Risky Business: What's the Right Amount of Reserves?
Governments are subject to financial shocks, including natural catastrophes, recessions, and more. Financial reserves are essentially a form of self-insurance that governments use to buffer themselves against these risks. But what are the risks governments should be concerned about? What size of reserves is appropriate to cover risks? What opportunities are there to use commercial insurance to help cover these risks? Speakers in this session will answer these questions and more. Attendees will leave with resources and strategies to apply risk-aware and risk-savvy thinking to reserves in their own organizations.
Speakers
Managing Director, Moody’s Ratings, New York, New York
Treasurer, Greenwood County, South Carolina
Chief Financial Officer, City of Miami Beach, Florida
Finance Director, Village of Estero, Florida
Finance Director, City of Sharonville, Ohio
Senior Client Manager, Swiss Re
Deputy Chief Financial Officer, City of Austin, Texas
Assistant Finance Director, City of Sharonville, Ohio