|16th - 18th June 2011 | Copenhagen / Denmark|
With the development of Solvency II insurance regulation, the role of reinsurance has gained importance, since the risk mitigating power of reinsurance will now also be rewarded properly in the solvency requirements. First insurance actuaries want to get familiar with the latest developments on reinsurance products, markets and pricing, in order to find the best risk management solutions for their company.
Reinsurance products range from simple capital reduction tools for growing insurance portfolios to multiline catastrophic covers or insurance-linked securities. Reinsurance modelling is complex, but adequate tools are available. Getting to grips with reinsurance modelling will helps you to improve your reinsurance program and to be prepared for Solvency II.
The worldwide reinsurance market has a stabilising function in local insurance markets and provides capital to the real economy. There is a strong interplay between economic cycles and reinsurance market cycles. Will the reinsurance market be softening in 2011 and further? Or will the reinsurance market suffer from increasing catastrophic risks?