The Second National Forum on

Reinsurance Agreements

Creating Profitable and Secure Business Arrangements

Monday, February 27, 2006

About

Are your reinsurance agreements providing certainty, security - and profitability?

In an industry with a longstanding reputation for informality and collegiality, disputes between cedents and reinsurers were often avoided in the interest of preserving long-term relationships. But industry practices have changed. It is no longer enough to sign a short placement slip and assume that potential problems will be ironed out down the road. Companies need to minimize the possibility of getting entangled in a protracted and expensive disagreement by developing clear and thorough reinsurance agreements, and the new requirement for contract certainty means the window of opportunity to achieve your goals has been reduced.

To guide you through this new environment - where the terms and conditions of an agreement can be of greater consequence than the price - American Conference Institute has developed the Reinsurance Agreements publication. An outstanding faculty of industry leaders will provide you with the most current strategies for creating contracts that will secure profitable and stable business arrangements for your company. Get practical guidance on:

  • Which clauses need to receive special scrutiny before finalizing the agreement
  • Getting a competitive advantage through your dispute resolution clause
  • Structuring security requirements that will not endanger your financial stability
  • Designing special termination and funding clauses that protect your interests
  • What contract wording you should be reviewing in the aftermath of Katrina
  • Ensuring your agreements take new regulatory developments into consideration

Contents & Contributors

About

Are your reinsurance agreements providing certainty, security - and profitability?

In an industry with a longstanding reputation for informality and collegiality, disputes between cedents and reinsurers were often avoided in the interest of preserving long-term relationships. But industry practices have changed. It is no longer enough to sign a short placement slip and assume that potential problems will be ironed out down the road. Companies need to minimize the possibility of getting entangled in a protracted and expensive disagreement by developing clear and thorough reinsurance agreements, and the new requirement for contract certainty means the window of opportunity to achieve your goals has been reduced.

To guide you through this new environment - where the terms and conditions of an agreement can be of greater consequence than the price - American Conference Institute has developed the Reinsurance Agreements publication. An outstanding faculty of industry leaders will provide you with the most current strategies for creating contracts that will secure profitable and stable business arrangements for your company. Get practical guidance on:

  • Which clauses need to receive special scrutiny before finalizing the agreement
  • Getting a competitive advantage through your dispute resolution clause
  • Structuring security requirements that will not endanger your financial stability
  • Designing special termination and funding clauses that protect your interests
  • What contract wording you should be reviewing in the aftermath of Katrina
  • Ensuring your agreements take new regulatory developments into consideration

Contents & Contributors


NEGOTIATING REINSURANCE AGREEMENTS TO ACHIEVE "CONTRACT CERTAINTY"
Peter W. Ambler, Towers Perrin Claytons

LIMITING THE WHO, WHAT, WHEN & WHERE: CRITICAL TERMS ESTABLISHING THE PARTIES, SUBJECT AND TIMING OF COVERAGE
Marnie Hunt, Benfield Inc.

LIMITING THE WHO, WHAT, WHEN & WHERE: CRITICAL TERMS ESTABLISHING THE PARTIES, SUBJECT AND TIMING OF COVERAGE
Joseph L. Pulvirenti, Partner Reinsurance Company of the U.S.

LIMITING THE WHO, WHAT, WHEN & WHERE: CRITICAL TERMS ESTABLISHING THE PARTIES, SUBJECT AND TIMING OF COVERAGE
Rajiv Raval, Lovells

MAXIMIZING YOUR FINANCIAL POSITION: CREDIT FOR REINSURANCE AND REINSURANCE SECURITY
Edgar W. Phoebus, Shand Morahan & Co., Inc.

REINSURANCE SECURITY: METHODS OF COLLATERALIZATION AND FUNDING
James R. Dwyer, LeBoeuf, Lamb, Greene & MacRae LLP

EXCESS, SURPLUS LINES AND REINSURANCE COMMITTEE
Stephen W. Schwab, DLA Piper Rudnick Gray Cary

ALTERNATIVES FOR RESOLVING DISPUTES
Kevin Helewa, Everest Re
Rhonda Rittenberg, Lexington Ins. Co.
Maxine Verne, SCOR Re (US)
Steven W. Schwab, DLA

REINSURANCE ISSUES ARISING FROM KATRINA
Myra Lobel, Guy Carpenter & Company

THE USE AND ABUSE OF ACCESS TO RECORDS CLAUSES
Lloyd A. Gura, Mound Cotton Wollan & Greengrass

PROTECTING YOUR COMPANY IN THE EVENT OF INSOLVENCY OR RUN-OFF
Richard M. Shaw, Towers Perrin Reinsurance



DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0