Conference Day One


08.30 Registration And Refreshments
   
09.15 Opening Remarks From The Chair
   
 

LEADERS PANEL

09.30 The Current State Of The GCC’s Insurance Industry: Identifying And Capitalising On New Growth Opportunities
The biggest names in the Gulf’s insurance industry will join together to set the scene of the Middle East insurance sector and discuss how they have overcome the financial challenges that last year’s turbulent economy presented. They will also share their views on future growth prospects in the Middle East and how macro-economic conditions have shaped their agendas for the coming year.
   
10.30

Morning Refreshments And Networking Break

   
 

TAKAFUL/RETAKAFUL

11.15 The Elements Of An Effective Takaful Model
• Identifying the need for an operational model in Takaful
• Discussing the essential elements of a Takaful model
• The practice of insurance companies in the GCC with regard to Takaful models

Ajmal Bhatty, CEO, Takaful, Tokio Marine Middle East, UAE
   
 

PANEL DISCUSSION

11.45 Review Of The Regional Reinsurance And ReTakaful Landscapes: Opportunities In A Changing Environment
• The current state of the ReTakaful market across the GCC
• Where do conventional reinsurers currently stand in the Islamic insurance market?
• Identifying new opportunities for conventional and ReTakaful insurers in a rapidly developing market
• Exploring a mechanism for an active role in ReTakaful in the Islamic financial system
   
 12.45 Lunch And Networking For Delegates And Speakers
   
 

FOCUS BY REGION

14.00 Identifying The Newest Opportunities Created By The Latest Developments In Regional Insurance Markets

Kingdom Of Bahrain
Fueling further growth through the implementation of compulsory health insurance (15 minutes)

Sultanate of Oman
Agricultural Insurance: A new area of focus for the Industry (15 minutes)

Kingdom of Saudi Arabia
Higher margins on lower volumes: Fire, engineering, marine, accident and liability (15 minutes)

United Arab Emirates
Driving the next phase of the market: Discussing the Insurance Authorities evolutionary next steps (15 Minutes)

Regional Round-Up Q & A Discussion (30 minutes)

This session will showcase presentations from the different regional experts on the newest opportunities and latest developments by region. Following the short overviews (5 slides max) the speakers will join a discussion panel.
   
15.30

Afternoon Refreshments And Networking Break

   
16.00 Remaining Buoyant In A Time Of Global Economic Change: Positioning The Insurance Industry For Success
• Identifying successful strategies to move from minimum standard to best practice achievement within the insurance industry
• Creating KPI’s and establishing benchmarks that lead your organisation to success
• Understanding and capitalising on under developed and untouchable products
• Building awareness among all stakeholders to enhance the insurance industry

Regional Panel Of Experts From:
• Kingdom Of Bahrain
• Sultanate Of Oman
• Kingdom Of Saudi Arabia
• United Arab Emirates
   
16.30 The Role Of Actuaries In Stimulating And Managing Growth Of Insurance In The GCC
• Examining the role of actuaries under authority requirements
• Capitalising on low market penetration through the use of actuaries
• Identifying how actuaries can manage growth in business risk/reward assessments

Regional Panel Of Experts From:
• Kingdom Of Bahrain
• Sultanate Of Oman
• Kingdom Of Saudi Arabia
• United Arab Emirates
• Kuwait
• Qatar
   
17.00 Captive And Formal Insurance: How Do They Co-Exist In The Same Market?
• Discovering the advantages of business enterprises incorporating captive insurance strategies
• Making a case for captive and formal insurance: Which is the best for accurately assessing risk?
• Understanding your exposures to more effectively balance your risk
   
17.15 Closing Remarks From The Chair
   
17.20 Close of Day 1