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John Hunter Casualty Treaty Underwriter Faraday Re

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Presentation on theme: "John Hunter Casualty Treaty Underwriter Faraday Re"— Presentation transcript:

1 John Hunter Casualty Treaty Underwriter Faraday Re
How Far Should Reinsurers Influence Insurers? LUG Conference September 2002 John Hunter Casualty Treaty Underwriter Faraday Re

2 Market: Coercion to Dialogue
Effect of Competition Act & USA capital EXPONA 1 in 1986: imposition EL: Offshore in 1992, Unlimited in 1995: Dialogue LGT 2000: failure Terrorism in 2001: fragmentation Constituency broadening: Consultation or Paralysis?

3 Exposure Management Judicial Vagary Social Inflation
Volatility & Unlimited Cumulative Business & Aggregation Systemic Risk Parameter Risk

4 Details Do Matter! Business Plans Reinventing The Wheel
Claims Input & Advice Policy Wordings Reserving & IBN(E)R

5 Relationship or Transaction?
Control Freaks v Free Spirits Sleeping Doormat or Involved Partner? Seat at the Table Two-way Incentive Plan What Do You Want From Us?


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