Re-Thinking The Takaful Model
Day One: 17th February 2015
08.30 – 09.00 | Arrival & Registration |
09.10 – 09.20 | Welcoming Remarks – Inaugural Address |
Chair: Dr. Alberto Brugnoni, Managing Partner, ASSAIF | |
Welcome Remarks | |
Salah Eldin Musa Mohamed, Vice President – IFTI | Director – ICMIF | Chair – ICMIF Takaful Network| Managing Director – Shiekan Insurance and Reinsurance Co. Ltd |
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Opening Remarks | |
Prof. M Iqbal Asaria, Associate, Afkar Consulting Ltd | |
09.20 – 09.30 | Launch of the Finance Accreditation Agency Learning Standards |
Launch Address | |
Dr. Amat Taap Manshor, CEO, Finance Accreditation Agency | |
09.30 -10.15 | Keynote Session: Re-Thinking the Takaful Model |
Moderator: Safder Jaffer, MD & Consulting Actuary, Milliman | |
Middle East Takaful: Re-Thinking the Model and Implementation | |
Chakib Abouzaid, CMO – Reinsurance, GroupMed Reinsurance Brokers | |
Building a Sustainable Takaful Model Aligned to the Needs of Stakeholders in Both Growth and Developed Markets | |
Sohail Jaffer, Group Partner & Head of IBD, FWU | |
10.15 – 10.30 | Coffee Break & Networking |
10.30 – 11.30 | Session I: Leveraging on the London Market for the Next Stage of Takaful |
Moderator: Prof. M Iqbal Asaria, Associate, Afkar Consulting Ltd | |
Historic Position of Takaful in London | |
Dr. Terry Masters, CEO – ReSolutions, AON Benfield | |
Takaful Insurance – Time to Get Serious | |
Richard Bishop, CEO – Cobalt Underwriting | |
Takaful Today and Tomorrow – a Lloyd’s Market View | |
Cameron Murray, Head of UK, Ireland, Middle East & Africa, Lloyd’s | |
11.30 – 12.30 | Session II: Regulatory, Rating and HR Challenges for Takaful Providers |
Moderator: Daud Vicary Abdullah, President & CEO, INCEIF | |
Bridging the Gap: Enhancing the Quality of Talent in the Takaful Industry | |
Dr. Amat Taap Manshor, CEO, Finance Accreditation Agency | |
Takaful – Regulatory Update | |
Susan Dingwall, Partner, Norton Rose Fulbright | |
Prospects for Sharia-Compliant Insurers & Reinsurers in The GCC In 2015 as Oil Prices Fall | |
David Anthony, Director – Lead Analyst, FI Insurance, Standard & Poor’s Ratings Services | |
A.M. Best’s Approach to the Rating of Takaful Entities | |
Mahesh Mistry, Director – Analytics, A.M. Best | |
12.30 – 14.00 | Lunch & Prayers |
14.00 – 15.00 | Session III: Taking a Fresh look at Mutuals and their Potential Role in Takaful Provision |
Moderator: Tuan Haji Tarmidzi Ahmad Nordin, Specialist, Finance Accreditation Agency | |
How the Mutual Model can be Adapted for Takaful: Addressing the Weakness of Current Takaful Models | |
Zainal Kassim FIA, Senior Partner, Actuarial Partners Consulting Sdn Bhd | |
Potential Role of Mutuals in Providing Takaful Services | |
Azman Ismail, President, IIFIN Consulting Sdn Bhd | |
The Ethics of Friendly Takaful Society | |
Ajmal Bhatty, CEO, Alinma Tokio Marine – KSA | |
15:00 -16.00 | Session IV: Bringing Re-Takaful Up to Speed to Meet Emerging Challenges in Takaful Provision |
Moderator: Chakib Abouzaid, CMO – Reinsurance, GroupMed Reinsurance Brokers | |
Retakaful Operators: Driving for Takaful Growth | |
Omar Gouda, Managing Director, Africa Retakaful | |
Thoughts on Retakaful Partner Selection | |
Mahomed Akoob, Managing Director, Hannover ReTakaful | |
Bringing simplicity and transparency to the insurance process | |
James Bagshawe, COO, Cobalt Underwriting | |
16.00 – 16.15 | Coffee Break & Networking |
16.15 – 17.15 | Session V: Country Panel – Mature Takaful Markets |
Moderator: Dawood Taylor, Senior Regional Executive – Takaful, Middle East, Prudential Corporation Asia | |
Panelists: | |
Malaysia: Tuan Haji Tarmidzi Ahmad Nordin, Specialist, Finance Accreditation Agency | |
Sudan: Omar Gouda, Managing Director, Africa Retakaful | |
KSA: Majed M. Al-Sorour, General Manager, Amana Cooperative Insurance | |
UAE: Ali Karakuyu, Associate Director – Financial Services Group: EMEA, Standard & Poor’s Ratings Services |
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19.30 – 21.30 | The International Takaful Awards 2015 Ceremony |
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Presided by: Prof. M Iqbal Asaria, Associate, Afkar Consulting Ltd Keynote: Max Taylor, Chairman, Islamic Insurance Association of London Awards Dinner Partner
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