6th Insurance Linked Securities Summit


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2009 is a crucial year for the insurance linked securities market, with positive developments – including the issuance of new bonds from SCOR, Chubb, and Liberty Mutual. The 6th ILS Summit will discuss the need for enhanced transparency, reduced counterparty risk and better valuations which investors are demanding to ensure the long term future of the sector. It’s the largest ILS conference in the world, with more delegates, speakers, opportunities for networking than any other event.

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6th Insurance Linked Securities Summit

  1. 1. Register by April 24th & SAVE up to $798! 6th Insurance Linked Securities Summit TM The Fairmont July 15 – 17, 2009 Southampton, Bermuda Delivering the Latest Investment Strategies for Insurance Linked Securities including P&C Securitization, Cat Bonds, Life Settlements and Longevity Risks “A great conference in a great location. Rarely is networking as enjoyable as at IQPC’s excellent ILS Summit in Bermuda.” - Craig Seitel, CEO, Abacus Settlements 50+ industry-leading speakers, including the following ILS innovators & investors: John Berger Steven Bloom Thomas Schmitt Paul Schultz President & CEO Senior Portfolio Analyst Managing Partner President, Investment Harbor Point Re APG Investments Augur Capital Banking AON Benfield Matthew Elderfield Bernard Van der Stichele John Seo Steven Vestbirk CEO Portfolio Manager Managing CEO Bermuda Monetary Ontario Teachers’ Pension Principle Royal Ark Asset Authority Plan Board Fermat Investments Management Featuring 2 Tracks for Life and The only ILS conference in the Non-Life ILS, Enabling You to: world delivering… Examine the future of the liquidity landscape for insurance 300 senior decision-makers from institutional investors, hedge • • linked securities funds, asset managers, insurance & reinsurance companies, brokers, banks and law firms Get the full benefit of new investor safeguards and • collateral management techniques for catastrophe bonds Dedicated conference tracks for the life and non-life sides of • the ILS fence, allowing you to maximize your learning Leverage the most effective diversification and analytics • opportunities throughout the 3-day event tools to optimize your investment portfolio Interactive roundtable sessions on your most pressing issues, • Harness innovations in synthetic products, ILWs, exchange- • enabling you to brainstorm solutions with your peers traded products, and risk modeling techniques More than 20 hours of extended networking opportunities, • Achieve visibility over changing LE estimates and understand • ensuring you walk away with valuable new contacts from the industry the implications for your existing and future life settlement portfolios 50+ industry-leading speakers, delivering more content on ILS • than any other event in the world Understanding the impact of regulatory changes on the sector • Major Sponsors Sponsors Media Partners 1-800-882-8684 • www.ilsbermuda.com
  2. 2. Our most outstanding 6th speaker faculty ever, Insurance July 15 – 17, 2009 with 50+ ILS leaders Linked Securities The Fairmont Southampton, Bermuda including… Summit TM www.ilsbermuda.com Dear Colleague, John Berger President & CEO 2009 is a crucial year for the insur ance linked securities market. Offe Harbor Point Re ring a high potential for growth and low correlation with glob al share prices, the asset class has held up well under extremely challenging market cond Matthew Elderfield itions, with many positive developm ents – such as the issue of new bonds from SCOR, Chubb, CEO and Liberty Mutual – witnessed in the first quarter of the year. Nevertheless, it is clear that muc Bermuda Monetary Authority h still needs to be achieved before ILS comes of age as a mature asset class suitable for the full spectrum of potential investors. Dirk Lohmann Enhanced transparency, reduced counterparty risk and better valuations are just a few CEO of the things that investors are demanding to ensure the long term future of the sector. Secquaero If you want to make sense of the Jay Vadiveloo opportunities represented by this exciting asset class, make sure you join us at the 6th Insurance Watson Wyatt Professor of Linked Securities Summit. Takin g place in Bermuda from July 15 – 17, 2009, the event brings toge Actuarial Science ther senior decision-makers from the entire