1st Asia Marine Insurance
Conference
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MPA provides 70% subsidy of registration fees to Singaporeans and PRs
18 – 19 November 2013, Marina Mandarin Hotel, Singapore
Theme: “Challenges of Cost Effective Risk Management
in the Prolonged Shipping Downturn”
For SSA Members
S$750!
Enjoy Early Bird Special rate for 2 Day Event with meals,
conference documents, Asia Insurance Review Magazine
at only SGD 750 (valid till 18 Oct 2013), after which the
rate will be SGD 900.
MCF Training Grant is available for eligible participants.
Please refer to www.mpa.gov.sg/mcf for information.
(Singaporean and PR Only)
Organised by:
Sponsors:
Supported by:
Media Partner:
Register online at www.asiainsurancereview.com/marine
/AIReDaily #AIRmarine
/AsiaInsuranceReview
/company/asia-insurance-review
1st Asia Marine Insurance Conference
18-19 November 2013, Marina Mandarin Hotel, Singapore
What are Shipowners doing to improve their
Risk Transfer and Mitigation?
Who Should Attend
• Shipowners
T
he 1st Asia Marine Insurance Conference, organised with the
support of the Singapore Shipping Association, General Insurance
Association of Singapore and the Singapore Maritime Foundation is:
• A platform for dialogue for hot marine issues related to risk transfer
and mitigation, insurance and claims for ship owners, yards, ports,
marine brokers, insurers and underwriters.
• To gauge the renewal mood for cargo, hull, P&I and liability business
at a time with ship owners and their affiliates are operating in one of
the worst economic environments with weak freights while insurers
are faced with higher claims and soft premium rates.
How far more is the shipping industry in deep recession?
• Are there signs of a turnaround in freights and oversupply of tonnage
in key tanker, containers and drybulk sectors?
• Will there be an upheaval in the P&I renewal yet again in Asia?
• Government
• Ship Financiers
• Marine Insurers
• Shipbuilders
• Classification Societies
• Maritime Lawyers
• Port Operators
• Will the Hull & Machinery rates rise to meet burning costs despite
the excess capacity?
The Importance and Uniqueness
of the Nordic Plan
• Will cargo get far?
• It is truly an agreed document based on a
formal agreement between Nordic Insurers
and the Nordic Ship Owners Associations
These are some of the burning questions that will be addressed at
the two day conference along with the key trends in marine insurance
markets as well as the growing market in shipyard and offshore
vessel exposures including FPSOs and FSOs. The changes in each
sector with insights on the technical issues which owners and their
insurers are grappling with today – including: what is the future of the
General Average system, the risks associated with the Post Panamax
generation of container ships in light of recent major casualties; and
the current debate on wreck removal.
• It is reviewed and up-dated by a Standing
Revision Committee every three years.
• It is comprehensive and coordinated: all
standard non-P&I marine insurance products
are included together with common rules of
the kind that otherwise have to be searched
for in background legislation or case law.
Join our Global Panel of Experts in Key topic areas covered:
Marine Protection & Indemnity (P&I), Hull & Machinery (H&M), Cargo and Offshore/Yards
which include both commercial state of the market papers AND technical issues in each market:
•
Patrick Phoon, President, Singapore Shipping
Association and Deputy Managing Director, Evergreen
Shipping Agency (Singapore) Pte Ltd
•
Sugiman Layanto, Managing Director, PT. Wintermar
Offshore Marine, Tbk.
