AM Best held its annual Insurance Market Briefing - Europe and Methodology Review Seminar events on Wednesday, 16 November, at ETC Venues St. Paul's in London. The 2016 Insurance Market Briefing event saw leading AM Best rating analysts and industry experts discuss the impact of current economic conditions and ratings trends for (re)insurers in key segments of the European (re)insurance sector and the London Market.
The keynote speaker at the 2016 event was Andrew Kendrick: Senior Vice President, Chubb Group and Regional President, Europe.
The Methodology Review Seminar explored the latest updates to rating criteria, which provided participants with a better understanding of the proposed modifications to Best's Credit Rating Methodology, including ongoing changes to our proprietary Best's Capital Adequacy Ratio model.
Conference-related questions or requests for additional information can be sent to email@example.com. To learn more about the event, please view the slide presentations (PDF) below:
|09:00||Welcome & Introductory Comments||Nick Charteris-Black, Managing Director, Market Development|
|09:10||EMEA Market Overview||Greg Carter, Managing Director, Analytics - EMEA|
|09:30||Keynote Address: Lessons from a Remarkable Year||Andrew Kendrick, Senior Vice President, Chubb Group & Regional President, Europe|
Thematic Session: Analysis - The Value of Natural Catastrophe Schemes in Europe
Contrasting and highlighting the relevance of schemes and programmes from around Europe and beyond.
|Carlos Wong-Fupuy, Senior Director|
Thematic Session: The Major Challenges Facing the Industry & the Potential Impact on Credit Quality
Catherine Thomas, Senior Director, Analytics
Mahesh Mistry, Director, Analytics
A high-level panel from the reinsurance sector convened to discuss current industry trends including the ongoing input of alternative capital/ILS.
Chair: Mark Geoghegan, Managing Director, The Insurance Insider
Des Potter, Managing Director, GC Securities (EMEA)
Matt Fairfield, CEO, Exin Group
Kurt Karl, Chief Economist,
Stefan Holzberger, Chief Rating Officer, AM Best
|12:45||Questions & Answers|
Welcome & Introduction
Overview of the Structural Changes to Best's Credit Rating Methodology
|Greg Carter, Managing Director, Analytics|
Update on Ongoing Restructuring and Revised Presentation of Best's Credit Rating Methodology (BCRM) for (Re)Insurance Companies
Understanding the New Universal BCAR & Its Application
Carlos Wong-Fupuy, Senior Director
Mathilde Jakobsen, Associate Director, Analytics
|15:30||Q&A: Interactive Discussion|