Retro and Retakaful - Assaif

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2 Agenda Setting the Scene Retrocession Market Risk & Catastrophe Losses Update Importance of Retrocession Protection as a part of Enterprise Risk Management Market Status Market Environment & Peak Exposure Solutions The International Takaful Summit 2009
3 Setting the Scene Retrocession - the provision of Retakaful to professional Retakaful providers Retakaful market is expanding, over 10 International Retakaful operators or ‘windows’ throughout Asia, the Middle East and North Africa Who provides the retrocession cover – Retakaful operators to each other or conventional? Darura applies Potential spiral effect? Long-term aim; an integrated Takaful chain participant to Takaful operator to Retakaful operator to Retakaful retrocessionaire. 90% of required Treaty capacity can be provided by the Retakaful market. Natural Hazard is not a major concern but is there value in the creation of a large risk facility to encourage retention of contributions within the Takaful sector for non-accumulating peak risks? Fiscal stimulus opportunities? The International Takaful Summit 2009
Page 1: Retro and Retakaful Duncan Garland
Page 5 and 6: 5 Global Insured Event Losses, 1970
Page 7 and 8: 7 Enterprise Risk Management / Retr
Page 9 and 10: 9 Key Success Metrics and Defining
Page 11 and 12: 11 Global Cumulative Retro Event Ul
Page 13 and 14: 13 Per Risk Peer Company Review Cum
Page 15 and 16: Market Environment & Peak Exposure
Page 17 and 18: 17 Changing Market Environment Add
Page 19 and 20: 19 Blended Purchase to achieve $1bn
Page 21 and 22: 21 Significant purchase for Peak Te
Page 23 and 24: 23 Significant Purchase for Peak Te
Page 25 and 26: Retro and Retakaful
Page 27: Retro and Retakaful Duncan Garland

Retro and Retakaful - Assaif

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