First Saudi Insurance Symposium on 22, 23/02/2011- Riyadh, Kingdom of Saudi Arabia - Professional Insurance Education

Answer Key Sample test I***1 a 2 c 3 c 4 c 5 d 6 b 7 a 8 b 9 c 10 c.

Mr. Mohammed Sadullah Khan, Faculty Member, Insurance Studies Unit, Institute of Banking, Riyadh, Saudi Arabia addressing the gathering of Insurance Professionals from the Insurance Industry at the First Saudi Insurance Symposium on 23/02/2011.

Mr. Mohammed Sadullah Khan of Institute of Banking with Mr. Bruce C. S. Aitken, Chief Executive Officer of ACE Arabia Insurance Company.

Mr. Mohammed Sadullah Khan, Faculty Member, Institute of Banking, addressing the queries raised by the Insurance Executives. Mr. Samy Al Ali, Chief Executive Officer of Al-Ahlia Insurance Company and the Chairman of the session is beside him.

Question and Answer Session -

Ali-Al Subaihin, Chief Executive Officer of Tawuniya - commenting on the presentation of Mr. Mohammed Sadullah Khan.



 Mr. Hisham Yasin, Business Development Manager making his comment on the presentation.




Mr. Basem Odeh, General Manager, Arabian Shield Insurance Company making his comment.

From left to right - Mr. Alfredo Soares,Senior Associate, Mercer, Mr. Tal Nazer, Managing Director, BUPA Arabia, Mr. Mohammed Sadullah Khan, Faculty Member of Institute of Banking, Mr. Samy Ali, Chief Executive Officer, Al Ahlia Insurance Company, Mr. Hisham A. Yasin, Business Development Manager of Institute of Banking

Mr. Mohammed Sadullah Khan, Faculty Member, Institute of Banking with Mr. Syed Kaleemullah Hussaini, Manager, Arab Commercial Enterprises Ltd. and Mr. I. Bader, Senior Surveyor/Manager,Arabian Inspection & Survey Co. Ltd.

1st Saudi Insurance Symposium 2011
Riyadh 22nd-23rd February, 2011
Day & Time Topic Speaker

Day 1

8:30am Registration, morning refreshments

9:00am Welcome note Mr. Jamaan Al Wagdany, Director General, IOB

9:05am Official Opening H.E. Dr. Abdulrahman Alhamidy, Vice Governor , SAMA

9.15am Session 1: The Insurance Industry in the Kingdom

15 min. The existing paradigm shift - Competition vs. Survival Mr. Ali AlSubaihin, Tawuniya

15 min. The hidden challenge - Solvency margin requirements Mr. Harvey Duckers, GAD

15 min. Is merger our destiny? Saleh Alhnaki, Actuscope

30 min. Q&A Panel Discussion Panelist: Mr. Paul Adamson, AXA, Mr. Omar Bilani, Watania, Chairman: Mr. Ayman El Hout, Med Gulf

10:30am Coffee Break

10.45am Session 2: Insurance experience - Mega Projects

15 min. Aramco Experience Mr. Tariq M. Malak, Aramco.

15 min. Sabic Experience Mr. Naser Al Jarba, Sabic.

15 min. Brokers' Perspective Mr. Nabil Kokash, Aon Saudi Arabia

30 min. Q&A Chairman: Mr. Mousa Al Rubaian

12:00PM Prayer time and Coffee Break

12:30 PM Session 3: Market Regulation - Regulators' Perspective

15 min. The Transition from Regulation to Supervision Mr. Mohammed Al Shayea, SAMA

15 min. Compulsory Health Insurance / Way forward Dr. Abdullah Al Sharif, Council of Co-operative Health Insurance

15 min. Governance CMA

30 min. Q&A Chairman: Mr. Ali Al Ayed, Malath

01:45 PM Buffet Lunch

Day 2

8:30am morning refreshments

9:00am Session 4: Enterprise Risk Management Governance and Compliance

15 min. Successful Implementation of ERM in the KSA Insurance Sector Mr. James Peacock, S&P

15 min. Implementing Risk Management Governance & Compliance Mr. Mark Stephens, Milliman

15 min. Business Benefits of Compliance Mr. Basem Odeh, Arabian Shield

30 min. Q&A Chairman: Mr. Debo Ajayi, Milliman

10:15am Coffee Break

10.30am Session 5: Natural Risks

15 min. Natural Disasters - Regional trends Dr. Morten Karnuth, Munich Re

15 min. Mitigation of natural disasters Mr. Mike Barnes, McLarens Young Saudi Co. Ltd.

15 min. From Business Interruption to Business continuity - Case Study Mr. Ayman El Hout, Med Gulf

30 min. Q&A Chairman: Mr. Yassir Al Baharna, ARIG

11:45AM Prayer time and Coffee Break

12:30 PM Session 6: The Human Aspects of the Insurance Industry

15 min. Developing People in emerging market Mr. Alfredo Soares, Mercer.

15 min. The IOB's Contribution towards Professionalism Mr. Sadullah Khan, IOB

30 min. Q&A Chairman: Mr. Samy Al Ali, Al Ahlia

15 min. Wrapping & Close of Days 1&2 Facilitator: Mr.Tal Nazer, BuPa Arabia

01:45 PM Buffet Lunch

Type of Insurance Policies available in Kingdom of Saudi Arabia. India and world over.

(Professional insurance education).


All risks insurance,
Automobile Insurance,
Aviation insurance,
Accidental Insurance
Business interruption insurance,
Construction insurance,
Construction All risks insurance,
Car Insurance
Casaulty Insurance,
Credit Insurance,
Credit Guarantee Insurance,
Directors and Officers Insurance,
Domestic maid insurance in saudi arabia,
Employee dishonesty insurance,
Erection insurance in saudi arabia,
Fidelity guarantee insurance in saudi arabia,
Fire insurance,
Fisheries Insurance,
Group life insurance,
General insurance,
Health insurance,
Insurance education in saudi arabia,
Liability,
Life insurance in saudi arabia,
Loss of profit Insurance,
Poultry Insurance,
Public Liability Insurance,
Plant and equipment Insurance,
Machinery insurance,
Machinery Breakdown Insurance,
Machinery all risks insurance in saudi Arabia,
Marine ,
Medical insurance in saudi arabia,
Medical malpractice insurance,
Money insurance in saudi arabia,
Motor,
Personal possession insurance,
Personal Accident Insurance,
Professional insurance education in saudi arabia,
Property insurance in saudi arabia,
Property all risks insurance,
Third party insurance in saudi arabia,
Third Party Liability Insurance,
Travel insurance in saudi arabia,
Major types of Insurances
Re-insurance in major classes,
Workmen compensation,