About
With companies looking for ways to increase liquidity, now
is the time to ensure that you are prepared to capitalize on the opportunities and overcome the obstacles presented by run-off and commutations
The subprime crisis and the credit crunch have companies scrambling to free up capital and reduce their exposure to risk. In the coming months, cedents and reinsurers will look to run-off and commutations as means of achieving these goals. Opportunities for informed and skilled run-off and commutation professionals will abound. However, those who are unprepared stand to lose big.
American Conference Institute’s 7th International Advanced Forum on Run-Off and Commutations will bring together an outstanding global speaker faculty of senior run-off and reinsurance executives, state regulators, and expert outside counsel who will give you the targeted guidance and strategies that you need to:
- Benefit from emerging run-off opportunities, such as D&O and E&O liability claims
- Overcome the hurdles involved with run-off management, whether conducted in-house or outsourced to a third party
- Obtain collections sooner rather than later
- Work effectively with both solvent and insolvent counterparties
- Assess and implement the various methods of attaining finality
- Properly account for IBNR claims in a commutation.
About
With companies looking for ways to increase liquidity, now
is the time to ensure that you are prepared to capitalize on the opportunities and overcome the obstacles presented by run-off and commutations
The subprime crisis and the credit crunch have companies scrambling to free up capital and reduce their exposure to risk. In the coming months, cedents and reinsurers will look to run-off and commutations as means of achieving these goals. Opportunities for informed and skilled run-off and commutation professionals will abound. However, those who are unprepared stand to lose big.
American Conference Institute’s 7th International Advanced Forum on Run-Off and Commutations will bring together an outstanding global speaker faculty of senior run-off and reinsurance executives, state regulators, and expert outside counsel who will give you the targeted guidance and strategies that you need to:
- Benefit from emerging run-off opportunities, such as D&O and E&O liability claims
- Overcome the hurdles involved with run-off management, whether conducted in-house or outsourced to a third party
- Obtain collections sooner rather than later
- Work effectively with both solvent and insolvent counterparties
- Assess and implement the various methods of attaining finality
- Properly account for IBNR claims in a commutation.
Contents & Contributors
Assessing the Impact of Declining Asset Values and the Credit Crunch on Run-Offs and Commutations
Paul Eddy, Chief Operating Officer, Travelers Special Services (Hartford, CT)
Steve Ryland, Executive Director, PRO Insurance Solutions Limited (London, UK)
Extracting Value from Run-Offs: Key Factors to Consider in Order to Increase Profitability
Standley Hoch, Chief Operating Officer and Chief Financial Officer, CIGNA Reinsurance (Hartford, CT)
Frank Kehrwald, Senior Vice President, Swiss Reinsurance America Holding Corporation (Overland Park, KS)
Identifying Emerging Run-Off Opportunities: Determining Which Policies or Lines of Business are Ripe for Run-Off and Charting the Best Course of Action
David Alberts, Partner, Lovells LLP (New York, NY)
James Veach, Partner, Mound Cotton Wollan & Greengrass (New York, NY)
UK and EU Regulatory Tools for Achieving Finality and Their Potential Use in the U.S. Run-Off Market
Klaus Kune, Vice President, Chief Coordinator Run Off Solutions, Hannover Re (Hannover, Germany)
Frank N. Ray, Managing Director and General Counsel, Providence Washington Insurance Solutions LLC (Providence, RI)
Innovative Approaches to Handling the Next Wave of Asbestos Claims
Sandra C. Santomenno, ACAS, MAAA, Senior Consultant, Towers Perrin (Philadelphia, PA)
Publication Details