Nina Easton, ReFocus 2020 Conference Host, SiriusXM Radio Host, Former Fortune Magazine Senior Editor and Award-Winning Columnist, and Co-CEO of SellersEaston Media
9:00 - 9:30 AM
State of the Industry
Susan Neely will share her perspective on the unique ways the industry can lead, share knowledge, and help shape policy that’s good for consumers, communities, and the country.
Susan K. Neely, President & Chief Executive Officer, American Council of Life Insurers
State of the Union: A Conversation with Donna Brazile and Karl Rove Political powerhouses Donna Brazile and Karl Rove square off in a candid, informative, and at times hilarious debate to decode the uncertainty and partisanship of Washington today, and provide prescient insight and actionable takeaways on the future political landscape. They will delve into the dynamics of their respective parties, and dive into everything from health care to taxes to election 2020 and the evolving American electorate. True Washington insiders with combined decades of experience, they take audiences from the campaign trail, to Capitol Hill, to the White House.
Speakers: Donna Brazile, Veteran Democratic Political Strategist; Adjunct Professor; Author; Syndicated Columnist
Hon. Karl Rove, Foremost Conservative Commentator & Strategist and
Former Senior Advisor and Deputy Chief of Staff to President George W. Bush
9:30 - 10:30 AM
10:30 - 11:00 AM
11:00 AM- 12:00 PM
Variable Annuity Reinsurance Transactions - A High-Level View From The Buyers And Sellers Variable annuities were once the growth engine of the life insurance industry. However, new players eager to get market share began to enhance benefits without proper increases in pricing. Existing companies soon followed. The great financial crisis of 2008 caused many of these products to be “in the money” requiring huge increases in reserves and tremendous variability in earnings from month to month.
Two former AIG life insurance executives inherited large blocks of variable annuity business as CEOs of separate companies. Each announced block-buster variable annuity reinsurance transactions, once thought unlikely, within days of each other. Learn about these highly complex reinsurance structures, the reasons for executing them and how they are performing today from both the CEOs of the insurers ceding the business and the CEO of an assuming company.
Chip Gillis, Co-founder & Former Chief Executive Officer, Athene Life Re
Patrick Lusk, President & Chief Executive Officer, Venerable
Rod Martin, Chairman, Voya Financial
Chris Swift, Chairman & Chief Executive Officer, Hartford Financial Services Group, Inc.
12:00 - 2:00 PM
2:00 - 3:15 PM
Redefining The Stakeholder Story: A CFO Perspective
Today's insurance Chief financial Officers face a myriad of internal and external pressures while needing to maintain top and bottom line financial results. These pressures include continual low interest rate environments, increasingly volatile equity markets, financial reporting regime changes and emerging and accelerating risk profiles. In this session, financial executives within the insurance industry will share how they are balancing these pressures to strategically redefine their organization's stakeholder stories.
Moderator: Doug French, Managing Principal, Insurance & Actuarial Advisory Services, Ernst & Young LLP
Speakers: John Hayden, Executive Vice President and Controller, Reinsurance Group of America, Incorporated Steve Lash, Senior Vice President & Chief Finance Officer, Wilton Reassurance Company