Insurance-& Risk-Linked Securities Conference

Date

March 04 - March 06, 2018

Location

Miami Beach, FL

Pre-Conference Rates – Until 3/3/18

  • Member $1345
  • Non-Member $1545
  • Regulator $595

Overview

Following discussions with a distinguished group of industry experts and participants at the 2017 SIFMA Insurance- & Risk-Linked Securities conference in Florida, there continues to be great focus on the numerous factors reshaping the insurance and ILS markets, as well as the need for a greater understanding of the potential broader application of ILS into new markets and perils. With change comes opportunity and the ILS industry is well suited to face this evolving dynamic. At IRLS 2018, we look forward to promoting discussion on strategies for a robust market in the coming year.

On March 4-6, 2018, join the industry discussion on:

  • 2017 Hurricane Season
  • Current State of (Re)insurance
  • Flood Risk
  • Sponsor Perspectives on the Post-Event ILS Market
  • ILS Collateral: Trapped Capital, Fronting, Letters of Credit/Trusts and much more
  • International Aid and Public Finance
  • Secondary Market Liquidity
  • And more.

 

Program

4:30pm – 7:00pm

Registration Desk Hours

5:30pm – 7:00pm

Networking Reception on Spa Lawn

7:45am – 1:00pm

Registration Desk Hours

7:45am – 8:30am

Networking Breakfast

8:30am – 8:40am

Welcome Remarks

8:40am – 8:50am

Participants

Ali Alali

Moderator

Ali Alali

Managing Director

Goldman, Sachs & Co.

8:50am – 9:20am

Keynote Speaker

9:20am – 10:10am

This panel will provide broad perspectives on the current state of the (re)insurance industry. The ILS market has been with us for over 20 years, how it’s driving changes in…

This panel will provide broad perspectives on the current state of the (re)insurance industry. The ILS market has been with us for over 20 years, how it’s driving changes in the industry and how the industry can best harness it going forward. The panel will focus on future trends and what factors could cause increased investment to the space from a senior management and/or portfolio management perspective.

Participants

Jay Green

Moderator

Jay Green

Managing Director

Goldman, Sachs & Co.

10:10am – 10:30am

Networking Break

10:30am – 11:20am

Flood risk and the protection gap in the United States came back into focus in 2017 following the massive flood loss from Hurricane Harvey.  The spotlight on flood continued with…

Flood risk and the protection gap in the United States came back into focus in 2017 following the massive flood loss from Hurricane Harvey.  The spotlight on flood continued with the passing of the 21st Century Flood Reformation Act by the U.S. House of Representatives to reform and reauthorize the National Flood Insurance Program (NFIP).  While the NFIP is the largest insurer of flood risk in the United States, the private reinsurance and ILS markets have continued to express an interest in bringing more capital to help close the protection gap.  This panel will examine the recent legislative changes and implications and opportunities for the ILS market.

Participants

Paul Schultz

Moderator

Paul Schultz

Chief Executive Officer

Aon Securities Inc.

11:20am – 12:10pm

This panel session dives into sponsor considerations of ILS products in the post-event environment: What were sponsors experiences at 1/1 with ILS markets and what are expectations looking towards the…

This panel session dives into sponsor considerations of ILS products in the post-event environment:

  • What were sponsors experiences at 1/1 with ILS markets and what are expectations looking towards the upcoming renewals?
  • How do sponsors integrate capital markets products within the traditional reinsurance tower, noting differences in coverage terms and reinstatement provisions?  How do sponsors handle the potential for different ultimate net losses?
  • What are the key learnings from the events with respect to cat bond structures: Are they paying out when they should?  Can the processes be made more efficient?

Participants

Andy Palmer

Moderator

Andy Palmer

Director, Deputy Head of ILS Structuring

Swiss Re Capital Markets Corporation

12:10pm – 1:00pm

Our panel will promote a deep dive discussion on a wide range of topics and issues related to ILS collateral including: trapped capital,  fronting,  letters of credit/trusts,  types of assets,…

Our panel will promote a deep dive discussion on a wide range of topics and issues related to ILS collateral including: trapped capital,  fronting,  letters of credit/trusts,  types of assets, leverage, buffers and more.  

Participants

John Modin

Moderator

John Modin

Managing Director

Citi

1:00pm – 2:00pm

Networking Lunch on Ocean Lawn

2:00pm – 5:00pm

Private Meetings and/or Networking Time

5:30pm – 7:00pm

Networking Reception on Ocean Lawn

8:00am – 12:25pm

Registration Desk Hours

8:00am – 8:45am

Networking Breakfast

8:45am – 9:35am

Our secondary market trading will focus primarily on market experiences with 2017 live CAT trading and dead CAT trading.  We will discuss the information flows available at given points in time, the…

Our secondary market trading will focus primarily on market experiences with 2017 live CAT trading and dead CAT trading.  We will discuss the information flows available at given points in time, the factors driving pricing to gap and narrow and the degree of price visibility.

Participants

Rishi Naik, Jason Bolding, Steve Emmerson, Dan Madison, Liran Nehushtan, Sung Yim

Moderator

Rishi Naik

Head of Insurance-Linked Securities Sales and Trading

BNP Paribas

Rishi Naik’s Biography

Panelists

Steve Emmerson

Head of ILS & Insurance

Tullett Prebon Group Ltd

Steve Emmerson’s Biography

Liran Nehushtan

Vice President, Insurance-Linked Securities

Swiss Re Capital Markets Corporation

Liran Nehushtan’s Biography

Sung Yim

Senior Vice President

GC Securities

Sung Yim’s Biography

9:35am – 10:25am

For the second year in a row, the SIFMA IRLS Conference returns to Miami, the hub of the Latin American reinsurance market.  We take this opportunity to orchestrate a discussion…

For the second year in a row, the SIFMA IRLS Conference returns to Miami, the hub of the Latin American reinsurance market.  We take this opportunity to orchestrate a discussion about the attributes of this unique and growing market as well as any applications past, present and future for ILS.  To what extent does the market have unifying features or is it really just a collection of large markets such as Mexico and Brazil and much smaller markets.  Have the 2017 Mexican earthquakes and ill winds of Maria and Irma created an opportunity for ILS or is broader acceptance of ILS less likely in the short term?  What do the experiences and prospects for ILS to complement the Latin American reinsurance market tell us about the prospects for ILS penetration in other regions like Africa, Eastern Europe, and ex-Japan Asia where ILS is also less common?