insurance-capital markets value chain, including instit University of Connecticut utional investors, insurance and reins urance companies, hedge funds and banks. It’s the largest ILS conference in the world, with more Bernard Van der Stichele delegates, more speakers, and more opportunities for networkin g than any other event on the mark Portfolio Manager et. Ontario Teachers’ Pension Plan Following the huge success of our New York ILS Summit earlier this year, Board we’ve taken the important decision to create two dedicated tracks for the life and non-life sides of the industry. This ensures you maxm Michael Fasano ize your opportunities on-site, deliv ering a tailored-learning and networking experience based on your President specific area of focus. We’ve also created a series of networking-focused champagn Fasano & Associates e roundtable discussions, enabling you to brainstorm your biggest issues at the same time as making valuable contacts from the industry. And in response to Patrice Horner feedback from both conferences, we’ve arranged an exciting gues t presentation on the future of human longevity, to Vice President be delivered by Bernard Siegel, Executive Director of the North Atlantic Asset Management Genetics Policy Institute, one of the world’s leading authorities on stem cell research and life enhancing technologies. Franz-Philippe Przybyl Chairman & CEO Please take a few moments to revie w the at-a-glance agenda on the BAC Berlin Atlantic Capital AG following pages, and then visit our website www.ilsbermuda.com for the more detailed program. Thomas Schmitt We look forward to meeting you Managing Partner in sunny Bermuda this July, at the key meeting of the year for the ILS investment community! Augur Capital Richard Lowther Kind regards, COO Validus Managers The 6th Insurance Linked Securities Summit Advisory Board Wai-Keung Tang James Bryce Managing Partner Eddie Stone President & CEO Alpha-Value Asset Management Managing Director IPC Re Plainfield Asset John Seo Management Managing Principle Karsten Bromann Fermat Investments Managing Partner & Colin Rainier Chief Risk Officer Managing Director Solidum Partners Hannover Re Who Will Attend: Craig Seitel Mike Fasano CEO ■ 12% Pension Funds & President Abacus Settlements Institutional Fasano & Associates Investors Bill Dubinsky ■ 18% Hedge Funds Alan Buerger Managing Director CEO ■ 3% Swiss Re Family Offices Coventry & Endowment Funds ■ 8% Asset Managers ■ 21% Insurance & Reinsurance “It was very well attended and the discussions were very Companies interesting. The organization of the event was perfect.” ■ 12% Banks ■ 8% Law Firms – Urs Ramseier, Head of Insurance-Linked Securities, Horizon 21 ■ 10% Life Settlement Companies ■ 4% LE Providers ■ 4% Modeling Agencies 1-800-882-8684 • www.ilsbermuda.com 2
  3. 3. Main Conference Day 1 Thursday, July 16, 2009 Registration & Coffee Identifying the Opportunities in the 7:45 9:30 Bermuda Insurance Market Bradley Kading, President & Executive Director, Welcome & Chairman’s Opening Remarks 8:30 Association of Bermuda Insurers and Reinsurers Michael Crane, Managing Director, Coventry Insurance and the Capital Markets: Is the Financial 9:50 Crisis Accelerating or Reversing the Convergence “Risk, Reward & Reinsurance”: 8:45 Process? Opening Looking into the Future of the Examining the obstacles to insurance-capital markets convergence: Keynote • Global Reinsurance Industry Identifying potential growth areas for the trading of insurance risk Address • Defining the role that reinsurers must play in • by capital market participants the recovery of the global economy • Understanding the impact of regulatory changes on the • Examining the future in new and innovative reinsurance products relationship between insurance companies and capital market participants • Reinsurance & risk management: How should a reinsurance • A look to 2010 and beyond: What future challenges await us? company calculate its optimal level of exposure? Morton Lane, President, Lane Financial • Challenges and opportunities: A closer look at the pressures that will continue to produce innovation within the reinsurance Followed by a panel discussion featuring... industry in 2010 and beyond Matthew Elderfield, CEO, Bermuda Monetary Authority John Berger, President & CEO, Harbor Point Re Craig Seitel, CEO, Abacus Settlements Paul Siegert, President & CEO, Insurance Studies Institute Networking Break 11:00 Concurrent Sessions Begin: