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Larg<br />

network<br />

seminar<br />

Latin American Reinsurance Group<br />

June 25–28, 2013: Dominican Republic<br />

Reinsurance<br />

Microinsurance<br />

Product Innovation<br />

Regulation<br />

Claims Management<br />

Challenges <strong>and</strong> Opportunities


Welcome Messages<br />

“There is a country in the world situated right in the sun’s path, a<br />

native of the night”.<br />

Pedro Mir<br />

Cooperativa Nacional de Seguros, Coop-Seguros Inc., extends<br />

the warmest welcome to you for the Annual Meeting of the<br />

Latin American Reinsurance Group – LARG 2013 hosted on this<br />

occasion in the city of Santo Domingo, Dominican Republic, the<br />

city of the first Spanish Government in the New World <strong>and</strong> the<br />

city with the largest population in the Caribbean.<br />

We are honoured to welcome you as part of this international<br />

event that flies the flag for the <strong>Cooperative</strong> movement <strong>and</strong><br />

its unquestionable contribution to the world economy. The<br />

Dominican Republic offers over 500 years of history bathed by<br />

the incomparable turquoise waters of the Caribbean Sea; from<br />

the hieroglyphics of the Taino Indians, passing through the<br />

monuments of the Colonial era to modern buildings just a few<br />

steps from the beach. The warmth of our people with a<br />

never-ending smile, will make you feel that the time flies.<br />

“The content<br />

of this year’s<br />

meeting will more<br />

than meet your<br />

expectations...”<br />

We are confident that the content of this year’s meeting will<br />

more than meet your expectations as we have developed a<br />

comprehensive agenda that includes issues related to insurance<br />

<strong>and</strong> reinsurance, delivered by top-level speakers.<br />

Thank you for honouring us with your visit to our humble “half<br />

isl<strong>and</strong>”, we will do everything possible to make you feel at home!<br />

Arlene Sabaris de León<br />

General Manager, Coop-Seguros Inc.


The <strong>International</strong> <strong>Cooperative</strong> <strong>and</strong> <strong>Mutual</strong> Insurance Federation<br />

(ICMIF) welcomes all delegates to the 2013 Annual Meeting of<br />

the Latin American Reinsurance Group (LARG).<br />

The Annual Meeting brings together LARG members, reinsurers,<br />

the group’s broker <strong>and</strong> other supporting organisations <strong>and</strong> this<br />

event is your opportunity to network, share, learn <strong>and</strong> teach with<br />

other members of the group.<br />

The agenda for the LARG Annual Meeting evolves every year<br />

<strong>and</strong> this year, for the first time, we have included a Discussion<br />

Panel session to address the future challenges <strong>and</strong> opportunities<br />

for the LARG group. This is in addition to the important regular<br />

elements such as strategic planning, product knowledge,<br />

technical training <strong>and</strong> reinsurance treaty negotiations.<br />

The LARG group of members has always been a shining example<br />

of the success which can be achieved when ICMIF members<br />

work together towards common goals. In 2013 LARG has grown<br />

once again, both in terms of membership (now 16 members)<br />

<strong>and</strong> in premium income. This growth is also reflected across the<br />

wider cooperative <strong>and</strong> mutual insurance sector both in Latin<br />

America <strong>and</strong> globally.<br />

In statistics recently published by ICMIF in the Global <strong>Mutual</strong><br />

Market Share 2011, there was an impressive 20% growth<br />

reported in the total mutual <strong>and</strong> cooperative market share in<br />

Latin America, up from 8.7% in 2007 to 10.4% in 2011. In fact, on<br />

a global level, mutual <strong>and</strong> cooperative insurers are significantly<br />

outperforming the total insurance market <strong>and</strong> indeed are the<br />

fastest-growing part of the global insurance market since the<br />

financial crisis of 2007-2008.<br />

“The LARG group of<br />

members has always<br />

been a shining example<br />

of the success which<br />

can be achieved when<br />

ICMIF members work<br />

together...”<br />

The future success <strong>and</strong> achievements of the LARG is dependent<br />

on your continued collaboration as a group. I encourage you to<br />

make the most of the next few days together in Santo Domingo;<br />

talking with other delegates <strong>and</strong> making contacts that will be<br />

beneficial to you <strong>and</strong> your companies in the future.<br />

I wish you all a pleasant stay in the beautiful country of the<br />

Dominican Republic <strong>and</strong> an enriching <strong>and</strong> rewarding time at the<br />

