Lunchtime Lecture: Pool Re and terrorism cover - A dynamic risk

Wednesday, 19 October 2016
12:30 pm – 2:00 pm (UK time)

This talk will be given by Steve Coates ACII, Chief Underwriting Officer, Pool Re

Steve Coates is Chief Underwriting Officer for Pool Re and has been in post since 2012. He is responsible for all aspects of underwriting, claims, modelling, exposure management and external retrocession. Prior to this he was Head of UK Property & Casualty at Allianz where he spent 11 years including one in Australia. Before this he worked at Independent Insurance where he ended up as UK Property Underwriting manager. He started his career at Eagle Star.

Steve will cover why the Pool Re scheme still exists and how it is changing to meet the modern threat.

He will explain how to go about underwriting a risk that can't be approached in a conventional manner and how this differs from other low probability, high severity events. The event will also cover how terrorism might further develop in the future as a distinct class of business.

Learning objectives: At the end of this event, the delegate will be able to identify:

  • why Pool Re exists
  • the current threat
  • how terrorism differs from other catastrophe perils
  • how we underwrite terrorism
  • how terrorism might develop as a class in the future

Time: 12.30pm Buffet lunch; 1pm Lecture; 2pm Finish

Venue: Hotel du Vin, Church St, Birmingham

Lectures are provided free of charge to CII/PFS members. A £15.00 charge is made for non-members attending the lecture payable at the time of booking (Please note: If payment is not made at the time of booking online, kindly advise in the comments box your method of payment e.g. cheque to follow in post).

Proof of membership is required; kindly ensure you bring along your CII/PFS PIN for regisistration.

If this event becomes fully booked, please email birminghaminstitute@cii.co.uk to be added to our reserves list.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.