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2026 Seminar on Reinsurance
June 1 - 2, 2026 (all times Eastern)

Tuesday Breakout 2

 
8:00 AM - 9:00 AM ET | CS-21: E&O State of the Market
Presenter(s): Jessica Sheehan, RPLU, Ascot Group; Timothy F. Quinn, Sompo Re; Michael Muglia, Counterpart
Moderator(s): Lon Chang, Ascot Group

Description: The Professional Liability market is changing! This session covers non-cyber E&O Professional Liability products. This market has seen changes due to broker consolidation, intermediaries developing their own capital solutions, AI adoption by insureds and carriers, and the evolution of human vs. rules-based underwriting. Our speakers have multiple decades of underwriting experience on a variety of products and market segments. We will discuss recent trends in this market update.
9:00 AM – 9:30 AM ET | BREAK
9:30 AM - 10:30 AM ET | CS-27: Taking Stock of the Reserving and Pricing Cycles

Presenter(s): Bill Wilt, FCAS, MAAA, CFA, MBA, Assured Research
Moderator(s): Hyun Jin Park, Verisk

Description: It's widely understood that the pricing and reserving cycles are interrelated. Where are we now? How does the current reserving cycle compare to past episodes and what does that portend for pricing in 2026/27 across the major lines of insurance? In addition to sharing views on current reserve adequacy, the speaker will show how different insurance lines respond to different actuarial signals - whether from initial accident picks or development on older years. The session will include views on 'what to watch' in the 2H26/1H27 as pertains loss reserving and pricing across the major insurance lines.
10:30 AM – 11:00 AM ET | Break
11:00 AM - 12:00 PM ET | CS-29: Practitioner's Guide to US Casualty Trend (Standard and Non-standard)

Presenter(s): Michael Cenzer, FCAS MA, Renaissance Re; William Ellison, MSci FIA FCAS, WTW
Moderator(s): Charles Gegax, FCAS, SCOR Re

Description: The vast US Casualty market is complex and diverse. Long-tail lines require adequate trend assumptions to be viable. This session delves into the possibilities and pitfalls of modelling Casualty trends.
12:00 PM – 12:45 PM ET | Break
12:45 PM - 1:45 PM ET | CS-34: ASOP 41 (Actuarial Communications) 2nd Exposure Draft

Presenter(s): Bob Miccolis, FCAS, MAAA, FCA, Miccolis Consulting LLC; Todd Hess, Swiss Re
Moderator(s): Derek Jones, FCAS, MAAA, Milliman

Description: Actuarial Communications for a reinsurance actuary can be very broad given the range of professionals they work with (Underwriters, financial people, brokers, other actuaries, etc.). This session will cover ASOP 41 in effect now and explore comments that have shaped the 2nd exposure draft. Two seasoned actuaries including one on the AAA review group will share insights and stories.
1:45 PM – 2:15 PM ET | Break
2:15 PM - 3:30 PM ET | General session 2
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