2013 LARG Annual Meeting.<br />

Vanessa Smith<br />

Vice-President, Member Relations, ICMIF<br />

INTERNATIONAL COOPERATIVE AND<br />

MUTUAL INSURANCE FEDERATION


AGENDA<br />

LARG ANNUAL MEETING<br />

SANTO DOMINGO, DOMINICAN REPUBLIC, 25-28 June 2013<br />

HOTEL MAGNA 365<br />

Tuesday 25 June 2013<br />

All coffee breaks <strong>and</strong> lunches will take place in the Gran Salon, first floor of the hotel<br />

14:30 - 16:00<br />

17:00 – 18:30<br />

18:45 - 20:00<br />

<strong>Delegate</strong> Registration<br />

Gran Salon Lobby, first floor of the hotel<br />

Technical Managers Meeting (by invitation)<br />

Cooperativa Nacional de Seguros Inc. office<br />

Meeting point: Hotel Lobby at 16:30<br />

LARG Executive Committee Meeting (by invitation)<br />

Cooperativa Nacional de Seguros Inc. office<br />

Meeting point: Hotel Lobby at 16:30<br />

Wednesday 26 June 2013<br />

All coffee breaks <strong>and</strong> lunches will take place in the Gran Salon, first floor of the hotel<br />

07:30 onwards<br />

<strong>Delegate</strong> Registration<br />

Gran Salon Lobby, first floor of the hotel<br />

LARG Technical Meeting - members only<br />

Gran Salon, first floor of the hotel<br />

08:15-08:30<br />

08:30 - 10:30<br />

Welcome<br />

Vanessa Smith: Vice-President Member Relations, ICMIF, <strong>and</strong> LARG Advisor<br />

Amílcar Córdoba: President of LARG Executive Committee<br />

Arlene Sabaris: General Manager of Cooperativa Nacional de Seguros Inc. - Host Company<br />

Martha Julia de Marroquín: LARG Coordinator<br />

Workshop - Evaluation of 2013 Workplan <strong>and</strong> Actions for 2014 Workplan<br />

Bernardo Mir<strong>and</strong>a, Actuary Consultant, Costa Rica<br />

10:30 - 11:00 Coffee Break<br />

11:00 - 12.00<br />

Theme: ModeLling Pricing Strategies in the Face of Competition in Insurance<br />

Bernardo Mir<strong>and</strong>a, Actuary Consultant, Costa Rica<br />

Sharing Experiences<br />

12:00 - 12:30<br />

12:30 - 13:00<br />

Theme: Bancassurance <strong>and</strong> Microinsurance - Life <strong>and</strong> Housing<br />

Mariela Silva, General Manager, Equidad Compañía de Seguros, S.A., Honduras<br />

Theme: Development of Microinsurance in <strong>Cooperative</strong>s <strong>and</strong> Current Expansion to Non-<strong>Cooperative</strong><br />

Financial Sector<br />

Theme: Agricultural Insurance<br />

Carmen Barboza, General Manager, Aseguradora Tajy, Propiedad Cooperativa, S.A., Paraguay<br />

Ernesto Martínez, Technical Manager, Aseguradora Tajy, Propiedad Cooperativa, S.A., Paraguay<br />

13:00 - 14:00 Lunch


AGENDA<br />

LARG ANNUAL MEETING<br />

SANTO DOMINGO, DOMINICAN REPUBLIC, 25-28 June 2013<br />

HOTEL MAGNA 365<br />

Wednesday 26 June 2013 (CONTINUED)<br />

All coffee breaks <strong>and</strong> lunches will take place in the Gran Salon, first floor of the hotel<br />

Sharing Experiences (continued)<br />

14:00 - 14:30<br />

14:30 - 15:00<br />

15:00 - 15:15<br />

15:15 - 15:30<br />

15:30 - 16:00<br />

Theme: Innovative Products with Focus on Savings <strong>and</strong> Credit <strong>Cooperative</strong>s<br />

Arlene Sabaris, General Manager, Cooperativa Nacional de Seguros Inc., Dominican Republic<br />

Theme: Personal Loan Payment Guarantees<br />

Alma Aldarondo, Group Project Director, Cooperativa de Seguros Múltiples, Puerto Rico<br />

Theme: Placement Strategy for Autoexpedible Insurances: Funeral Insurance, SM Student <strong>and</strong> Study<br />

Insurance<br />

Georgina Díaz, General Administrator, SSVMN, Costa Rica<br />

Theme: Cross Selling, Generating Insurance Culture<br />

Daysi Rosales, General Manager, Seguros Futuro, A.C. de R.L., El Salvador<br />

Awards to LARG <strong>Delegate</strong>s for Outst<strong>and</strong>ing Efficiency in Reinsurer Relations<br />

