AAI organize seminar under the theme: ‘The Future of Insurance in
Sri Lanka’
Asian Alliance Insurance PLC (AAI), along with their new
shareholders, Messrs. Financierings-Maatschappij voor
Ontwikkelingslanden N.V. Netherlands (FMO) and Deutsche Investitions-und
Entwicklungsgessellschaft MBH of Germany (DEG) has taken the initiative
to host a seminar for Sri Lankan insurance companies and stakeholders of
the industry on the theme,” “The Future of Insurance in Sri Lanka”. The
aim of the seminar is to prepare the industry ahead of the segregated
insurance operation requirement, which will come into effect from
February 2015. The program has been designed to educate and share
international expertise on the challenges that companies can expect to
face when composite insurance companies split into separate Life & Non
Life entities by 2015, and how they can successfully combat the
challenges that would arise.
The one-day seminar will be held on 14th May 2013 at the Cinnamon
Lakeside, Colombo, and is targeted towards the top management of
insurance companies, including CEOs, COOs, CROs, Actuaries and CIOs as
well as its stakeholders from Legal, Finance, Securities and Rating
agencies. The comprehensive seminar programme will offer these
decision-makers a 360-degree view of what obstacles they could face and
share the experience on how such segregated companies in other markets
work.
“The Future of Insurance in Sri Lanka” seminar will feature high
profile insurance personnel who will share their experiences on
segregation of insurance companies into Life and Non life operations.
Some of the main highlights on the program include discussions on the
topics of “Strategic choices relate to splitting a composite insurance
company”, “Operational challenges of splitting an insurance company”,
Progress of splitting in the Sri Lankan insurance industry, etc. with
real life examples.
This seminar provides ample opportunity for participants to engage in
interactive sessions with experts so as to gain maximum leverage on the
topic whilst exploring the technical and operational challenges of the
segregation.
This vital industry initiative is very timely as the deadline for
segregation of the insurance industry draws near and the expert
knowledge shared during the seminar will provide an in-depth look into
how Sri Lankan insurance leaders could guide their firms through this
requirement with the minimum of difficulty. |