6th Annual. Re-Insurance Partner Re-Takaful Partner Captive Insurance Partners

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7 & 8 February 2010, Gulf Hotel, Kingdom of Bahrain Strengthening Industry Foundations Strategic Supported by Platinum Strategic Re-Insurance Re-Takaful Captive Insurance s Gold Ratings Silver

1 7 & 8 February 2010, Gulf Hotel, Kingdom of Bahrain Strengthening Industry Foundations Strategic Supported by Platinum Strategic Re-Insurance Re-Takaful Captive Insurance s Gold Ratings Silver Strategic s The Insurance Society Refreshment Break Host Lanyard Sponsor Corporate Exhibitor MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Middle East Finance Industry Since 1993 Contact us: t: f: P.O. Box 72045, Dubai

Dear Insurance Industry Leader, Notwithstanding recent shocks, cautious optimism has begun returning to the global economy and financial markets are now moving towards stabilisation and economic

The industry is now entering a new phase of exciting development characterised by the introduction of tighter supervision, new compulsory insurance, liberalisation and the opening of new market

2 Dear Insurance Industry Leader, Notwithstanding recent shocks, cautious optimism has begun returning to the global economy and financial markets are now moving towards stabilisation and economic recovery. There is no doubt that the Middle East insurance markets continue to offer huge potential for growth. The industry is now entering a new phase of exciting development characterised by the introduction of tighter supervision, new compulsory insurance, liberalisation and the opening of new market segments, all of which indicate a future of exciting development for the industry in a region long characterised by severe under-penetration of insurance products. Recent growth levels have only scratched the surface of the potential in the Middle East insurance industry. The 6th Annual Middle East Insurance Forum (MEIF 2010) will bring together more than 400 delegates representing decision-makers from Arab and international insurance and reinsurance companies, regulatory agencies, brokers, and banking & finance organisations, to participate in the region s largest and most influential annual platform. Industry leaders will engage in Back to Basics debates that will meaningfully shape the future trajectory of the industry in the region. Some experts are projecting that growth in the Middle East insurance market will be substantially above international norms over the long term and as the industry looks for practical strategies on managing risk, the 6th Annual Middle East Insurance Forum is where the industry leaders will converge to capitalise on new growth opportunities as the global economic scenario improves. Join more than 400 industry decision-makers and become part of the dialogue at the 6th Annual Middle East Insurance Forum to chart key trends that are shaping the direction of the insurance industry in the Middle East today. Unique Features of MEIF 2010 KEYNOTE PLENARY SESSIONS The high-profile platform where international leaders tackle the big picture issues, the Keynote Plenary Sessions are highly valued by delegates and play a significant role in generating new strategic insights into industry trends. FACILITATED INTERACTIVE DEBATES By utilising the investigative talents of the cream of professional interviewers as our session Moderators, such as BBC HARDtalk s Tim Sebastian and leading Business Reporters from CNBC Arabia & Al Jazeera, we really probe the issues from all angles and ensure that it s not just another talk shop. Interactive debate between panelists and delegates is expertly facilitated by the Moderator often resulting in groundbreaking new insights. ROUNDTABLES This is an innovative session format designed to generate lively debate as industry leaders tackle the burning issues in the industry. MEIF 2010 will feature interactive Roundtable sessions on new growth markets and post crisis strategies. EXHIBITION The exhibition runs alongside the conference and provides a showcase for the latest developments in the industry, new financial services product launches and innovative solutions, with an emphasis on improving efficiency and performance. INTERNATIONAL INDUSTRY AWARDS The MEIF Awards are highly regarded as the pinnacle of professional achievement, recognizing excellence in the regional Insurance industry. Yours sincerely, David McLean Managing Director The 6th Annual Middle East Insurance Forum A MEGA Brand A MEGA Brand: Shaping the Future of the Middle East Finance Industry Since 1993 P.O. Box 72045, Dubai, UAE t f MEGA Brands. MEGA Clients. Market Leaders. MEGA BRANDS. MEGA CLIENTS. MARKET LEADERS. MEGA is the market leading business information firm focused on achieving business results for the Middle East banking & finance industry since The portfolio of MEGA brands represents the landmark industry conferences and our clients are the leading players in the international financial markets. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Middle East Finance Industry Since 1993

