ASIA PACIFIC INSURANCE CONFERENCE

Transcription

1 WEDNESDAY 18TH OCTOBER 2017 ADIA WORKING PARTIES AIDA s Presidential Council has created Working Parties for the purpose of carrying out research in specific fields of insurance law and related matters. These are not to be missed sessions as they dive deeply into their area of focus with some of the best and brightest providing commentary on these important issues. Go to for further details 8.30am Climate and Catastrophe Personal Insurance and Pensions & Alternative Dispute Resolutions 10.30am Morning Tea Reinsurance 11.00am Distribution of Insurance Prof. Rober Merkin and Prof. Ian Enright (UK and AUS) How the back to back presumption applies to a life Reinsurance Treaty. Simon Cooper, INCE &Co Reinsurance Implications of Cyber Risk. Rosie Ng, Holman Fenwick Willan An overview of significant insurance regulatory developments in HK, the PRC and Singapore. Florian Kohler, Swiss Re Comparison of the disclosure regime for Reinsurance in the UK Insurance Act 2015 with prevailing rules in other jurisdictions. Lunch 1/4

2 WEDNESDAY 18TH OCTOBER pm Motor Prof Sara Landini (Italy) New Technologies in Motor Insurance. Ms Peggy Sharon (Israel) Aspects of Insurance relating to Autonomous Motor Vehicles. Giacomo Pongelli (Italy) How New Technologies are Changing Italian Motor Insurance. Marine Tom Shinya, Manager, Marine Underwriting Dept. Cargo Underwriting Group, Tokio Marine & Nichido Fire Insurance Company, Co., Ltd Blockchain and Cargo Insurance - will fintech change the future? Andrew Tulloch, Colin Biggers & Paisley Pty Ltd Marine Insurance in Australia -Evolution or Revolution? Dr. HAN, Yong Qiang, Research Fellow, Centre for Banking & Finance Law, National University of Singapore, Faculty of Law At the Conjunction between the East and the West-The Requirement of Good Faith for Marine Insurers in the Singaporean Context. Özlem Gürses, Reader in Insurance and Commercial Law, The Dickson Poon School of Law, King s College London The role of insurance in the offshore oil and gas industry. 4.00pm Afternoon Tea 4.30pm General Principles of Insurance Law State Supervision Issues on InsurTech, Prof P Marano (Italy) Robot Advisers & Insurance Distribution in the EU. A Prof K Noussia (UK) Autonomous Vehicles and Insurance Issues from a European Perspective A Signorino (Uruguay), New Winds in the Insurance Marketing and Distribution - The Latin American Perspective. Al Chistifilou (Greece) The Internet of Things & Insurance. A US speaker (TBC) Big Data and Distribution of Insurance Products in the US. 2/4

3 THURSDAY 19TH OCTOBER am Welcome David Lee, Conference Organiser Simon Goh, Conference Chair Official Opening 9.10am Keynote 1 The Honorable Justice Quentin Loh, Supreme Court of Singapore Regional Initiatives for insurance regulatory integration and developments in international dispute resolution. This keynote speech will cover the ASEAN Economic Community, in particular the ASEAN Insurance Forum, the insurance integration framework and how the insurance regulatory environment has changed and will continue to evolve in the Asian region. Particular attention will be paid to cross border litigation and showcase the new Singapore International Commercial Court as an example of effective international dispute resolution. 9.50am Keynote 2 Financial Services and insurance liberalisation Ms Luz Foo, Executive Director and Head of International Department, Monetary Authority of Singapore (MAS) Ms Foo will speak on financial services and insurance liberalisation within the ASEAN Economic Community am Keynote 3 The Honorable Justice Anthony John Meagher, Court of Appeal, Supreme Court of New South Wales Courts in International Insurance Disputes Justice Meagher, from the NSW Court of Appeal in Australia will talk on the evolution of the role of courts in international insurance disputes, the changes and developments underway am 11.40am Morning Tea and networking Panel CY Huang, Partner at Tsar & Tsar in Taipei Peter Shelford, Thailand Country Managing Partner, DLA Piper Winnie Wong, CEO Asia Insurance Jaya Taylor, AGCS, Regional Head Legal & Compliance ASIA Peter J Gregoire, AIG General Counsel, Hong Kong The changing regulatory landscape in Asia A multi disciplinary panel drawn from across Asia Pacific will discuss and debate what the regulatory changes mean for Insurers and other insurance industry participants 3/4

