RAA launches new reinsurance education forum
The challenging re/insurance marketplace and the impact of prevailing market conditions on underwriting decisions will be the focus for a conference held in Bermuda in March.
ReUnderwriting Bermuda: An Education Forum for Underwriters, which is in its inaugural year, will be hosted by the Reinsurance Association of America (RAA), in conjunction with the Association of Bermuda Insurers and Reinsurers, the Bermuda Monetary Authority and the Bermuda Insurance Institute at the Fairmont Hamilton Princess from March 23 to 24, 2010.
Marsha Cohen, senior vice-president and director of reinsurance education at the RAA, said: "The Bermuda market is significant so there is obviously a need for reinsurance education opportunities. We've had enormous response to the programs we've held in Bermuda in the past, so it made perfect sense to return with another program this year."
The event is targeted at re/insurance underwriting professionals and will look at a number of issues including the market dynamics of reinsurance, analysing a reinsurance submission from an underwriter's perspective and what underwriters should know about financial issues. The programme also features a workshop on 'Lagging Net Results Insurance Company' - an interactive breakout session that asks attendees to step into the shoes of the CEO in order to improve the company's results.
Ed Noonan of Validus; Jerome Faure of Toa Millennium Re, James Few of Aspen Re and John Berger of Harbor Point will all participate on a panel to discuss industry issues, from cycle management, enterprise risk management and monitoring portfolio volatility to managing the changing habits of reinsurance buyers.
RenaissanceRe will again award scholarships to students selected by the Bermuda Foundation for Insurance Studies (BFIS) to attend the programme.
To learn more about the programe and to register, visit the RAA's website at www.reinsurance.org or contact Ann-Marie at 202-783-8385 or email Mwombelareinsurance.org