The Forum will include an update on recent panel activity.

This will be followed by a presentation from Andrew Schütte, and Sarah Naylor, Keoghs LLP, on Facultative Reinsurance Certificates (Fac Certs). An outline will be provided of some of the more onerous terms and conditions generally contained within many carriers’ “standard” (i.e. non negotiable) Fac Certs and the impact these can have on contract certainty, for example:

-entire agreement clauses

-follow the settlements/fortunes clauses and related claims issues

-cancellation/termination and insolvency

-ECO/XPL, DJEs, costs in addition and uncapped expenses.