The event brings together senior decision-makers from the entire insurance-capital
markets value chain, including institutional investors, insurance and reinsurance companies, hedge funds and banks. It’s the largest ILS conference in the world, with more delegates, more speakers, and more opportunities for networking than any other event on the market.
Following the huge success of our New York ILS Summit earlier this year, we’ve taken the
important decision to create two dedicated tracks for the life and non-life sides of the
industry. This ensures you maxmize your opportunities on-site, delivering a tailored-learning and networking experience based on your specific area of focus. We’ve also created a series of networking-focused champagne roundtable discussions, enabling you to brainstorm your biggest issues at the same time as making valuable contacts from the industry. And in response to feedback from both conferences, we’ve arranged an exciting guest presentation on the future of human longevity, to be delivered by Bernard Siegel, Executive Director of the Genetics Policy Institute, one of the world’s leading authorities on stem cell research and life enhancing technologies.
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. Our most outstanding
6th
Insurance July 15 – 17, 2009
speaker faculty ever,
Linked Securities The Fairmont with 50+ ILS leaders
Southampton, Bermuda
Summit TM including…
Dear Colleague, www.ilsbermuda.com
John Berger
2009 is a crucial year for the insur
President & CEO
ance linked securities market. Offe Harbor Point Re
growth and low correlation with glob ring a high potential for
al share prices, the asset class has
extremely challenging market cond held up well under Matthew Elderfield
itions, with many positive developm
new bonds from SCOR, Chubb, ents – such as the issue of CEO
and Liberty Mutual – witnessed
year. Nevertheless, it is clear that muc in the first quarter of the Bermuda Monetary Authority
h still needs to be achieved before
mature asset class suitable for the ILS comes of age as a
full spectrum of potential investors. Dirk Lohmann
reduced counterparty risk and Enhanced transparency,
better valuations are just a few CEO
demanding to ensure the long term of the things that investors are
future of the sector. Secquaero
If you want to make sense of the Jay Vadiveloo
opportunities represented by this
you join us at the 6th Insurance exciting asset class, make sure
Linked Securities Summit. Takin Watson Wyatt Professor of
15 – 17, 2009, the event brings toge g place in Bermuda from July
ther senior decision-makers from Actuarial Science
markets value chain, including instit the entire insurance-capital
utional investors, insurance and reins University of Connecticut
funds and banks. It’s the largest ILS urance companies, hedge
conference in the world, with more
and more opportunities for networkin delegates, more speakers, Bernard Van der Stichele
g than any other event on the mark
et. Portfolio Manager
Following the huge success of our Ontario Teachers’ Pension Plan
New York ILS Summit earlier this year,
important decision to create two we’ve taken the Board
dedicated tracks for the life and
industry. This ensures you maxm non-life sides of the
ize your opportunities on-site, deliv
ering a tailored-learning and Michael Fasano
networking experience based on your
specific area of focus. We’ve also
created a series of
President
networking-focused champagn
e roundtable discussions, enab
ling you to brainstorm your Fasano & Associates
biggest issues at the same time as
making valuable contacts from the
feedback from both conferences, industry. And in response to Patrice Horner
we’ve arranged an exciting gues
future of human longevity, to t presentation on the Vice President
be delivered by Bernard Siegel,
Genetics Policy Institute, one of Executive Director of the North Atlantic Asset Management
the world’s leading authorities on
enhancing technologies. stem cell research and life
Franz-Philippe Przybyl
Please take a few moments to revie Chairman & CEO
w the at-a-glance agenda on the BAC Berlin Atlantic Capital AG
visit our website www.ilsbermuda.com following pages, and then
for the more detailed program.
