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)



DOCUMENT TYPES: PPT PDF DOC PRESENTATIONS AVAILABLE: 13

8:00
Registration Desk Opens and Continental Breakfast Served
9:00
Co-Chairs' Opening Remarks
Mr. Jeff Kayl
Vice President
Everest Global Services Inc.
Jeffrey S. Burman
Deputy General Counsel
AIG
9:15
Regulatory Roundup: How NAIC and State Initiatives‚ New Collateralization Developments and More Are Changing Reinsurance Agreements
Mr. Robert H. Easton
Deputy Superintendent and General Counsel
New York State Department of Insurance
2 files
Regulatory Roundup: How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
758 KB 47 pages Presentation
PPT - Regulatory Roundup:  How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
NEW YORK STATE INSURANCE DEPARTMENT PROPOSED TENTH AMENDMENT TO REGULATION NO. 20 (11 NYCRR 125) CREDIT FOR REINSURANCE FROM UNAUTHORIZED INSURERS I, Eric
61.1 KB 20 pages White Paper
PDF - NEW YORK STATE INSURANCE DEPARTMENT PROPOSED TENTH AMENDMENT TO REGULATION NO. 20 (11 NYCRR 125) CREDIT FOR REINSURANCE FROM UNAUTHORIZED INSURERS I, Eric
Mr. Gordon J. Calhoun
Partner
Lewis‚ Brisbois‚ Bisgaard & Smith LLP
1 file
Regulatory Roundup: How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
758 KB 47 pages Presentation
PPT - Regulatory Roundup:  How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
Mr. John P. Mulhern
Partner
Dewey & LeBoeuf LLP
2 files
Regulatory Roundup: How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
758 KB 47 pages Presentation
PPT - Regulatory Roundup:  How NAIC and State Initiatives, New Collateralization Developments and More Are Changing Reinsurance Agreements
Reinsurance (E) Task Force Members, Interested Regulators and Interested Parties
62.2 KB 5 pages Presentation
PDF - Reinsurance (E) Task Force Members, Interested Regulators and Interested Parties
10:15
Coffee Break
10:30
Catastrophe Bonds‚ Sidecars and ILWs: Negotiating and Drafting Effective Alternative Reinsurance Structures
Myra E. Lobel
Managing Director
Guy Carpenter & Company, LLC
2 files
Special Termination Clause Considerations
360.5 KB 30 pages Presentation
PPT - Special Termination Clause Considerations
Industry Loss Warranty, Catastrophe Bonds, Sidecars:
361.5 KB 29 pages Presentation
PPT - Industry Loss Warranty, Catastrophe Bonds, Sidecars:
Mr. Stephen G. Rooney
Partner
Dewey & LeBoeuf LLP
1 file
Catastrophe Bonds and Sidecars
1.3 MB 19 pages Presentation
PPT - Catastrophe Bonds and Sidecars
11:30
Strategies For Special Termination and Special Funding Clauses For Ceding Companies and Reinsurers
Myra E. Lobel
Managing Director
Guy Carpenter & Company, LLC
12:45
Networking Luncheon for Delegates and Speakers
14:00
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
1 file
Negotiating Reinsurance Agreements to Achieve Contract Certainty in the Wake of New Regulatory Developments
444 KB 16 pages Presentation
PPT - Negotiating Reinsurance Agreementsto Achieve Contract Certainty in theWake of New Regulatory Developments
Stephen W. Schwab
Partner
DLA Piper
2 files
Negotiating Reinsurance Agreements to Achieve Contract Certainty in the Wake of New Regulatory Developments
444 KB 16 pages Presentation
PPT - Negotiating Reinsurance Agreementsto Achieve Contract Certainty in theWake of New Regulatory Developments
Reinsurance (E) Task Force Activities
221 KB 9 pages Presentation
DOC - Reinsurance (E) Task Force Activities
15:00
Afternoon Refreshment Break
15:15
Protecting Your Company in the Event of Insolvency or Run-Off
Francine L. Semaya
Legal and Insurance Regulatory Consultant
Francine L. Semaya, Esq.