Choose Track A or B Track A: Non-Life (Cat Bonds and other forms of P&C Insurance Securitization) Track B: Life (Life Settlements, Longevity Risk & Life Insurance Securitization) Looking into the Future of P&C Insurance The Institutionalization of the Life Insurance 11:45 Securitization: Translating Today’s Challenges into Secondary Market: “Tradable Paper” Tomorrow’s Innovations Ensuring credit measurements • Examining early indications from the 2009 storm season and its impact Best practices & standards • • on pricing structures Industry data reporting • • Comparing 2009 cat bond structures with those of the past Portfolio measurements & reporting • • Evaluating the ability of the market to meet the needs of new Investment securitization, structures & practices • investors Audit procedures • • The 2009 cat bond pipeline: Which products are proving Paul Siegert, President & CEO, Insurance Studies Institute most popular with investors? Michael Byl, President, Strategic Directions Management Karsten Bromann, Managing Partner & Chief Risk Officer, Brian Tijan, Director, Life Finance Group, Credit Suisse Solidum Partners Kai Morgenstern, Vice President, Renaissance Re Henning Ludolphs, Head of Insurance-Linked Securities, Hannover Re Networking Lunch sponsored by: 12:45 The Broader Spectrum of Non-Life ILS: Exchange- Examining the Latest Breed of Synthetic Life 1:45 Traded and OTC Catastrophe Derivatives, Industry Settlement Products: Understanding the Loss Warranties (ILWs), and Securitized Reinsurance Advantages to Traditional Cash Investments in Life Settlements Analyzing the structure of an ILW: How does it work? • Comparing ILWs and ELFs Taking a closer look at the existing market for synthetic life settlement • • • ILWs as reinsurance vs. exchange traded products products • Managing counterparty risk in ILWs and exchange traded products Understanding the advantages and disadvantages of cash investments • • ILWs as cat bond and retro reinsurance alternatives in the current in life settlements versus synthetic products market Using synthetic life settlements as a hedging mechanism against • • ILW portfolio simulation exercise: How much would you have made mortality risk with ILWs in your portfolio in 2005, 2006, 2007 & 2008? Identifying the most effective structures for synthetic life settlement • Alex Krutov, Managing Director, Century Atlantic Capital products Aashh K. Parekh, Director, Global Public Markets, TIAA-CREF Examining the importance of having clean, accurate life policy data • Eamonn Ling, Head of Investment, Catalyst Investment Group Jason Liddell, Vice President, Credit Suisse 3 Sponsors:
  4. 4. The View from the Investment Community: Examining The View from the Investment Community: Understanding 2:45 the Most Effective Strategies for Diversifying Your the Role Played by Life Settlement Products Within a Portfolio with P&C Insurance Products Robust, Well-Diversified Investment Portfolio Identifying the advantages of P&C insurance products: Examining the peculiar characteristics of life settlements as an asset class • • • Lack of correlation with the stock market Understanding the investment horizons, and expected return rates, of • • Relatively high returns compared with other non-correlated asset cash and synthetic life settlement products classes Determining a role for life settlement products within a well-rounded • • Identifying the drawbacks of securitized P&C insurance products for investment portfolio the investor community: Identifying the tools needed to reduce due diligence “costs of carry” • • Lack of standardization in P&C insurance products for investors • Relatively high transaction costs • Assessing the liquidity of life-settlement securities • Significant ordinary investment horizons • Examining the precise role to be played by life-settlement investment • Achieving visibility over the full spectrum of product structures products within a diversified, resilient investment portfolio available to investors Franz-Philippe Przybyl, CEO, Berlin Atlantic Capital AG • Examining the most effective hedging strategies for a non-life ILS portfolio Gene Miao, Managing Director, Highland Capital Charles Flynn, Portfolio Manager, Mariner Investment Group Wai-Keung Tang, Managing Partner, Alpha-Value Greg Hagood, Principal & Co-Founder, Nephila Capital Asset Management Stephen Velotti, Portfolio Manager, Juniperus Capital Steven Vestbirk, CEO, Royal Ark Asset Management Patrice