BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The Lime Street Guide - ECPv6.15.19//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:The Lime Street Guide
X-ORIGINAL-URL:https://staging.limestreetguide.com
X-WR-CALDESC:Events for The Lime Street Guide
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Europe/London
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20240331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20241027T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20250330T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20251026T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20260329T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20261025T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20250529T120000
DTEND;TZID=Europe/London:20250529T140000
DTSTAMP:20260408T125109
CREATED:20250509T141532Z
LAST-MODIFIED:20250509T141532Z
UID:85449-1748520000-1748527200@staging.limestreetguide.com
SUMMARY:The coming casualty catastrophe market 2025
DESCRIPTION:The coming casualty catastrophe market 2025\nIn this IIL reinsurance presentation\, hosted by Moody’s office\, Robert Reville and Amanda Lyons talk about the recent rise of new mass litigation in the United States and describe how new innovative reinsurance products can help the industry manage the exposure while growing the casualty reinsurance sector. \nRecent years have seen mass litigation emerge in the United States\, from talc and Roundup to PFAS and addictive software\, with unprecedented frequency. In particular\, from 2016-2022\, two to three new mass litigation episodes launched in the United States every year. In the coming years\, climate litigation may accelerate\, and whole new types of litigation\, such as ultra-processed food and microplastics\, may emerge. The result is that insurers are facing an increasing fraction of their portfolios exposed to large-scale correlated litigation\, raising the risk of legacy claims and increased frequency of reserve restatements. \nThe risk environment in casualty is beginning to echo the catastrophe-exposed risk environment that emerged for property insurance in the 1990s\, which led to the rise of a catastrophe reinsurance market and insurance-linked securities. Will a similar market emerge in casualty? In this presentation\, the speakers describe potential new reinsurance products that can help insurers manage the volatility associated with the new casualty risk environment. These may include increased reliance on runoff and clash\, as well as new ways to increase coverage certainty and efficiency\, relying on named peril coverage priced and structured using models. The speakers envision a significant growth opportunity for casualty reinsurance and ILS\, and will present estimates of the potential size of the market. \nLunch will be provided by Moody’s from 12pm. \nPlease note that this event will not be recorded. \nLearning objectives\n\nHow social inflation has increased ‘casualty catastrophe’ risk in the United States\nSize and status of new mass litigations\, including PFAS\, talc\, and climate litigation\nHow new reinsurance products can help the industry manage the risk and provide a growth opportunity for casualty reinsurance\n\nSpeakers\n\nAmanda Lyons\, Executive Managing Director\, Aon\nRobert Reville\, Head of Casualty Market Development\, Moody’s Casualty\, Moody’s/Praedicat\nChair: Rachel Sullivan\, Partnership Strategy Manager\, QBE Re\n\n  \n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://staging.limestreetguide.com/event/the-coming-casualty-catastrophe-market-2025/
LOCATION:Moody’s\, 21 Mincing Lane\, London\, EC3R 7AG\, United Kingdom
CATEGORIES:Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://staging.limestreetguide.com/wp-content/uploads/2017/09/logo-the-insurance-institute-of-london-e1539464378247.png
ORGANIZER;CN="The Insurance Institute of London (IIL)":MAILTO:Iil.london@cii.co.uk
END:VEVENT
END:VCALENDAR