Thomas Schmitt
We look forward to meeting you Managing Partner
in sunny Bermuda this July, at the
the ILS investment community! key meeting of the year for Augur Capital
Kind regards, Richard Lowther
COO
The 6th Insurance Linked Securities Validus Managers
Summit Advisory Board
Wai-Keung Tang
James Bryce Managing Partner
President & CEO Eddie Stone
Managing Director Alpha-Value Asset Management
IPC Re
Plainfield Asset John Seo
Karsten Bromann Management Managing Principle
Managing Partner & Fermat Investments
Chief Risk Officer Colin Rainier
Solidum Partners Managing Director
Hannover Re
Craig Seitel Who Will Attend:
CEO Mike Fasano
President ■ 12% Pension Funds &
Abacus Settlements
Fasano & Associates Institutional
Investors
Bill Dubinsky
Managing Director Alan Buerger ■ 18% Hedge Funds
CEO
Swiss Re ■ 3% 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
2 1-800-882-8684 • www.ilsbermuda.com
3. Main Conference Day 1
Thursday, July 16, 2009
7:45 Registration & Coffee 9:30 Identifying the Opportunities in the
Bermuda Insurance Market
8:30 Welcome & Chairman’s Opening Remarks Bradley Kading, President & Executive Director,
Association of Bermuda Insurers and Reinsurers
Michael Crane, Managing Director, Coventry
9:50 Insurance and the Capital Markets: Is the Financial
Crisis Accelerating or Reversing the Convergence
8:45 “Risk, Reward & Reinsurance”:
Opening Process?
Looking into the Future of the Examining the obstacles to insurance-capital markets convergence:
Keynote •
Global Reinsurance Industry Address • Identifying potential growth areas for the trading of insurance risk
• 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
• Reinsurance & risk management: How should a reinsurance participants
• A look to 2010 and beyond: What future challenges await us?
company calculate its optimal level of exposure?
• Challenges and opportunities: A closer look at the pressures that Morton Lane, President, Lane Financial
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
11:00 Networking Break
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)
11:45 Looking into the Future of P&C Insurance The Institutionalization of the Life Insurance
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
12:45 Networking Lunch sponsored by:
1:45 The Broader Spectrum of Non-Life ILS: Exchange- Examining the Latest Breed of Synthetic Life
Traded and OTC Catastrophe Derivatives, Industry Settlement Products: Understanding the
Loss Warranties (ILWs), and Securitized Reinsurance Advantages to Traditional Cash Investments in Life
• Analyzing the structure of an ILW: How does it work? Settlements
• 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
Sponsors: 3
4. 2:45 The View from the Investment Community: Examining
the Most Effective Strategies for Diversifying Your The View from the Investment Community: Understanding
Portfolio with P&C Insurance Products the Role Played by Life Settlement Products Within a
• Identifying the advantages of P&C insurance products: Robust, Well-Diversified Investment Portfolio
• Lack of correlation with the stock market • Examining the peculiar characteristics of life settlements as an asset class
• Relatively high returns compared with other non-correlated asset • Understanding the investment horizons, and expected return rates, of
classes cash and synthetic life settlement products
• Identifying the drawbacks of securitized P&C insurance products for • Determining a role for life settlement products within a well-rounded
the investor community: investment portfolio
• Lack of standardization in P&C insurance products • Identifying the tools needed to reduce due diligence “costs of carry”
• Relatively high transaction costs for investors
• Significant ordinary investment horizons • Assessing the liquidity of life-settlement securities
• Achieving visibility over the full spectrum of product structures • Examining the precise role to be played by life-settlement investment
available to investors products within a diversified, resilient investment portfolio
• Examining the most effective hedging strategies for a non-life ILS portfolio Franz-Philippe Przybyl, CEO, Berlin Atlantic Capital AG
Charles Flynn, Portfolio Manager, Mariner Investment Group Gene Miao, Managing Director, Highland Capital
Greg Hagood, Principal & Co-Founder, Nephila Capital Wai-Keung Tang, Managing Partner, Alpha-Value
Stephen Velotti, Portfolio Manager, Juniperus Capital Asset Management
Patrice Horner, Vice President, North Atlantic Asset Management Steven Vestbirk, CEO, Royal Ark Asset Management
Michael Crane, Managing Director, Coventry
3:45 Networking Break
4:30 Interactive Champagne Roundtable Discussions
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 A: Non-Life Track B: Life
1. Collateral Management for Cat Bonds 1. Modeling Longevity
Discussing new collateral management techniques and their Debating actuarial approaches to modeling life expectancy