Martha Julia de Marroquín, LARG Coordinator<br />

16:00 - 16:30 Coffee Break<br />

16.30 - 18:30<br />

19:30 - 22:00<br />

LARG Board Meeting (by invitation)<br />

Managers from LARG Member Companies <strong>and</strong> Invitees<br />

Gran Salon, first floor of the hotel<br />

Welcome Reception<br />

Salón La Rosa, lower ground floor (access near to hotel main entrance)


AGENDA<br />

LARG ANNUAL MEETING<br />

SANTO DOMINGO, DOMINICAN REPUBLIC, 25-28 June 2013<br />

HOTEL MAGNA 365<br />

Thursday 27 June 2013<br />

All coffee breaks <strong>and</strong> lunches will take place in the Gran Salon, first floor of the hotel<br />

07:30 onwards<br />

<strong>Delegate</strong> Registration<br />

Gran Salon Lobby, first floor of the hotel<br />

Training Seminar - Day One<br />

Gran Salon, first floor of the hotel<br />

Inaugural Act<br />

08:30 - 9:00<br />

Welcome<br />

Vanessa Smith: Vice-President Member Relations, ICMIF, <strong>and</strong> LARG Advisor<br />

Amílcar Córdoba: President of LARG Executive Committee<br />

Arlene Sabaris: General Manager of Cooperativa Nacional de Seguros Inc., - Host Company<br />

Dr. Ignacio Valenzuela, Chairman of the Board, Cooperativa Nacional de Seguros Inc.<br />

Regulatory Authorities of Dominican Republic<br />

Dr. Euclides Gutiérrez Félix, Head of Insurance National Regulatory Authority<br />

Lic. Pedro Corporan, Managing Director, Institute for <strong>Cooperative</strong> Credit <strong>and</strong> Development (IDECOOP)<br />

Seminar Opening<br />

Amílcar Córdoba: President of LARG Executive Committee<br />

09:00 - 10:00<br />

Theme: Alternative Distribution/Simplified Underwriting<br />

Jorge Campa, General Manager, RGA Reinsurance Company, Mexico<br />

10:00 - 10:30 Coffee Break<br />

10:30 - 11:00<br />

11:00 - 11:30<br />

11:30- 12:30<br />

12:30 - 13:30<br />

Theme: References for Setting Priorities/Retentions on Working XL <strong>and</strong> Catastrophe Life Treaties<br />

Jorge Campa, General Manager, RGA Reinsurance Company, Mexico<br />

Theme: General Law for Inclusion of Disabled People <strong>and</strong> Impact on Insurance Sector<br />

Anayelli Montagner, Health Actuary, RGA Reinsurance Company, Mexico<br />

Theme: Analysis of Individual Life Risks <strong>and</strong> Practical Cases for Risk Selection<br />

Christian Suárez, Reinsurance Manager, Reaseguradora Patria, S.A., Mexico<br />

Session: 2014 Life Reinsurance Treaty Renewal Discussion<br />

RGA Reinsurance Company, México/Invited Reinsurers/LARG Members<br />

This session is optional for any delegates from companies not currently placing reinsurance treaties through LARG<br />

13:30 - 14:30 Lunch<br />

14:45 - 18.:00 Excursion - City Tour, Santo Domingo<br />

Meeting point: Hotel Lobby at 14:45 (Please note that we will travel directly to the dinner venue after the city tour has finished)<br />

19.00 - 22.00 Dinner - sponsored by AAIC, RGA RE, Shelter Re <strong>and</strong> Willis Re<br />

Restaurante La Atarazana


AGENDA<br />

LARG ANNUAL MEETING<br />

SANTO DOMINGO, DOMINICAN REPUBLIC, 25-28 June 2013<br />

HOTEL MAGNA 365<br />

Friday 28 June<br />

All coffee breaks <strong>and</strong> lunches will take place in the Gran Salon, first floor of the hotel<br />

07:30 - 08:30<br />

Session: 2014 Non-Life Reinsurance Treaty Renewal Discussion<br />

Willis Re/AAIC/Invited Reinsurers/LARG Members<br />

This session is optional for any delegates from companies not currently placing reinsurance treaties through LARG<br />

Training Seminar - Day TWO<br />

Gran Salon, first floor of the hotel<br />

Theme: References for Setting Priorities/Retentions on Working XL <strong>and</strong> Catastrophe Non-Life Treaties<br />

