The World Insurance Forum Set for Feb. 21-23 in Bermuda

February 9, 2006

The World Insurance Forum, set for Feb. 21-23, is an industry hosted conference for world insurers, reinsurers, risk managers, regulators, financiers and brokers.

It is a biennial event held in Bermuda and provides a platform for open and transparent discussion of critical issues and needed changes within the commercial insurance industry. Offered opinions and observations by attending leaders serve as a resource for global risk markets and the global businesses who rely upon global commercial insurance and reinsurance capacity to operate their businesses globally.

This is a major public forum for the CEOs of the largest global insurance, reinsurance, brokerage and accounting companies. They will meet with modeling, regulatory and rating agencies from the U.S., Europe, Bermuda, Australia, Lloyds and capital markets.

Through panel discussions these speakers will address the challenges that face the industry and offer potential solutions to them. Their topics will likely cover natural disasters, modeling, standardization of insurance supervision, governance, terms of trade and return on capital.

Michael Butt, chairman, 2006 World Insurance Forum and chairman, Axis Capital Holdings Limited, stated: “With the unprecedented natural and manmade catastrophes of 2005, the world is looking to see how the commercial insurance, reinsurance and capital markets will respond and changes will be needed to protect shareholder and client interests. The assembled line up of world speakers participating on the WIF stage later this month will contribute significantly to the quality of debate on these issues.”

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