Our dynamic team collectively hosted over 100 meetings during the 16th edition of the SIRC conference, held this year under the theme “Winds of Change”.
Group CEO Talal Al Zain contributed to a panel discussion which debated “Reshuffling the Industry – How Insurers, Brokers and Reinsurers see each other’s Future Roles”. Joining Talal on the panel moderated by Herbert Fromme, Insurance Correspondent of Süddeutsche Zeitung were Jérôme Jean Haegeli (Group Chief Economist at Swiss Re), James Nash (MD at Guy Carpenter), Claudia Salem (Regional Property and Casualty CEO at Allianz Asia Pacific) and Devesh Srivastava (GM of GIC Re).
Trust Re team members joined the annual Baden-Baden Reinsurance Congress, a prominent event in reinsurers’ calendars where the market dynamics shaping the reinsurance sector are discussed alongside topics related to what reinsurers need to do in order to improve resilience.
Kamal Tabaja, Group COO, took part in a panel discussion also titled "New Economic Barriers in Afro Asian Insurance Markets" on the first day of the conference.
Trust Re delegates, Kamal Tabaja, Samir El Mouaffek, Sakher Al Khatib and Armenio Cumbana, were pleased to attend the 46th African Insurance Organisation (AIO) Conference & Annual General Assembly, held between 9 and 12 June 2019 in Johannesburg, South Africa.
The conference brought together experts from the insurance industry from around the world, and its theme for the year was Insurance Penetration in Africa: Insuring the Uninsured.
Trust Re was pleased to take part in the InsurTech & Microinsurance: The Next Revolution conference organised by the Pakistan Insurance Institute, which was held between 14th and 16th April 2019 in Karachi.
According to the organisers, the conference theme was chosen because microinsurance and its delivery depend on technology to fully realise the potential of the social benefits that it brings to the masses, especially in a country like Pakistan.
On the second day of the conference, Trust Re’s Group Chief Operating Officer, Kamal Tabaja, presented the topic “Redefining Micro-insurance” as part of a working session. Trust Re team members Abdulla Darwish, Underwriter – Treaty and Ahsanullah Amanullah, Underwriter – Property were also in attendance.
Conference delegates were from insurance companies, brokers, banks, microfinance institutions and loss adjusters from both Pakistan and abroad.
Under the patronage of Lebanon’s Ministry of Energy and Water, the 5th Lebanon International Oil & Gas Summit (LIOG), took place between 2nd and 4th April 2019 in Beirut. The FAIR Oil & Energy Insurance Syndicate, managed by Trust Re, was platinum sponsor of this successful event, which was organised around the slogan ‘A full stream of insights and opportunities’. Over 550 participants from 28 countries around the world, including top public and private sector officials, attended.
Participants benefited from insightful information and debate as well as dedicated networking opportunities. On the second day of the conference, Nabil Hajjar
Managing Director – FAIR Oil & Energy Insurance Syndicate and Senior Advisor to the Management of Trust Re chaired the session “Risk Mitigation & the Role of the Insurance & Reinsurance Industry”. The session focused on the inherent operational risks and challenges in the oil and gas industry and the vital role of the insurance sector in the transfer and mitigation of these risks.
Mr. Hajjar discussed “The importance of creating local capacities through Syndicates and Pools”. Contributing to the fruitful discussion were Nadjib Bouzeboudjen, Head of Energy & Engineering Trust Re who presented the topic “The Role of insurance & Reinsurance in the Energy Industry” and guest speaker Mr. George Kabban, CEO of UIB, whose topic was “A blueprint for Insuring Lebanon’s Hydrocarbon Future”. Ahmed Al Mahmeed, Underwriting Manager, FAIR Oil & Energy Insurance Syndicate, participated in the summit as a delegate.
In addition to the conference-registered participants, 50 Lebanese VIP insurance personalities were invited by the Syndicate/Trust Re to attend the session. The VIPs were granted full day passes to the sessions and were invited for lunch, which was sponsored by the Syndicate.
Members of the Trust Re team were pleased to support the 43rd General Assembly of FANAF (Federation of African National Insurance Companies) by attending the event in Tunis, held between 17th and 21st February 2019.
Organised under the auspices of FANAF, in close cooperation with the Tunisian Federation of Insurance Companies (FTUSA) and Tunis Re, this year’s conference had the theme of “What Market Structure to promote the development of African Insurance”.
Sub themes of basic market infrastructure, regulation and supervision, required human capital and financial aspects were discussed during four major panel sessions. Each of these aspects is critical to the transformations in the African insurance industry and its future development. The global participants also benefitted from opportunities to conduct business meetings and engage in dialogue.