3 Confirmed Speakers at MEIF 2010: Engage the Industry Leaders H.E. Rasheed M. Al Maraj Governor Abdul Rahman Mohammed Al Baker Executive Director - Financial Institutions Supervision Yassir Albaharna Arab Insurance Group (Arig) Ahmed D. Alumran Executive Director Ensurion André Arrago Hannover ReTakaful Jamil R. Bahou Crescent Global Group Myrna A. Barakat Managing Director MB Corporate Advisory Nick Charteris Black Director - Global Financial Services A.M. Best Ashraf Bseisu, Bahrain Insurance Association & President, General Arab Insurance Federation (GAIF) Tony Ferguson Vice President EMEA Unirisx Darren Jordon Senior Presenter Al Jazeera English Jean-Louis Laurent Josi Gulf & Middle East AXA Insurance (Gulf) B.S.C.(c) Shankar Garigiparthy Director, Insurance Supervision Qatar Financial Centre Regulatory Authority Cyril Garbois Principal - Head of Middle East Financial Institutions Practice A.T. Kearney Jithesh K. Gopi Head of Research Securities and Investment Company B.S.C Rafiq Halani General Manager- General & Health Takaful Salama Islamic Arab Insurance Co. (P.S.C) Gamal Hamza Head of Business Development Trust International Insurance and Reinsurance Company B.S.C. Trust Re Peter Hodgins Clyde & Co LLP Robert Peilow Managing Director Strategic Account Solutions Middle East Willis Limited Gopinath Rao General Manager Solidarity Family Takaful BSC Shakeel Sarwar Head of Asset Management Securities and Investment Company B.S.C Mohammad A. Al-Shayea Director of Insurance Supervision Saudi Arabian Monetary Authority Sivam Subramaniam Editor-In-Chief MiddleEast Insurance Review & Asia Insurance Review Dr. Abdul Rahman Khalil Tolefat Allianz Takaful B.S.C. Giles Ward Regional Managing Director MENA ACE Insurance MENA Jonathan Patrick Wilton ACR RETAKAFUL MEA International Industry Awards: MEIF 2010 MEIF 2010: The Insurance Company of the Year Award recognizes a leading institution that has demonstrated outstanding achievements and institutional excellence in major performance areas. Key criteria include innovative products and services that have substantially advanced the regional insurance industry and/or outstanding financial performance resulting from excellence in its operations. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Middle East Finance Industry Since 1993

Strengthening Industry Foundations: Back to Basics Day One Sunday 7th February 2010 08:00 to 09:00 Registration and Refreshments 09:00 Official Opening of the 6th Annual Middle East Insurance Forum

