08:55
Welcoming remarks
09:00
PANEL DISCUSSION: GEOPOLITICS AND CENTRAL BANK ACTION. WHAT SPILLOVER EFFECTS CAN WE EXPECT AND IS THERE MORE TO COME FROM THE FED?
- Fighting the war on inflation - Is the Fed approaching the end of its hiking cycle? What further action can we expect in the near term?
- What impact will the current banking crisis have on fiscal policy?
- Are we yet seeing the full impact of the interest rate tightening policy?
- Are fears of a potential credit crunch justified?
- Is recession unavoidable? What type of recession is likely? Is there such a thing as a soft landing?
- What conclusions can we draw about the Fed's approach to policy making going forward? Do we need to adjust to a new normal?
- What does all this mean for the insurance sector?
- Geopolitics and potential impact on financial markets
- Ongoing tensions between US and China
- Implications of a polarised political landscape
- 2024 US presidential election
- Lessons learned from the recent debt ceiling debacle
- Can we expect potential ripple effects on the economy?
- Is there a real risk of a downgrade of US sovereign debt
- What would this mean for investment policies and potential breaches
- The trend towards de-dollarization
- The driving factors behind it
- How might this shift emerge over time and what could it mean for the US econom
Moderator:
Nakul Nayyar, Head of Investment Risk, Guardian Life
Panellists:
Pooja Rahman, Chief Risk Officer, Transamerica
Thomas Holzheu, Chief Economist Americas, Deputy Head of Group Economic Research and Strategy, Swiss Re
Santiago Millán, CFA, Managing Director and Macro Strategist, Wellington Management
Dan North, Senior Economist North America, Allianz Trade
09:50
PANEL DISCUSSION: BANKING STRESS FALLOUT – WHAT DOES IT MEAN FOR INSURERS AND THE WIDER FINANCIAL MARKETS?
- Do we think there is the potential for further bank failures?
- If further banks struggle - what broader impact might this have on the market and recession risk?
- What opportunities could this create for more middle market lending?
- Where did it go wrong for SVB?
- What would it take for a similar scenario to materialise within the insurance industry?
- Where do the vulnerabilities lie?
- Importance of robust Risk culture
- How are insurers using the banking events to stress test models and scenarios further?
Moderator:
Andy Sparks, Managing Director and Head of Portfolio Management Research, MSCI
Panellists:
Edward Wilson, Managing Director, Chief Risk Officer, Global Atlantic Financial Company
Preeti Gureja, Senior Vice President, Enterprise Risk Management, Chubb
Xiaowei Han, Vice President, Head of ALM, TIAA
10:30
MORNING COFFEE BREAK
10:50
TRACK ONE ENTERPRISE RISK MANAGEMENT |
TRACK TWO ASSET RISK |
CRO PANEL DISCUSSION: HEADWINDS ON THE HORIZON AND THE LONG-TERM OUTLOOK FOR THE INSURANCE INDUSTRY
Moderator: Panellists: |
OPPORTUNITIES AND CHALLENGES IN PRIVATE CREDIT. A DEEP DIVE INTO PRIVATE CREDIT AND APPROPRIATE STRUCTURE FOR INSURERS Speaker: |
11:30 /11:10
TRACK ONE ENTERPRISE RISK MANAGEMENT |
TRACK TWO ASSET RISK |
11:30 | 11:10 |
PANEL DISCUSSION: CYBER RISK-- BIGGEST THREAT OR OPPORTUNITY FOR INSURERS? Cyber has been called one of the biggest opportunities for insurers in generations. But it also comes with threats to insurer operations. This panel will consider the current cyber risk threat landscape and look at how insurers can both exploit the opportunities of cyber and manage their own cyber risks. Moderator: Panellists: |
CIO PANEL DISCUSSION: GETTING THE PORTFOLIO IN ORDER.
