7th Annual Emerging Markets Trade & Political Risk Conference

Event Review

The world's emerging market specialists were in attendance for Exporta's 7th Annual Emerging Markets Trade & Political Risk Conference, which was held at the Willis Building in London on May 12th.

A gathering of leading insurance brokers, underwriters, trade and commodity finance bankers, lawyers and various other key actors were in attendance to discuss the shifting global economic landscape, with emerging markets now seen as the principal growth area for global trade and political risk a paramount area for concern.

Observations were made throughout the day on the political risk insurance market, the appetite for trade finance within emerging markets, the role of ECAs and multilaterals, the impact of Basel II, capacity issues within the reinsurance market, as well as highlighting particular areas of concern within the Gulf, Eastern Europe, Sub-Saharan Africa and Latin America.

Following a full day’s discussion, which incorporated strong debate, detailed presentation content and networking, a special evening reception took place, providing a more informal setting for delegates to discuss the abundant business opportunities available within emerging markets, and to consider what the future holds.

Description

Exporta's Emerging Markets Trade & Political Risk Conference in London has established itself as the leading event of its kind, with the seventh annual gathering of leading experts and decision makers set to take place on May 12. With global economic recovery forecast but with many in the market still feeling the effects of the last two years, this conference provides the ideal opportunity for the trade finance community to consider whether there is still indeed an appetite for doing business within emerging markets.

Topical themes to be covered during the conference will include:

• Observations on the political risk insurance market and future predictions
• Appetite for trade finance within emerging markets
• The role of ECAs and multilaterals in meeting increased demand
• Assessing the impact of regulatory measures such as Basel II on emerging markets trade
• Recovery strategies and legal implications
• Capacity levels within the reinsurance market
• Global political risk priorities: CEE, GCC, Africa and Latin America

 Who should attend?

• Exporters
• Importers
• Traders
• International financiers
• Policy advisors
• Brokers
• Local and regional bankers
• Multilateral agencies
• Insurers
• Lawyers

Event Photos

Brochure

Programme

08.15 Registration and coffee

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

09.00 Observations on the private PRI market: what does the future hold?
Price Lowenstein, President & CEO, Sovereign Risk Insurance
Louis Habib-Deloncle, Chairman, Garant Insurance

• Did the product respond as expected?
• Is PRI now a more valuable risk mitigant than before the crisis?
• How did the reinsurance markets fare and what is the future outlook?

09.40 Panel discussion: Trade finance in emerging markets: is the appetite still there?
Moderator: Ian Henderson, Director, Texel Capital
Kris Van Broekhoven, Regional Head of Structured Commodity Trade Finance, EMEA, Deutsche Bank~
Colin Heritage, Managing Director, Stemcor Trade Finance
Bernie de Haldevang, Head of Financial Lines, Aspen Insurance
Geoffrey Wynne, Partner, Denton Wilde Sapte
Ian Stern, Director, Africa, Global Structured Commodity Finance, Crédit Agricole CIB
Olivier David, Head of Special Products, Atradius Credit Insurance

• Themes for 2010: refinancing of previous deals within recovered capital markets
• Where does the current climate leave the smaller operators?
• Commodity flows: is there enough liquidity in the market?
• How has the availability of trade finance impacted prices within emerging markets?
• Is there enough capacity to provide sufficient coverage within the current climate?

10.30 Networking break

11:00 Panel discussion: ECAs: meeting an increasing demand
Moderator: Topi Vesteri, Executive Vice President, Finnvera
Marc Murcia, Head of Medium and Long Term Department, Coface
Khemais El-Gazzah, Operations Director, Islamic Corporation for Insurance of Investments & Export Credits (ICIEC)
Kimberley Wiehl, Secretary General, The Berne Union
Herbert Wight, Director, SERV Swiss Export Risk Insurance

• Compensating for the exit of many banks from the export finance market
• Enhancing capacity through new products and direct lending
• Going outside the national interest: where does the line blur?
• Working alongside the private sector and other multilaterals
• Are ECAs fulfilling their potential and what does the future hold?

