08:15 – 09:00 

Registration

09:00 – 09:30

Fireside Chat:
James Thaler, News Editor, Inside P&C (moderator)
John Doyle, President and Chief Executive Officer, Marsh

09:30 – 10:00

Fireside Chat:
Bernard Goyder, Senior Reporter, Inside P&C (moderator)
Andrew Robinson, CEO, Skyward Specialty Insurance

10:00 – 10:30

Fireside Chat:
James Thaler, News Editor, Inside P&C (moderator)
Richie Whitt, Co-CEO, Markel Corporation

10:30 - 11:00

Networking

11:00 – 11:30

Fireside Chat:
James Thaler, News Editor, Inside P&C (moderator)
Eric Andersen, President, Aon

11:30 – 12:15

Panel discussion: State of the Market

James Thaler, News Editor, Inside P&C (moderator)
Elizabeth Johnson, CUO, North America, Ascot Group
Neil Kessler, President, Chief Operating Officer, CRC Group
Mo Tooker, EVP, Head of Middle & Large Commercial, The Hartford
Peter Wilson, CEO, Insurance, AXIS Capital

Few could have predicted that a pandemic would throw the entire world into disarray and take along the (re)insurance industry for the ride. Covid-19 struck the market at a time when serious remediation was already underway, following years of heavy natural catastrophes and spiralling costs of social inflation.

It has also acted as an accelerant for existing market trends that were yet to come fully into force – such as increasing rate momentum and a squeeze in capacity.

• How can re/insurers take advantage of the considerable market opportunity presented to them as hardening trends look set to continue throughout 2021?
• Is there anything on the horizon that may lead to a short-term change in market conditions?
• What lines of business are proving most attractive?
• What impact will the Class of 2020 have on overall market dynamics? Are these start-ups squashing the post-Covid cat opportunity?
• Now that underwriters are achieving improved pricing and terms and the prospective profitability of new business improved, will excess capital and competition re-assert itself and compete away the gains?
• Is the broking space yet to realise the full impact of the Aon-Willis combination? How has it changed the trading environment?

12:15 – 13:00

Panel discussion: Cyber Insurance: market-wide repricing?

John Hewitt Jones, Senior Reporter, Inside P&C (moderator)
Oli Brew, Head of Client Success, CyberCube
Erica Davis, Managing Director & North America Cyber CoE Leader, Guy Carpenter
Elissa Doroff, Managing Director, Cyber Technical Leader, NFP
Nick Economidis, Vice President, Crum & Forster

Ever-rising concerns about mounting ransomware losses in 2020 set the scene for what looks to be a transformational year for the standalone cyber market. While ransomware is not a ‘new’ threat, a steady increase in the severity and frequency of attacks is now starting to pose a persistent threat to the profitability of the cyber insurance market.

After years of sluggish rate momentum and intense competition, the way the cyber market chooses to tackle a rapidly evolving threat landscape in 2021 will be looked back on as a major turning point in the maturity of the class.
 

• What key impacts has Covid-19 had on the cyber market?
• Has it changed investors’ and executives’ appetite for the class of (re)insurance?
• Are we set to see a market-wide repricing of cyber risk?
• Will the fallout from surging attacks against SME businesses lead the class to becoming seriously distressed?
• How are ransomware attacks evolving and how prevalent is this threat now?
• What is the likely impact on SME businesses? How does this contrast with the cyber consequences for large corporates?
• How is the reinsurance market responding? What are reinsurers most concerned about?

13:00 – 14:00

Networking

14:00 – 14:30

Fireside Chat:
James Thaler, News Editor, Inside P&C (moderator)
Pat Gallagher, Chairman, President and CEO, Gallagher

14:30 – 15:15

Panel discussion: M&A, Finance and Capital

Amit Kumar, Director of Research, Inside P&C (moderator)
Jeff Radke, Group CEO and Co-Founder, Accelerant US Holdings
Romulo Braga, CEO, BMS Capital Advisory
Matt Grosssberg, Chief Executive Officer, ISC
Neil Eckert, Executive Chairman, Conduit Re

Rowan Bamford, President, Liberty GTS, Liberty Mutual

• Will we see more in the way of new capital formations? How will the different structures (start-up/buy-in/expansion) shape the experience of 2021?
• How has the economic picture impacted the way capital is flowing into the market? What trends are we seeing from investors in our space?
• The majority of major M&A deals were put on ice whilst uncertainty caused by Covid-19 wreaked havoc on valuations. Has the M&A freeze began to thaw? How do you see the prospects for M&A in the current climate?
• Where do opportunities lie within the middle-market for M&A expansion? Is this space ripe for growth?
• Has the pandemic accelerated M&A or dampened activity? What impact is it having on valuations? Is the fall-out from Covid-19 putting pressure on decision-making?
• How are insurers and reinsurers realigning their businesses to be more efficient conduits of capital and risk?

15:15 – 15:45

Fireside Chat:
James Thaler, News Editor, Inside P&C (moderator)
Scott Gunter, CEO, AXA XL

15:45 – 16:30

Panel discussion: Hopes and Fears: Spotlight on Reinsurance

James Thaler, News Editor, Inside P&C (moderator)
Lisa Butera, Managing Director, Head P&C Client Markets US, Swiss Re
Tim Gardner, Global CEO, Lockton Re
John Jenkins, CEO of P&C Reinsurance Operations in the Americas, SCOR
Doug May, President, Willis Re North America

The age-old question of “how much longer” a journey will take has never been more relevant to the reinsurance market. Some suggest the current phase of market hardening will be a short-lived uptick, quickly gone as the world returns to normal, while others argue for a prolonged opportunity into 2022 and perhaps beyond.

Reinsurers were disappointed with the extent of rate increases at 1 January. But even so, after taking away gains from the January renewals to boost prospective returns to the best levels since 2013 or earlier, market participants are desperately hoping that this phase of incremental improvements may keep replaying for more renewals to come.

• How far have the 1.1 renewals put carriers ahead when considering the additional drag from lower investment returns or other pressures on loss costs?

• How much further does the reinsurance market upturn have to run?

• What role do you see for pure-play reinsurers in the future?

• What's the biggest challenge for the reinsurance sector post-Covid?

• What role is reinsurance playing in the evolution of insurtechs and vice versa?

• In light of overall market conditions, how are reinsurers reallocating their capacity and what have been some recent developments in buying strategies among cedents?

• How has the level of re-underwriting in the primary market impacted the reinsurance market?

16:30 – 18:00

Networking