Trust Re’s Head of Claims, John Matthews, attended the 8th Annual Insurance Claims Management Conference in Lisbon, Portugal on 24th & 25th January 2019. He took part in a panel discussion which debated the topic "Controlling the Cost of Claims".
Discussions and panels during the conference centred around the fact that efficient claims management is vital to the success of all companies working within the insurance sphere.
Again this year, Trust Re team was proud to participate in the India Rendezvous held at Taj Lands End in Mumbai between 22nd and 24th January 2019.
During the event organised by Asia Insurance Review and co-organised by GIC Re, participants (insurers, reinsurers and intermediaries) gathered to assess the state of the Indian insurance market and the world of reinsurance in India. The theme “Reinsurance: Disrupted” was considered very topical given the technological revolution, the era of disruptive innovation and the latest developments in the InsurTech and FinTech sectors.
As well as being a networking platform for insurers, brokers and reinsurers, the India Rendezvous has also come to be known as a thought- leadership platform since its initiation 12 years ago.
A delegation from Trust Re was pleased to attend the 15th Singapore International Reinsurance Conference (SIRC), which took place recently between 29th October and 1st November 2018 at the Sands EXPO & Convention Centre, Marina Bay Sands, Singapore.
Held under the theme “Reinsurance Reloaded”, conference delegates benefitted from the forum to meet and discuss topical issues and developments in the reinsurance market. Panel discussions and keynote addresses provided opportunities for further insight. Organised by the Singapore Reinsurers’ Association (SRA) and co-organised by the Reinsurance Brokers’ Association of Singapore (RBAS), approximately 1,000 delegates from around the world attended the event.
On the first day of the conference, Trust Re’s Head of Retrocession, Malcolm Fonseca, took part in a roundtable discussion hosted by Global Reinsurance, which focused on the links between Asian reinsurance and MENA business.
Furthermore, on 31st October, at a special luncheon hosted by Trust Re’s Labuan Branch General Manager Kevin Quek, the Company launched its Asia Market Survey “The Outlook for Insurance and Reinsurance in Asia”. Guests attending included members of the broking community, business partners and media.
With the theme “Spreading your Precious Ideas”, the rendezvous aimed to provide a unique opportunity for participants to benefit from the experience of different markets, in order to develop the Egyptian insurance industry. Participants totalled around 2,000 experts from the insurance and reinsurance field, with at least half coming from abroad. Discussions also centred on the challenges and opportunities in the Egyptian insurance and reinsurance markets.
Trust Re’s Group Chief Operating Officer, Kamal Tabaja, participated in a seminar called: Best practices and the neoteric of Global Industry “International Insurance Trends and Best Practices” alongside 4 other leading industry professionals.
A large delegation from Trust Re Group, representing Trust Re, Trust Insurance Management, Afro-Asian Assistance, the FAIR Oil & Energy Insurance Syndicate and Oman Re participated in the recent 32nd General Arab Insurance Forum (GAIF) conference.
Held under the high patronage of His Excellency the President of the Republic of Tunisia, in Yasmine Hammamet between 24th and 27th June 2018, the conference was held under the theme “Digital transformation and the Insurance Industry in the Arab World”. Several sessions throughout the conference, led by distinguished speakers, were delivered with the aim of examining how the insurance and reinsurance industry must engage in the digital revolution in order to better serve its clients and to ensure its own sustainability.
Trust Re was pleased to be golden sponsors of the 29th SorS conference held recently in Sarajevo, Bosnia. Taking place at Hotel Holiday from 6th to 8th June 2018, this year’s edition of the conference focused on “Education and Training – Key Foundation of Insurance Development”. Topics such as: the role of education in corporate venturing in insurance, the role of education in development of new products in insurance, education of insurance products consumers and current tendencies and processes in actuarial science and insurance development, were explored.
Included in the near-200 participants were representatives from Trust Re’s Cyprus Branch Office: Sinisa Lovrincevic – Cyprus Branch General Manager, Daniel Stanko – Senior Underwriter, Treaty and Theodoros Sofokleous – Deputy Underwriter, Treaty. Daniel presented “Investing in Human Capital at Trust Re” and both Sinisa and Daniel took part in round table debates (Cyber risk and Motor respectively).
The annual forum gathers more than 400 participants from over 20 countries, including representatives of all major European insurance and reinsurance companies. Participating at this year’s edition in Bucharest, from Trust Re were Sinisa Lovrincevic, Cyprus Branch General Manager and Domenico Esposito, Head of Surety Underwriting. Sinisa took part in a debate on the 2nd day of the forum called Reinsuring Nat Cat Risks Conference.