11.50 Multilaterals: where do they fit in?
Moderator: David Neckar, Product Development Director, Political & Credit Risks, Willis
Abdel Rahman El-Tayeb Taha, General Manager, Islamic Corporation for Insurance of Investments and Export Credits (ICIEC)
Rudolf Putz, Head, Trade Facilitation Programme (TFP), European Bank for Reconstruction & Development (EBRD)
Hyung Ahn, Senior Investment Officer & Head of GTLP Programme, IFC Global Financial Markets
Steven Beck, Head, Trade Finance, Asian Development Bank

• Tracking the progress of programmes such as TFP and GTLP
• The evolving role of such initiatives in providing guarantees and risk sharing
• Working in line with ECAs and the private insurance market

12.30 Panel discussion: What next for Basel II?
Moderator: John MacNamara, Managing Director, Structured Commodity Trade Finance, Deutsche Bank
Neil Ross, Senior Vice President, Trade Credit, Chartis Insurance UK
James Parsons, Portfolio Manager, BlueCrest Capital Management~
Charles Berry, Chairman, BPL Global

• Assessing the impact of Basel II on working capital management
• Challenges faced in assessing and managing credit risk receivables
• Providing consideration to the low-risk nature of trade finance assets
• Predictions: when are we likely to see Basel III?

13:15 Lunch

14.30 Recoveries from a legal perspective
Tony George, Senior Partner, Ince & Co.
Ben Ogden, Partner, Ince & Co.

• Anticipate default: law and jurisdiction agreements and investment treaties
• Laying off risk with insurance
• Dispute resolution: court, arbitration and mediation
• Security and enforcement

15:05 Maximising recovery
Wieger Wielinga, Director, Omni Bridgeway

• Claim intelligence and asset tracing: analysis of opportunities and risks and available procedures
• Identification and selection of assets that can be used for enforcement
• Knowing your intermediary: anti-corruption regulation and enforcement
• Litigation funding: obtaining "smart money" from the investor

15.30 Panel discussion: What now for the reinsurance market?
Moderator: Mark Jenkins, Executive Director, Willis Re
Winfried Knust, Head of Credit, Bond & Political Risk Reinsurance, Aspen Re
Nicholas Robinson, Political Risks, Terrorism & Trade Credit Underwriter, MarketForm
Julian Edwards, Head of Political Risk & Credit, Ace Global Markets

• Assessment and discussion on the 2010 treaty renewals
• Capacity levels and their impact on keeping prices low
• Tracking the 2009 improvement in loss ratios
• Outlining best practice and assessing appetite for risk
• Is there room for new players?

16:10 Networking break

16.40 Latin America in 2010-2011: more Venezuela or more Chile?
Keith Martin, Director of International Trade & Investment, Aon Brazil

• A survey of trends in risks facing investors into Latin America's Big 5 (Brazil, Mexico, Argentina, Venezuela and Colombia)
• Considering the 'Brazil Decade' - presidential elections, the pre-salt oil fields, World Cup, Olympics
• Analysis of the new dynamics of Latin America's economy: homegrown multinationals investing outwards and diversifying exporters
• What does this mean for global competition?

17:05 Panel discussion: ‘Hot topics’ – political risk priorities around the globe
Moderator: Jan Randolph, Director of Sovereign Risk, IHS Global Insight
Elizabeth Stephens, Head of Credit & Political Risk Analysis, Jardine Lloyd Thompson
Martin Stone, Head of Middle East & North Africa, The Risk Advisory Group
Teymur Huseynov, Head of Eurasia Division, Exclusive Analysis
Gaimin Nonyane, Senior Econommist, Africa Desk, Country Risk Services, Dun & Bradstreet (D&B)

• Central & Eastern Europe: debt restructuring in Kazakhstan, recovery in Russia
• Middle East: assessing the post-Dubai landscape and addressing transparency concerns
• How has instability in Nigeria impacted the rest of the world and what will happen next?
• Resource nationalism: how much of a threat do such policies pose to global trade?

17.45 Chairman’s closing remarks followed by evening reception

Venue

Accommodation

Delegates are responsible for the arrangement and payment of their own travel and accommodation.  If you require assistance to locate a hotel near to the venue, please contact us at events@exportagroup.com or Tel: +44 (0)20 8673 9666.

Sponsors

Sponsorship opportunities including exhibition stands are available for this event.

To become a sponsor, please contact Tom Whitehead, Head of Sponsorship Sales at twhitehead@exportagroup.com.

Exporta's events have a global reputation, renowned for superb networking opportunities and educational presentations by high-profile speakers.

Time after time our events attract the leading companies in our market as sponsors.

See below for a full list of our Event Sponsors, Institutional Partners and Media Partners and click on the logo to visit their web site. 

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