Horner, Vice President, North Atlantic Asset Management Michael Crane, Managing Director, Coventry Networking Break 3:45 Interactive Champagne Roundtable Discussions 4:30 After a jam-packed day of big picture keynotes, panel discussions, case studies, and presentations, the 6th ILS Summit gives you the chance to meet and brainstorm with small groups of your peers during our interactive champagne roundtable discussions. This is a great opportunity to make valuable contacts from your area of interest, and to deep-dive into the tricky details that you may missed in the course of the day’s sessions. MUST ATTEND! Track B: Life Track A: Non-Life 1. Modeling Longevity 1. Collateral Management for Cat Bonds Debating actuarial approaches to modeling life expectancy Discussing new collateral management techniques and their effectiveness in reducing counterparty risk 2. Regulation in Life Settlements Understanding the impact of new state and federal regulations on the 2. Catastrophe Modeling Techniques long-term future of the life settlements industry Discussing the most effective modeling strategies for common (and not so common) catastrophes 3. Synthetic Life Settlement Products Discussing investment strategies based on new synthetic life settlement 3. The Growth of the ILW Market structures Assessing the growth prospects – and steps towards standardization – of the ILW market Cocktail Reception sponsored by 5:30 Main Conference Day 2 Friday, July 17, 2009 Coffee & Registration How Long Will We Live in the 21st 8:00 9:45 Century? Analyzing the Future Chairman’s Opening Remarks Interplay Between Medicine, 8:30 Technology, Mortality & Disease Keynote Looking into the Future of the ILS Liquidity 8:45 Examining the factors that will continue to play Guest • Landscape: Identifying the Sources of Tomorrow’s a role in the extension of longevity: Address Investment Capital • Biotechnology & genetic engineering Comparing the situation with life- and non-life insurance linked securities • Nanotechnology • Analyzing the attractiveness of insurance linked securities from the • Improvements in diet • investor standpoint • Medical advancements in the treatment of cancer, respiratory • Evaluating the suitability of insurance linked securities from the and heart disease viewpoint of different investment horizons • Examining the factors likely to increase levels of mortality: • Quantifying the future liquidity contributions from: Major pension • Obesity & the “sedentrification” of the Western lifestyle funds, Endowment funds, Family offices, Wealth management • Flu and the risk of pandemics companies, Funds of funds and other, niche investors • Population growth and geopolitical tensions • What more needs to happen to thaw out the marketplace? • Combining the factors into a unified model: How will our longevity Paul Schultz, President, Investment Banking, AON Benfield be influenced by changes in 21st century life? Bernard Van der Stichele, Portfolio Manager, Ontario Bernard Siegel, Executive Director, Genetics Policy Institute Teachers’ Pension Plan Board Networking Break John Seo, Managing Principle, Fermat Capital Management 10:45 Thomas Schmitt, Managing Partner, Augur Capital 1-800-882-8684 • www.ilsbermuda.com 4
  5. 5. Concurrent Sessions Begin: Choose Track A or B Track A: Non-Life (Cat Bonds and other forms of P&C Insurance Securitization) Track B: Life (Life Settlements, Longevity Risk & Life Insurance Securitization) Beyond Catastrophe Risk: The Future of Insurance Trends in Longevity and Actual/Expected Analyses 11:30 Securitization A demographic analysis of longevity extension • Dirk Lohmann, CEO, Secquaero Trends in mortality improvement • Different methods of actual to expected analysis • • How to apply actual/expected analytic techniques to improve portfolio performance Mike Fasano, President, Fasano & Associates Managing Credit Risk in Cat Bond Transactions: Assessing the True Implications of 2009 Regulatory 12:15 Delivering New Investor Safeguards through Radical Changes: Examining the Impact of New Regulatory Transparency, Continuous Collateral Monitoring & Pressures on the Long-Term Future of the Life Changes in Permitted Investments Settlements Market A closer look at the impact of the Lehman Brothers’ collapse on the Reviewing the regulatory developments of 2009 so far: • • global Cat bond market • Life settlement regulation changes on a state-by-state basis • Understanding how the components of investment