May 14, 2014 3:00 – 5:00pm Board Meeting Location: The Board Room 5:00 – 7:00pm Welcome Reception Sponsored by: Location: Florida Cookery Mezzanine May 15, 2014 8:00am – 9:00am Registration and Check In 8:00am - 9:00am Breakfast Sponsored by: Location: The Great Room West 9:00am – 9:15am General Session: Welcome and Introductions Location: The Great Room East 9:15am – 10:00am Opening Speaker "Rethinking Weather" Paul Walsh, Vice President of Weather Analytics and Meteorologist, The Weather Channel 10:00am – 10:30am Networking Break Sponsored by: 10:30am – 12:00pm Oxford Style Debate: Is Trading Essential to the Weather Market’s Future? This interactive debate-style session will position professionals against each other to argue their side on the future role of trading in the weather market and where they see the market going. Moderator: Stephen Doherty, Speedwell Weather Josh Charnin-Aker, DRW Commodities Marty Malinow, Endurance Global Weather 12:00pm – 1:30pm Networking Lunch Brad Davis, MSI Guaranteed Weather Bill Windle, Munich Re Sponsored by: Location: The Great Room West 1:30pm – 3:00pm Real World Examples from the End User Perspective Moderator: Heidi Centola, CME Group Stuart Brown, Swiss Re Hector Ibarra Pando, The World Bank Ken Harper, Alinta Claire Wilkinson, Willis 3:00pm – 3:30pm Networking Break Sponsored by: 3:30pm – 5:00pm The Extreme of Winter 2013/2014: Blame It on the ENSO, MJO, QBO, PDO, AMO, WPO, EPO, Sunspots, Typhoon Season, Eurasian Snow Cover, Extratropical SSTs, or Something Completely Different? The severity of the past winter placed weather in the forefront of many mass media outlets and created a blame game of sorts as markets/companies reacted to the extreme verifying weather anomalies (cold, blizzards, drought, etc.). In this session, three leading experts from the private forecasting sector (CWG, MDA, and WSI) will discuss/elaborate upon: Verifying winter atmospheric/oceanic patterns (globally) and place these in proper historical context The anatomy of seasonal forecasts in advance of the winter and the adjustments/modifications made intra-season (dissection and causation) Direct economic impacts of the observed patterns and/or specific event-driven sensitivities (energy, agriculture, construction, retail, transportation, government, etc.) Lessons learned as atmospheric/oceanic scientists Each participating member's outlook for the summer and beyond Moderator: Brad Hoggatt, MSI Guaranteed Weather Matt Rogers, Commodity Weather Group Bob Haas, MDA Weather Services Michael Ventrice, WSI May 15, 2014 (continued) 5:30pm - 9:00pm Evening Event: Dinner at OLA Restaurant (See below for map) 5:30pm – 6:30pm 6:30pm – 9:00pm Cocktail Hour Dinner with Food Stations Sponsored by: May 16, 2014 8:00am – 9:00am Breakfast Location: The Great Room West 9:00am – 10:00am Insurance Linked Securities Market The Insurance Linked Securities (ILS) market has experienced explosive growth over the past five years and has been a major driver of capacity and pricing for reinsurance transactions. As this growth continues and ILS managers look for new uncorrelated opportunities, the question for the weather market is to what extent these players will become active capacity providers on weather transactions. Moderator: Marty Malinow, Endurance Global Weather William Dubinsky, Willis Capital Markets & Advisory Michael Halsband, Sirius Capital Markets Steve Velotti, Principal, Pillar Capital Management 10:00am – 10:30am Networking Break 10:30am – 11:30am Regulatory Impacts: Updates in Regulation Impacting the Weather Market Hear about the current and emerging regulations and how they are impacting the weather market. Claude Brown, Partner, Reed Smith 11:30am – 12:00pm Annual Membership Meeting