May 19, 2009
The Willis Building
London, United Kingdom

Standard Rate per Delegate: £517.50 GBP

08.30 Registration

09.00 Chairman’s opening remarks
David Neckar, Product Development Director, Political & Credit Risks, Willis

09.15 Insurance for emerging markets – key risk issues in 2009
Bernie De Haldevang, Head of Financial & Political Risks, Aspen Insurance

• Impact of the global downturn and credit crunch going forward
• Where and what are the risks?
• Political and credit risk demand and outlook for private insurers

09.40 Panel: Commodity flows in volatile markets
Moderator: Andy Lennard, Director, Texel
Thomas Holmes, Associate Director, Miller Insurance Services
Adrian Lewers, Underwriter, Political & Credit Risks, Beazley Group
Kris Van Broekhoven, Director, Structured Commodity & Trade Finance, Deutsche Bank
Suresh Advani, Portfolio Manager, Structured Trade & Export Finance, GML Capital LLP
Colin Heritage, Managing Director, Stemcor

• Pricing and availability of commodity finance during the liquidity squeeze
• Effects of fluctuating commodity prices on trade and insurance markets
• Can insurance markets provide sufficient cover capacity?
• Reducing risk in high-risk, high-demand markets
• Steel industry patterns

10.35 Insuring emerging markets risk: what can regional multilateral ECAs contribute?
Abdel Rahman Taha, General Manager, Islamic Corporation for Insurance of Investments and Export Credits

•  Multilateral ECAs: are they a solution in the credit crunch?
• ICIEC’s unique market positioning
• Advantages of sharia-compliant insurance 

11.00 Networking break

11.40 Panel: The world map – key regional risks
Moderator: Ian Henderson, Director, Texel Capital
Sven Tellefsen, Senior Manager, Eastern European Underwriting, Atradius
Price Lowenstein, President & CEO, Sovereign Risk Insurance
Xavier Denecker, Managing Director, Coface UK & Ireland
Paul Sanders, Vice-President and Regional Manager, Zurich
Steve Capon, Head of Country & Credit Risk Management, ACE Global Markets

• Risk guidelines for Emerging Europe
• Latin American risk hotspots and outlook
• Asian underwriting overview
• Credit and political risk in Africa
• Middle East flashpoints
• Claims and payout experiences

12.35 Political and trade credit risk insurance claims
Tony George, senior partner, Ince & Co

• Claims notification and presentation
• The investigation and review process
• The parties’ rights and duties in a claims situation and their best practice
• Issues and dispute resolution

1.00 Lunch

14.10 Panel: Official agencies – meeting the challenges of 2009
Moderator: Nick Robson, Head of Credit & Political Risk, JLT Solutions
Edith Quintrell, Director of Operations, Miga
Kimberley Wiehl, Secretary-General, The Berne Union
Diana Smallridge, President, International Financial Consulting
Topi Vesteri, Executive Vice-President, Finnvera
Jon Coleman, Assistant Treasurer, Export & Structured Finance, BAE Systems

• How ECAs’ role as insurer of last resort has been amplified in 2008-09
• Hurdles for delivering risk capital efficiently during the credit crisis
• Competition and the roles of ECAs and multilaterals and the private market
• Differences between ECA/official guarantee and an insurance policy
• Case studies of innovative ECA support
• Does ECA activity reflect additional government support during the crisis?
• Are claims on the horizon?

15.05 Private market virtues: strength and capacity post sub-prime
Charles Berry, chairman, BPL Global  

• Effect of the financial crisis on credit and political risk insurers
• Capacity level across the private market
• PRI market prospects
•  Pure political risks: political violence and investment insurance
•  Non-payment insurance: emerging market credit risk
• The PRI market in 2012

15.30 Networking break

16.00 Panel: Reinsurance – is political and credit risk still good business?
Moderator: Mark Jenkins, Executive Director, Willis Re
Elmar Scheider, Head of Credit Department, Munich Re
Winfried Knust, Head of Credit, Bond & Political Risk Reinsurance, Aspen Re
John Orchard, Managing Director, Credit, Bond & Political Risk, Guy Carpenter
Price Lowenstein, President & CEO, Sovereign Risk Insurance
Mike Holley, Head of Special Products, Atradius

Comments on the 2009 renewals

• Is this a normal market cycle?
• How to manage and secure reinsurance capacity over the cycle
• Does "Partnership" between reinsurers and primary clients still exist
• Quota Share or Excess of Loss - does the market have a preference?

16.50 Panel: Risk snapshots in mid 2009  
Moderator: Nick Robson, Head of Credit and Political Risk, JLT Solutions
Jan Fuchter, Director, Structured Trade & Project Finance, EFIC
Sam Wilkin, Senior Consultant, Oxford Analytica
Peter Sargent, Head of Trade Finance, ANZ Europe & Americas
Mike Holley, Head of Special Products, Atradius

• Resource nationalism: effect on trade and investment
• Supply chain disruption: which countries pose the biggest threat?
• Trade risk view from Asia’s key trading hub
• Secondary debt trading patterns
• Existing and potential global default volumes

17.30 Chairman’s closing comments

17.40 Close of conference