08:30 - 09:15<br />

Theme: Introduction to Multi Policy Company Insurance<br />

Anthony Phillips, Managing Director, Willis Re, USA<br />

Theme: References for Individual Risks Accumulations Control<br />

09:15 - 10:00<br />

Theme: Introduction to Fire Insurance for Industrial Risks<br />

10:00 - 10:30 Coffee Break<br />

Eduardo Perdomo, Vice President, Willis Re, USA<br />

10:30 - 11:15<br />

11:15 - 12:30<br />

Theme: Predictive Analytics - How can Little Companies Use Big Data?<br />

Theme: Moving the Money - Advancing the Claims Administration Process<br />

Robert Forsythe, Senior Vice President, Farm <strong>Mutual</strong> Reinsurance Plan (FMRP), Canada<br />

Panel Discussion - Future Challenges <strong>and</strong> Opportunities for LARG<br />

MC Porter, Senior Underwriting Manager, AAIC, USA; Anthony Phillips; Vanessa Smith; Martha Julia de Marroquín;<br />

Bernardo Mir<strong>and</strong>a; Members of LARG Executive Committee<br />

12:30 - 12:40 Group Photo<br />

12:40 - 13:30 Lunch<br />

13:30 - 14:15<br />

14:15 - 14:45<br />

Theme: A.M. Best’s Perspectives on Insurance Company Financial Strength<br />

Duncan McColl, Manager Ratings Criteria, A.M. Best, USA<br />

Theme: Products for Migrant Workers<br />

Alej<strong>and</strong>ra Bautista, Director Life <strong>and</strong> Health, Hannover Re, Mexico<br />

Theme: Health Microinsurance<br />

14:45 - 16:00<br />

Theme: Diabetes Products<br />

Guadalupe Covarrubias, Managing Director, Hannover Re, México<br />

16:00 - 16:30 Coffee Break<br />

Closing Session<br />

Conclusions<br />

16:30 - 17:30<br />

19:30 - 22:30<br />

Closing Words<br />

Vanessa Smith: Vice-President Member Relations, ICMIF, <strong>and</strong> LARG Advisor<br />

General Manager, Host Company, LARG Annual Meeting 2014<br />

Amílcar Córdoba: President of LARG Executive Committee<br />

Farewell Dinner - hosted by Cooperativa Nacional de Seguros Inc. (Event Host)<br />