Trust Re was delighted to attend the 45th African Insurance Organisation (AIO) Conference & Annual General Assembly, which was held between 6 and 9 May 2018 in Accra, Ghana.
The conference brought together close to 1000 experts from the insurance industry from around the world, and its theme for the year was “Innovation, Risk, and the Future of Insurance in Emerging Markets”.
Trust Re’s Group Chief Operating Officer, Kamal Tabaja and Head of Claims, John Matthews attended the Onshore Energy Conference, Dubai which was held on 25th April 2018 at the Ritz Carlton DIFC under the theme “Considering a different landscape”.
In the capacity of moderator, Kamal introduced the morning sessions which were titled “Geopolitics as disruptor-in-chief for businesses in the Middle East”, “Blockchain: game changer or just another tech trend?” and “What does 2020 mean for the MENA Region? – Being Relevant is Being Prepared”.
In the MENA Claims Experience session, John gave a presentation “Middle East Claims Handling – The Route to World Class?” and participated in a panel discussion.
Trust Re was pleased to take part in the Willis Towers Watson China Renewable Energy Conference, held between 13 and 15 March 2018 in Hangzhou, China.
Melbourne Fonseca, Underwriter – Alternative Energy at Trust Re delivered a presentation entitled “Sustainable Risk Transfer for a sustainable future: adapting to change”. Melbourne’s presentation included an overview of Trust Re and its capabilities in the Renewable Energy sector. He also covered other topics, including the One Belt One Road (OBOR) project, which is estimated to generate several billion dollars in insurance premiums up to 2030, and discussed the current and future state of renewable energy in China. Focus was given to the risk management challenges associated with the various means of renewable energy production.
Jacky Xingchen, Trust Re’s Regional Manager for Greater China took part in a panel discussion about the opportunities, issues and solutions of the Renewable Energy Industry, the corresponding risk management and insurance support. Also debated was the role an international broker can play in order to promote the healthy development of this industry.
Sharing knowledge and participating in such initiatives is an integral part of Trust Re’s value-added services provision.
Trust Re team was proud to attend the Marsh Energy Industry Conference (EIC) held between 6th and 8th March 2018 at the Westin Dubai, Al Habtoor City. Formerly known as the National Oil Companies Conference, this year’s edition of the forum brought almost 600 delegates from 46 countries together to consider and debate key areas of risk under the theme “Rebooting the Risk Agenda”.
On the second day of the conference, Kamal Tabaja, Group Chief Operating Officer, Trust Re, was part of the Insurers Panel. Chaired by Dean Klisura, President, Global Placement & Specialties at Marsh, the panellists discussed critical areas of risk with emphasis on natural catastrophes, frontier technologies, process safety culture, cyber, big data, economies in emerging markets and climate change.
A delegation from Trust Re was pleased to attend the 2nd edition of the Dubai World Insurance Congress (DWIC) held on 27th and 28th February 2018 at the Jumeirah Beach Hotel, Dubai.
The Company was one of the platinum sponsors at the event, co-hosted by Global Reinsurance (GR) and the Dubai International Financial Centre (DIFC). Also in attendance with Trust Re were representatives from its subsidiaries Trust Insurance Management and Afro Asian Assistance, as well as from its partner company Oman Re. FAIR Oil & Energy Insurance Syndicate was also in attendance at the event.
More than 500 attendees from 35 different countries availed of the excellent opportunity to network, and of the business and thought leadership opportunities.
On the first day of the conference, Trust Re’s Head of Surety Underwriting, Domenico Esposito, participated in one of the (Re) Insurance Labs by giving an informative presentation about the potential for innovative thinking in Construction Insurance for the Belt and Road Initiative.
Trust Re prides itself on being a customer-centric organisation; having a footprint in Africa means the Company can engage even more closely with its business partners on the African continent.
Representatives from Trust Re, its fully-owned subsidiary Afro-Asian Assistance and FAIR Oil & Energy Insurance Syndicate were in attendance at the recent 11th India Rendezvous.
Held between the 17th and 19th January 2018 at the Taj Lands End Mumbai, this year’s event was co-hosted by GIC Re and Asia Insurance Review with the theme “The New World of Reinsurance in India”.
The annual conference is a trusted platform for both insurers and reinsurers to meet and discuss matters related to the Indian insurance and reinsurance markets, as well as wider developments such as InsurTech and FinTech.
Approximately 600 delegates attended the Rendezvous. India continues to be an important market for many companies, as exemplified by the decision of larger overseas players to set up in the country.