Category Archives: Industry Awards & Events

P/C Joint Industry Forum

Eric Dinallo, New York State Superintendent of Insurance, will be the keynote speaker at the 13th annual Property/Casualty Insurance Joint Industry forum to be held tomorrow at the Waldorf-Astoria Hotel in New York City. The Forum, sponsored by the 16 leading property/casualty insurance trade associations, was created to provide p/c insurance and reinsurance company leaders with an opportunity to meet with each other and discuss topics of general interest. A panel of experts will first discuss the insurance industry from the perspective of those who regulate, analyze and write about the business. It will be followed by a panel of insurance company chief executives who will discuss general trends in industry services. For more information on the Forum, contact Loretta Worters at the I.I.I. on 212-346-5545 or lorettaw@iii.org  

Buffett Memoir

It’s not every day that a book related to our industry jumps onto the best-seller lists, but a new memoir on Berkshire Hathaway chairman and billionaire Warren Buffett has done just that. The Snowball: Warren Buffett and the Business of Life will be published Monday and is already on the best-seller list at Amazon. Penned by Alice Schroeder, a long-time property/casualty insurance analyst who was a managing director at Morgan Stanley, this widely anticipated authorized biography recounts the life, values and strategies of the Oracle of Omaha. It should be a great read.

IIS Award

The International Insurance Society (IIS) has named the 2008 winners of the Insurance Hall of Fame Award. All three insurance leaders have demonstrated outstanding leadership and made a significant and lasting contribution to the insurance industry and society as a whole. The three are: Dominic D’Alessandro, president and chief executive officer of Manulife Financial since 1994; legendary actuary, Professor G.S. Diwan (1901-1987), instrumental in the development of the actuarial profession in India; and Patrick Ryan, founder and executive chairman of Aon Corp. The three will be honored during a gala dinner at the 44th IIS Annual Seminar to be held in Taipei, this July. There are currently 119 laureates in the Insurance Hall of Fame from more than 20 countries. Check out the I.I.I. International Fact Book for further global insurance facts & stats.  

Leadership Forum

Saturday marked International Women’s’ Day (IWD) and March is Women’s History Month  in the U.S. With that in mind, we’d like to highlight an event being held later this month and spearheaded by the Association of Professional Insurance Women (APIW). The first-ever Women’s Leadership Forum will be held at the Yale Club in New York City on March 27. Co-hosts include some of the most prestigious professional women’s organizations in the city, including 85 Broads (an independent network of women investment banking professionals), Financial Women’s Association (FWA), National Association of Insurance Women (NAIW) and National Association of Women Lawyers (NAWL). Keynote speaker will be Professor Linda Carli, Ph.D., a visiting associate professor at Wellesley College and co-author of Through the Labyrinth: The Truth About How Women Become Leaders. For registration information check out the APIW site.

California Charitable Dinner

We’ve blogged before about the great works of the Insurance Industry Charitable Foundation and a new date to mark in the calendar is Thursday March 6, 2008, when the Foundation will hold its fourth annual Southern California Club 100 Dinner at the Getty Center in Los Angeles. The event, which brings together top insurance executives throughout California, provides the ideal opportunity to meet and network and enjoy an evening of fine food, wine and fine art while enjoying the unique architectural statement of the Getty Center grounds. Foundation Board member Gary C. Petrosino, managing director, Chubb Group, will serve as the Dinner Chairman. Proceeds from the event will benefit the Los Angeles Metro YMCA. Registration can be completed online at http://www.iicf.org/club100/. Check out further I.I.I. facts and stats on the insurance industry’s charitable contributions.  

P/C Joint Industry Forum

The 12th annual Property/Casualty Insurance Joint Industry forum will be held next Tuesday January 8, at the Waldorf-Astoria Hotel in New York City. Tony Snow, former White House Press Secretary for President George W. Bush, will be the keynote speaker at the event. The Forum, sponsored by the 15 leading p/c insurance trade associations, was created to provide p/c insurance and reinsurance company leaders with an opportunity to meet and discuss topics of general interest. A panel of insurance regulators will first discuss the insurance industry from their perspective. This will be followed by a panel of insurance company CEOs who will discuss general trends in industry services. As always, the event is expected to be well-attended and to stimulate lively discussion on the industry. For more information on the Forum, contact I.I.I. vice president of communications Loretta Worters at 212-346-5545 or lorettaw@iii.org.

Battle of the Bobs

National Underwriter Company’s first virtual conference and expo features a debate at 11am EST this morning between I.I.I. president and economist Dr. Robert Hartwig and J. Robert Hunter, insurance director of the Consumer Federation of America. Topics up for discussion include post-Katrina litigation, credit scoring, federal regulation and industry profitability. Don’t miss it! Registration for the event is free. To register and learn more about the conference, go to: http://events.unisfair.com/rt/nuco~futureofinsurance  

Hall of Famers

We’re delighted to report on the three insurance leaders announced by the International Insurance Society (IIS) as the 2007 winners of the Insurance Hall of Fame awards. Two of the three, Robert Clements and Frederic Reiss (1924-1993), are renowned as pioneers in the alternative risk transfer (ART) field. Mr. Clements, now chairman of insurance broker Integro as well as interim chairman and co-founder of post-Katrina Bermuda start-up Ironshore Insurance Ltd, is considered the father of the Bermuda insurance market where he led the development of ACE and XL. Frederic Reiss, founder of the International Risk Management Group, coined the term “captive insurer† and was the first person to popularize the insurance captive movement. In doing so he helped establish Bermuda as a center for captive domicile companies. Last but certainly not least, the third 2007 Hall of Fame inductee is Josà © Manuel Martà ­nez, chairman and chief executive officer of MAPFRE, Spain’s largest insurance group and now the largest non-life insurer in Latin America. During his tenure, MAPFRE evolved from a local market leader to a large international group. For further info, check out a recent presentation on the world  of captive insurance  from  I.I.I. president and chief economist Dr. Robert Hartwig. Also, the I.I.I.’s  International Fact Book.