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 being 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 Series” of 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
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 AUDITS *
February 24, 2021 ♦ 12:00 pm – 1:00 pm
This seminar, presented by Lewis Paul, is geared to all levels of experience on conducting casualty underwriting audits of ceding companies. We will cover areas including pre-audit preparation, key areas of focus during the audit, and wrap up strategies. Your presenter 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.
ACTUARIAL PRINCIPLES FOR UNDERWRITERS & BROKERS*
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.
THE U.S. AND WORLD REINSURANCE MARKETS*
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.
MANAGEMENT AND PROFESSIONAL LIABILITY
Join us for an update on this important and growing line of business.
UPDATE ON COVID-19 AND ITS EFFECT ON THE RE/INSURANCE INDUSTRY
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 AUDITS*
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.
CAT MODELING FOR UNDERWRITERS & BROKERS*
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.
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.
Plus several meetings During 2021 of the Reinsurance Networking Group
Co-organized by the IRUA
IRUA’s Reinsurance Basic Syllabus Program
via Webinar &/or Lunch & Learn in Person Session
Dates & Descriptions to Follow
♦ 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 ♦
Educational Topic Sessions
♦ Parametric Triggers for Wind & Flood ♦
♦ Intellectual Property Exposure – Insurance Growth Opportunity ♦
♦ The Big Tort – When Emerging Products Liability Transforms into Nuclear Verdicts ♦
♦ Nat Cat in the Era of Climate Change ♦
♦ Divergent Strategies in Shifting Markets – Marine & Energy Specialty ♦
♦ Can Workers’ Comp Tailwinds Outpace Rate Headwinds? ♦
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:
Interested in Sponsoring an IRUA Event? Contact: Jerry Wallis at email@example.com