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CAS November 2004 Reinsurance Panel. Hot Topics since We Started Planning This Panel. 4 Hurricanes hit Florida Harbinger of things to come? Big reserve changes by some casualty reinsurers Tip of the iceberg? Brokerage controversy New regulation for insurance industry?
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Hot Topics since We Started Planning This Panel • 4 Hurricanes hit Florida • Harbinger of things to come? • Big reserve changes by some casualty reinsurers • Tip of the iceberg? • Brokerage controversy • New regulation for insurance industry? • Finite reinsurance ended • Actuaries quoted “This isn’t reinsurance.”
All Examples of 3a Risk • Having your company end up on page 3a of the Wall Street Journal
So What’s Our Focus? • Lots happening in reinsurance • We’ll start with a discussion of the role of actuaries • What’s right and wrong about what actuaries are doing in the industry • Implications for training and research