2019 has been a year of reckoning for the reinsurance market as it faces up to loss activity over the past two years. Events such as Irma and Jebi are helping to now drive real changes in momentum in the market.

As the dust clears from the Florida renewals stand-off, a key question for all involved in the (re)insurance market is how the ILS sector will respond to mid-year rate improvements. Will investors be drawn in by improving yields to help boost capacity, or will continued tension support market discipline into the 2020 renewals? Is M&A boosting the ILS market’s growth prospects or is more consolidation ahead?

The Trading Risk New York conference will gather cedants, ILS managers, investors and advisors at a key time in the conference season run-up to January. Join us to hear from leading market participants debating key themes of the day, including:

• Capital stasis: expectations for the ILS investor response to rebalancing in 2019
• Future innovation on collateral models - unlocking value in trapped capital
• M&A reshaping - how the latest deals and new entrants will shake out the market
• Retro recovery - the market's future role post-Jebi and Irma

08:15 - 08:55 | Registration & breakfast

08:55 - 09:00 | Chair's welcome

• Fiona Robertson, Managing Editor, Trading Risk

09:00 - 09:05 | Introduction

• Mike Ramsey, Wilmington Trust

09:05 - 09:25 | Keynote

• Liz Henderson, Senior Managing Director, Catastrophe Risk Analytics, Aon

09:25 - 09:45 | Keynote

• Rick Pagnani, Executive Vice President, Head of PIMCO ILS Business, Portfolio Management

09:45 - 10:05 | Keynote

• Dr John Seo, Co-Founder and Managing Principal, Fermat Capital Management, LLC

10:05 - 10:25 | Group Q&A

10:25 - 11:00 | Coffee & networking

11:00 - 11:45 | Panel discussion: State of the market

• Emmanuel Kenning, Senior Reporter, Trading Risk (Moderator)

• Ben Adolph, Head of Non-Life Portfolio Management, Leadenhall Capital Partners LLP

• Julia Henderson, Chief Underwriting Officer, Lutece Investment Management

• Jonathan Malawer, Head of ILS, Commodities & Environmental Strategies, K2 Advisors

• Todor Todorov, Senior Investment Consultant, Head of Insurance-Linked Securities Research, Willis Towers Watson

• Will 2019 rebalancing revive ILS inflows?

• Refining the ILS model - future collateral innovations and standardisation initiatives

• Market reshaping - how the market might evolve after two years of losses and M&A

• Retro recovery - the market's future role post-Jebi and Irma

11:45 - 12:30 | Panel discussion: Florida market: cutting through the Sunshine State glare

• Sofia Geraghty, Reporter, Trading Risk (Moderator)

• Kapil Bhatia, Managing Director, Raymond James & Associates

• Paresh Patel, Chief Executive Officer, HCI Group

• Chris Silvester, Executive Vice President & Head of U.S. Property Underwriting, Validus Re

• David Unsworth, Senior Broker, TigerRisk Partners

• Have 2019 renewals done enough to correct the market?

• Will legislative reform be a lasting benefit?