El Mesón de la Cava, Meeting point: Hotel Lobby at 19:15


<strong>Delegate</strong> list<br />

CANADA<br />

Farm <strong>Mutual</strong> Reinsurance Plan<br />

Robert Forsythe<br />

Senior Vice President<br />

Colombia<br />

La Equidad Seguros, O.C.<br />

Henry Castiblanco<br />

Presidente (E)<br />

Giovanni Gutiérrez Cuervo<br />

Analista Reaseguros<br />

Costa Rica<br />

LARG<br />

Bernardo Mir<strong>and</strong>a<br />

Actuario Consultor<br />

Seguros del Magisterio<br />

Rigoberto Calderón Chaverri<br />

Director Financiero-Administrativo<br />

Rafael Monge Chinchilla<br />

Gerente General<br />

Sociedad de Seguros de Vida<br />

Magisterio Nacional (SSVMN)<br />

José Ma. Campos Morera<br />

Director<br />

Ruth Chaves Cascante<br />

Directora<br />

Kattia Díaz Corrales<br />

Jefa de Seguro <strong>Mutual</strong><br />

Georgina Díaz Sánchez<br />

Administradora General<br />

Rodolfo Longan Guevara<br />

Director<br />

Flory Paniagua Zúñiga<br />

Directora<br />

Luis Paulino Rodríguez<br />

Director<br />

Minor Ulate Azofeifa<br />

Director<br />

Allan Javier Zapata Díaz<br />

Presidente<br />

Dominican Republic<br />

Cooperativa Nacional de<br />

Seguros Inc.<br />

Dilenia Altagracia Hernández<br />

Sub-Gerente de Línea<br />

José Céspedes Montilla<br />

Sub-Gerente de Reclamos<br />

Mao Vladimir Canó<br />

Gerente de Negocios y RR.PP.<br />

Marlene S. García Lluberes<br />

Encargada Dpto. Legal<br />

Bianessa Guerrero<br />

Gerente de Operaciones<br />

Rut Hichez<br />

Encargada Reaseguros<br />

Faustino Rijo<br />

Vocal/Consejo Administración<br />

Dianelba Rodríguez Reyes<br />

Sub-Gerente Operaciones<br />

Eliodoro de la Rosa<br />

Secretario/Consejo Vigilancia<br />

Arlene Sabaris<br />

Gerente General<br />

Ignacio Valenzuela<br />

Presidente<br />

Ecuador<br />

Coopseguros del Ecuador S.A.<br />

Sylvia Flores Cevallos<br />

Gerente Técnico<br />

Adriana del Carmen Gómez<br />

Gerente Reaseguros<br />

Sonia Magdalena López<br />

Coordinadora de Créditos<br />

El Salvador<br />

Seguros Futuro, A.C.de R.L.<br />

Ana Cecilia Mancía<br />

Gerente Técnica<br />

Daysi Rosales Beltrán<br />

Gerente General<br />

Guatemala<br />

LARG<br />

Martha Julia de Marroquín<br />

Coordinadora<br />

Seguros Columna<br />

Myrna González Castellanos<br />

Gerente de Vida<br />

Irma Yol<strong>and</strong>a Marroquín Cruz<br />

Gerente Financiero<br />

Boris Estuardo Quiroa<br />

Gerente General<br />

Mario René Salvatierra Muñoz<br />

Gerente de Daños<br />

Honduras<br />

Equidad Compañía de Seguros<br />

Oscar Alberto Coello<br />

Presidente Consejo Administración<br />

Juan Carlos Galindo<br />

Gerente Técnico<br />

Nevy Orbelina Sánchez<br />

Jefe Reaseguro<br />

Mariela Elizabeth Silva<br />

Gerente General


Mexico<br />

Hannover Re<br />

Karla Alej<strong>and</strong>ra Bautista<br />

Subdirectora de Vida y Salud<br />

María Guadalupe Covarrubias<br />

Directora General<br />

PRYBE, Protecciones y<br />

Beneficios SC<br />

Arm<strong>and</strong>o Cruz Martínez<br />

Gerente Sistemas<br />

Eva Guillermina Saviñón Mejía<br />

Presidenta<br />

Reaseguradora Patria<br />

Rosa Nely Morales González<br />

Supervisor de Reaseguro Personas<br />

Christian Suárez Castañeda<br />

Gerente de Reaseguro Personas<br />

RGA Reinsurance Company<br />

Jorge Campa Díaz de León<br />

Managing Director<br />

Anayelli Montagner Mir<strong>and</strong>a<br />

Actuaria Salud<br />

PANAMA<br />

Seguros Fedpa S.A.<br />

Sobeida C<strong>and</strong>anedo<br />

Asistente Producción<br />

Amílcar Córdoba<br />

Gerente General<br />

José Domínguez<br />

Tesorero Junta Directiva<br />

Eligio Gónzalez<br />

Vocal Junta Directiva<br />

Vinicio Guardia<br />

Vocal Junta Directiva<br />

Rol<strong>and</strong>o McLean<br />

Vocal Junta Directiva<br />

José Montenegro<br />

Presidente<br />

Mercedes Moreno<br />

Tesorera Junta Directiva<br />

Astregilda de Nieto<br />

Secretaria Junta Directiva<br />

Itchell Ochoa<br />

Jefa de Reclamos<br />

Mixila Urriola<br />

Gerente Producción<br />

Paraguay<br />

Aseguradora Tajy, Propiedad<br />

Cooperativa, S.A<br />

Carmen Barboza<br />

Gerente General<br />

Carlos Benítez<br />

Presidente<br />

Edgar Mañotti<br />

Gerente de Siniestros<br />

Ernesto Martínez<br />

Gerente Técnico<br />

Cristian Pintos<br />

Responsable de Reaseguros<br />

