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8 th Middle East Energy Insurance Seminar Brings Together International And Regional Experts
Posted: 18 April 2005
The volatility of current world affairs – both political and economical – has a tremendous impact on the supply of energy, a subject that will be addressed in-depth at the 8 th Middle East Energy Insurance Seminar taking place in Dubai on 19 th and 20 th April.
The bi-annual seminar aptly entitled “Ensuring Supply in a Volatile World” is organised and hosted by Aon Corporation and brings together experts from top regional and global energy and petrochemical companies. Partnered by senior Aon executives the seminar will discuss a range of related subjects both, at the global and regional level. Aon Corporation is one the world’s leading global providers of risk management services, insurance and reinsurance brokerage and specialty insurance underwriting.
Dr. Omar bin Sulaiman, Director General, Dubai International Financial Centre will give the opening address followed by A.Latif Al Rayes, Chairman, Aon Middle East who will provide the regional perspective. Dennis Mahoney, Chairman and CEO, Aon Limited, will highlight energy trends in the global insurance and reinsurance market while Tim Fillingham, Chairman, Aon Energy, will review the 2004 energy market conditions and discuss what 2005 will bring. Edmund Sullivan, Editorial Director, Middle East Economic Digest will talk about the prospects for the region up to 2010.
The seminar will also highlight more specific subjects including risk differentiation and risk management strategy from the perspective of oil and insurance companies. Some of the other high profile speakers include Abdulrahman Jawahery, General Manager of The Gulf Petrochemical Industries Co. in Bahrain, Dr. Tamer Saka, Chief Risk Officer, Sabanci Holdings, Turkey. David Anderson from Shell Gas and Power in the Middle East, Bassam Hussain, General Manager, Doha Insurance Company, Richard Williams, Head of Engineering Underwriting, Swiss Re and James Ball, President & Chief Mentor of Gas Strategies, Gas Strategies Consulting Ltd.
The concluding segments of the seminar will feature a Q&A session followed by Robert Naudi, Consultant, Aon Limited who will provide his reflections on insurance in the Middle East region over the past 40 years that has been.
“The Middle East has about 65% of the world’s proven oil reserves, and there is no denying that the world today is unpredictable, whether we are talking about political, economical or even environmental issues and patterns,” said A.Latif Al Rayes, Chairman, Aon Middle East. “More than ever before, our seminar has become a useful platform to discuss and review energy trends and the insurance and risk management. A meeting such as this, attended by top experts in their fields, is an opportunity to share knowledge and best practices and be better prepared for the challenges ahead.”
Posted by Editor Pipeline Magazine
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