•
Tan Chin Hee, Executive Director, Pacific Carriers
Limited (“PCL”)
•
Martin McGregor, CFO, Thome Group of Companies
•
Loo Tze Kian, Managing Director, L.C.H. (S) Pte Ltd –
Insurance Brokers & Consultants
•
Hugo Wynn-Williams, Chairman – International
Group of P&I Clubs Reinsurance Subcommittee,
Chairman – Thomas Miller Holdings, CEO – Thomas
Miller P&I (Europe) Ltd
•
Alistair Groom, Chairman, Charles Taylor Mutual
Management (Asia) Pte Ltd, managers of The
Standard Club Asia Ltd
•
David Roberts, Director, Charles Taylor Mutual
Management (Asia) Pte Ltd
•
Nicolas White, Master Mariner and Director,
London Offshore Consultants (LOC)
•
Matt Cannock, Managing Director, Markel International
•
Jesse W Lewis Jr, Founding Partner, Admiralty Helix
Media Pte Ltd
•
Ole Jørgen Eikanger, Director, Communication and Client
Services, Norwegian Hull Club
•
David Bellamy, Director, Underwriting, Norwegian Hull
Club
•
Nic Wilmot, Senior Vice President, GARD AS
•
Lim Lay-Hui, Senior Vice President, Underwriting,
Peak Reinsurance Company Limited
•
Victor Enzler, Vice President, Property & Specialty
& Senior Marine Underwriter , Swiss Reinsurance
Company Ltd
•
Jon Elliott, Director, Elliott Associates Pte Ltd
•
Peter Hulyer, Regional Managing Director, Marine
Asia, Aon Risk Solutions
•
Chris Edwards, Partner, Clyde & Co LLP
•
Dominic Johnson, Partner, Holman Fenwick Willan LLP
•
Iain Anderson, Partner, Reynolds Porter Chamberlain
LLP
•
Paul Aston, Partner, Holman Fenwick Willan LLP
1st Asia Marine Insurance Conference
18-19 November 2013, Marina Mandarin Hotel, Singapore
PROGRAMME
Day One: Monday, 18 November 2013
8.00 am
Registration & Coffee
9.00 am Opening Address by Chairman of Conference for Day One
Edward Ion, Founder & Managing Partner, Helix Media Pte Ltd
9.05 am Welcome Speech
Patrick Phoon, President, Singapore Shipping Association
and Deputy Managing Director, Evergreen Shipping Agency
(Singapore) Pte Ltd
9.30 am
Keynote Address
Alistair Groom, Chairman, Charles Taylor Mutual Management
(Asia) Pte Ltd, managers of The Standard Club Asia Ltd
10.15 am
Tea Break Hosted by Helix Media
10.45 am
Recession and Recovery: The Inevitable Cycle of P&I Claims
Hugo Wynn-Williams, Chairman – International Group of P&I
Clubs Reinsurance Subcommittee, Chairman – Thomas Miller
Holdings, CEO – Thomas Miller P&I (Europe) Ltd
Day Two: Tuesday, 19 November 2013
Chairman of Conference for Day Two
Jesse W. Lewis Jr., Founding Partner,
Admiralty Helix Media Pte Ltd
9.00 am The H&M Market is Awash with Capacity; But Is This
Always a Good Thing for Owners?
Loo Tze Kian, CEO / Managing Director,
L.C.H. (S) Pte Ltd
9.30 am
Marine Hull & Machinery State of the Industry Panel
There Seems to be Ample Capacity in Today’s Hull
and Machinery Market
Marine Hull & Machinery (H&M)
• How do owners take advantage of this and what are the key
factors for owners when selecting their H&M cover?
• Will the current spate of mega hull claims change the
marketplace?
• What can owners expect in the next renewal season?
Marine Protection & Indemnity (P&I)
Panellists:
•Loo Tze Kian, CEO / Managing Director,
L.C.H. (S) Pte Ltd
•Matt Cannock, Managing Director,
Markel International Singapore Pte Ltd
•David Bellamy, Director, Underwriting,
Norwegian Hull Club
•Chris Edwards, Partner, Clyde & Co Clasis
Singapore
11.15 am
Marine Protection & Indemnity (P&I) State of the Industry Panel
The Changing Face of the Global P&I Market
Claims Trends in P&I
Club Investment Performance & P&I Underwriting
10.00 am Hull and Machinery Claims – Crew Negligence
Monir Uddin, Director & Marine Engineer,
London Offshore Consultants, Singapore
Panellists:
10.30 am Tea Break
11.00 am
Salvage Issues: Technical and Operational – “ THUAN
MY” Salvage – A Unique Southeast Asian Case Study –
Bringing All Stakeholders to the Table
Drew Shannon, Operations Manager East Coast
(Australia), London Offshore Consultants (LOC) Australia
11.30 am Panel on Salvage Issues & Recent Developments in
Salvage Law
Panellists:
•Dominic Johnson, Partner, Holman Fenwick
Willan
•Nicolas White, Director & Master Mariner,
London Offshore Consultants (LOC) Singapore
12.00 pm Lunch
1.30 pm
Expert Presentation: York Antwerp Rules and the
Future of General Average.
• What can owners do in the face of rising P&I club premiums?
• What can they expect at the next renewal?
• What is the long term future of the Club system?
