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X-ORIGINAL-URL:https://www.limestreetguide.com
X-WR-CALDESC:Events for The Lime Street Guide
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DTSTART:20170326T010000
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DTSTART:20171029T010000
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DTSTART;TZID=Europe/Paris:20171201T093000
DTEND;TZID=Europe/Paris:20171201T110000
DTSTAMP:20260711T064914
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SUMMARY:Facultative Reinsurance and Funding Issues
DESCRIPTION:AUDIENCE\nUnderwriters\, claims and wordings staff and brokers with an interest in facultative reinsurance used for global programmes. \nFacultative Reinsurance Certificates (Fac Certs) are increasingly being used not just for placing ‘spot’ Facultative Reinsurance\, but also as ‘fronting paper’ for global clients. \nDuring this masterclass\, the speakers will outline some of the more onerous terms and conditions generally contained within many carriers’ ‘standard’ (and non negotiable) Fac Certs and the impact these can have on contract certainty and the risk reinsured\, including: \n\nentire agreement clauses\nclaims issues\, including follow the settlements/fortunes and claims control\ncancellation/termination and insolvency\nECO/XPL\, DJEs\, costs in addition and uncapped expenses.\n\nIn addition\, they will provide an overview of potential collateralization requirements in loss reserving and special termination provisions introduced by ‘collateralization’ and ‘funding’ clauses\, with specific reference to use of the Lloyd’s Trust Funds and how/where these funding mechanisms operate. \nSPEAKERS\nAndrew Schütte\, Partner\, Hill Dickinson \nSarah Naylor\, Partner\, Keoghs \nSteve Yates\, Senior Manager\, International Reporting\, Lloyd’s International Regulatory Affairs \nCPD\nThis masterclass qualifies for 1.5 CII CPD hours. \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		This event requires membership. Please visit the organiser's website for more information.Visit Event Website
URL:https://www.limestreetguide.com/event/facultative-reinsurance-funding-issues/
LOCATION:The Old Library\, Lloyd’s of London\, One Lime Street\, London\, EC3M 7HA\, United Kingdom
CATEGORIES:Education & Training
ATTACH;FMTTYPE=image/png:https://www.limestreetguide.com/wp-content/uploads/2017/05/LMA-logo-e1537993759785.png
GEO:51.512999;-0.082006
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=The Old Library Lloyd’s of London One Lime Street London EC3M 7HA United Kingdom;X-APPLE-RADIUS=500;X-TITLE=One Lime Street:geo:-0.082006,51.512999
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