MD of Institute for Catastrophic Loss Reduction to headline global mutual reinsurance conference

Manchester, UK, 26 February 2018: The International Cooperative and Mutual Insurance Federation (ICMIF) today announced that a keynote speakers for its upcoming Meeting of Reinsurance Officials (MORO) in Montreal, Canada, in April will be Glenn McGillivray, Managing Director of the Institute for Catastrophic Loss Reduction (ICLR). The MORO Conference will take place 23-25 April 2018 and this year’s theme is Reinsuring the mutual way.

McGillivray will present an overview of the catastrophic loss landscape in a session on Managing risk in an uncertain world: Learning from catastrophes on the morning of Tuesday 24 April.

In his MORO presentation, Global change and catastrophic loss, Glenn will speak about the increasing challenges faced by various stakeholders – most particularly governments and insurers – in managing risks associated with severe weather and seismic events. He will discuss how severe weather losses are rising across Canada and around the world and what can be expected through the next decade in terms of disaster loss claims and prevention. He will end with a discussion on ICLR’s work and its efforts to help insurers and others mitigate the impact of severe weather and earthquake events.

The biennial MORO conference combines world-class speaker presentations, panel sessions, networking and the opportunity to write reinsurance business. The MORO attracts the elite leaders of the global reinsurance industry and is the cooperative and mutual insurance sector’s only global dedicated reinsurance conference. The conference is an outstanding opportunity for mutuals and cooperatives to share reinsurance knowledge and discuss issues of common interest in a collaborative and supportive environment. In 2016, the event was headlined by Inga Beale, CEO, Lloyd’s of London and 110 reinsurance managers from 54 companies in 25 countries gathered in London to learn from and to do business with each other.

The event will also feature speakers from global organisations including Willis Re, A.M. Best and CyberScout. A number of prominent Canadian companies will also be included in the agenda with speakers participating from ICMIF member companies The Co-operators and Desjardins General Insurance Group. Also appearing will be The Sovereign General Insurance Company (a member of The Co-operators Group of Companies).  

ICMIF CEO, Shaun Tarbuck commented: “We are thrilled to have Glenn as a keynote speaker at this year’s MORO. As well as being an extremely strong speaker with a wealth of experience, he is a strong advocate for finding ways for insurers to help mitigate risks associated with climate change and other catastrophes”.

 

ENDS

For more information or to arrange interviews, please contact:

Liz Green, Senior Vice-President, External Relations, ICMIF, liz@icmif.org +44 7793 264 220

Alison Grant, Communications Manager, ICMIF alison@icmif.org +44 161 952 5078

About the mutual and cooperative insurance sector

  • The mutual sector holds 26.8% of global insurance market share by premium.
  • Premium income was 1.3 trillion USD in 2016
  • In 2016 the sector’s assets were USD 8.3 trillion
  • Employment in the sector accounts for more than 1.13 million jobs
  • Over 990 million people are served as member/policyholders by mutual/cooperative insurers

About ICMIF (see www.icmif.org)

  • With its global headquarters in the United Kingdom and regional offices in Washington DC, USA; Tokyo, Japan and Brussels, Belgium, today ICMIF represents 280 values-based insurers in 75+ countries with over USD 300 billion in premium income and USD 2 trillion in total assets held.
  • ICMIF delivers unique networking opportunities, market and member intelligence and external relations services. It takes a strong lead in encouraging best practice amongst its member firms in key insurance issues, including; performance management, legal and governance, marketing, brand and reputation, reinsurance and social and environmental performance.
  • ICMIF is active in the microinsurance and Takaful sectors, with Takaful providing Shariah-compliant risk amelioration products to Islamic markets

Follow ICMIF on Twitter at @ICMIF_Web

Follow ICMIF on LinkedIn at www.linkedin.com/company/icmif/

 

About Glenn McGillivray and the Institute for Catastrophic Loss Reduction:

Glenn joined the ICLR in November 2005. Prior to this, he served as Assistant Vice President of Corporate Communications for Swiss Reinsurance Company Canada and was Corporate Secretary for three Swiss Re operations in the country. He began his insurance career at The Personal Insurance Company of Canada in Toronto and went on to work for a major Canadian corporate law firm.

He holds a B.A. in political science from Wilfrid Laurier University, a M.A. in political science from McMaster University, and a graduate diploma in corporate communication from Seneca College. Glenn is author of the Swiss Re publications Cross-border litigation in the age of free trade; Twister: The professional reinsurer’s perspective; and Inside an Icestorm.

As an insurance writer and commentator, Glenn’s work has been widely disseminated across Canada. He has written more than 220 magazine and journal articles, publications and blogposts on a range of issues, and additionally speaks and lectures regularly on subjects related to the area of property and casualty insurance and reinsurance and natural hazards.

The Institute for Catastrophic Loss Reduction (ICLR) is a world-class centre for multi-disciplinary disaster prevention research and communications. ICLR was established in 1997 by Canada’s property and casualty (P&C) insurance industry as an independent, not-for-profit research institute affiliated with Western University.