REINSURANCE AGREEMENTS

Thursday, April 30, 2009

About

As reinsurance firms increasingly find themselves awash in claims, there is a new focus on creating reinsurance agreements that offer maximum protection, predictability and certainty to all parties involved. Agreements are becoming much more comprehensive, clarified and detailed and issues that were not well addressed in the past are now increasingly being spelled out in the contract. In addition, changes to collateralization requirements and concerns about insurance company solvency, as well as alternative reinsurance arrangements arising after catastrophic events like Katrina, are changing the reinsurance landscape – and this is reflected increasingly in how the agreements are constructed and drafted. The conference is designed to provide guidance to all parties with a stake in creating a solid reinsurance agreement.

American Conference Institute’s Fifth National Forum on Reinsurance Agreements is specifically tailored to provide you with the knowledge, strategies, and expert advice that you need to:

*Prepare agreements to account for changing collateral requirements
*Achieve specificity and contract certainty with the correct use of key terms and provisions
* Craft special termination and commutation provisions that protect corporate interests
*Secure comprehensive access to records clauses while maintaining confidentiality
*Obtain beneficial dispute resolution and arbitration provisions that avoid costs and complications down the road

Contents & Contributors

About

As reinsurance firms increasingly find themselves awash in claims, there is a new focus on creating reinsurance agreements that offer maximum protection, predictability and certainty to all parties involved. Agreements are becoming much more comprehensive, clarified and detailed and issues that were not well addressed in the past are now increasingly being spelled out in the contract. In addition, changes to collateralization requirements and concerns about insurance company solvency, as well as alternative reinsurance arrangements arising after catastrophic events like Katrina, are changing the reinsurance landscape – and this is reflected increasingly in how the agreements are constructed and drafted. The conference is designed to provide guidance to all parties with a stake in creating a solid reinsurance agreement.

American Conference Institute’s Fifth National Forum on Reinsurance Agreements is specifically tailored to provide you with the knowledge, strategies, and expert advice that you need to:

*Prepare agreements to account for changing collateral requirements
*Achieve specificity and contract certainty with the correct use of key terms and provisions
* Craft special termination and commutation provisions that protect corporate interests
*Secure comprehensive access to records clauses while maintaining confidentiality
*Obtain beneficial dispute resolution and arbitration provisions that avoid costs and complications down the road

Contents & Contributors

Regulatory Roundup: How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
Robert H. Easton, Deputy Superintendent and General Counsel, New York State Department of Insurance (New York, NY)
Gordon J. Calhoun, Partner, Lewis, Brisbois, Bisgaard & Smith LLP (Los Angeles, CA)
Moderator:
John P. Mulhern, Partner, Dewey & LeBoeuf LLP (New York, NY)

Catastrophe Bonds, Sidecars and ILWs: Negotiating and Drafting Effective Alternative Reinsurance Structures
Myra E. Lobel, Managing Director, Guy Carpenter & Company, Inc. (New York, NY)
Stephen G. Rooney, Partner, Dewey & LeBoeuf LLP (New York, NY)

Strategies For Special Termination and Special Funding Clauses For Ceding Companies and Reinsurers
Myra E. Lobel, Managing Director, Guy Carpenter & Company, Inc. (New York, NY)

Negotiating Reinsurance Agreements to Achieve Contract Certainty in the Wake of New Regulatory Developments
Edward J. Kelley, Vice President and Assistant General Counsel, Transatlantic Reinsurance Company (New York, NY)
Stephen W. Schwab, Partner, DLA Piper (Chicago, IL)

Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues

Wendy Taylor, Vice President and Associate General Counsel, Chubb & Son, a Division of Federal Insurance Company (Warren, NJ)
Steve Mestman, CEO, October Mountain Consulting, Former EVP, Everest Re (West Orange, NJ)
Lawrence Johnsen, Esq., CPCU, ARe, President & CEO, Johnsen Re-Solutions LLC (Middletown, NJ)
Modertor:
Jeff Kayl, Esq., Vice President, Everest Global Services, Inc. (Liberty Corners, NJ)

Using Arbitration/Dispute Resolution Clauses That Anticipate Disputes – and Facilitate Resolutions Later
Rhonda L. Rittenberg, Senior Vice-President and Senior Reinsurance Officer, Lexington Insurance Company (Boston, MA)
Ronald J. Theleen, Senior Vice President & Associate General Counsel, Endurance Reinsurance Corporation of America (White Plains, NY)
James Veach, Mound Cotton (New York, NY)

Access That Works for Both Sides: Essential Considerations Regarding Records, Confidentiality Clauses and Privilege

Deborah Giss Stalker, Associate General Counsel, Global Reinsurance ACE Group (Philadelphia, PA)
Claudio A. Ronzitti, Jr., Contracts Counsel, ACE Tempest Re USA, LLC (Stamford, CT)