Increasing Issuance, Enhancing Transparency, and Expanding the Investor Base for Cat Bonds & Longevity-Based Investments among Strategies Addressed at 7th Insurance Linked Securities Summit

NEW YORK--(BUSINESS WIRE)--Organized by Finance IQ, a division of IQPC, the 7^th Insurance Linked Securities Summit was held January 27-29, 2010 at the Roosevelt Hotel in New York, NY.

“The structure of the conference ensured that, whichever side of the fence you’re interested in (life, non-life or even both), you walked away with two full days’ worth of strategies and solutions on the critical issues facing your market”

After numerous changes on both the life and non-life sides of the market during 2009, the 7th ILS Summit addressed the major challenges in the marketplace – specifically increasing issuance, enhancing transparency and expanding the investor base for cat bonds, ILS, and longevity-based investments.

On the non-life side, conversations revolved around the future of the ILS market and collateral challenges such as triparty repo structures and government-guaranteed solutions. It was clear at the 7^th ILS Summit that industry participants were even more focused on growing the ILS market in 2010 and beyond. Improving transparency, securitizing new risks, and expanding the investor base are priorities for all parties involved.

On the life settlements and securitization side of the market, it appears there are still numerous challenges relating to the life expectancy changes from 2008, which have caused potential investors to remain skeptical about the value of these portfolios. In addition, evolving regulatory and tax law changes at state and federal levels have introduced new legal and administrative challenges. However, it reflected that the market continues to show innovation with alternative product structures and new investment sources in Asia and Latin America.

“The structure of the conference ensured that, whichever side of the fence you’re interested in (life, non-life or even both), you walked away with two full days’ worth of strategies and solutions on the critical issues facing your market,” commented Toby Donovan, IQPC Conference Director.

Participating organizations at the 7^th ILS Summit include SCOR, Allianz, Liberty Mutual, USAA, World Bank Treasury, TIAA-CREF, NCOIL, Rigi Capital Partners, Swiss Re and many others. In addition, the Summit featured several Guest Keynote presenters:

• Dr. Kenneth Froot, Andre R. Jakuski Professor of Business Administration, Harvard University
• Dr. Kerry Emanuel, Professor of Atmospheric Science, MIT
• Dr. Jay Olshansky, Professor of Epidemiology, University of Illinois at Chicago
• John Seo, Managing Principal, Fermat Capital

Finance IQ has announced the full 2010 ILS event series, including: 3^rd Life Settlements & Longevity Summit (March 24-25, 2010 in New York), 2^nd Insurance Linked Securities Summit Europe (April 26-28, 2010 in London, UK), 8^th Insurance Linked Securities Summit (July 14-16, 2010 in Southampton, Bermuda), 4^th Life Settlements & Longevity Summit (September 30- October 1, 2010, New York, NY) and the Insurance Linked Securities Summit Asia (October 25-27, 2010 in Hong Kong).

For more information about the event series, follow Finance IQ on Twitter at www.twitter.com/IQPCFinance or contact Toby Donovan, Finance IQ Conference Director at [e-mail].

About IQPC

IQPC (www.iqpc.com) provides business executives with tailored practical conferences, large-scale events, topical seminars and in-house training programs. Producing over 1,500 events annually around the world, IQPC continues to grow and has offices in cities across six continents including: Berlin, Dubai, London, New York, Sao Paulo, Singapore, Stockholm, Sydney, and Toronto.