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CAS November 2004 Reinsurance Panel

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CAS November 2004 Reinsurance Panel. Hot Topics since We Started Planning This Panel. 4 Hurricanes hit Florida Harbinger of things to come? Big reserve changes by some casualty reinsurers Tip of the iceberg? Brokerage controversy New regulation for insurance industry? - PowerPoint PPT Presentation

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Page 1: CAS November 2004 Reinsurance Panel

CAS November 2004Reinsurance Panel

Page 2: CAS November 2004 Reinsurance Panel

Guy Carpenter 2

Hot Topics since We Started Planning This Panel

4 Hurricanes hit Florida

Harbinger of things to come?

Big reserve changes by some casualty reinsurers

Tip of the iceberg?

Brokerage controversy

New regulation for insurance industry?

Finite reinsurance ended

Actuaries quoted “This isn’t reinsurance.”

Page 3: CAS November 2004 Reinsurance Panel

Guy Carpenter 3

All Examples of 3a Risk

Having your company end up on page 3a of the Wall Street Journal

Page 4: CAS November 2004 Reinsurance Panel

Guy Carpenter 4

My Favorite Headline of the Week

Page 5: CAS November 2004 Reinsurance Panel

Guy Carpenter 5

So What’s Our Focus?

Lots happening in reinsurance

We’ll start with a discussion of the role of actuaries

What’s right and wrong about what actuaries are doing in the industry

Implications for training and research