ARIA listserv announcements #23 - week of June 8, 2009

American Risk & Insurance Association
716 Providence Road, Malvern, PA 19355
610-644-2100    FAX  610-725-1007           
www.aria.org     email: aria@cpcuiia.org 

Greetings ARIA members: Today’s listserv contains the following: 

• Fifth International Longevity Risk & Capital Market Solutions Conference, September 25-26, 2009 in New York Casualty Actuarial Society (CAS) webinar scheduled for June 25, 2009
• The American Institute for CPCU seeks Senior Director of Knowledge Resources

 Fifth International Longevity Risk and Capital Market Solutions Conference You are cordially invited to participate in Longevity 5: The Fifth International Longevity Risk and Capital Market Solutions Conference, 25th - 26th September 2009, in New York, USA.  The conference registration and information may be found at http://www.longevity-risk.org/index.htmlLongevity risk is an increasingly important risk to recognize, quantify and manage for both pension plan and annuity providers, as well as for individuals. Getting the right trend improvements in life expectancy is the key to managing this risk. However, this has proven to be difficult to realize in the past; even official agencies have systematically underestimated previous mortality improvements. Longevity risk, like interest rate and inflation risk, is an unrewarded risk. Pension plan and annuity providers are beginning to question whether this is a risk they should be assuming. The capital markets are beginning to offer solutions for managing and unloading longevity risk.During this two day international event, leading international industry and academic minds will meet and discuss not only the assessment of longevity risk, but also the type of instruments needed by pension funds and insurance companies to hedge this risk. The latest developments in longevity as an asset class will also be discussed.As the number of available places is limited for this top level international event, we advise you to register as soon as possible.Together with our sponsors, we look forward to welcome you on September 25 and 26, in New York!James Barrese, St John’s University, New York
David Blake, Pensions Institute, Cass Business School, London, UK
Richard MacMinn, Katie School, Illinois State University
Nicos Scordis, St John’s University, New York

Registration deadline: 11 September 2009 (if places are still available)

CAS WebinarARIA members are invited to participate in a CAS Webinar: From Risk to Opportunity – Insurer Responses to Climate Change on June 25, 2009.  This webinar is targeted to those working in areas of insurance and risk management.  The topic spans underwriting, product development, consulting services, asset management, corporate governance, and enterprise risk management.  Registrations are still being accepted for a CAS webinar on climate change issues.  The webinar will be presented by Dr. Evan Mills, a staff scientist at the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, one of the world’s leading research centers on energy and environment.  See http://www.casact.org/education/webinar/index.cfm?fa=climatechange for more details.

The American Institute for CPCU