08:00
Conference registration and refreshments
08:55
Welcome Address
09:00
Regulator’s Keynote Speech
- How the life reinsurance market is changing the face of the insurance industry
- Where are the key challenges for regulators involved in this business?
- How to safeguard life insurance policyholders?
- Innovation versus regulation—the question of balancing safety with growth
- Future of risk transfer amid heightened regulatory scrutiny on use of funded reinsurance
09:30
Keynote Panel: Life Reinsurance – The Global Outlook
- Understanding market dynamics in Americas, Europe, Bermuda and Asia
- How funded reinsurance is supporting the growing demand for annuities and other retirement products
- The mechanics of doing business in a truly global market
- The cedent's experience doing asset intensive reinsurance, including counterparty risk management
- Onshore vs offshore reinsurance
- Life reinsurance litigation risk—are US concerns likely to develop in other markets?
- Role of PE in life reinsurance
Panellists:
Kunal Sood, Managing Director of Defined Benefit Solutions and Reinsurance, Standard Life
Michael Consedine, Executive Vice President, Global Head of Government and Regulatory Affairs, Athene
10:20
Coffee
10:50
Panel Discussion: Legacy Life Books – New Ventures and Opportunities
- What is the future for consolidation of life back-books, in light of higher interest rates and regulatory scrutiny?
- How has appetite for consolidation vs reinsurance solutions evolved?
- Opportunities for capital-driven reinsurance solutions, e.g. mass lapse, mortality risk, ILS
- Discussing deal structures and evolving regulatory guidance
Panellists:
Antonio Trueba, Executive Director – CEO, MEDVIDA Partners
Todd Solash, President and Deputy CEO, Athora
11:40
Panel Discussion: Risk Transfer Drivers and Innovations
- Where is the European life reinsurance market set to evolve throughout 2025 and beyond?
- What are the key innovations you are seeing in the market?
- How is the asset intensive market opening up avenues for traditional reinsurance?
- How are deal structures evolving in line with market growth?
- Role of captives in risk transfer
- Fixed annuities: a growth market for funded re?
- Asia: a market ripe for growth?
Panellists:
David Luce, Partner, Corporate & Financial Services, Willkie Farr & Gallagher
Karl Chappell, Managing Director, Solutions, Resolution Life
Prannoy Chaudhury, Principal & Consulting Actuary, Milliman
12:30
Lunch
13:30
Regulatory Panel: Regulatory Challenges for the Life Re/insurance Business
- Regulators from the PRA, DNB and BMA assess the key regulatory challenges for life reinsurance
- How do global regulatory approaches to managing the risks of funded reinsurance compare and contrast?
- How to best deal with cross-border reinsurance in a truly global market
- What can participants expect from the PRA's planned stress tests on the use of funded reinsurance?
- Assessing Dutch rules on asset intensive reinsurance and the impact on its home market
- Where does Bermuda stand on its asset intensive rules?
- Bringing transparency to US Life Re
- Tackling third-party involvement in life re/insurance
Panellists:
Gerald Gakundi, Deputy Managing Director of Supervision and Head of Insurance and Investment Funds, Bermuda Monetary Authority
Jon Vogelzang, Head of Department, Capital and Actuarial Expertise Centre, Insurers Supervision,
De Nederlandsche Bank
Judith French, Director, Ohio Department of Insurance, National Association of Insurance Commissioners
Vicky White, Director for Prudential Policy, UK Prudential Regulatory Authority
14:30
Mastering Asset Intensive Reinsurance from both sides of the transaction
- Assessing the motivations and benefits of asset intensive reinsurance
- What regulatory issues need to be considered
- How to choose your partner
- Balancing risk and reward from both sides
- Lessons learned
Axel André, Executive Vice President, Chief Financial Officer, RGA
Colin Simpson, Chief Financial Officer, Manulife
15:10
Coffee break
15:30
Panel Discussion: The Asset Challenge
- Gaining the investment edge in asset intensive reinsurance
- Transparency vs performance
- Sourcing illiquid assets, the re/insurer's challenge
- Addressing regulatory challenges around asset intensive work
- Asset managers and re/insurers—a good match?
Panellists:
Blake Witherington, Chief Credit Officer, Manulife
Gareth Mee, Chief Investment Officer, LGAS & Institutional Retirement, L&G
16:10
Panel Discussion: Europe’s Funded Reinsurance Evolution
- Growth drivers and hurdles in the Europe's funded re markets
- What are the main concerns around funded re supervision and how can participants address these challenges?
- Opportunities across Continental Europe
- What can Europe learn from the UK?
Panellists:
Augusto Diaz Leante, Head Life & Health Continental Europe, Swiss Re
Carlo Elsinghorst, Group Chief Executive, Monument Re
Peter Nowell, Head of Structured Assets Solutions, SCOR Life & Health
Romain Paserot, Head of Solvency and Capital, The International Association of Insurance Supervisors
17:00
Closing remarks followed by a drinks reception
18:30
Conference ends