• What can clubs and owners do to manage the trend of increasing large
losses better?
• How long can improved investment performance offset continuing
underwriting losses of most clubs?
•Tan Chin Hee, Executive Director, Pacific Carriers Limited (PCL)
•David Roberts, Director, Charles Taylor Mutual Management
(Asia) Pte Ltd
•Peter Hulyer, Regional Managing Director, Marine,
Aon Singapore (Broking Centre) Pte Ltd
•Hugo Wynn-Williams, Chairman – International Group of P&I
Clubs Reinsurance Subcommittee, Chairman – Thomas Miller
Holdings, CEO – Thomas Miller P&I (Europe) Ltd
12.00 pm Lunch
1.30 pm
Marine Cargo State of the Industry Panel
Dialogue between Broker, Underwriter and Cargo Shipper
Marine Cargo
• Are cargo owners getting a good deal from underwriters at the moment?
• Current issues facing Cargo Underwriters.
• Technical issues in the Cargo Market.
Panellists:
•Lim Lay-Hui, Senior Vice President, Underwriting,
Peak Reinsurance Co Ltd
•John Joseph Woods, Marine Consultant and Master Mariner,
London Offshore Consultants (LOC) Singapore
• Jonathan Ranger, Chief Executive Officer, Watkins Syndicate
Singapore Pte Ltd
1.50 pm
Expert Presentation on Crisis Handling:
Managing Perception: Media Handling and Do and Don’ts of
Talking to the Media in a Casualty Crisis Situation
Jesse W. Lewis Jr., Founding Partner, Admiralty Helix Media Pte
Ltd
Special Feature
2.15 pm
2.45 pm
3.15 pm Increasing Opportunities for Insurance Companies in Indonesia’s
Marine Markets
Sugiman Layanto, Managing Director, PT Wintermar Offshore
Marine, Tbk
• Should the GA system be changed or scrapped?
• How serious are moves to replace it?
Alex Pinto, Director, Richards Hogg Lindley
Offshore and Energy
2.00 pm Yard Liability Cover and How It Is Developing;
The Issue of FPSOs/FSOs – Handling Claims Arising
from Their Construction and Operation
Iain Anderson, Partner, Reynolds Porter Chamberlain
LLP
2.30 pm Offshore Vessel Insurance Market
What are the Risk Exposures of the New Generation of
Sophisticated Offshore Support Vessels?
Capt Jon Elliott, Director, Elliott Associates Pte Ltd
3.00 pm Offshore Vessel Insurance Market
What are the Exposures on Seismic Vessels,
Accommodation Barges and other kinds of Specialist
Offshore Tonnage?
Paul Aston, Partner, Holman Fenwick Willan LLP
3.30 pm Tea Break
4.00 pm
Insuring Smaller Vessels
Tea Break
Industry Stakeholders’ Panel
Is Risk Management Improving and Is There Anything Owners
Can Do to Keep Insurance Costs Down in These Continuing
Difficult Times?
Dialogue between Owner/Manager/Broker/Underwriter/Reinsurer/
Lawyer on the Owner/Buyers’ perspective
Panellists:
•Martin McGregor, CFO, Thome Group
•Victor Enzler, Vice President, Property & Specialty & Senior
Marine Underwriter, Swiss Reinsurance Co Ltd
•Iain Anderson, Partner, Reynolds Porter Chamberlain LLP
•Lewis A Hart, Executive Director, Marine Asia Pacific,
Willis (Singapore) Pte Ltd
4.00 pm
The Nordic Plan – What does the Shipowner Get for His Money?
Nic Wilmot, Senior Vice President, GARD AS
5.00pm
End of Day One
• Claims Record: are claims rising?
• What are the issues among the bunker vessel owning
community?
• Do the clubs/hull underwriters serve the market well?
Jeremy Slater, Underwriting Manager,
The Shipowners’ Mutual Protection and Indemnity
Association (Luxembourg), Singapore Branch
Special Feature
4.30 pm What if…. Emergency Response In the First Minutes Ole Jørgen Eikanger, Director, Communication and
Client Services, Norwegian Hull Club
5.00 pm End of Conference
Programme is subject to change
1st Asia Marine Insurance Conference
18-19 November 2013, Marina Mandarin Hotel, Singapore
Fax to: (+65) 6845 1020
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Accredited by
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Closing date for registration: 11 November 2013
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