Navigating Risks in a Volatile World: The Role of Reinsurers

New York City, NY – Re/insurance Outlook USA 2024, an event exploring how re/insurers can consistently deliver growth and drive profit amid complex and challenging market conditions, is set to take place on May 2, 2024. Senior leaders from reinsurers, brokers, and cedants from across North America will attend the event, which will be held at 1166 Avenue of the Americas.

With the reinsurance industry facing increasingly complex market conditions including escalating social, economic, and geopolitical risks, the event will provide a platform for industry professionals to discuss and navigate an ongoing hard market in many lines of business. This will require innovative solutions and risk transfer strategies to achieve growth and steady profits.

The conference will focus on the lessons learned from the 1/1 renewals, expectations for the mid-year 6/1 and 7/1 renewals, and the challenges stemming from social inflation, legal system abuse, and nuclear verdicts. It will also address the gap in supply and demand in some lines of business.

In addition, the event will cover topics such as advancements in risk models, portfolio management in the context of climate change, and new and innovative risk transfer techniques that are changing the dynamic between reinsurers, brokers, and cedants.

Speakers will also discuss challenges affecting underwriting strategy and how capital is managed and allocated. With rates in many lines of business hardening and capacity becoming more selective, the event will explore how inflation, economic uncertainty, and new entrants are changing the landscape.

To address these challenges, reinsurers and their clients must embrace data, technology, and innovation to stay ahead of the competition. This event will inspire and inform delegates, helping them make better strategic decisions.

Featuring over 20 senior leaders from companies such as SCOR, General Re, AXA XL, Sompo International, Guy Carpenter, SiriusPoint, Everest Re, Markel, and Axis Capital, Re/insurance Outlook USA 2024 will examine the unique risks and opportunities reinsurance leaders must grapple with when making strategic decisions around underwriting and portfolio management.

Speakers and panellists will share their expertise on managing volatility and integrating alternative forms of capital, aligning broker interests, and helping clients navigate the hard market.

According to Helen Raff, Director of Event Portfolio at Intelligent Insurer, the macroeconomic climate and imbalance in supply and demand have significantly affected reinsurers’ business models. She emphasized the importance of making strategic decisions and embracing innovation to gain a competitive advantage.

The event will feature thought-provoking content, including in-depth case studies, interactive roundtables, and lively panel debates, to provide the strategic insight needed to drive innovation in this rapidly changing and complex space.

Run by Intelligent Insurer, the leading digital hub for senior re/insurance executives, brokers, and cedants, the event will feature industry leaders such as Jean-Paul Conoscente, CEO Global P&C of SCOR; Jill Beggs, Reinsurance Chief Operating Officer of Everest Re; Adrienne Harris, Superintendent of the New York State Department of Financial Services; Frank Schmid, Chief Technology Officer of Gen Re; Michael Yaworsky, Commissioner of the Florida Office of Insurance Regulation; Chris Donelan, CEO of Global Reinsurance at Sompo International; David Govrin, Chief Underwriting Officer at SiriusPoint; Simon Rees, Chief Actuary at AXA XL; Andrew Weissert, Chief Legal Officer at Axis Capital; Peta White, President of Reinsurance Group at Vantage Risk; and Guenter Kryszon, Chief Underwriting Officer at Markel.

Delegates will have the opportunity to network with C-level executives, gain unique insights into the challenges and opportunities of reinsurance, and understand the impact of macroeconomic forces on the industry. They will also learn about the use of data and analytics to make better decisions, explore new lines of business with high growth but high risk, and hear exclusive presentations on navigating market challenges for profitable growth.

This event is part of an ongoing series by Intelligent Insurer to provide industry professionals with the networks, insights, and knowledge needed to drive the evolution of the re/insurance industry. For more information, please visit the website at ‘s website.

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