a claims, coverage and underwriting perspective.

REINSURANCE PROPERTY UNDERWRITING AUDITS*
July 1, 2021 ♦ 12 Noon – 1:00 pm
This session will evaluate audit goals, audit types and how to prepare for and conduct an underwriting file audit. It will address what property underwriting topics you can review in the audit, how you can differentiate by portfolio and client and how you can address your findings.

 REINSURANCE STRUCTURES*
August, 2021
In this webinar, we will review the various forms of reinsurance, including net and gross quota share and surplus treaties in proportional reinsurance, and Risk XL, Cat XL and Agg XL treaties in non-proportional reinsurance. We will discuss why ceding companies buy these reinsurance structures as well as the differences between facultative and treaty.

THE U.S. AND WORLD REINSURANCE MARKETS*
TBA
Reinsurance is truly an international business and insurers and, therefore, business and personal consumers, are reliant on reinsurance as a capacity provider and stabilizing influence on financial well-being. Key worldwide markets are London, Bermuda, Europe, Asia and the USA. Hear how the markets relate to each other and how they and the U.S, in particular, are structured.

CAT MODELING FOR UNDERWRITERS & BROKERS*
September, 2021
Cat modeling is part of all broker’s or underwriter’s work but what does it all mean?  See and hear what the components, acronyms and key metrics mean and how data drives modeling results.  Hear about different models, their output, and how they can be interpreted and applied.

ACTUARIAL PRINCIPLES FOR UNDERWRITERS & BROKERS*
October, 2021
How do pricing tools really work? Exposure rating v. experience rating? Credibility theory, practice & judgement? This session will review the key ideas behind the methods and also explore some of the differences in how they are used for differing lines of business, attachment points and structures.

Note:  Meetings of the Reinsurance Networking Group is Co-organized by the IRUA

 


2022 Preliminary Events Schedule

IRUA’s Reinsurance Basic Syllabus Program

Dates & Descriptions to Follow
via Webinar &/or Lunch & Learn in Person Sessions

Introduction to Reinsurance Property Underwriting for Non-Property Professionals ♦  ♦ Casualty Underwriting for Non-Casualty Professionals
♦  Reinsurance Contracts
 ♦ Reinsurance Accounting for Underwriters &  Brokers
Reinsurance Claims Audits


Conference Educational Topic Sessions

Intellectual Property Exposure – Insurance Growth Opportunity
Nat Cat in the Era of Climate Change
Divergent Strategies in Shifting Markets – Marine & Energy Specialty
Can Workers’ Comp Tailwinds Outpace Rate Headwinds?


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to Download a full copy of IRUA’s Calendar of Upcoming Events. 


SCHEDULE OF EVENTS ENDNOTES

 Please note that this schedule is subject to change. For more information about IRUA’s events, or to register, visit the IRUA website at:
www.irua.org

  Interested in Sponsoring an IRUA Event?  Contact: Jerry Wallis at jwallis@irua.org