1 / 5

How Far Should Reinsurers Influence Insurers? LUG Conference 3 - 5 September 2002

How Far Should Reinsurers Influence Insurers? LUG Conference 3 - 5 September 2002. John Hunter Casualty Treaty Underwriter Faraday Re. Market: Coercion to Dialogue. Effect of Competition Act & USA capital EXPONA 1 in 1986: imposition EL: Offshore in 1992, Unlimited in 1995: Dialogue

norina
Download Presentation

How Far Should Reinsurers Influence Insurers? LUG Conference 3 - 5 September 2002

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. How Far Should Reinsurers Influence Insurers?LUG Conference 3 - 5 September 2002 John Hunter Casualty Treaty Underwriter Faraday Re

  2. Market: Coercion to Dialogue Effect of Competition Act & USA capital EXPONA 1 in 1986: imposition EL: Offshore in 1992, Unlimited in 1995: Dialogue LGT 2000: failure Terrorism in 2001: fragmentation Constituency broadening: Consultation or Paralysis?

  3. Exposure Management • Judicial Vagary • Social Inflation • Volatility & Unlimited • Cumulative Business & Aggregation • Systemic Risk • Parameter Risk

  4. Details Do Matter! • Business Plans • Reinventing The Wheel • Claims Input & Advice • Policy Wordings • Reserving & IBN(E)R

  5. Relationship or Transaction? • Control Freaks v Free Spirits • Sleeping Doormat or Involved Partner? • Seat at the Table • Two-way Incentive Plan • What Do You Want From Us?

More Related