European Insurance Forum 2009
PROGRAMME - MARCH 30
| 08.25 - 08.30 WELCOME ADDRESS Sarah Goddard, CEO, DIMA 08.30 – 09.00 KEYNOTE ADDRESS Eoin Ryan, MEP, European Commission 09.00 – 10.30 SOLVENCY II: EVOLUTION OR REVOLUTION? (Presentations & Discussion Panel) The evolving European regulatory landscape Is Solvency II the right solution to the current regulatory challenges? The devil is in the detail; the directive provides the framework, but what will hang off it? Is Solvency II up to the challenge of the new regulatory demands? Sarah Goddard, CEO, DIMA Ben Carr, Insurance & Pensions Unit, European Commission Dick Tulloch, Director, Actuarial Services, Deloitte Paul O' Connor, Head of Wholesale Banking, Irish Banking Federation Colm Fagan, Chairman, IFSC Insurance sub-group on Solvency II, Q & A 10.30 – 11.00 COFFEE BREAK 11.00 – 11.45 WHAT DOES SOLVENCY II DO FOR YOU – THE BUYERS PERSPECTIVE (Presentation) Guenter Droese, Risk Manager, Deutsche Bank Q & A 11.45 – 12.45 GLOBAL REGULATION – A UTOPIAN IDEAL? (Presentation & Discussion Panel) Are we moving towards the necessity of a global regulatory system for re/insurance? Is the new European system becoming the de facto regulatory system? Can supervisors operate in perfect harmony? What are the prospects for countries or jurisdictions with non-risk based regulatory regimes? Is current framework / Solvency II sufficient? International College of Supervisors – Can a single system address to every country? James Deeny, Senior Advisor, Financial Services, Invest Northern Ireland Professor Ray Kinsella, Professor of Banking & Financial Services, UCD Sonja Foley, Director Regulatory Advisory Services, KPMG 12.45 – 14.00 LUNCH 14.00 – 14.25 CREDIT CRISIS – A GLOBAL OVERVIEW (Presentation) Jim Power, Chief Economist, Friends First Q & A 14.25 – 15.25 CREDIT CRISIS – DIRECT & INDIRECT IMPACT ON RE/INSURANCE MARKETS (Discussion Panel) Mergers & Acquisitions Disclosure requirements How have re/insurers investments been affected by the crisis? Has the credit crisis led to the long-awaited hardening of markets? Countercyclicality - what strategies have been/could be used by re/insurers to mitigate the damage? Capital adequacy in troubled waters Rating agencies - saints, sinners or gullible stooges? Will ratings continue to influence buying decisions? What do re/insurers have to look forward to in terms of regulatory and disclosure requirments in the future? How will they manage? Will the CRO be the king of the castle? Who will be the CRO? Sarah Goddard, CEO, DIMA John Charman, CEO & President, AXIS Capital Holdings Ltd Michael O' Halleran, Executive Chairman, Aon Benfield Costas Miranthis, Chief Executive, PartnerRe Global Hubert Brandts, Partner, Hines & Associates Ltd Ian Maybury, Senior Actuary, Redington Partners LLP Q & A 15.25 – 15.55 COFFEE BREAK 15.55 – 16.45 CREDIT CRISIS – IMPACTS FOR THE INSURANCE BUYER AND CAPTIVES (Presentation) Caveat emptor? What does the buyer now need to be aware of? Are prices inevitably going to increase? Are terms and conditions seeing inexorable tightening? How does the insurance buyer/risk manager justify the market turn to the CFO? How does the CFO justify it to the board? Is capacity available or are some lines uninsurable? Are buyers retreating to "plain vanilla" or does the lack of capacity in traditional lines lead them to explore alternative risk financing/mitigating strategies? Richard Banks, Editor, Insurance Day Chris Lajtha, Owner/General Manager, ADAGEO Frederic Dhers, Corporate Risk Officer, Veolia Environnement Q & A 16.45 – 17.45 RISK MANAGER ASSOCIATIONS (Discussion Panel) Sarah Goddard, CEO, DIMA Julia Graham, Chairperson, AIRMIC (Chief Risk Officer, DLA Piper) Steve Fowler, Chief Executive, Institute of Risk Management Marie Gemma Dequae, President, FERMA Ray Green, Association of Irish Risk Managers 17.45 – 17.50 CLOSE – CHAIRPERSON FOR THE DAY Sarah Goddard, CEO, DIMA 17.50 DRINKS RECEPTION & Canapes Sponsored by RBC Reinsurance (Ireland) Ltd (Addressed by Dr. Garret Fitzgerald) |  .jpg)  .jpg){kind=small}               |