Gustavo Schwarz<br />

Director<br />

Panal Seguros, S.A.<br />

Antonio Bienvenido Ramírez<br />

Vicepresidente<br />

Carlos Eusebio Coronel Samudio<br />

Sub-Gerente Técnico<br />

Raúl Eradio Fernández Cabrera<br />

Gerente General<br />

PERU<br />

Serviperú<br />

William Bojórquez Córdova<br />

Gerente General<br />

Gloria Coras Flores<br />

Presidenta del Consejo de<br />

Administración<br />

Puerto Rico<br />

Seguros Múltiples<br />

Alma Aldarondo Alfaro<br />

Directora de Proyectos<br />

UK<br />

ICMIF<br />

Alison Grant<br />

Communications Manager<br />

Vanessa Smith<br />

Vice-President Member Relations<br />

Lisa Williams<br />

Microinsurance Researcher<br />

USA<br />

AAIC<br />

M.C. Porter<br />

Senior Underwriting Manager<br />

A.M. Best<br />

Mariza Costa<br />

Senior Industry Research Analyst<br />

Duncan McColl<br />

Manager Rating Criteria<br />

Shelter Re<br />

Ann Harris<br />

Account Executive<br />

Willis Re<br />

Eduardo Perdomo<br />

Vice President<br />

Anthony Phillips<br />

Managing Director<br />

Venezuela<br />

COMSEVCOOP R.L.<br />

Jimmy A. González<br />

Gerente General


Speakers<br />

Robert Forsythe<br />

Senior Vice President<br />

Farm <strong>Mutual</strong> Reinsurance Plan<br />

Canada<br />

Bernardo Mir<strong>and</strong>a<br />

Actuarial Consultant<br />

LARG<br />

Costa Rica<br />

Daysi Rosales Beltrán<br />

General Manager<br />

Seguros Futuro, A.C.de R.L.<br />

El Salvador<br />

Georgina Díaz Sánchez<br />

General Administrator<br />

Sociedad de Seguros de Vida<br />

Magisterio Nacional (SSVMN)<br />

Costa Rica<br />

Martha Julia de Marroquín<br />

Coordinator<br />

LARG<br />

Guatemala<br />

Arlene Sabaris<br />

General Manager<br />

Cooperativa Nacional de<br />

Seguros Inc<br />

Dominican Republic<br />

Boris Estuardo Quiroa<br />

General Manager<br />

Seguros Columna<br />

Guatemala<br />

Mariela Elizabeth Silva<br />

General Manager<br />

Equidad Compañía de Seguros<br />

Honduras


Speakers<br />

Karla Alej<strong>and</strong>ra Bautista<br />

Director Life <strong>and</strong> Health<br />

Hannover Re<br />

Mexico<br />

Amílcar Córdoba<br />

General Manager<br />

Seguros Fedpa<br />

Panama<br />

Maria Guadalupe Covarrubias<br />

Managing Director<br />

Hannover Re<br />

Mexico<br />

Carmen Barboza<br />

General Manager<br />

Aseguradora Tajy<br />

Paraguay<br />

Christian Suárez Castañeda<br />

Reinsurance Manager<br />

Reaseguradora Patria<br />

Mexico<br />

Jorge Campa Díaz de León<br />

Managing Director<br />

RGA Reinsurance Company<br />

Mexico<br />

Ernesto Martinez<br />

Technical Manager<br />

Aseguradora Tajy<br />

Paraguay<br />

Alma Aldarondo Alfaro<br />

Project Director<br />

Seguros Múltiples<br />

Puerto Rico


Speakers<br />

Anayelli Montagner Mir<strong>and</strong>a<br />

Health Actuary<br />

RGA Reinsurance Company<br />

Mexico<br />

Anthony Phillips<br />

Managing Director<br />

Willis Re<br />

USA<br />

Vanessa Smith<br />

Vice-President Member Relations<br />

ICMIF<br />

UK<br />

Eduardo Perdomo<br />

Vice-President<br />

Willis Re<br />

USA<br />

M.C. Porter<br />

Senior Underwriting Manager<br />

AAIC<br />

USA<br />

Duncan McColl<br />

Manager, Rating Criteria<br />

A M Best<br />

USA


Larg Members


LARG recognises support <strong>and</strong> financial contributions<br />

from the following organisations:


General<br />

Information<br />

SANTO DOMINGO, CAPITAL OF THE<br />

DOMINICAN REPUBLIC<br />

Founded on 4 August 1496 by Bartholomew Columbus in the eastern<br />

part of the Ozama River, Santo Domingo was the first European city<br />

to be founded in the Americas. Located on the southern coast of the<br />

isl<strong>and</strong>, on the shores of the Caribbean Sea, its historic centre houses<br />

the Colonial District, a UNESCO World Heritage Site in 1990, is home to<br />

more than 300 museums. The city’s most important colonial buildings<br />

include the first cathedral built in America, the Ozama Fortress,<br />

the Alcazar de Colon, the residence of Don Diego Colon (a son of<br />

Christopher Columbus) <strong>and</strong> the Dominican Monastery, which was<br />

home of the first university in the New World.<br />

The first city of the New World, Santo Domingo is a city of colours,<br />

flavours, joy, carnival, the merengue <strong>and</strong> very hospitable people.


