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BestDay Audio Podcast for Monday, Feb. 8: The Changing Landscape of Catastrophic Risk
[February 08, 2010]

BestDay Audio Podcast for Monday, Feb. 8: The Changing Landscape of Catastrophic Risk


(BestWire Services Via Acquire Media NewsEdge) BestDay Audio Podcast for Monday, Feb. 8: A round-table discussion on the changing landscape of catastrophic risk. Continued aggregation of property values in coastal areas and earthquake-prone regions is creating increased levels of potential loss for insurers. Estimates of insured and general economic damage associated with a major terrorist attack suggest the industry confronts increasingly unprecedented levels of volatility. Panelists include: Sanjay Godhwani, executive vice president and property division executive, Lexington Insurance Co.; Laurie Johnson, Ph.D AICP, senior science adviser, Lexington Insurance Co.; Brian Finlay, senior associate and director, Henry L. Stimson Center; and Roger Pielke Jr., Ph.D, professor of Environmental Studies, Center for Science and Technology Policy Research University of Colorado. Lee McDonald hosts.

Recent episodes of BestDay Audio include: Friday, Feb. 5: Attorneys Steve Kunzman and Todd Ruback from the law firm of DiFrancesco, Bateman, Coley, Yospin, Kunzman, Davis & Lehrer, PC in Warren, N.J., discuss increasing regulatory compliance requirements and a spike in privacy-related litigation as organizations and insurance carriers will be faced with privacy as a significant risk component to business.

Thursday, Feb. 4: Achim Bauer, a partner at PricewaterhouseCoopers in London, discusses the company's view that the economic crisis has created new pressures in the purchase of commercial risk insurance. Also included in the cast: Carlos Wong-Fupuy, assistant general manager of analytics at A.M. Best Europe Ltd., discusses the vote by bondholders in London-based insurer Pearl Group to reject the company's request that they accept a reduced value for their holdings.


Wednesday, Feb. 3: Greg Sinfield, a tax partner in the London office of Lovells, discusses a decision by the U.K. tax authorities that could affect U.K.-based reinsurers.

Tuesday, Feb. 2: Michael Zuna, vice president of marketing for Aflac Inc., discusses the company's latest advertising campaign, and how it differs from prior campaigns in trying to get people to better understand the coverages the U.S. supplemental insurer provides. Also included in the cast: Paul Corver, chairman of ARC, the U.K. trade body for the run-off sector, discusses the concerns of run-off companies about the capital requirements of Solvency II.

Monday, Feb. 1: Nigel Bartram, motor underwriting strategy manager for Aviva, and Colin Towell, financial analyst at A.M. Best Europe Ltd. in London, each discuss the U.K. motor insurance market.

The BestDay Audio Podcast is a daily wrap-up of insurance news plus additional content. To listen or subscribe, visit http://www.bestdayaudio.com. To hear individual audio interviews on an on demand basis, visit http://www.ambest.com/audio.

(c) 2010 A.M. Best Company, Inc.

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