2019 Virtual Event Series
Designed for company leaders and investment staff of property/casualty insurance companies, this series will provide an overview of issues impacting the industry and strategies for managing insurance company financials and investments.
Recognizing that one size does not always fit all, NAMIC has created flexible registration options for your organization. You have the option to register for individual webinars, the full Finance and Investment Series, or a Company Pass, which gives you access to all three 2021 webinar series. Individual sessions will be listed below as they are confirmed.
All webinars will air at 2 p.m. ET and will be available on-demand to view at your convenience within 24 hours of the live airing. All registered attendees have access to the on-demand recordings for up to one year.
This session will provide an overall economic outlook of the property/casualty insurance industry. This session will include a high-level look at industry trends and disrupters. The always-popular Robert Hartwig, Ph.D., will provide important insights that will help you manage your company’s risk.
Director, Center for Risk & Uncertainty Management
University of South Carolina
The pandemic has affected companies in a variety of ways – companies have been forced to reduce staff, cut spending, and do more with less. This includes your organization and the third parties you work with. Now more than ever, it's critical to understand who your critical third-party partners are and how they are protecting your sensitive assets and keeping your name out of the headlines.
Global Managing Partner, Third Party Risk
Senior Manager, Third Party Risk
As ransomware attacks have become more prevalent and more damaging, these incidents have rapidly become a top concern for cybersecurity firms, cyber insurers, and potential victims. This session will explore the reasons for the dramatic change in ransomware activity as well as the impacts this trend has on the cyber insurance marketplace. It will take a detailed look at the future of ransomware. The presentation will include a discussion of steps companies can take now to protect themselves from ransomware and end with a brief look at other major threats that are on the horizon.
Vice President, Global Product Owner – Cyber
COVID-19 shocked the world. How prepared were insurers and how did the industry respond? How have changing markets conditions impacted insurers’ strategies moving forward? A pair of experts from Conning will discuss recent trends, today's environment, and opportunities for insurers to consider in the wake of recovery.
Unprecedented monetary stimulus, ultra-low interest rates, and depressed risk premiums have created a challenging environment for fixed-income investors. Against a backdrop of limited attractive opportunities, a disciplined approach to fundamentals, relative value, and security selection is warranted.
Head of Structured Securities
This session will present multiple methods to review overall loss and allocated loss reserve adequacy as measured on a company’s Schedule P financial statements. Attendees will learn several specific yet easy-to-execute methods they can implement, including IBNR-to-case, average reconstructed financial reserves, and the actual versus expected incurred diagnostic. Specific examples will also be reviewed and discussed. Other topics will include the components, data requirements, and flexibility of these valuable analyses. Finally, there will be a discussion of the importance of reserve adequacy to financial tests such as the Schedule P Part 2 test and IRIS tests.
Streff Insurance Services
Principal Consulting Actuary
Streff Insurance Services
By design, mutual insurance company portfolios are mostly allocated toward investment-grade fixed income to account for policyholder obligations, reserves, and sufficient risk capital. Risk assets such as equities and high-yield bonds can be viable options for mutual insurers looking for ways to diversify their portfolios and increase yields to support their businesses. Using a case study format, Strategic Asset Alliance and Vanguard will review what risk assets are, how to assess their fit in the investment portfolio, and options/benefits of investing these assets in ETFs and mutual funds.
President and Chief Executive Officer
Strategic Asset Alliance
Surplus is the lifeblood of an insurance company. For mutual insurance companies, the only way to grow surplus is through underwriting profit and/or investment income.
Through the investment income lens, this session will address why an insurance company’s investment strategy should be integrated with the company’s insurance business strategy. It will also address why insurance company investing is different, along with many key decisions for insurance company investing.
Attendees will gain greater insights on the importance of matching strategies on the asset side and liability side of the balance sheet along with a deeper dive into the asset side of investing.
Head of Sales and Marketing (retired)
2020 was an unprecedented and unexpected year for the investment markets and while insurance companies were well positioned, their investment portfolios were not entirely immune to last year’s events. During this webinar, the presenters will examine investment trends by mutual property/casualty companies and, utilizing Macquarie’s risk framework and investment outlook, identify hidden risks and opportunities within these portfolios. During this discussion, the presenters will provide a deep dive on the differences between large and small mutual property/casualty investment portfolios and also discuss the major differences between mutual and non-mutual portfolios.
Managing Director, Head of Insurance Strategy
Macquarie Asset Management
Associate Director, Senior Insurance Strategist
Macquarie Asset Management – Insurance Solutions
Large technology stocks were dominant in 2020. But by year end, equity markets were positive, even when excluding them. As vaccine distribution continues, many market observers suggest the worst economic damage from the pandemic may be behind us. During this session, Conning’s Don Townswick will discuss opportunities in high-quality, strong-balance-sheet companies that have begun to rally and have continued to successfully execute in the current environment of uncertainty.
Director of Equity Strategies
TThis session will explore insurance state premium tax credits. Tax credits provide a unique opportunity to reduce a company’s state tax burden, increase investment and refund opportunities, and provide goodwill in the state(s) in which they do business. The session will explore insurance state premium tax credits and discuss in detail the operational, investment, certificated, incentive, and goodwill credits available to the industry. The speaker will discuss how to best utilize several specific state tax credits and how companies can calculate their tax credit capacity, usage, and forecast future tax savings.
Insurance Senior Tax Manager
The COVID-19 pandemic has led many premium audit departments to increase the number of virtual audits because they follow social distancing guidelines and don’t require people to be physically present at insureds’ facilities. Virtual audits may also take on an expanded role in the post COVID-19 era, becoming part of the “new normal,” as carriers realize the rewards of decreased audit costs, a reduced carbon footprint, and the ability to balance workloads among auditors. During this session, the presenter will explore helpful tips, lessons learned, and best practices that can be used to help create and enhance a successful virtual audit program.
Technical Manager, Workers’ Compensation, PAAS
Senior Registration & Meeting Coordinator