Kh. Dorjpalam , Officer Treasury Oyu Tolgoi

1. Brief on:
Risk Management and Insurance Solutions Conference for Mongolian Industries
Ulaanbaatar, Mongolia - 15th of October, 2014
Session 1: Mining Sector
Session 2: Political Risks and Trade Credit

2. Organized by Aon
the leading global provider of
• risk management services,
• insurance and reinsurance
brokerage,
• human resource consulting
and outsourcing.
• HQ in London
• 500 offices, 120 countries,
65,000 colleagues worldwide
In Partnership with BCM
Introduction

3. General Information on the Conference
Registration of the participants to the
Session 1
Welcoming coffee & snacks
Session 1:
Mining Risks
Registration of the participants to the
Session 2
Buffet Lunch
for the attendees of the
Session 1 and Session 2
Session 2:
Political Risks and
Trade Credit
Evening Reception
Networking for the
attendees of the Session 1
and Session 2
The conference will be focused on Insurance Solutions and
Risk Management practices based on Aon’s broad expertise
Sharing knowledge, effective solutions utilized by Aon’s clients
worldwide, and benchmarks of your peers
Aon will bring representatives of key insurance markets to
share their view on Mongolian risks
Speakers:
- Aon London
- International (re)insurance markets
Guest Speaker:
- Oyu Tolgoi
It will be comprised of 2 sessions, which could be attended
separately.
Lunch and Evening Reception would provide a joint networking
opportunity for the attendees of the both sessions.
Language of the conference: English
Conference venue: The Blue Sky Hotel and Tower
09:00
14:00
14:00
15:00
17:30
08:00

4. Session 1: MINING RISKS
Mining Risks
Session1
Highlights:
• The nature of mining risks and risk management for mining
companies
• Full-cycle overview for the mining industry with a major focus
on real cases and applicable specifics
• Transferring risks to insurance markets
• Sharing Best Practices of risk management
Would be interesting for:
• Mining companies and
contractors
• Financial institutions
• Local insurance companies
Health and Safety Risk
presentation by Oyu Tolgoi
Panel discussion with International (Re)Insurance companies:
What do Leading (Re)Insurance Companies Expect
and Need in Order to Accept Mining Risks?
Timing: 08:00 – 15:00

5. Political Risks and
Trade Credit
Session2
Would be interesting for:
• All Industries that have trade activity
• Investors into Mongolian Business
• Mining companies and contractors
• Financial institutions and local
insurance companies
Highlights:
• Protection of the interest of investors into
Mongolian business (Political Risks)
• Protection of the interest of Mongolian companies
having trade operations (Trade Credit)
• Aon’s Crisis Management Practice
Combination of effective insurance market solutions
and risk management best practices worldwide.
Timing: 14:00 – 21:00
(including post-conference Reception)
Session 2: POLITICAL RISKS & TRADE CREDIT
Overview of the risks, markets and available
solutions
Aon’s global expertise tailored to Mongolian business

6. FAQs: Why …?
• Why special focus for Mining Sector in a separate session?
Mining risks are quite unique in the view of aboveground and underground operations and cannot be covered by
general property insurance in full.
There are solutions available for risk-managers to take into account when addressing and managing risks that are often
not covered (just a few examples: underground fire / flood, tailings dams, Collapse of/in Ore Passes, etc.)
• Why Political Risks and Trade Credit Solutions?
Both groups of risks are quite universal and will be of interest for wider audience of BCM members.
Political risks (Terrorism / War, Strikes and Civil Commotions) are always assessed by investors and owners of the
companies, when entering business. But they are rarely protected against. This brings uncertainty which you can
mitigate by risk management and insurance solutions.
Trade Credit risks when not handled properly have quite a straightforward correlation with actual losses of the
companies, which have trade operations. Respective mechanisms provided by specialized insurance are effective tools
to mange this.
At the same time both groups of risks are excluded from general types of insurance, require additional expertize to deal
with and quite limited number of insurance markets to access. Aon will share their experience on that.
• Why Aon London?
As centuries before, London Market is still a cradle for Insurance and respective Risk Managing solutions, especially on
the specialty side.
In combination with the European Continental markets and effective cooperation with Asian insurance markets, Aon
London is capable to provide solutions and capacity for the risks not available at the local markets due to specifics of
such risks.
Aon would like to bring these markets and their expertise closer to you.

7. Recap from Aon Mining Conference in 2013
Attendees:
50+ participants, including:
• Azerbaijan International Mining
Company
• DTEK
• Highland Gold
• Jastrzebska Spolka Weglowa
• Metinvest
• MINERFIN
• Oyu Tolgoi
• Severstal
• S&B Industrial Minerals
& others
Key international (re)insurance
markets & local carriers:
Munich Re
Swiss Re
Liberty Syndicates
Leading loss adjusters and risk
engineers: Hawcroft, Integra,
MatthewsDaniel
The Aon team that organises this conference works with risks of their clients on a
daily basis in various geographies.
Once in a while in one of the countries they work with, this team would bring together
representatives from certain business industries, insurance and risk management
professionals in order to share knowledge, best practices and most up-to-date trends
in the area of risks.
Major topics covered:
• Nature of mining risks and risk management for
mining companies
• Applicable insurance solutions
• Facing mining losses
• Valuation process for insurance purposes
The event welcomed participants
from 13 countries, including
Ukraine, Russia, Slovakia,
Azerbaijan, Poland and other
Mongolia was represented by
Oyu Tolgoi
Ingosstrakh
Ergo Hestia
Infrassure
Previous year they arranged a dedicated mining conference in Ukraine in cooperation
with DTEK, the largest privately owned, vertically integrated energy company in
Ukraine.
In October, 2014 the same
team are coming to
Mongolia
and will be happy to see
you as their participant.