VIII Conference on Insurance Regulation and Supervision in Latin America Regional Seminar on Capital Adequacy and Risk-based Supervision.

Transcription

1 XVIII ASSAL Annual Meeting VIII Conference on Insurance Regulation and Supervision in Latin America Regional Seminar on Capital Adequacy and Risk-based Supervision 8-11 May 2007, Rio de Janeiro, Brazil Organised by the Association of Latin American Insurance Supervisors (ASSAL), The International Association of Insurance Supervisors (IAIS), The Organisation for Economic Co-operation and Development (OECD), The Financial Stability Institute (FSI), and The Brazilian Superintendence of Private Insurance (SUSEP) Draft Agenda [As of May 3, 2007] Monday and Tuesday, May 7 8, 2007 World Bank, CGAP Working Group on Microinsurance, Munich Re Foundation, Superintendencia de Seguros Privados (SUSEP)-Brazil, Association of Insurance Supervisors of Latin America (ASSAL), Insurance Association of Brazil (FENASEG), Federación de Aseguradores Colombianos (FASECOLDA), and MicroInsurance Centre LLC Regional Workshop on Access to Insurance for the Poor Registration is by invitation only. To register, or to request further information about this course, please contact Ms. Colleen Mascenik at cmascenik@worldbank.org Registration Fee: US$700, which includes conference materials, breakfast and lunch on May 7-8, 2007 The participation in this Workshop is not included in the fee of the XVIII ASSAL Annual Meeting & VIII Conference on Insurance Regulation and Supervision in Latin America & Regional Seminar on Capital Adequacy and Risk-based Supervision and should be paid by each participant.

2 Tuesday, May 8, 2007 XVIII ASSAL Annual Meeting Time Items / Topics to be covered Participants 12:30 14:50 Welcome lunch 15:00 15:10 Opening Remarks Superintendent of the Brazilian Superintendence of Private Insurance 15:10 15:15 Welcome ASSAL Ex-Co Chairman Closed Session: ASSAL Members Only 15:15 17:00 ASSAL Committee Meetings ASSAL Plenary Session, 1 st Part: Corporative affairs 17:00 18:00 [Agenda to be circulated by ASSAL Secretariat] 18:00 18:15 Coffee Break 18:15 19:30 ASSAL Plenary Session, 2 nd Part: Discussion on common interest issues [Agenda to be circulated by ASSAL Secretariat] 19:30-20:00 Signature of the MoU between ASSAL and NAIC Closed Session: ASSAL NAIC Members Only 20:00 - Cocktail Closed Session: ASSAL NAIC Members Only

3 8:00-8:30 Registration 8:30-8:37 Wednesday, May 9, 2007 OECD IAIS ASSAL VIII Conference on Insurance Regulation and Supervision in Latin America Opening Remarks by Superintendent of the Brazilian Superintendence of Private Insurance - SUSEP and ASSAL Annual Conference Chairman 8:37-8:44 Introduction to ASSAL activities by ASSAL Ex-Co Chairman 8:44-8:51 Introduction to IAIS activities by Yoshihiro Kawai, IAIS Secretary General 8:51 9:00 Introduction to OECD activities by Kurt Schneiter, OECD Insurance and private Pensions Chair Panel 1: Financial Management of Large-Scale Catastrophes 09:00-09:25 Walter Bell, NAIC President 09:25 09:50 Semih Yücemen, Professor and Director, Earthquake Engineering Research Center, Member of the advisory board of the OECD international network on Financial Management of Large-Scale Disasters 09:50-10:15 Manuel Aguilera, CNSF-México 10:15-10:50 10:50-11:20 Coffee break 11:20 12:00 Group Discussion Moderator: Kurt Schneiter, OECD Panel 2: Risk Awareness and Education on Insurance issues : Panel discussion on OECD good practices Flore-Anne Messy, OECD Good practices For Enhanced Risk Awareness and Education on Insurance issues 12:00-12:20 Ricardo Lozano, DGSFP- España 12:20 12:40 Walter Bell, NAIC President