risk interact • The implications of the Congressional hearings in late Spring (interest rate risk, reinvestment risk & credit risk) Examining the state of regulatory consensus around Stranger- • • Implementing new permitted investment rules for the assets to be Originated Life Insurance (STOLI) used within Cat bond collateral Disintermediation, the competitive landscape, the future of the life • • Designing collateral top-up provisions in the event of a reduction in settlements market asset values Craig Seitel, CEO, Abacus Settlements • Enhancing the transparency of Cat bond collateral through web- Michael Freedman, SVP, Governmental Affairs, Coventry based interfaces and continuous monitoring techniques Richard Lowther, COO, Validus Managers Donald Thorpe, Head of Insurance-Linked Securities, Fitch Ratings Karsten Bromann, Managing Partner & Chief Risk Officer, Solidum Partners Networking Lunch 1:15 Towards a More Sophisticated Understanding of An Actuarial Study in Mortality Risk: Creating a 2:15 Catastrophe Risk: Lifting the Lid on Evolving More Transparent Understanding of the Factors that Catastrophe Modeling Techniques Influence Longevity Examining the changes in catastrophe models since Katrina in 2005 Examining the need for greater education and fundamental research • • Understanding the most effective modeling techniques for dealing work on life settlements • with uncertainty in loss numbers Identifying the misconceptions that have damaged the life settlements • • What happens when the models disagree? Getting to grips with the industry and isolated it from mainstream asset classes best strategies for dealing with conflicting risk models Overcoming the difficulties of gaining access to life settlements data • • Are increases in computing power altering the capabilities of 21st Using transparency within estimations of mortality risk in order to • century modeling software? grow the investor pool for life-connected insurance linked securities Speaker to be confirmed. Please check the website for updates Jay Vadiveloo, Watson Wyatt Professor of Actuarial Science, and announcements. University of Connecticut Issuers’ Perspectives on the Future of the Cat Bond A Pension Funds’ Perspective on Investing in 3:00 Pipeline: Removing the Roadblocks to Future Longevity Risk Issuances Which investment structures are more attractive to pension funds • Determining the extent to which “de-risking” in the reinsurance from a hedging perspective? • industry means a flight from the capital markets by issuers Understanding the interplay between the longevity risk and life • • Will Cat bonds take on an increasing or decreasing proportion of total settlement markets reinsurance capacity in 2009? Developing a portfolio of complementary longevity risks • • Will newly transparent Cat bond structures be sufficient to remove the Examining the progress towards tradable indices to give secondary • spectre of counterparty risk from new Cat bond issues? market exposure to holders of both longevity and mortality risk • Is the “golden age” of new Cat bond issues still ahead of us, or in the Overcoming the challenges of developing transparent pricing in • past? longevity risk Mark Van Zanden, Outwards Reinsurance Business • Examining the feasability of pension scheme buy-outs as an Group Leader, Catlin Insurance alternative to investments in longevity risk Beat Holliger, Managing Director, Capital Markets, Jacob Bourne, Principal, Enduring Investments Munich Re America John Fitzpatrick, President, Pension Corporation Steven Bloom, Senior Portfolio Analyst, APG Investments End of Conference 4:00 “This is THE must attend ILS event. So many people attend the event - the networking is one of the main benefits.” - Michael Stahel, Head of Insurance-Linked Investments, Clariden Leu 5 Sponsors:
