SAARC insurance conference next month
Securities and Exchange Commission of Pakistan is going to host the second SAARC insurance regulators' meet and international conference at Movenpick hotel on April 14-16.
With the theme 'Local to Global', the conference will be participated by nearly 400 experts from around the world, who will exchange experience and discuss the challenges in insurance and explore perspectives on emerging risks.
The participants will include representatives of insurance and re-insurance companies, banks and financial institutions, insurance intermediaries, international organisations, non-governmental organisations, and international development agencies as well as academicians, policy makers and regulators.
The conference will provide deeper understanding of the regulatory regime of Pakistan and other SAARC countries; exploring new avenues like Takaful and microinsurance; exploring and understanding the dynamics of insurance industry of Pakistan, and a valuable network building opportunity.
The conference will highlight pre-conference training workshop by international experts; four-interactive knowledge studios and panel discussions; 10+ highly geared presentations by international experts; thematic coverage of microinsurance and Takaful; heavy participation from South Asia and the region; and dedicated networking sessions.
According to organisers, the benefits of attending the conference would be unique opportunity to network with 400+ participants from South Asia; live panel discussions and dynamic debates among the industry participants, regulators and policy makers; knowledge exchange with regional counterparts; building of future partnerships, and listen to best international trainers and speakers.
On April 14, SAARC insurance regulators meet would lead to a round table discussion inviting insurance regulators, representatives of international association of insurance supervisors and the representatives of donor organisations to discuss the challenges and opportunities in the insurance regulation and how to increase regional collaboration for effective market development.
The workshop on promoting proportionate regulation and risk based supervision will see discussion on IAIS insurance core principles on solvency and solvency related issues; application of proportionality in practice; calibrating risk-based capital requirements and risk-based supervision; and enterprise risk management.