4 12:40-13:10 13:10-15:10 Group Discussion Moderator: Kurt Schneiter, OECD Lunch Working Lunch ASSAL- FIDES ASSAL Ex-Co Members and FIDES Panel 3: How to present financial information role of disclosure 15:10-15:35 Osvaldo Macías, SVS-Chile 15:35-16:00 Edward Rivera, Chief Deputy Commissioner of Puerto Rico Group Discussion 16:25 17:00 Moderator: (TBD, IAIS) 17:00-17:15 Coffee break 18:00 19:00 Meeting ASSAL Exco and International Actuarial Association Analysis of mechanisms to enhance actuarial capabilities in Latin America. 19:00-21:00 Dinner Thursday, May 10, 2007 Panel 4: Life insurance product taxation. Implications for the development of the markets 08:30 08:50 Harold Skipper, OECD Consultant 08:50 09:10 Marcos Antonio Simões Peres, SUSEP ( ASSAL)

5 09:10-09:30 Act. Luis Huerta, President of the Latin American Committee and former President of the International Actuarial Association 9:30 9:50 Jorge Horacio Pellegrinelli, Secretary of the Argentinean Actuarial Institute 09:50 10:15 Group Discussion Moderator: Marco Antonio Rossi, Bradesco Vida e Previdência S/A. 10:15 10:30 10:30 11:00 Coffee break Closing Remarks and End of Seminar VIII Conference on Insurance Regulation and Supervision in Latin America IAIS FSI ASSAL Training Seminar Regional Seminar on Capital Adequacy and Risk-based Supervision (Attendance is limited to a maximum of 60 participants) 11:00 11:15 11:15 12:15 Opening Remarks and Introduction to FSI Activities Ms Gunilla Borer, Senior Financial Sector Specialist, Financial Stability Institute (FSI), Switzerland IAIS Solvency Framework Update on standard setting work Future outlook Mr Yoshihiro Kawai, Secretary General, IAIS 12:15 14:00 Lunch

6 Effective Insurance Supervision Moving Towards a Risk-based Approach Risk-based supervision: why and how 14:00 15:30 The role of proper infrastructure and supervisory systems Adapting the key elements of supervision: on-site and off-site Ms Gunilla Borer, Senior Financial Sector Specialist, FSI, Switzerland 15:30 16:00 Coffee break 16:00-17:30 Risk-based Solvency Framework and Supervisory Process Background and key benefits of risk-based supervision Example of the approach used by OSFI Mr Ralph Lewars, Senior Advisor, International Advisory Group, Office of the Superintendent of Financial Institutions (OSFI), Canada Friday, May 11, 2007 Supervision of Assets and Liabilities Rationale and methodology 8:30 10:00 IAIS standards and principles Supervisory role Mr Héctor Rodríguez-Cabo, General Director of Pensions and Health Insurance Supervision, Comisión Nacional de Seguros y Fianzas (CNSF), Mexico 10:00-10:30 Coffee break Risk Mitigation through Reinsurance and Other Means 10:30 12:00 Mitigating tools and effects Relevance in a risk-based solvency system Mr Bryan Fuller, Senior Reinsurance Manager, National Association of Insurance Commissioners (NAIC), United States

7 Corporate Governance, Risk Management and Internal Control International standards and supervisory relevance 12:00 13:30 Sound practices Ms Gunilla Borer, Senior Financial Sector Specialist, FSI, Switzerland 13:30 15:00 Lunch 15:00 16:15 16:15 16:45 Coffee break Case Study: Applying Risk-based Supervisory Methods Mr Ralph Lewars, Senior Advisor, International Advisory Group, OSFI, Canada 16:45 18:00 18:00 Case Study: Applying Risk-based Supervisory Methods (continued) Mr Ralph Lewars, Senior Advisor, International Advisory Group, OSFI, Canada Closing Remarks and End of Regional Seminar on Capital Adequacy and Risk-based Supervision 20:00 22:30 Closing Dinner Saturday, May 12, :00 City Tour & Visit to Pão de Açúcar

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