Stephen A. Bloom, FALU, FLMI, CLU First
Vice President & Chief Underwriter, New York Life
Nate A. Johnson, FALU, FLMI, CLU Vice President,
Underwriting, Generali
Brian S. Millman Senior Manager, New Business
Development, MIB Solutions
A direct writer, a reinsurer and an MIB representative will
lead a panel discussion on the issue of jumbo breaches. The
direct writer will define the issue, describe the history
of jumbo limits and how the issue has changed over time. The
reinsurer will describe the affect of jumbo breaches on the
direct writer and reinsurer relationship and how these issues
are handled from their perspective. The MIB representative
will describe a study performed for multiple U.S. reinsurers
aiming to scope the jumbo limit issue and describe various
means the issue could be addressed in the future.
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