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
Opening Remarks
Prof. M Iqbal Asaria, Associate, Afkar Consulting Ltd
09.20 – 09.30 Launch of the Finance Accreditation Agency Learning Standards
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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
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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