| 08.00 |
Breakfast Briefing (by invitation only) |
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| 09.00 |
Registration And Morning Coffee |
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| 09.30 |
Opening Remarks From The Chair |
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| 09.45 |
The 2010 Budget: New Opportunities For Improving The Saudi Insurance Investment Environment
The 2010 budget underscores the government’s continued determination to support economic activity even in the face of early signs of global recovery and is designed to sustain the Kingdom’s track record of impressive macroeconomic stability. This session will
discuss:
• Strategies to support the investment momentum and ensure economic stability
• How the budget benefits the institutional investor
• Economic strategy and liberalisation: Bringing more private capital into infrastructure development
• The latest developments of the Saudi debt capital market |
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| 10.30 |
Stimulating Market Growth: Capitalising On Low Penetration Of Life Insurance In the GCC
• Is life the fastest growing product line in the GCC?
• What types of individual life products work in this market?
• Is banctakaful or direct sales the better approach forconsumers?
• The challenges and opportunities facing the life insurance industry
• Individual versus group life – margins versus competition?
• Success stories in the Middle East on the growth of life insurance/Takaful |
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| 11.30 |
Morning Refreshments And Networking Break |
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| 12.15 |
Creating A Collaborative Working Relationship Between Insurance Companies And Brokers: Introducing Standard Wordings
• Raising industry awareness of possible pitfalls when standard wordings are not sued
• Ensuring accurate policy phrasing to avoid misinterpretation of coverage
• Identifying the inherent risk potential when standard wording are not used
• Removing the potential for gaps in coverage for all stakeholders |
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| 12.45 |
The Value Of Enterprise Risk Management Framework In An Insurance Operation
• Understanding how ERM adds value to your organisation
• Exploring the impact of regulating agency actions on ERM practice
• Identifying the importance of ERM concepts in developing a robust financial system
• Addressing the general lessons that can be learned to improve the modeling and management of risk
Chris Charman, Senior Executive,Business Development, HSBC Insurance Management, UK |
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| 13.15 |
Lunch And Networking For Delegates And Speakers |
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| 14.30 |
Moving Toward Consolidation: Mergers And Acquisitions At The Forefront Of Business Expansion Plans
• Creating a market stronghold by exploring the business potential that mergers and acquisitions offer
• Remaining open to the possibility of an M&A to position your company for long term growth
• Foreign Investment: Could taking an international partner help to fend off the competition?
• Strengthening your presence: Can investment in M&A help develop complimentary earning streams and realise opportunities for cost-savings? |
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| 15.30 |
Afternoon Refreshment And Networking Break |
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| 16.00 |
Future Growth Opportunities in the GCC: Focusing on Qatar And Kuwait
Qatar:
Outlook 2011 – The Year Of Development For The Personal Lines Sector, Compulsory Ex-Pat Heathcare – Both? 15 Minutes)
Kuwait:
Establishing An Independent Insurance Regulator (15 Minutes) |
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| 16.30 |
Insurance Open Forum Around The GCC
This final closing forum will bring together speakers from the two days who will share their finial thoughts on the state of the GCC’s insurance industry. Representatives from insurance and reinsurance, regulators and country specific panelists will join forces one last time to put to rest any final issues before bringing the GCCi Forum to a close. |
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| 17.30 |
Closing Remarks From The Chair |
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| 17.35 |
Close Of The GCCi Forum |
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