  6. 6. Pre-Conference Workshops Wednesday, July 15th 2009 Managing a Portfolio of Longevity Risks Optimizing a Portfolio of Catastrophe Risks A B Leveraging the Latest Analytical & Longevity risk can provide an investment portfolio with Optimization Techniques for Superior Returns diversification benefits, but engineering the portfolio can itself (Workshops A & B will run concurrently) Lunch will be served be a challenging task. Considerations must be made for the For investors new to catastrophe risks, there are bewildering underwriting techniques, types of impairment, and even the array of different risks, regions, sourcing channels and maturity prospect of changing longevity estimates. This interactive levels available for portfolio diversification. But what does the workshop will address the challenges to developing a profitable “optimal” allocation strategy look like, and how should and diversified portfolio. investors align their risk/reward tolerance with the many options What you will learn: that are available? Attending this 3-hour long workshop will • Examining the mechanics of a diversified portfolio of provide you with a detailed knowledge of cat risk portfolio longevity risks creation, making you a better investor in this exciting asset class. • Analyzing changes to the VBT tables What you will learn: • Understanding the calculations used in longevity tables • Achieving visibility over the full spectrum of diversification How you will benefit: strategies: OR • Understand how to recognize and subsequently reconcile • Diversification by asset class (equity, debt, commodities & ILS) imbalances in your portfolio • Diversification by subsectors (wind, quake, life) and • Customize portfolio goals to appropriate risk appetite levels geographical regions (US, Japan, Europe, etc) • Get to grips with the medical underwriting and longevity Diversification by sourcing channels (cat bonds, ILWs, • analysis processes sidecars, exchange-traded products) Workshop leader to be confirmed. Please check the • Diversification by maturity (<1 year, 2-5 years, >5 years) website for updates and announcements. How you will benefit: 1:30 – 4:30 • Understand how to balance diversity levels with your required risk-reward tolerance • Achieve visibility over the risk metrics for each region and peril combination • Overcome the pricing difficulties of infrequent historical events Workshop leader to be confirmed. Please check the website for updates and announcements. The A-Z of Cat Bond Engineering: Creating Truly Effective Cat Bond Structures for the Benefit of All C Market Participants For those on the structuring side, getting the trigger design and • Identifying structural innovations within 2009 cat bonds: Towards collateral guarantees right are absolutely essential to the success and greater transparency of both credit and catastrophe risks 5:00 – 8:00 resilience of each cat bond. In this extended session, Lixin Zeng – a How you will benefit: globally recognized expert in insurance portfolio optimization and • Leverage cat bond risk structures to minimize basis risk and risk management – will teach you how to structure an effective cat maximize transparency bond, ensuring you avoid all the pitfalls involved in this highly • Understand how to create effective new collateral structures for complex process. the next generation of Total Return Swaps (TRS) What you will learn: Selecting the most appropriate risk mechanism from the “trigger Lixin Zeng, Portfolio Manager, Alpha Cat Fund • menu” – choosing between Hybrid, Indemnity, Industry, Parametric, Indexed & Modeled Welcome drinks and hors d'oeuvres will be served “I was very positively surprised to see so many people attending the conference – especially in the current environment. This speaks for itself and, obviously, for the conference organizers. IQPC’s ILS Summit is most certainly an event worth attending.” - Beat Holliger, Managing Director, Munich Re Capital Markets About the Venue IQPC has secured a reduced-rate room block for Relax beneath a rainbow of umbrellas at our participants of the 6th Insurance Linked Securities private Beach Club, hit the links for a round of Summit. For reservations, please contact the hotel golf, grab your racket for a tennis match, snorkel The Fairmont Southampton directly at (441)238-8000. Be sure to mention you your way around the reefs, ride the waves on a 101 South Shore Road are attending IQPC’s ILS Summit for the group jet ski, explore the island on your scooter and rate. enjoy the fascination that is Bermuda. Southampton, Bermuda Tel: (441)238-8000 About the Fairmont Southampton: With six unique restaurants and award-winning Fax: (441)238-8968 Imagine shimmering turquoise seas, powdery pink cuisine, including The Newport Room, the only Website: www.fairmont.com/Southampton sand beaches, exotic tropical gardens and AAA 5-Diamond restaurant in the spectacular sunsets, and you have envisioned the Caribbean/Atlantic region, you will be pampered Note: Contact hotel for directions and breathtaking landscape surrounding The Fairmont from the moment you arrive. transportation suggestions. Southampton resort in Bermuda. 1-800-882-8684 • www.ilsbermuda.com 6