16:15
Nailing Down the Agreement: Best Practices for Setting the Scope‚ Identifying the Parties‚ Pricing Terms‚ and Negotiating and Drafting Other Key Issues
Ms. Wendy Taylor
Vice President and Associate General Counsel
Chubb & Son
1 file
Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
406.5 KB 40 pages Presentation
PPT - Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
Mr. Steve Mestman
CEO
October Mountain Consulting
1 file
Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
406.5 KB 40 pages Presentation
PPT - Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
Mr. Lawrence Johnsen‚ Esq.‚ CPCU‚ ARe
Presdient and CEO
Johnsen Re-Solutions LLC
1 file
Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
406.5 KB 40 pages Presentation
PPT - Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
Mr. Jeff Kayl
Vice President
Everest Global Services Inc.
1 file
Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
406.5 KB 40 pages Presentation
PPT - Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
17:15
Day One Concludes
8:00
Continental Breakfast
9:00
Chairs' Opening Remarks
9:15
Nailing Down the Agreement‚ Part II: Clauses That Are Increasingly Appearing in Reinsurance Contracts Due to Market Changes and Volatility - and Their Impact
Jeffrey S. Burman
Deputy General Counsel
AIG
1 file
Nailing Down the Agreement, Part II: Clauses That Are Increasingly Appearing in Reinsurance Contracts Due to Market Changes and Volatility – and Their Impact
423 KB 20 pages Presentation
PPT - Nailing Down the Agreement, Part II: Clauses That Are Increasingly Appearing in Reinsurance Contracts Due to Market Changes and Volatility – and Their Impact
Mr. Brooks White
Vice President
Zurich North America
1 file
Nailing Down the Agreement, Part II: Clauses That Are Increasingly Appearing in Reinsurance Contracts Due to Market Changes and Volatility – and Their Impact
423 KB 20 pages Presentation
PPT - Nailing Down the Agreement, Part II: Clauses That Are Increasingly Appearing in Reinsurance Contracts Due to Market Changes and Volatility – and Their Impact
Mr. Lawrence Johnsen‚ Esq.‚ CPCU‚ ARe
Presdient and CEO
Johnsen Re-Solutions LLC
1 file
Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
406.5 KB 40 pages Presentation
PPT - Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
Mr. Jeff Kayl
Vice President
Everest Global Services Inc.
1 file
Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
406.5 KB 40 pages Presentation
PPT - Nailing Down the Agreement: Best Practices for Setting the Scope, Identifying the Parties, Pricing Terms, and Negotiating and Drafting Other Key Issues
10:15
Coffee Break
10:30
Using Arbitration/Dispute Resolution Clauses That Anticipate Disputes - and Facilitate Resolutions Later
Ms. Rhonda L. Rittenberg
Senior Vice President and Senior Reinsurance Officer
Lexington Insurance Company
1 file
REINSURANCE AGREEMENTS
182 KB 20 pages Presentation
PPT - REINSURANCE AGREEMENTS
Mr. Ronald J. Theleen
Senior Vice President and Associate General Counsel
Endurance Re
1 file
REINSURANCE AGREEMENTS
182 KB 20 pages Presentation
PPT - REINSURANCE AGREEMENTS
James Veach
Partner
Mound Cotton Wollan & Greengrass
2 files
REINSURANCE AGREEMENTS
182 KB 20 pages Presentation
PPT - REINSURANCE AGREEMENTS
CONFIRMING OTHERWISE CONFIDENTIAL ARBITRATION AWARDS IN "OPEN COURT" (Part II): NEW CASES, NEW RULES, AND THE ELECTRONIC DOCKET MAKE IT TOUGHER TO SEAL
90.5 KB 16 pages White Paper
DOC - CONFIRMING OTHERWISE CONFIDENTIAL ARBITRATION AWARDS IN
11:30
Access That Works for Both Sides: Essential Considerations Regarding Records‚ Confidentiality Clauses and Privilege
Ms. Deborah Giss Stalker
Associate General Counsel
ACE Group
1 file
Access to Records – Hot Topics
947 KB 13 pages Presentation
PPT - Access to Records – Hot Topics
Mr. Claudio A. Ronzitti‚ Jr.
Contracts Counsel
ACE Tempest Re USA‚ LLC
1 file
Access to Records – Hot Topics
947 KB 13 pages Presentation
PPT - Access to Records – Hot Topics
12:30
Q&A Wrap-Up and Conference Concludes