Name
Presentation & panel discussion: Parametrics, capital markets and beyond
Description

The traditional insurance and reinsurance markets are struggling to cope with the ever-rising level of climate change related natural catastrophe risk. Highly cat exposed nations such as Philippines and Lao are turning to innovative parametric solutions with state and regional development bank involvement as the French Cat Nat scheme struggles to cope and Germany argues increasingly bitterly about mandatory flood cover.

  • Where are the gaps and how big are they?
  • In which areas and territories are European multinationals struggling to find traditional natural catastrophe cover and why?
  • What do risk and insurance managers need to do to ensure that they can negotiate the best possible cover and what are the limits?
  • What about parametric solutions?
  • How has this solution developed in recent times and what examples are there of successful use of parametric solutions?
  • How do they work to ensure that you have your claim paid as quickly as possible?
  • What are the potential problem areas?
  • Why go for a parametric rather than a cat bond?
  • Which areas are they best used?
  • Nat cat, emerging risks, uninsurable risks?
  • How to obtain the best possible terms and conditions and how to sell the concept to the CFO?
Speakers
Steve Harry, Marsh
Matthew James, Descartes Underwriting
Sebastiaan van Gilst, Swiss Re
Jan Mumenthaler, International Finance Corporation (World Bank Group)
Steve Harry Matthew James Sebastiaan van Gilst Jan Mumenthaler
Date
Wednesday, September 18, 2024
Time
2:40 PM - 3:20 PM