Tuesday, February 14 to Wednesday, February 15, 2012 Hilton Jumeirah Hotel, Dubai
The Middle East energy market has enormous potential for insurers housing over half of the world’s oil reserves and a third of natural gas reserves. With recent political unrest in the region driving up oil prices the growth in energy projects is set to continue unabated with the Arab Petroleum Investment Corporation predicting $530 billion in investment in the next 5 years. This in turn is set to drive demand for insurance for energy projects. The recent events of the Arab Spring have also served to heighten awareness of energy risks in the region and the need for companies to have sufficient insurance cover in place such as business interruption for projects. Keeping abreast of the rapidly changing energy landscape is vital for both risk managers and their insurers. Following the success of our inaugural event in February, C5’s energy insurance forum returns to bring you a comprehensive analysis of the risks and opportunities for insurers in this diverse region. Gain expert advice and guidance on some of the hottest issues in energy insurance: What offshore construction projects are occurring in the MENA region and what are the technical challenges arising from them? How the energy market is being affected by geopolitical issues The outlook for nuclear power in the Middle East following Fukoshima – Developments in nuclear energy in the region Assessing the adequacy of asset values that have been proposed for insurers – how have the values been arrived at and what is the substitute for a replacement cost?