4 Strengthening Industry Foundations: Back to Basics Day One Sunday 7th February :00 to 09:00 Registration and Refreshments 09:00 Official Opening of the 6th Annual Middle East Insurance Forum :00 to 09:05 Welcome & Moderator s Opening Remarks Darren Jordon Senior Presenter Al Jazeera English 09:05 to 10:30 Session 1: Opening Keynote Plenary: Strengthening Industry Foundations - Defining the Next Phase of Development for the Regional Insurance Markets a). Regulatory Perspectives: Keynote Speaker: H.E. Rasheed M. Al Maraj Governor b). Industry Leaders Perspectives: The Development of Global Reinsurance after the World- Wide Financial Crisis André Arrago Hannover ReTakaful The Arab Insurance Markets Navigating to Safe Harbor Ashraf Bseisu, Bahrain Insurance Association & President General Arab Insurance Federation (GAIF) AXA Lesson for the Worldwide Crisis Jean-Louis Laurent Josi CEO Gulf & Middle East AXA Insurance (Gulf) B.S.C.(c) The Way Forward from a Broker and Client Point-of-View Robert Peilow Managing Director Strategic Account Solutions Middle East Willis Limited Lessons from the global financial crisis: What can regulators do to further strengthen the insurance market? What are the new risks and opportunities in the Middle East insurance markets? Tapping new growth curves: What is the future outlook for industry growth beyond the current recessionary environment? Tackling the challenge of current low insurance penetration levels in the Middle East Competition and consolidation in the regional insurance industry: Assessing the scope for mergers and acquisitions to strengthen capabilities 10:30 to 11:00 MEIF Exhibition Opening & Refreshment Break 11:00 to11.40 Session 2: Product Development & Underwriting Trends in the Middle East: Assessing the Potential for Recovery & Growth in Key Products and Market Segments Sivam Subramaniam Editor-In-Chief MiddleEast Insurance Review & Asia Insurance Review Speaker: Opportunities for Middle East insurers to leverage underwriting as a differentiation tool Cyril Garbois Principal - Head of Middle East Financial Institutions Practice A.T. Kearney Life Insurance Health Insurance Construction Insurance Motor Insurance Commercial Insurance Takaful Underwriting and Actuarial issues Achieving competitive advantage by properly assessing and pricing risk to Session 3: Roundtable Debate: Beyond the Crisis Towards Stronger Reinsurance Capabilities in the Middle East Yassir Albaharna Arab Insurance Group (Arig) Panelists: Jamil R. Bahou Crescent Global Group Giles Ward Regional Managing Director MENA ACE Insurance MENA Gamal Hamza Head of Business Development Trust International Insurance and Reinsurance Company B.S.C Trust Re Nick Charteris Black Director - Global Financial Services A.M. Best Assessing regional reinsurance trends in a recessionary climate Tackling the challenge of the comparatively low levels of reinsurance cessions to regional players International trends in reinsurance in the wake of the crisis in international financial markets Assessing the future outlook for the Re-Takaful market 12:30 to 13:20 Session 4: Investment Strategies Roundtable: Optimising Asset / Liability Management in a Turbulent Environment Jithesh K. Gopi, CFA Head of Research Securities and Investment Company B.S.C Shakeel Sarwar Head of Asset Management Securities and Investment Company B.S.C How are insurance players revising their investment strategies in light of the turmoil in the international financial markets? What approaches are investment managers now recommending to their clients? 13:20 to 15:00 Conference Luncheon hosted by the 15:00 to 16:00 Session 5: The MEIF Networking Zone Join the speakers and fellow delegates for discussions and refreshments in a relaxed and interactive environment 19:00 to 21:00 Gala Dinner Hosted by BIA (20:00) MEIF Award Ceremony 21:00 Close of Day 1

5 Day Two Monday 8th February :00 to 09:00 Registration and Refreshments 09:00 to 09:05 Moderator s Opening Remarks Darren Jordon Senior Presenter Al Jazeera English 09:05 to 10:00 Session 6: Corporate Governance - the Way Forward: Risk & Regulatory Imperatives in the Middle East Insurance Industry Abdul Rahman Mohammed Al Baker Executive Director - Financial Institutions Supervision Mohammad A. Al-Shayea Director of Insurance Supervision Saudi Arabian Monetary Authority SAMA Exploring the new regulatory initiatives and discussing the impact of these initiatives on the Middle East Insurance Industry Shankar Garigiparthy Director of Insurance Supervision Qatar Financial Centre Regulatory Authority Lessons Learned: How the Global Crisis Has Reshaped the Insurance Business Model and the Corporate Governance Considerations Myrna A. Barakat Managing Director MB Corporate Advisory Revisiting the role of regulatory bodies in promoting a strong regional insurance sector Lessons from international regulatory initiatives What further initiatives can now be undertaken to further strengthen the regulatory environment? Ensuring strict corporate governance standards in the industry Managing the risk of fraud in a recessionary climate 10:00 to 10:45 Session 7: Assessing Growth Prospects in Key Middle East Insurance Markets Gopinath Rao General Manager Solidarity Family Takaful BSC Rafiq Halani General Manager- General & Health Takaful Salama Islamic Arab Insurance Co. (P.S.C) Outlook for a New Decade Peter Hodgins Clyde & Co LLP Market Innovations for Insurance Services Tony Ferguson Vice President EMEA Unirisx Insights into exciting new growth markets for Insurance services, with a special focus on GCC Countries. 10:45 to 11:15 MEIF Exhibition Viewing & Refreshment Break 11:15 to Session 8: Defining the Role & Opportunity for Captives in the Middle East Insurance Market Speaker: Captive Insurance Strategies Ahmed D. Alumran Executive Director Ensurion Nature, role and potential benefits of Captive Insurance What role can Captive Insurance play in the Middle East market? Client case study: A fresh look at captives as an investment opportunity 11:30 to 12:15 Session 9: Assessing the Future Outlook for the Takaful Industry: Poised for Growth? Dr. Abdul Rahman Khalil Tolefat Allianz Takaful B.S.C. Assessing the Future Outlook for the Takaful Industry Jonathan Patrick Wilton ACR RETAKAFUL MEA 12:15 to 13:00 Session 10: MEIF 2010 Closing Summary Debate: Positioning the Industry for Recovery An interactive debate on the latest developments, challenges and opportunities for the insurance industry in the Middle East. Ashraf Bseisu Deputy Solidarity Group Holding Company Panelists: Jamil R. Bahou Crescent Global Group Giles Ward Regional Managing Director MENA ACE Insurance MENA Peter Hodgins Clyde & Co LLP Emerging from the global economic crisis: How is the Middle East insurance industry positioned for recovery? Is the region poised for a major growth spurt, and what kind of growth rates can we expect to see in key market segments of the insurance industry? What will be the new drivers of growth in the industry? What will the Middle East insurance industry and the market leaders look like in the next 5 years? 13:00 to 14:30 Conference Luncheon 14:30 Close of the 6th Annual Middle East Insurance Forum 2010 Sponsorship & Exhibition Opportunities Special Delegate Packages MEIF 2010 is a high-profile platform that will ensure high-impact brand visibility and a unique opportunity to nurture key client relationships in a substantive and issue-driven programme. For details on how your organisation can join the market leaders at MEIF 2010 please contact Sophie Shah at sophie@megaevents.net Secure your place today and join more than 400 industry leaders to chart the future direction of the regional insurance industry. To receive a group delegate package, please Andrew Chopra at andrew@megaevents.net Strengthening Industry Foundations: BACK TO BASICS

