MICROFINANCE EVENT: Global Insurance Conference 2011, Sponsored by World Bank and International Finance Corporation (IFC), June 1 - June 2, 2011, Washington, DC, USA - Registration Closes May 25, 2011

Event Name: Global Insurance Conference

Event Date: June 1, 2011 to June 2, 2011

Event Location: Preston Auditorium, World Bank Headquarters, Washington, DC, USA

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Cost: The registration fee is USD 1,000 per person and includes breakfast, lunch, receptions and refreshment breaks in addition to access to all sessions and materials. A 50 percent discount is offered to groups of 3 or more people from the same institution.

Summary of Event:
The theme for the inaugural Global Insurance Conference is “Developing Insurance in the Face of New Challenges: Capturing Solvency II and Market Inputs to Expand the Reach of Insurance.” Hosted by The World Bank and International Finance Corporation (IFC), two members of the World Bank Group, the conference is aimed at leaders in the insurance and reinsurance sectors along with the staff of World Bank Group institutions.

Major themes for the conference include:
– Solvency II, new regulations covering risk capital requirements for insurance companies in the European Union
– Bancasuurance, partnerships between banks and insurance companies
– Insurance and climate change
– Trends and innovation in insurance products (agricultural, catastrophe, takaful, microinsurance, motor-third party liability)
– Policyholder protection measures

Background on Organizers:
The World Bank Group consists of five institutions, all of which are owned by member countries. The Group’s mission is to improve living standards for people in the developing world. The World Bank Group encompasses the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); the International Centre for Settlement of Investment Disputes (ICSID) and the World Bank, which consists of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

A member of the World Bank Group, the International Finance Corporation (IFC) offers loans, equity investments, advisory services and technical assistance to private companies with the intent of alleviating poverty and promoting open and competitive markets in developing countries. As of 2011, IFC has 182 member countries that drive its policies and approve disbursements. As of June 30, 2010, IFC reports net income of USD 1.75 billion, total assets of USD 61 billion, return on assets of 3.1 percent and total investment mobilization of USD 18.4 billion to 528 projects.

Event Website: http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTFINANCIALSECTOR/0,,contentMDK:22823645~menuPK:282927~pagePK:64020865~piPK:51164185~theSitePK:282885,00.html

Online Registration Address: http://siteresources.worldbank.org/FINANCIALSECTOR/Resources/RegistrationForm_Global_Insurance_Conference.pdf

For additional information, you may contact Uloaku Echebiri via email at uechebiri@worldbank.org or by telephone at +1 202 473 9501

Submit Your Event: http://microfinanceassociation.ning.com/events

MicroCapital Universe Profile: The World Bank Group, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=The+World+Bank+Group

MicroCapital Universe Profile: International Finance Corporation (IFC), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=International+Finance+Corporation+%28IFC%29