Social Programme<br />

DINNERS<br />

Thursday 27 June 2013<br />

LA ATARAZANA RESTAURANT<br />

This restaurant has a wonderful view of the Alcazar de<br />

Colon <strong>and</strong> is accessed through the Colonial Tunnel<br />

system, of which there are only two in the world <strong>and</strong> with<br />

a unique colonial style courtyard under a glass roof. The<br />

décor at La Atarazana creates a welcoming atmosphere of<br />

beauty <strong>and</strong> elegance which makes for an unforgettable<br />

Colonial experience.<br />

Friday 28 June 2013 – Farewell Dinner<br />

EL MESÓN DE LA CAVA RESTAURANT<br />

The unique El Mesón de la Cava restaurant is situated<br />

in a natural limestone cave which was created by the<br />

action of the waves millions of years ago. The numerous<br />

caves found along the edge of this cliff harbored different<br />

types of people throughout its long history. During the<br />

construction of the restaurant inside the cave, a number<br />

of artifacts were found, some belonging to the Taino<br />

Indians <strong>and</strong> others belonging to the early settlers, as well<br />

as remains of weapons belonging to the buccaneers <strong>and</strong><br />

pirates who used to hide in the caves before the attack<br />

on the city of Santo Domingo.<br />

EXCURSIONS<br />

Thursday 27 June 2013<br />

SANTO DOMINGO CITY TOUR<br />

Accompanied by an expert guide, we will visit the<br />

colonial city, the Cathedral of Santo Domingo, primate<br />

of America <strong>and</strong> the Alcazar de Colon, located in the<br />

beautiful Plaza de Spain, built by Bartholomew Columbus,<br />

converted into a museum as it looked in those years <strong>and</strong><br />

with all original relics.<br />

A walk through the Conde Street. We will then have free<br />

time to shop at different shops selling typical gifts where<br />

you can purchase the famous Limé dolls, Dominican<br />

crafts <strong>and</strong> paintings <strong>and</strong> tobacco as well as Dominican<br />

rum <strong>and</strong> coffee.<br />

The tour includes:<br />

Walk through the Colonial City.<br />

Entrance to the the cathedral <strong>and</strong> the Alcázar de<br />

Colon.<br />

Time for shopping in the Colonial Market <strong>and</strong> the<br />

Calle El Conde.<br />

Panoramic view of Government offices <strong>and</strong> the<br />

Plaza la Cultura.<br />

Walk through the city of Santo Domingo.<br />

Experienced National Tourism Guide (<strong>English</strong> –<br />

Spanish).


Social Programme<br />

Saturday 29 June 2013<br />

OPTIONAL TOUR TO CUEVA DE LAS MARAVILLAS<br />

AND ALTOS DE CHAVÓN<br />

The tour will include the Cave of Wonders, Altos de<br />

Chavón <strong>and</strong> a tour of the Eastern side of the isl<strong>and</strong> with<br />

lunch at a famous Arabic restaurant, “Shish Kabab” in the<br />

city of La Romana. There will be time for shopping at Casa<br />

de Campo before ending our evening at the Neptune<br />

Restaurant, where you can enjoy the beach <strong>and</strong> dancing<br />

to the rhythm of merengue.<br />

Cueva de las Maravillas<br />

Along trails <strong>and</strong> through special entrances you will<br />

learn about these spectacular rock formations <strong>and</strong> the<br />

stunning pictorial gallery of mythological gods, horses,<br />

dragons <strong>and</strong> angels in the Cueva de las Maravillas or the<br />

“Cave of Wonders”. The mirror of water, the large panel,<br />

the area of the castle, the throne, <strong>and</strong> the gallery of the<br />

shadows are among the attractions of this tour of about<br />

45 minutes.<br />

Rock formations dating back hundreds of thous<strong>and</strong>s of<br />

years have acquired whimsical figures over time which<br />

allow your imagination to w<strong>and</strong>er as to who or what they<br />

could be.<br />

At the back of the room, in a prominent place <strong>and</strong> yet<br />

completely isolated from the rest of the paintings in the<br />

cave you will be amazed by the sight of a “mural” of about<br />

three meters long <strong>and</strong> two meters high which depicts a<br />

funeral rite, one of the masterpieces of the Taino Indian<br />

cave paintings.<br />

Altos de Chavón<br />

Altos de Chavón is an ancient Mediterranean village built<br />

above the Chavón River <strong>and</strong> is home to a Cultural Centre,<br />

the national Archaeological Museum, an amphitheater<br />

<strong>and</strong> the so-called “City of Artists”.<br />

Its construction began in 1976 when the opening of a<br />

road had to be blasted through a mountain of stone.<br />

Charles Bludhorn, former Chairman of Paramount<br />

Pictures, had the idea of using the stones to build a<br />

sixteenth century Mediterranean village. The construction<br />

was entrusted to a former Paramount Pictures set<br />

designer, Roberto Copa who constructed his vision of a<br />

medieval Italian town. The Chavón River has been the<br />

location for a number of famous movies.<br />

Altos de Chavón houses a school of design which is<br />

affiliated with the Parsons School of Design in New York<br />

<strong>and</strong> also with other design schools which are located in<br />

France <strong>and</strong> Japan.<br />

Since its inception Altos de Chavón has always been<br />

open to the public, allowing Dominicans <strong>and</strong> tourists<br />

alike to enjoy its streets, sights <strong>and</strong> restaurants.


