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Maritime Knowledge Shipping Session (MKSS) 30

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Organizer Name
GIA & SMF
Date
17/03/2015
Time
2:00 pm
Location
Capital Tower, Singapore
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Registration
Public event, registration required
Charge
NA
Contact
Esther Lim
+65 6325 0228

The first seminar in 2015 on The Maritime CAT Model under the 9th series of the Maritime Knowledge Shipping Sessions (MKSS), co-organised by the Singapore Maritime Foundation (SMF) and the General Insurance Association of Singapore (GIA). We are pleased to have two industry experts to share their knowledge on the topic. Through their presentations, participants can expect to gain a well-rounded understanding of the topic on marine catastrophe risk.

Speaker 1:
Mr Peter Ulrich
Senior Vice President
Risk Management Solutions Inc

Peter is a Senior Vice President at RMS and has been with the firm for over 20 years. He is currently leading RMS’ initiative to build risk management models to assist the marine insurance industry in managing their global catastrophe risks from perils including wind, surge, floods, earthquakes and terrorist attacks.

Peter has previously led the development of a range of new RMS’ catastrophe models including terrorism risks, human casualties from earthquakes and infectious diseases, as well as longevity risk models. He has been active in the debate around the US government’s role in terrorism reinsurance and has testified in front of the House Finance-Homeland Security Terrorism Risk Assessment Subcommittee on the applications of terrorism models. He has also worked with the Congressional Budget Office and the Government Accountability Office to quantify the impact of potential TRIA extension options.

Peter has also consulted with clients on projects such as the risk assessment from natural catastrophes to both P&C and L&H lines of business, reinsurance optimization, strategic capital allocation, global catastrophe management and loss cost generation.

Peter earned a B.S. in Accounting and Finance from the University of California at Berkeley, and an MBA from the University of Southern California. He is a Certified Public Accountant and a Certified Management Accountant.

Speaker 2:
Mr Richard Sanders
Executive Director & Senior Catastrophe Risk Analyst
Willis Re (Singapore) Pte Ltd

Richard has worked for Willis Re since 1994; previously he worked in the oil exploration industry in the UK and overseas. Richard was one of the founders of the Catastrophe Management Services (CMS) group in Willis, and is one of their senior catastrophe specialists.

He has worked on natural hazards projects in Japan, Algeria, Europe and more recently in Asia, with a particular specialism in flood risk analysis. He is one of the most experienced catastrophe risk analysts in the insurance industry and has broad and wide-ranging knowledge across the discipline.

Since 2008, Richard has been based with Willis Re in Singapore where he represents Willis catastrophe modelling and analysis capabilities in support of brokers in SE Asia as well as coordinating the Asia Pacific activities of the Willis Research Network. Richard holds a BSc and an MSc in Geography, and is a Chartered Geographer.

  • Networking, Seminars

About the Organizer

General Insurance Association of Singapore (GIA)
Established in 1966, the General Insurance Association of Singapore (GIA) seeks to promote development of the general insurance sector and constantly works to make all aspects of general insurance easier and more effective for consumers, agents and insurers based in Singapore.

As a trade association, GIA is actively involved in the business community, representing the interests of member companies, and assists in identifying emerging trends and responds to issues affecting the industry.

Singapore Maritime Foundation (SMF)
The Singapore Maritime Foundation (SMF) was established on 27 January 2004 to facilitate dialogue and cooperation among maritime stakeholders from the public and private sectors. As the bridge between the public and private sectors, SMF aims to provide the industry with a clear and representative voice, and spearhead projects to boost its development.

SMF also organises and participates in a host of maritime events to strengthen the Maritime Singapore brand. To date, SMF has significantly benefitted from strong support from all sectors of the industry which has enabled the organisation to reach out directly to the community for new areas of work to improve the current maritime ecosystem.

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Mr. Lars Kastrup

CHIEF EXECUTIVE OFFICER, PACIFIC INTERNATIONAL LINES

Mr. Lars Kastrup is the Chief Executive Officer of Pacific International Lines (Pte) Ltd (PIL).

Prior to joining PIL, Mr. Kastrup was CEO of NOL/APL, and subsequently assumed the role of Executive Vice President, Strategy and M&A at CMA CGM Group. A veteran in the global shipping industry with over 30 years of experience, Mr Kastrup’s other roles include Executive Vice President of Assets at CMA CGM Group heading up CMA Terminals, CMA Ships, Container Logistics as well as regional carriers such as MacAndrews, OPDR and Mercosul; as well as Vice President at AP Moller-Maersk.
Mr. Kastrup complemented his tertiary education with leadership and management training at Penn State University and The Wharton School at the University of Pennsylvania.

Ms. Angeline Teo

MANAGING DIRECTOR & HEAD, GLOBAL TRANSPORTATION & OFFSHORE, OCBC BANK

Ms. Angeline Teo is the Managing Director and Head of Global Transportation and Offshore, Global Corporate Banking at OCBC Bank which focuses on the maritime, aviation, land & port ecosystems.
Ms. Teo has spent over three decades in maritime finance. Prior to OCBC, Ms. Teo was working at ING Bank, ABN Amro and DnB in Singapore focusing on maritime and offshore.
Ms. Teo graduated from the National University of Singapore with a degree in Business Administration.

Mr. John Martin

CHIEF EXECUTIVE OFFICER, GARD SINGAPORE

Mr. John Martin began his career in London in 1989 with Richards Hogg Lindley Average Adjusters, and qualified as a Fellow of the UK Association of Average Adjusters in 2000.
At RHL he worked in their offices in Australia, Taiwan and Hong Kong. In 2003 he joined Gard Hong Kong, as a claims handler. Mr. Martin also worked in Gard Japan, and in 2014 he moved to Singapore to set up the Gard Singapore office.
Besides running Gard Singapore, Mr. Martin also heads the P&I and H&M claims units and is the Senior Claims Representative for Gard in Asia.

Mr. Cyril Ducau

CHIEF EXECUTIVE OFFICER, EASTERN PACIFIC SHIPPING

Mr. Cyril Ducau is the Chief Executive Officer of Eastern Pacific Shipping Pte Ltd, a leading shipping company headquartered in Singapore for the past 30 years.

He is also currently the Chairman of Kenon Holdings Ltd and a member of the board of directors of Gard P&I (Bermuda) Ltd. and of the Global Centre for Maritime Decarbonisation Limited, which was established by the Maritime and Port Authority of Singapore. He was previously Head of Business Development of Quantum Pacific Advisory Limited in London from 2008 to 2012 and acted as Director and Chairman of Pacific Drilling SA between 2011 and 2018.
Prior to joining Quantum Pacific Advisory Limited, Mr. Ducau was Vice President in the Investment Banking Division of Morgan Stanley & Co. International Ltd. in London between 2000 and 2008.
Mr. Ducau graduated from ESCP Europe Business School (Paris, Oxford, Berlin) and holds a Master of Science in business administration and a Diplom Kaufmann.