9.30-10.00 Registration & Welcome Coffee

10.00-10.15 - Opening remarks

10.15-11.30 Session I - The Romanian Catastrophe Insurance Program: current status

Topics:

• Report on the status of the Insurance Law and implementation of the Insurance Component
• World Bank's involvement in disaster mitigation schemes & the importance of finalizing the Romanian disaster insurance program.
• Insurance industry on catastrophe insurance

Invited speakers:

• Sergiu COSTACHE, Media XPRIMM (download)
• Mr. Radu Mircea POPESCU, Councillor, The Ministry of Interior and Administrative Reform, Romania
• Mr. Eugene GURENKO, Lead Insurance and Risk Management Specialist Capital and Risk Markets Operations and Policy Department Financial Sector Vice-Presidency, World Bank, USA (download)
• Mr. Dan CONSTANTINESCU, Member of the CSA-The Romanian Supervisory Commission Council
• Mr. Gabriel IONITA, Senior Agriculture and Irrigation Specialist ECSSD, World Bank, Romania
• Mrs. Florentina ALMAJANU, Director General, UNSAR, Romania
• Mr. Bogdan ANDRIESCU, President, UNSICAR, Romania

11.30-12.00 Coffee break

12.00-13.00 Session II - Key features of the Romanian Catastrophe Insurance Program

Topics:

• Hazard risk mitigation and emergency preparedness project (HRMEP)
  - Component A: Strengthening the Emergency Management and Disaster Financing Capacity
  - Component B: Earthquake Risk Reduction
• The structure and key business implications of the law
• Application Norms for the Law regarding the mandatory households insurance

Invited speakers:

• Mrs. Daniela GHETU, Editorial Director, PRIMM Magazine - Insurance & Pensions, Romania (download)
• Mr. Aurel BILANICI, PMU Director, Ministry of Interior and Administration Reform, Romania (download)
• Mr. Daniel POPA, PMU Engineer, MDLPL-The Ministry of Development, Public Works and Housing, Romania (download)
• Mr. Inderjit CLAIRE, Vicepresident, RMSI, India (download)

13.00-14.00 Business lunch

14.00-15.00 Session III - Operational Issues of the Program

Topics:

• Development of the guidelines on Risk Management, Assets Allocation and Operation of Romanian Catastrophe Insurance Scheme (PAID)
• Catastrophe Scheme Consortium: introduction, role and added value
• Reinsurers' perspectives on the project. Role of the reinsurance industry in the management of catastrophic risks

Invited speakers:

• Mr. Guy HUDSON, Executive Director, WILLIS, U.K. (download)
• Mr. Simon FOREMAN, Director, Central & Eastern Europe AON Ltd., U.K. (download)
• Mr. John MOORE, Head of the Benfield ReMetrics Team London, U.K.
• Mrs. Daniela FLOREA, CEO, GEO STRATEGIES-EXPERIAN, U.K.

15.00-15.30 Coffee break

15.30-17.00 Session IV - Disaster risk management in Europe

Topics:

• Risk mapping and zoning approaches (floods and earthquake) in Europe. National platforms for disaster reduction of European countries
• Insurability of natural risks in Austria
• Risk Management Strategies for Governments of Developing Countries
• Preventing and mitigating flooding risks; Landslides Risk Mitigation
• Weather related catastrophes. Warming climate - source of major changes in the risk profile of the European territories

Invited speakers:

• Mr. Aurel BILANICI, PMU Director, Ministry of Interior and Administration Reform, Romania (download)
• Mrs. Anita SCHONEGGER, Manager Property, VVO-Austrian Insurers Association, Austria (download)
• Mr. Victor CARDENAS, Deputy Director of Catastrophe Risks, Ministry of Finance and Public Credit, United Mexican States (download)
• Mrs. Silke HUEBNER, Instrat Modelling Specialist, GUY CARPENTER, U.K. (download)
• Mr. Roland NUSSBAUM, Chairman, Natural Hazards Working Group, CEA & Managing Director of Mission Risques Naturels, France (download 1) (download 2)

20.30 Dinner

9.30-10.00 Registration & Welcome Coffee

10.00-13.00 Session V - Climate Change & its Implications for the European Economy

Topics:

• What are weather derivative contracts and how they work - a market overview
• Hedging the risk of weather volatility through tradable weather risk
  contracts and non-tradable insurance derivatives
• Weather risk market development
• Agricultural catastrophic risks management - assessment and financing methods

Invited speakers:

• Mr. Sergiu COSTACHE, Media XPRIMM (download)
• Mr. Corneliu PASCU, President, Committee on Agriculture, Food Industry and Forestry, Romania
• Mrs. Beatrice POPESCU, PMU Director, Ministry of Environment and Sustainable Development, Romania (download)
• Mr. Inderjit CLAIRE, Vicepresident, RMSI, India (download)
• Mr. Paul CIOBOTARU, Vice-general Manager, FATA Asigurari
• Mrs. Maura KLASSEK, Consultant, Romania
• Mr. Eugene GURENKO, Lead Insurance and Risk Management Specialist Capital and Risk Markets Operations and Policy Department Financial Sector Vice-Presidency, World Bank, USA (download)

13.00-13.30 Official Conclusions

13.30-16.00 Business Lunch & Networking