Contacts<br />

Cooperativa Nacional de Seguros Inc.<br />

Doris Dominici<br />

Administrative Assistant<br />

Tel: +1 809 682 6118 Ext: 262<br />

Mob: +1 829 423 2926<br />

Fax: +1 809 682 6313<br />

Hotel Magna 365<br />

Avenida George Washington No. 365<br />

Santo Domingo, Dominican Republic<br />

www.hotelmagna365.com<br />

ICMIF<br />

Vanessa Smith<br />

Vice-President Member Relations<br />

ICMIF<br />

Tel: +44 161 952 5091 (Direct)<br />

Tel: +44 161 929 5090 (Main Line)<br />

Mob: +44 7910 965019<br />

Paola Madera<br />

Club 365 Coordinator, Sales Assistant<br />

Tel: +1 809 730 6631<br />

Fax: +1 809 687 4274<br />

Email: pmadera@sheratonsantodomingo.com<br />

Zorida Pappaterra<br />

Associate Director of Sales<br />

Tel: +1 809 730 6636<br />

Fax +1 809 687 4274<br />

Email: zpappaterra@sheratonsantodomingo.com<br />

Twitter: @ICMIF_Web<br />

Hashtag: #LARG2013<br />

Facebook: www.facebook.com/ICMIF<br />

CAPE TOWN<br />

ICMIF Conference 2013:<br />

www.icmif.org/capetown


Lead…<br />

Innovate…<br />

Influence.<br />

CAPE TOWN, SOUTH AFRICA • 6–8 november, 2013<br />

www.icmif.org/conference2013<br />

Book your place NOW to attend this unique global event<br />

for leaders of mutual <strong>and</strong> cooperative insurers. Network<br />

with other senior leaders from our sector, learn new<br />

strategies from inspirational presentations delivered by<br />

global leaders, <strong>and</strong> choose from six breakout sessions<br />

covering themes especially chosen by our membership.<br />

Agenda topics include:<br />

VALUES-BASED ORGANISATIONS<br />

FOR CUSTOMER VALUE<br />

GLOBAL ECONOMIC OUTLOOK –<br />

MANAGING KEY CHALLENGES<br />

SUPPORTING THE MUTUAL<br />

SECTOR OF TOMORROW<br />

GROWTH STRATEGIES<br />

FOR COOPERATIVES/MUTUALS<br />

Add to this a varied social programme in one of the most<br />

beautiful countries in the world <strong>and</strong> you have a conference<br />

that offers delegates a once-in-a-lifetime experience.<br />

You will certainly leave the conference with unique<br />

insights, strategic solutions <strong>and</strong> international contacts,<br />

but we also hope that you will join us in helping to<br />

leave a legacy in South Africa. Please support the<br />

Make A Difference (MAD) Foundation which was<br />

set up to identify academically gifted South African<br />

children from less fortunate backgrounds.<br />

See www.madcharity.org for more information.


August 14-16, 2013<br />

Panama City, Panama<br />

HOSTED BY: Seguros Fedpa<br />

Navigating<br />

through<br />

Complexity:<br />

Trends, Innovations<br />

<strong>and</strong> Strategies for<br />

Member-Owned<br />

Insurers<br />

Register now for the ICMIF/Americas 21st Annual<br />

Conference which will take place from August 14-16,<br />

2013 at the Hotel El Panamá Convention Center <strong>and</strong><br />

Casino in Panama City, Panama.<br />

download the full preliminary program<br />

access online conference registration<br />

obtain additional information about<br />

discounts for:<br />

- hotel room rates at the El Panamá Hotel<br />

- 15% off airfares on COPA Airlines<br />

- hotel/airport transfers<br />

explore optional accompanying persons <strong>and</strong><br />

excursion programs<br />

<strong>English</strong>: www.icmifamericas.org/conference<br />

Spanish: www.icmifamericas.org/conferencia

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