Moderator: Panellists: |
11:50 PRESENTATION: OPPORTUNITIES IN THE RESIDENTIAL MORTGAGE MARKET FOR INSURANCE COMPANIES
Speaker: |
12:10
TRACK ONE ENTERPRISE RISK MANAGEMENT |
TRACK TWO ASSET RISK |
PANEL DISCUSSION: NURTURING THE FUTURE TALENT PIPELINE
Moderator: Panellists: |
PANEL DISCUSSION: REGULATION RISK – WITH A RAFT OF POTENTIAL REGULATORY CHANGES ON THE HORIZON, WHAT ACTIONS ARE INSURERS TAKING TO PREPARE & READY THE PORTFOLIO?
Moderator: Panellists: |
12:50
LUNCH BREAK
13:50
KEYNOTE ADDRESS: WHAT DOES AI MEAN FOR THE INSURANCE INDUSTRY?
- The big picture – what capacity does AI have to shape and change industries, businesses and lifestyle?
- Best and worst case scenarios – where are the potential uses for good and for ill?
- Are fears of a threat to society and humanity justified?? How wary should we be?
- How do we balance upside with safety and control?
- Can Federal government and Congress act quickly enough to establish legal guardrails?
- Potential effect of AI on the labour market?
Speaker:
Maryland Insurance Administration
14:15
PANEL DISCUSSION: NAVIGATING SUSTAINABILITY -RELATED RISKS AND OPPORTUNITIES – WHERE NEXT?
- How to navigate the politicisation of the topic internally
- What impact are we seeing on industry support for climate/ESG motivated initiatives?
- As the divide in political views over ESG widens, how does an insurer work through the dichotomy of ESG stances and legislation?
- From greenwashing to green hushing
- Rise of climate change related litigation
- What future sustainability disclosures framework, if any, to expect in the US?
- How significant will this theme be in the 2024 presidential election?
- What role can and should industry initiatives/bodies such as the NZIA and the NZOA play going forward?
- How credible are climate change technology/solutions in a holistic carbon reduction strategy?
- What is the path forward from here at firm and policy levels?
Moderator:
Laura Weeks, Senior Responsible Investment Manager, U.S., Principles for Responsible Investment
Panellists:
Elizabeth Aceituno, Senior Expert, Sustainable Finance, World Wildlife Fund
Guenter Kryszon, Global Executive Underwriting Officer, Markel Corporation
Sheri Wilbanks, Head of GRM P&C Climate and Sustainability, Axa
Rakhi Kumar, Senior Vice President, Sustainability Solutions and Business Integration, Liberty Mutual Insurance
14:55
AFTERNOON BREAK
15:15
TRACK ONE ENTERPRISE RISK MANAGEMENT |
TRACK TWO ASSET RISK |
PANEL DISCUSSION: INTEGRATING AI AND ITS ASSOCIATED RISKS INTO UNDERWRITING AND RISK FRAMEWORKS
Moderator: Panellists: |
PANEL DISCUSSION REVISITING LIQUIDITY RISK MANAGEMENT
Moderator: Panellists: |
15:55
TRACK ONE ENTERPRISE RISK MANAGEMENT |
TRACK TWO ASSET RISK |
PANEL DISCUSSION: ADJUSTING THE BUSINESS MODEL TO THE NEW RATE ENVIRONMENT AND A SPOTLIGHT ON TRENDS SHAPING THE FUTURE EVOLUTION OF THE LIFE BUSINESS
Moderator: Panellists: |
PANEL DISCUSSION: RISKS AND OPPORTUNITIES IN THE COMMERCIAL REAL ESTATE SPACE
Moderator: Panellists:
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16:35
TRACK ONE ENTERPRISE RISK MANAGEMENT |
TRACK TWO ASSET RISK |
PANEL DISCUSSION: SOCIAL INFLATION AND THE IMPACT OF A RAPIDLY EXPANDING, THIRD PARTY LITIGATION FUNDING MARKET
Moderator: Panellists: |
PANEL DISCUSSION: WHAT NEXT FOR PRIVATE ASSETS?
Moderator: Panellists:
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17:15
CLOSING REMARKS
17:20
DRINKS RECEPTION