effectiveness in reducing counterparty risk
2. Regulation in Life Settlements
2. Catastrophe Modeling Techniques Understanding the impact of new state and federal regulations on the
Discussing the most effective modeling strategies for common (and not long-term future of the life settlements industry
so common) catastrophes
3. Synthetic Life Settlement Products
3. The Growth of the ILW Market Discussing investment strategies based on new synthetic life settlement
Assessing the growth prospects – and steps towards standardization – structures
of the ILW market
5:30 Cocktail Reception sponsored by
Main Conference Day 2
Friday, July 17, 2009
8:00 Coffee & Registration 9:45 How Long Will We Live in the 21st
Century? Analyzing the Future
8:30 Chairman’s Opening Remarks Interplay Between Medicine,
Technology, Mortality & Disease Keynote
8:45 Looking into the Future of the ILS Liquidity • 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
John Seo, Managing Principle, Fermat Capital Management 10:45 Networking Break
Thomas Schmitt, Managing Partner, Augur Capital
4 1-800-882-8684 • www.ilsbermuda.com
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)
11:30 Beyond Catastrophe Risk: The Future of Insurance Trends in Longevity and Actual/Expected Analyses
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
12:15 Managing Credit Risk in Cat Bond Transactions: Assessing the True Implications of 2009 Regulatory
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
1:15 Networking Lunch
2:15 Towards a More Sophisticated Understanding of An Actuarial Study in Mortality Risk: Creating a
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
3:00 Issuers’ Perspectives on the Future of the Cat Bond A Pension Funds’ Perspective on Investing in
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
4:00 End of Conference
“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
Sponsors: 5
6. Pre-Conference Workshops
Wednesday, July 15th 2009
Managing a Portfolio of Longevity Risks Optimizing a Portfolio of Catastrophe Risks
A Longevity risk can provide an investment portfolio with
B Leveraging the Latest Analytical &
diversification benefits, but engineering the portfolio can itself Optimization Techniques for Superior Returns
(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:
• Examining the mechanics of a diversified portfolio of
that are available? Attending this 3-hour long workshop will
provide you with a detailed knowledge of cat risk portfolio
longevity risks
• Analyzing changes to the VBT tables
creation, making you a better investor in this exciting asset class.
• Understanding the calculations used in longevity tables
What you will learn:
• Achieving visibility over the full spectrum of diversification
How you will benefit:
strategies:
• Understand how to recognize and subsequently reconcile
OR • 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
• Get to grips with the medical underwriting and longevity
geographical regions (US, Japan, Europe, etc)
•
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
participants of the 6th Insurance Linked Securities
Relax beneath a rainbow of umbrellas at our
private Beach Club, hit the links for a round
Summit. For reservations, please contact the hotel of golf, grab your racket for a tennis match,
The Fairmont Southampton directly at 1-800-441-1414 before June 16th. Be sure snorkel your way around the reefs, ride the
101 South Shore Road to mention you are attending IQPC’s ILS Summit for waves on a jet ski, explore the island on
Southampton, Bermuda the group rate. Also, the group rate will be available your scooter and enjoy the fascination that
Tel: 1-800-441-1414 for 3 days pre- and post-event, based on availability. is Bermuda.
Fax: (441)238-8968
Website: www.fairmont.com/Southampton About the Fairmont Southampton: With six unique restaurants and award-
Imagine shimmering turquoise seas, powdery pink winning cuisine, including The Newport
sand beaches, exotic tropical gardens and spectacular Room, the only AAA 5-Diamond restaurant
Note: Contact hotel for directions and sunsets, and you have envisioned the breathtaking in the Caribbean/Atlantic region, you will be
transportation suggestions. landscape surrounding The Fairmont Southampton pampered from the moment you arrive.
resort in Bermuda.
6 1-800-882-8684 • www.ilsbermuda.com
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
The Lifeline Program
The Lifeline Program, based in Atlanta, Ga., is a division of Wm. Page and Associates, Inc. Founded in 1989, the
company offers alternative investment opportunities for financial institutions, partners with insurance agencies and
broker dealers to establish life settlement business lines, and assists seniors with retirement planning options.
Website: www.thelifeline.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
Sponsors: 7