  7. 7. About Our Sponsors Coventry For over 25 years, Coventry has been redefining insurance. Founded in 1982, Coventry began as an insurance marketing, product development and policy administration firm. Known as a leading innovator in the industry, Coventry assisted insurance carriers in the development of product, software and distribution. It established itself as one of the top corporate life insurance companies in America during the 1990s, servicing over 70,000 policies for its corporate clients. In 1998, Coventry created the secondary market for life insurance in the United States and coined the term “life settlement”. As the market leader, Coventry has structured and financed transactions representing more than $25 billion of death benefit and has been a key driver behind the market’s rapid growth. Today, Coventry is the largest purchaser and servicer in the longevity and mortality market, employing more than 200 people. Based in Pennsylvania, Coventry was the first secondary market firm to earn Standard and Poor’s highest servicer ranking (2004 and reaffirmed in 2006). In 2005, Coventry was first in revenue in the insurance category of the annual Inc. 500 listing of the fastest growing private companies in America. Website: www.coventry.com Credit Suisse As one of the world’s leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 48,000 people. Credit Suisse’s parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group’s registered shares (CSGN) are listed in Switzerland and, in the form of American Depository Shares (CS), in New York. The Life Finance Group at Credit Suisse is a dedicated group of over 90 professionals with backgrounds in various industries which include insurance, banking, structuring, sales and risk management based in New York, London and Hong Kong. Website: www.credit-suisse.com Abacus Settlements, LLC: Abacus Settlements, LLC: In the heart of New York's financial district - and at the forefront of today's burgeoning life settlement industry - is Abacus Settlements, LLC, a Life Settlement Provider that has distinguished itself with success in many measurable ways. Abacus Settlements, LLC is committed to establishing long-term relationships with producers, brokers and financial professionals. We believe in building trusting relationships by working fast, hard, and smart to help you realize the successful outcome you require. Website: www.abacussettlements.com Surrenda-link Investment Management: With UK£1.0 billion under management or advice (as at 31/12/08), Surrenda-link Investment Management is considered to be the largest and most established full service traded life policy specialist in Europe. Primarily, Surrenda-link designs, builds and manages funds for institutional investors based upon US Life Settlements and UK Traded Endowment Policies. In addition, the company provides portfolio management services for institutions wishing to purchase directly for their balance sheet. Traded Life policy portfolios have a low-correlation to traditional asset classes, being largely unaffected by interest rate or equity market movements and deliver attractive positive returns with minimal volatility: For almost two decades, Surrenda-link has been at the forefront of innovation with investments based upon life insurance policies. In 1992 Surrenda-link became the first company in the UK to devise and launch a TEP investment fund and in 2004 created what is thought to be the world's first Life Settlement-based stock exchange listed fund. Website: http://slinvest.co.uk Fasano Associates Fasano Associates is a leading underwriting firm, serving the life, annuity and life settlement markets, with particular expertise in over-65 and impaired life mortality. Fasano’s estimates of life expectancy are considered the most accurate in life settlement market, with an Actual to Expected accuracy ratio of 96% estimated in two successive independent actuarial evaluations. Contact Fasano at www.fasanoassociates.com. Website: www.fasanoassociates.com SPONSORSHIP AND EXHIBITION OPPORTUNITIES Sponsorships and exhibits are excellent opportunities for your company to showcase its products and services to high-level, targeted decision-makers attending the 6th Insurance Linked Securities Summit. IQPC and Finance IQ help companies like yours achieve important sales, marketing and branding objectives by setting aside a limited number of event sponsorships and exhibit spaces – all of which are tailored to assist your organization in creating a platform to maximize its exposure at the event. For more information on sponsoring or exhibiting at the 6th Insurance Linked Securities Summit, please contact Mario Matulich at (212) 885-2719 or sponsorship@iqpc.com. Media Partners 7 Sponsors:
