2022 IFTRIP Livestream Highlights
About The Livestream
The International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP) represents the world’s largest gathering of international terrorism reinsurance pools, (re)insurers, public agencies, academics, and risk and security professionals.
The 2022 IFTRIP conference was titled: ‘ReCODE‘ representing a dedication to providing a better understanding of the Challenges and Opportunities the terrorism reinsurance industry is experiencing, and the Data and Expertise required to strengthen global financial stability and improve risk management practices.
The 2022 IFTRIP ReCODE Conference streamed virtually on Tuesday, May 10, 2022.
This unmissable conference featured exciting prominent keynotes, expert panels and live Q&A sessions looking at Cyberterrorism, Bioterrorism, Pandemic Reinsurance, Pooling Risk, Climate Change and Parametric Insurance.
Access all Conference Materials On-Demand
IFTRIP is a Pool Re initiative and you can now access the full suite of IFTRIP Conference materials (as well as comprehensive terrorism risk information, tools and resources), on the Pool Re Solutions Centre.
Speakers
Executive Director at Global Internet Forum to Counter Terrorism (GIFCT)
Headline speaker
Bronek Masojada
Panel Breakdown
PANEL SESSION 1
The Pooling Debate in the Wake of COVID
(Followed by a live Q&A session with viewers)
In the wake of the pandemic, much of the insurance industry is now striving to find sustainable, longer-term solutions to reshape products for a post-pandemic world. For the insurance industry itself, the crisis has presented its own challenges, and insurers must now consider, for example, how to plug protection gaps and prepare for and respond to future systemic risk.
This expert panel will discuss a number of key impacts and actions being taken across the industry as we emerge from the grips of COVID-19, and will debate questions such as: Should the Government fulfill the role of insurer of last resort? What if any are the alternative means of sharing risk? How can Insurers make sure their products are fit for purpose in the post-pandemic world?
Panel Speakers:
PANEL SESSION 2
Climate change: Fuelling Terror and Extremism
(Followed by a live Q&A session with viewers)
Climate change and terrorism are two of the most significant concerns of our time. Of the many studies and reports published, very few, if any focus on the interplay between these two catastrophic risks.
Concern has grown considerably particularly over the past two decades that the correlation between climate change and terrorism is more than a supposition. This panel aims to establish whether or not climate change is a threat multiplier that worsens existing problems and aggravates vulnerabilities.
Sponsored by the Reinsurance Association of America (RAA)
Panel Speakers:
PANEL SESSION 3
Where Does The Buck Stop?
(Followed by a live Q&A session with viewers)
Whilst the primary concept of insurance deals with sharing risks and distributing the costs of compensation and recovery, is a further dimension beyond financial preparedness? Studies have shown that well written insurance policies can influence the behaviour of those at risk. This can be by way of an incentive, where insurance can trigger risk reduction investments, or by way of the implementation of preventative actions.
Therefore we ask the question: Where Does The Buck Stop; Should insurers take more responsibility for risk mitigation?
Sponsored by the Association of Bermuda Insurers and Reinsurers (ABIR)
Panel Speakers:
PANEL SESSION 4
The Protection Gap
(Available On-Demand)
The pandemic has highlighted the importance of reliable data sources, insights, and controls to help plan and prepare for ‘Black Swan’ events. The insurance industry’s investment in closing protection gaps, supported by data and analytics has seen an incredible acceleration.
But, can more be done? This expert panel will explore new and emerging protection gaps, products and initiatives and consider and what the future holds for insurance in an increasingly uncertain and unstable world.
Thank You To All Our Sponsors