Participants

Juan England, Rodrigo Botti, Paschal Brooks, Darío Luna Plá, Jesús Palacios Prieto

Moderator

Juan England

Managing Director

Willis Re

Juan England’s Biography

Panelists

Rodrigo Botti

Chief Financial and Operational Officer

Terra Brasis Resseguros S.A

Rodrigo Botti’s Biography

Paschal Brooks

Executive Vice President

AlphaCat, Validus Managers Ltd.

Paschal Brooks’s Biography

Darío Luna Plá

Managing Partner

Akua Capital, S.C

Darío Luna Plá’s Biography

Jesús Palacios Prieto

Director, Insurance Ratings, Latin America

S&P Global Ratings

Jesús Palacios Prieto’s Biography

10:25am – 10:45am

Networking Break

10:45am – 11:35am

Participants

Cory Anger

Moderator

Cory Anger

Global Head of ILS Origination & Structuring

GC Securities

11:35am – 12:25pm

The innovative products, distribution, and models being implemented by the many Insurtech start-ups has grabbed the industry’s attention. The journey of Insurtech bears resemblance to the early days of ILS,…

The innovative products, distribution, and models being implemented by the many Insurtech start-ups has grabbed the industry’s attention. The journey of Insurtech bears resemblance to the early days of ILS, where there was similarly a part of the insurance industry ripe for improvement. As a non-traditional area of insurance, ILS market participants may be willing partners for Insurtech, but it would require the investors to venture outside of the market’s historic footprint. This panel will explore the ways in which ILS market can support Insurtech and Insurtech could offer new opportunities for the ILS market.

Participants

Nathaniel Nussbuam, Michael R. Halsband, Adrian Jones, Richard McCathron, Vikas Singhal

Moderator

Panelists

Adrian Jones

Head of Strategy, Development and Ventures

SCOR Global P&C

Adrian Jones’s Biography

Richard McCathron

Head of Insurance

Hippo Insurance

Richard McCathron’s Biography

12:25pm – 12:25pm

Conference Concludes

Venue

Eden Roc

4525 Collins Avenue
Miami Beach, FL 33140

With easy access to Miami and Fort Lauderdale International Airports, Eden Roc Miami provides the ultimate venue for business travelers attending a conference, participating in meetings and networking.

 

Picture of venue

Hotel Accommodations

SIFMA has reserved a block of rooms at Eden Roc Miami.

Rates will start at $359 per night and are quoted exclusive of applicable state and local tax (currently 14% and $10.00 resort charge).

You may also contact the Eden Roc Miami reservations department at +1-305-531-0000. Please reference the SIFMA Group Rate when speaking with a reservationist.

Upgrades are available at Nobu Eden Roc.  To reserve these rooms, please contact Eden Roc Miami by phone to make these reservations.

Please note that the group rates are good through February 7, 2018 and only available on a first-come, first-served basis–they may sell out early! After the block is sold out, the hotel’s market price applies regardless of the date booking.

Make sure to confirm all cancellation policies and forfeiture of deposits directly with the hotel when booking your reservation.

Book a Room

Media

Media Inquiries
Contact Katrina Cavalli at 212.313.1181.

Media Registration
Contact Emily Reinus at 212.313.1339.

Policy
View SIFMA’s official press policy.

Media Partnerships
Custom media partnership opportunities are available for almost every objective and budget, with benefits including complimentary event passes. Contact Monica Ilyevsky at 212.313.1263 before January 26, 2018.

Terms and Conditions

Code of Conduct
SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. SIFMA defines inappropriate behavior as any possible illegal conduct, verbal or physical abuse of any type, use of derogatory or discriminatory language, gestures or actions, unwanted invasions of privacy, any form of harassment, racism, sexism, or any other targeted comments which are intended to cause personal offense to another participant either in-person at the event or through social media channels, or the violation of any local, state, or federal laws or regulations.

If you are involved in or witness an incident at a SIFMA meeting or event that violates this Code of Conduct, please use this anonymous incident report form to let SIFMA know immediately. Please provide as much information as possible about the incident so that we can make a proper investigation. Any violations of law should be reported to law enforcement authorities.

SIFMA will investigate any reported incidents swiftly and confidentially if possible. SIFMA, at our discretion, may act on any reports of inappropriate behavior, including but not limited to removing a participant from the meeting or event and/or bar that person from attending future SIFMA meetings or events. SIFMA shall not refund any money paid for such attendee to attend the meeting or event, or for any travel expenses incurred to attend.

Attendee Roster
For your name to be included in the Attendee Roster, your completed registration form and payment must be received no later than two weeks prior to the event. Registrations received after that time will not be included in the Roster.

Substitutions
Conference registration substitutions are welcome. Email [email protected] with the following information and we will confirm the change: original registrant’s full name, substitute registrant’s full name, mailing address, title, phone and email.

Cancellations
Refunds will be granted for cancellations made three weeks prior to the start of the event. All cancellation requests are subject to a $100 processing fee and must be made in writing.