  8. 8. For more information about the 6th Insurance Linked Securities Summit, please visit our website at www.ilsbermuda.com or call 1-800-882-8684. 6th Insurance 5 EASY WAYS TO REGISTER: Web: www.ilsbermuda.com 1 2 Call: 1-800-882-8684 or 1-646-378-6026 Linked Email: info@iqpc.com 3 TM Fax: 1-646-378-6025 4 Securities 5 Mail: IQPC 535 5th Avenue, 8th Floor, New York, NY 10017 Summit Register Register Register Register Standard INVESTOR and Pay by and Pay by and Pay by and Pay by Price PRICING: The Fairmont Southampton, July 15 – 17, 2009 4/24/09 5/8/09 5/22/09 6/19/09 Bermuda Conference (save $600) (save $500) (save $400) (save $200) Only $1,199 $1,299 $1,399 $1,599 $1,799 REGISTRATION CARD All –Access Pass (Conference + (save $798) (save $698) (save $598) (save $398) (save $198) 2 Workshops) $2,099 $2,199 $2,299 $2,499 $2,699 YES! Please register me for Workshops Only $549 each $549 each $549 each $549 each $549 each 6th Insurance Linked Register Register Standard STANDARD and Pay by and Pay by Price PRICING: 5/22/09 6/19/09 Securities Summit TM Conference (save $800) (save $400) Only $1,999 $2,399 $2,799 ❑ Conference ❑ All Access Pass All-Access Pass (Conference + (save $998) (save $598) (save $198) ❑ Workshop(s): Choose your Workshop(s) ❑ A OR ❑ B ❑C 2 Workshops) $2,899 $3,299 $3,699 Workshops Only $549 each $549 each $549 each Name ________________________________________________________ Job Title ______________________________________________________ Please see the website at www.ilsbermuda.com for an explanation of Investors and Solution Providers. Organization __________________________________________________ Please note multiple discounts cannot be combined. A $99 processing charge will be assessed to all registrations not accompanied Approving Manager ____________________________________________ by credit card payment at the time of registration. MAKE CHECKS PAYABLE IN U.S. DOLLARS TO: IQPC Address ______________________________________________________ * CT residents or people employed in the state of CT must add 6% sales tax. City __________________________________________________________ TEAM DISCOUNTS For information on team discounts, please contact IQPC Customer Service at State ________________________________________________________ 1-800-882-8684. Only one discount may be applied per registrant. SPECIAL DISCOUNTS AVAILABLE Zip __________________________________________________________ A limited number of discounts are available for the non-profit sector, government organizations and academia. For more information, please contact customer service at 1-800-882-8684. Phone ________________________________________________________ DETAILS FOR MAKING PAYMENT VIA EFT OR WIRE TRANSFER Fax __________________________________________________________ JPMorgan Chase - Penton Learning Systems LLC dba IQPC: 957-097239 ABA/Routing #: 021000021 Reference: Please include the name of the attendee(s) and the event number: E-mail ________________________________________________________ 10920.006 PAYMENT POLICY ❑ Please keep me informed via email about this and other related Payment is due in full at the time of registration and includes lunches, refreshment and detailed conference materials. Your registration will not be events. confirmed until payment is received and may be subject to cancellation. ❑ Check enclosed for $_________ (Payable to IQPC) For IQPC’s Cancellation, Postponement and Substitution Policy, please visit www.iqpc.com/cancellation SPECIAL DIETARY NEEDS ❑ Charge my ❑ Amex ❑ Visa ❑Mastercard ❑ Diners Club If you have a dietary restriction, please contact Customer Service at 1-800- 882-8684 to discuss your specific needs. Card #____________________________________Exp. Date___/___ ©2009 IQPC. All Rights Reserved. The format, design, content and arrangement of this brochure constitute a trademark of IQPC. Unauthorized ❑ I cannot attend, but please keep me informed of all future events. reproduction will be actionable under the Lanham Act and common law principles. 1-800-882-8684 • www.ilsbermuda.com 8