Rating Agency & Investor Views of Insurer Financial Condition

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Description

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR. DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.

Rating Agencies (AM Best, S&P, etc.) and Investment Analysts (Wells Fargo, Dowling, etc.) are important stakeholders for many insurers. Each has a vested interest in ensuring the financial health of the companies they rate/follow, but often have different viewpoints for what constitutes a successful/highly rated operation. This webinar will provide an introduction to and color regarding each stakeholder's approach to assessing and assigning value to the financial condition of insurance companies in today's marketplace, and provide participants an opportunity to ask questions of these 3rd parties that actuaries don't often interact directly with.

Learning Objective:

1. Garner a better understanding of the similarities and differences between the views of equity analysts and policyholder credit analysts regarding the insurance industry.

Registration Information and Fees

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

Registration Fees (in U.S. Dollars)	Received on/by May 14, 2024	Received after May 14, 2024
Individual	$50	$75
Multiple Connections** (Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)	$600	$650

*Multiple Connection Registrations should contact Mallory Peebles directly at mpeebles@casact.org. The registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.

No Broadcast Policy
Your registration entitles you to access CAS’ webinar programs for which you have registered. By registering to attend the webinars, you agree not to sell, transfer, or otherwise share your webinar access link and/or code unless such sharing is authorized by CAS. You further agree not to record or broadcast CAS’ webinar programs without advance written authorization by CAS.

Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing through email, refund@casact.org, by May 21, 2024 less a $25 processing fee.

CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

CAS Webinars may qualify for up to 1.8* CE Credits for CAS members. Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

Contributors

Steve Chirico

Steve Chirico is a director in the property/casualty rating division of AM Best. Steve is responsible for managing a team of analysts with portfolios of commercial and alternative risk insurers and reinsurers. As a manager, he meets regularly with companies in his division and reviews financial and management information on an ongoing basis. Steve also performs industry studies and departmental projects and contributes to AM Best publications and seminars. Prior to joining AM Best, Steve held financial management positions with Continental Insurance Company and Chubb Group of Insurance Companies. Steve began his career with Deloitte, where as an audit senior, he concentrated on the audits of property/casualty insurers and reinsurers. Combined, his experience represents more than 20 years of increasingly responsible positions within the property/casualty insurance industry. Steve holds a Bachelor of Science degree from Rutgers College and is a New Jersey licensed certified public accountant.
Elyse Greenspan

Elyse Greenspan is a managing director at Wells Fargo Securities covering the Life- and Non-Life Insurance sectors. Elyse ranked in both insurance sectors in the 2022 Institutional Investor All-America Research survey (No. 2 in Non-Life insurance and runner-up in Life). She ranked several other times in the Non-Life Insurance sector, including No. 1 in 2021. Elyse has covered the insurance industry for 20 years. She is a CFA charterholder and a member of the New York Society of Security Analysts. She is currently president of the Association of Insurance and Financial Analysts (AIFA). She graduated from Cornell University with a BS in finance.
Stu Hayes

Stuart Hayes is the SVP, Risk Management and Group Actuary at Arch Capital Services. He is responsible for actuarial leadership, financial and Board of Director reporting and various risk management duties for the Arch Group of companies. He manages rating agency relationships and supports investor interactions for Arch. Stuart holds the FCAS, MAAA, CPCU and CERA designations.

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Description

Contributors

Steve Chirico

Elyse Greenspan

Stu Hayes