Latest Events

High-Rise Building Fires in the Middle East – ...

The 13th Annual Gulf Insurance Forum 2016...


The Emirates Insurance Association has been founded by the ministerial decree No.(62) of 1988, and its constitution has been issued in accordance with the decision of the Minister of Economy ...

News




توصيات ملتقى التأمين الخليجي السنوي الثالث عشر لعام 2016





No: 15/17 

Date: 31/01/2017

INVITATION

Seminar On: "High-Rise BuildingFires in the Middle East –

The Risks and Challengers for Property Insurers"

Dubai – RODA Al BUSTAN HOTEL - (Al Rashidya Ballroom) (Al Bustan Rotana Previously)

Wednesday 22/3/2017

********************************************************************************

The Emirates Insurance Association in conjunction with Clyde & Co LLP has the pleasure to invite you to attend the upcoming seminar focusing on the insuranceissues arising from high-rise fires in the Middle East.

There has been an increase in the frequency and severity of high rise fires in the GCC region in the last few years, and this looks likely to continue into the future. A recent study found that more than 65% of high rise buildings in the UAE were built with external panels containing combustible materials.Clyde & Co's insurance team has advised insurers and reinsurers on the property and business interruption losses arising from all the major high profile fires in Dubai in recent years.

 

Ourseminarwill focus on a case study which looks at the complex legal issues arising from a significant fire at a high-rise building in Dubai, including policy coverage issues under a Property All Risks Insurance policy, evidential issues relating to civil defence and expert reports, practical and reinsurance considerations, jurisdiction over coverage disputes, as well a review of subrogated recovery possibilities in the UAE and the wider international context.  This is particularly topical given the imminent updates to the UAE Building Codes.

 

The seminar with bring together the leading experts in this field, includingloss adjusters(Cunningham Lindsay), fire investigators (Burgoynes) and forensic accountants (MDD), who will provide their perspective on the challenged posed by such claims. The following topics will be covered and discussed:

Case Study: Part 1

·         Coverage issues;

·         Evidential issues;

·         Approach to liability; and

·         Conflicts of interest.

Case Study: Part 2

·         Reinsurance issues;

·         Practical difficulties;

·         Conclusions / takeaways;

·         Subrogated recoveries;

·         Business Interruption - a forensic accountants perspective; and

·         Subrogated recoveries.

 

The speakers would welcome and invite questions from participants so that sessions may be directed towards matters of particular interest to delegates.Any specific questions should be sent to Emirates Insurance Association in advance by email (info@eia.ae).

 

For more information you can visit the link below and register online:

http://www.eia.ae/view_news.php?lang=en&country=ae&pid=69&mid=71&nid=978

 

You are kindly requested to forward the names and designations of your nominees that wish to attend this gathering by no later than 15/3/2017.as per the  attach.

 

Yours faithfully,

General Secretariat

Emirates Insurance Association

 

 

 

 

 

 

Seminar Agenda    

Language: English

 

Time

Session

 

Speaker

8.30 – 9.00

Registration and refreshments

 

-

9.00 – 9.15

Welcome and opening remarks

 

H.E Khaled Al Badi

Chairman of Emirates Insurance Association

9.15 – 10.00

Case Study: Part 1

·         Coverage issues

·         Evidential issues

·         Approachto liability

·         Conflicts of interest

 

 

Clyde & Co LLP

Cunningham Lindsay

Burgoynes

10.00 – 11.00

Case Study: Part 2

·         Reinsurance issues

·         Practical difficulties

·         Conclusions / takeaways

·         Subrogated recoveries

 

 

Clyde & Co

Cunningham Lindsay

Burgoynes

11.00 – 11.15

Coffee break

 

-

11.15 – 12.00

Business Interruption - a forensic accountants perspective

 

MDD

12.00 – 12.30

Subrogated recoveries

 

Clyde & Co LLP

12.30 – 13.00

Q&A and panel discussion

 

All speakers

13.00 – 14.15

Lunch hosted by Clyde & Co

 

-

 

 

REGISTRATION

To Emirates Insurance Association

UAE – Abu Dhabi – Electra Road – Al Dhafra Insurance Co. Building – 6th Floor.

Tel: 00971 2 6771444      Fax: 00971 2 6772444    Email: info@eia.ae

Website: www.eia.ae 

 

 Registration Feess:  

 

AED 365

(US$ 100 )

  • Members of Emirates Insurance Association
  • Members  of Gulf Insurance Federation

 

AED 550

(US$ 150 )

  • Non Members

 

All payments made by cheque payable to: Emirates Insurance Association,

 P.O. Box 7755, Abu Dhabi

     
 

Or by Bank Transfer as  the following  details:

Account Name:

Emirates Insurance Association

Account No.:

121225020001 (ADCB)

IBAN No.:

AE460030000121225020001

Bank Name:

Abu Dhabi Commercial Bank - (Al Salam Branch)

SWIFT Code:

ADCBAEAA

 
  • Important Note: Kindly send us copy of the bank transfer.

News




Full Name *:
First name Last name
              
               Job Title Company
Address* :
State City Zip Code
Nationality
Country
Phone *:
Country Code  Phone Number
fax *:
Country Code  fax Number
Email *:
 
Inquiries* :


Required Fields