4 THURSDAY 19TH OCTOBER Continued 12.20pm Keynote 4 and Panel Simon Goh, Head of Insurance and Reinsurance, Rajah & Tann, Singapore The duty of utmost good faith - then and now - changing requirements for changing circumstances; 250 years after Carter v Boehm. 1. Assoc Prof Hwee-Ying Yeo, Insurance Law Professor, National University of Singapore; 2. Prof Robert Merkin, Lloyds Professor of Law, University of Exeter & Special Counsel DLA Piper; 3. Roger Traves QC, Immediate Past President Queensland Bar & Level 27 Chambers; 4. Mr Sakate Khaitan, Senior Partner, Khaitan Legal Associates, Mumbai. The panel will cover the UK position starting with the 1766 decision of Carter v Boehm and the situation now after the UK Insurance Act 2015 was enacted, the situation in Australia as well as select parts of Asia including Singapore, India and Hong Kong. Lunch Lunch time speaker Roseline Chow Koo, CXA. Frustrated by the lack of technology to meet unaddressed client pain points, Rosaline invested $5m of her savings and borrowed another $5m to build CXA. CXA now has 500 corporate clients, is valued at more than $100m with $33m in VC funding to expand to 10 countries across Asia. CXA Group brings evidence based wellness programs into the workplace to improve employee health and control healthcare costs. 2.00pm Keynote 5 Ashish Jain, Vice President & Managing Director AIR Worldwide, A Verisk Analytics Business Catastrophe Modelling Ashish will talk on the application of catastrophe modelling in underwriting, pricing, portfolio optimisation, claims, reinsurance structuring and enterprise risk management. 2.40pm Keynote 6 Cameron Green, CEO Willis Re Casualty Catastrophe - Managing casualty aggregation risks in APAC Cameron will talk on the work Willis Re has done on protecting against casualty cat events arising from a common cause. 3.20pm 4.00pm Afternoon Tea and networking Panel Leveraging exponential technologies to create new insurance products Led by David Piesse from Guardtime the panel will include Rosaline Koo, founder of CXA; Tom Ludescher, Helvetia, Singapore; An exponential technology is one that doubles in speed every year or halves in cost. Our panel will discuss the opprtunities which will arise from these technologies in the insurance industry. Just how can our industry utilise these technologies and embrace digital transformation. 4.30pm pm Cyber Simulation Andrew Mahoney of AON and Paul Jackson of Stroz Friedberg and others will provide a cyber-simulation. With the cyber attack surface increasing, threats changing on a daily basis, what does this mean for underwriters and claims handlers? 7.00pm Gala Dinner 1 End of Gala Dinner 4/4

5 FRIDAY 20TH OCTOBER am Keynote 7 Noel MacCarthy, CUO Global Casualty, Liberty International Underwriters Pricing and Profitability throughout APAC Current insurance market pressures and what the future holds. Soft market, GWP, Loss ratio s, emerging technologies and disruption - what does all this mean for insurance in Asia Pacific for insurance market participants. 9.40am Keynote 8 Ashish Jain, VP&MD AIR Worldwide, A Verrisk Analytics Business The Protection Gap Asia has growing populations, growing asset values and is prone to natural disasters and other global risks yet remains staggeringly underinsured. What product development is currently underway and what future prospects exist am 10.40am 11.00am Keynote 9 Short and Sharp Neil Campbell, QC, Barrister, Auckland. Inherent Vice exceptions to cover. How does the fundamental instability of a product affect insurability and cover? Keynote 10 Short and Sharp Supply chain dynamics - food and product safety in Asia. Ashish and AIR Worldwide present on the greatest supply chain risks in 2017 Morning Tea and networking 11.30am Keynote 11 Managing Business Interruption following a Cyber Attack - Phil Taylor (MDD) and Nick Sykes (Clyde) Cyber-attacks have the potential of disrupting businesses and their supply chains on a global basis. Whilst the effects of business interruption (BI) may be more apparent and historically modelled in a property insurance context, how are cyber risk policies addressing and insuring BI risks? Coverage varies and in this session we will consider examples of policy wordings and identify, with the assistance of illustrative calculations, the practical and monetary effects of those wordings. At the conclusion of the session, delegates should have a better understanding of the grey-areas and black holes of cyber BI coverage am Keynote 12 Managing Litigation Risks in the USA Meryl Liebermann, Partner, Traub Lieberman Straus & Shrewsberry Meryl will lead us through the current litigation risks in the USA and how underwriters and claims can best prepare. Lunch, networking 2.00pm Keynote 13 Marine Claims Across Asia Ian Anderson, RPC Legal & Mark cgurran, LOC Singapore Our speakers will cover current developments in the Marine sector including current claims environment, competitive pressures and consequences and the legal environment 2.30pm Claims Update Ben Nicholson, Ian Johnston and Andrew Cook. Kennedy s Singapore Insurance Claims across Asia Pacific. An update on recent cases and developments focusing on financial lines and the property and energy sectors. 3.00pm 3.30pm The Panel Wrap Ian Roberts, Clyde & Co, Singapore leading a Panel Discussion Ben Chin - Chubb Gary Clark - SMEC Peter Newall - Swiss Re Chay Wilkinson - Markel Managing Claims Across APAC - How do Claims Managers ensure service excellence across such a diverse region? Conference Finish 5/4