6 REGISTRATION FORM Please complete and fax back to Registration fees: Standard Rate USD 2195 Discounts for above Five or more delegates from the same organisation - 20% discount Government delegates - 20% discount Media Media - Free upon accreditation For registration contact Andrew Chopra - andrew@megaevents.net 6th Annual 7 & 8 February 2010, Gulf Hotel, Kingdom of Bahrain Special Delegate Rates: ONLY for Bahrain Insurance Association (BIA) Members - $795 To avail this special rate contact: Andrew Chopra andrew@megaevents.net Please make the following reservations on my behalf: Company Name: Tel: Fax: Address: INDIVIDUAL BOOKING Full Name: Mr/Mrs/Ms: Mobile No.: Job Title: Group Booking Mr/Mrs/Ms Full Name Job Title Mobile No. 1 st Delegate 2 nd Delegate 3 rd Delegate 4 th Delegate 5 th Delegate THREE EASY PAYMENT METHODS 1. Credit Card Visa Master Card Amex Diners Number: Alpha Code: Expiry Date: Amount: Card Holder s Name: Billing Address: Signature: VENUE, ACCOMMODATION & VISA Venue: For Amex only The Gulf International Convention Centre Gulf Hotel, Kingdom of Bahrain 2. Cheque: Send a crossed cheque payable to MEGA along with the completed registration form. 3. Bank Transfer Please remit payment to the following account: Quote Reference: C154 USD Account No.: Account Name: MEGA Swift Code: EBILAEAD Bank: Emirates Bank International, Jumeirah Branch, PO Box 11909, Dubai, UAE In the event of cancellation: Registrants who are unable to attend may send a substitute delegate at any time. No refunds can be made, although a replacement delegate is always welcome at no extra cost. Simply notify our office of the change. MEGA reserves the right to alter the programme or change the speakers in the event of unforeseen circumstances. Accommodation: Gulf Hotel, Kingdom of Bahrain Tel: / Fax: rgc@gulfhotelbahrain.com Please quote reference MEIF to access the corporate rate. Please ensure early hotel booking as large international and regional delegations will be attending the conference. Book before 7th of January 2010 to take advantage of the corporate rate, after which the rooms will be subject to availability. Visas: The Hotel will assist in obtaining visas; this may take several weeks. Participants are required to make their own Hotel room booking and visa arrangements by directly contacting the Gulf Hotel, Bahrain. Please complete and return to: Middle East Insurance Forum PO Box 72045, Dubai, UAE Tel: , Fax: meif@megaevents.net or Register Online at Strategic Media s Strategic Insurance Media Strategic Broadcasting Media Investment Community Online Media s GULF INSURANCE REVIEW Media Associates

Building Scale: Fresh Thinking to Boost the Efficiency, Profitability & Scale of Islamic Cooperative Insurance Players

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