IRU Members and Associates,

The IRU is pleased to present the 2012 Proportional and Non-Proportional Forms of Reinsurance 2-day seminar to be held February 21-22, 2012. The event will be held at the Graduate Center conveniently located in mid-town Manhattan.

Click Here to Register now as space is limited!!!

This seminar will provide a strong foundation for reinsurance practitioners, at either insurance or reinsurance organizations, with regard to the characteristics, operation and uses of both proportional and non-proportional forms of treaty reinsurance.

As a participant you will . . .

  • Gain an understanding of the five basic forms of proportional/non-proportional treaty reinsurance as well as "mixed" forms combining aspects of different forms
  • With regard to each of the specific forms, special attention will be paid to:
    • Proportional Reinsurance:
      • how quota share performs financing for an insurer
      • how surplus reinsurance assists an insurer to gain needed capacity efficiently
    • Non-Proportional Reinsurance
      • how risk excess reinsurance assists an insurer to gain needed capacity efficiently
      • how occurrence excess limits an insurer's largest losses
      • how aggregate (stop loss) reinsurance can be used to rein in volatile exposures over an expanded time horizon
  • Understand the reinsurance risk management process and how the forms of proportional/non-proportional treaty reinsurance serve to satisfy the needs of reinsurance buyers, using reinsurance to achieve specific financial risk objectives
  • Understand the major functions of reinsurance
  • Be able to identify and understand the contractual language that supports the operation of each form of proportional/non-proportional treaty reinsurance
  • Be able to calculate premiums and losses for each form of proportional/non-proportional treaty reinsurance
  • Understand the concept of integrating different forms of proportional/non-proportional treaty reinsurance in the process of building treaty reinsurance programs
  • Fully comprehend the concepts of ultimate net loss and inuring reinsurance
If you have any questions regarding this or any other IRU event or activity, please contact us via email at This e-mail address is being protected from spambots, you need JavaScript enabled to view it or via phone at 908-203-0211.

Amy Barra
Executive Director

 

  

Officers and Directors

Executive Committee

President
James A. Brost
Senior Vice President
Holborn Corporation
2640 Eagan Woods Drive Suite 200
Eagan, MN 55121
Telephone: 651-454-8225
Facsimile: 651-454-8363
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Secretary/Treasurer
Michael Sowa
Executive Vice President & Managing Director of North America
Aspen Re
175 Capital Boulevard Suite 300
Rocky Hill, CT 06067
Telephone: 860-258-3505
Facsimile: 860-571-0520
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

 

Directors

Director
Elizabeth Geary
Assistant Vice President
Transatlantic Reinsurance Company
80 Pine Street. 9th Floor
New York, NY 10005
Telephone: 212-365-2243
Facsimile: 212-365-2360
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director
Anthony Joseph
Regional Director
Lloyd's America, Inc.
1500 Rosencrans Avenue, Suite 500
Manhattan Beach, CA 90266
Telephone: 310-706-4100
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director/Claims Committee Chair
James Jackson
Claims Analyst
PartnerRe US
One Greenwich Plaza
Greenwich, CT 06830
Telephone: 203-485-4564
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

 

Director/Education Committee Chair
Candice A. Magee
Assistant Vice President
Farmers Mutual Hail Insurance Company of Iowa
6785 Westown Parkway
West Des Moines, IA 50266
Telephone: 515-282-9104
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it


Director/Public Relations/
Industry Relations Committee Chair

Jodi Mann
Assistant Vice President
G.J. Sullivan Co.
800 West Sixth Street, 18th Floor
Los Angeles, CA 90017
Telephone: 213-833-6130
Facsimile: 213-622-5921
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director
Joan Martino
Vice President
Thomas E. Sears, Inc.
31 St. James Avenue, Suite 1050
Boston, MA 02116
Telephone: 617-426-8300
Facsimile: 617-426-6061
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director
Virgil Maxwell
Senior Vice President, Domestic Underwriting
American Agricultural Insurance Company
One Easton Oval, Suite 580
Columbus, OH 43219-6010
Telephone: 614-416-5007
Facsimile: 614-416-5001
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director
Robert Mezzasalma
Senior Vice President & Manager of Treaty Division
QBE Reinsurance Corporation
Wall Street Plaza
88 Pine Street
New York, NY 10005
Telephone: 212-894-7587
Facsimile: 212-943-0316
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director/Association Governance Committee Chair
Brian Quinn
Chief Underwriting Officer, North American Operations
Odyssey Reinsurance Company
300 First Stamford Place
Stamford, CT 06902-6781
Telephone: 203-977-8000
Facsimile: 203-356-0196
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

 

Vice President/Membership Committee Chair
Jessica L. Bongiorno
Director - Treaty Property
Arch Reinsurance Company
360 Mt. Kemble Ave., P.O. Box 1988
Morristown, NJ 07962-1988
Telephone: 973-889-6468
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it
 
Immediate Past President/Nomination Committee Chair
Frank Bigley
Senior Vice President
Farmers Mutual Hail Insurance Co. of Iowa
6785 Westown Parkway
West Des Moines, IA 50266
Telephone: 515-282-9104
Facsimile: 515-282-6303
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

 

 



Director/Internship Committee Chair

Douglas Rarig
Underwriter
Arch Reinsurance Company
360 Mt. Kemble Avenue, P.O. Box 1988
Morristown, NJ 07962-1988
Telephone: 973-889-6484
Facsimile: 973-898-9570
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director
John Reinman
Managing Director
Guy Carpenter & Company, LLC
601 Merritt 7 Corporate Park, 4th Floor
Norwalk, CT 06851
Telephone: 203-229-8822
Facsimile: 212-390-4797
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director/Program Committee Chair
Matt Rose
Senior Vice President & CIO
Axiom Re, Inc.
940 Golf House Road West
Stoney Creek, NC 27377
Telephone: 336-446-4222
Facsimile: 336-446-4223
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it


Director

Sean Ryan
Executive VP and Chief Operating Officer
Trean Corporation
775 Prairie Ctr. Drive #420
Eden Prairie, MN 55344
Telephone: 203-775-8391
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director/Journal of Reinsurance Committee Chair
Joseph Vaughan
Consultant - Reinsurance
Towers Watson
335 Madison Avenue
New York, NY 10017
Telephone:212-309-3934
Facsimile: 212-309-0927
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it


Director/Awards Committee Chair
Jeremy Wallis
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

Director
Michael Williams
Vice President
Axiom Re
940 Golf House Road West
Stoney Creek, NC 27377
Telephone: 336-446-4222
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it

IRU Legal Counsel
Robert A. Calinoff
Calinoff & Katz, LLP
245 Fifth Avenue
New York, NY 10016
Telephone: 212-826-8800
Facsimile: 212-644-5123
Email: This e-mail address is being protected from spambots, you need JavaScript enabled to view it