Conference Schedule

Registration Desk, Vendors, Booth & Cyber Cafe Set Up

Additional Meeting Room: Bermudiana (located off the hotel lobby, and is available for BIMA and other members to book for meeting use during the conference.) -Contact: info@bermudacaptive.bm

Golf Tournament: Sponsored by Performa Ltd.

Golf Tournament at the Port Royal Golf Course, home of the PGA Grand Slam of Golf. Transport to pick up golfers from hotel lobby at 7:15 am. The tee off time is at 8:00 am. A box breakfast will be supplied.

Registration Desk

Registration Desk opens

Wake Up Walk: TBC

From beach terrace, over beach dunes, Horseshoe Bay and Fairmont Southampton hotel property. Continental breakfast will be supplied at the end of the walk.

Pre-Conference Tutorial A: An Introduction to Bermuda and Captive Insurance

A basic introduction to captives looking at the different types, the advantages they can offer, basic tax considerations, the history of captives, and the regulatory environment in Bermuda.

Networking Break

Pre-Conference Tutorial B: How to Establish a Captive

A discussion of the various stages in the establishment of a captive, from the role of the feasibility study to the application process. The session will also review the roles of third party organisations in a captive structure and how they should be selected.

Exhibit Hall Opens

Introductory Remarks

Speaker(s):

• Peter Willitts, President, Liberty Mutual Management

Round Table Discussions

Moderator:

• Lawrence Bird, Managing Director, Marsh IAS Management Services (Bermuda) Ltd.

Networking Break: Sponsored by Dyna Management Services Limited

Coffee, juice, and water

Who Are the Agenda Setters for Regulatory Changes?

By briefly summarising recent regulatory changes in Bermuda, this session explores the hierarchy of standard setting bodies IAIS and EIOPA, as well as those bodies such as the IMF and OECD who carry out assessments.

Moderator:

• Andy McComb, President & CEO, CTC Insurance Management (Bermuda) Ltd.

Welcome Cocktails: Sponsored by PriceWaterhouseCoopers

Welcome cocktails at Beach Terrace with golf prizes.

Registration Desk

Registration Desk opens

BCOA Breakfast and AGM

Market Industry Speaker: Don Kramer

Networking Break: Sponsored by Dyna Management Services Limited

Captive Benchmarking- What Does It Tell Us?

Ellen Charnley will lead a panel discussing recent trends in captives and what recent benchmarking reports actually tell us.

Investment Strategies for the Small / Medium Captive

This panel will examine the investment opportunities available to start-up and small captives, as well as those operating under the constraints of collateral requirements. Moderator- TBD

Key Note Speaker Luncheon: Sponsored by Wells Fargo

Speaker(s):

• Ken Schmidt, Brand Visionary and Communications Strategist for Harley-Davidson Motor Company

Solvency II - What Does It Mean For You?

The panel will de-mystify Solvency II, explaining what it is and the status of Bermuda's equivalency status, and analyse the impact that equivalency, or the absence of equivalency, will have on your captive.

Moderator:

• Stephen Kuzyk, Partner, Deloitte Bermuda

Networking Break: Sponsored by CapVisor

Good Governance for Captives

This session reviews what would be considered a good governance framework for captives, including a discussion of the need and role of independant directors.

Moderator:

• Michael Frith, Partner, Conyers Dill & Pearman

Taking Your Investment Strategy to the Next Level- Optimizing Your Captive's Strategy Asset Allocation (SAA)

A panel will examine the role of analytic systems, of varying complexity, that might prove to be beneficial support tools when deciding on strategic asset classes for an investment portfolio. The panel will also discuss how to evaluate the investment manager's efficacy in executing a tactical portfolio management to implement strategic allocation and investment objectives.

Moderator:

• Carl Terzer, Principal, CapVisor Associates, LLC

Reinsuring Your Captive in the Bermuda Market

A panel of Bermuda reinsurers discuss their appetite for captive business, indicating what they have written to date and what they are looking to do in the future.

Moderator:

• Scott Gemmell, Vice President, Nautilus Indemnity

Financing Employee Benefits Through Your Captive

Experienced practitioners will describe what it takes to make large programs consisting of group life, disability, medical/healthcare and even post-retirement benefits succeed in captives. The session will show what needs to be done, what works and what is best practice.

Speaker(s):

• Wendy Liu, Head of Central Deal Desk for Corporate Life and Pensions, Zurich Financial Services Group
• Brian Quinn, Director & Chief Underwriting Officer, Granite Management Limited

Moderator:

• M. Page Rouse, Vice President and Manager - Captive Division, Chartis Bermuda Limited

Cocktails/Wine Tasting with Exhibitors: Sponsored by Butterfield, KPMG, Marsh IAS and Legal Solutions Group

Registration Desk

Registration Desk opens

Breakfast with Exhibitors

Continental Breakfast to be served.

Global Market Outlook

Henk Potts, Director of Global Investment Strategy for Barclays Wealth, and a senior HSBC economist share their opinions on the global financial and economic outlook.

Speaker(s):

• Henk Potts, Director of Global Investment Strategy, Barclays Wealth

Networking Break: Sponsored by Strategic Risk Solutions (Bermuda) Ltd.

Tax Update

Catherine Sheridan (KPMG Bermuda) and Tom Jones (McDermott, Will & Emery) review the latest development in taxation impacting captives.

Speaker(s):

• Thomas M. Jones PC, Partner, McDermott Will & Emery LLP
• Catherine Sheridan, Tax Partner, KPMG Bermuda

The Canadian Captive Market

GAAP Update

The panel will review the latest developments in GAAP, as well as the momentum of companies switching to IFRS and the impact of such a switch.

Moderator:

• David Gibbons, Senior Manager, Assurance, PricewaterhouseCoopers

Bermuda as a Domicile for Canadian Captives

This session will review the latest developments in Canadian captives and the advantages of Bermuda as a domicile.

Moderator:

• Rochelle Simons, Bermuda Insurance Management Association (BIMA)

Lunch with Exhibitors

Closing Session - Captive Hot Topics

A panel of industry experts from different disciplines discuss topical issues affecting captives such as Dodd Frank, Solvency II, and investing in the current climate, in the conference's closing session.

Moderator:

• Peter Willitts, President, Liberty Mutual Management

Booths Closing Time

Gala Dinner: Sponsored by Barclays Wealth

Drinks from 7:00 pm - 7:45 pm on the Great Sound Lawn at Fairmont Southampton Dinner under tent from 8:00 pm - 11:00 pm