(Japan Language only) Nat Cat - Seven falls, Eight getting up | 七転び八起き

This session will be in Japanese

The Japanese proverb of “七転び八起き” (literally: seven falls, eight getting up) perfectly encapsulates the Japanese concept of resilience. Led by PARIMA’s board members in Japan and with the support of the leading Japanese insurers, this session will have a focus on the unique challenges that Japanese risk managers are facing and what are they prioritizing, particularly when it comes to natural catastrophe exposures which is being compounded by the global pandemic situation.

11:00 AM - 11:30 PM (JST) | 10:00 AM - 10:30 AM (SGT)

自然災害リスクの定量評価手法とその活用方法

With Sompo and INPEX

自然災害リスク評価モデル開発とその概要、活用事例について、また気候 変動により風水害リスクがどのように変化するか、その定量化手法をお話ししま す。リスクコントロールとしてのBCPとの関連性についても言及いたします。

11:30 AM - 12:00 PM (JST) | 10:30 AM - 11:00 AM (SGT)

自然災害やCOVID-19等の有事におけるサプライチェーン途絶に関する最新の リスク評価手法

With Tokio Marine and Mitsubishi Heavy Industries, Ltd.

自然災害のリスク評価においては、過去の自然現象の発生履歴（統計情 報）や発生メカニズム（工学的知見）等をモデル化したリスクモデルの活用領域が 広がり、企業のリスクマネジメント（ERM）でも活用されています。 一方、企業のサプライチェーンに代表されるように、社会経済がグローバル化し複 雑化したことで、災害によるショックの波及の可視化が新たな課題となっていま す。 このような背景に鑑み、本セッションではサプライチェーン途絶について最新のリ スク評価手法に関するエッセンスを紹介します。

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3:30 PM - 5:00 PM (GMT +8)

Tailor Made and Structured Solutions for Captive Owners in Asia

Captives are an efficient risk management tool that brings together Enterprise Risk Management and Insurance Risk Financing methodology, and this has never been more relevant in these current times. Learn from real life case studies of how risk managers proactively utilize captives to write new businesses and fund higher retentions, putting in place solutions ranging from Earnings/Capital Protection to Volatility Reduction, all structured with the unparalleled support of HDI Global and Hannover Re (both members of Talanx, one of Europe’s leading insurance group).

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10:00 AM - 11:00 AM (GMT +8)

In Conversation – Real Talk with CEOs

What is a role of a leader during this time? PARIMA is glad to host Evan Greenberg, Chairman and CEO of Chubb, and Arnaud Vaissié, Chairman, CEO & Co-Founder of International SOS, in a discussion about leadership during this unprecedented time and what risk and resilience means to them in a pandemic world. Hear from two global CEOs on how their respective companies have fared and what we can do to encourage greater resiliency for our clients and society.

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12:00 PM - 1:00 PM (GMT +8)

Supply Chain during a Crisis - Just in Time, Just in Trouble?

Talk of shortening the supply chain has hit a brick wall as the pandemic unveils the vulnerabilities of outsourcing, and the limitations of a just in time supply chain as borders close and countries shut down. Are we going to see supply chains lengthening again? How do we manage the ongoing disruption in the meantime? Join our panel of experts from Belfor, FM Global and Sedgwick in a session moderated by Jan Mumenthaler, Regional Insurance Lead Asia at International Finance Corporation.

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4:00 PM - 5:00 PM (GMT +8)

Health, Wellbeing, and Mindfulness – What’s next?

As lockdowns extended around the world, the boundaries between personal and professional space shrank, with companies and employees collectively participating to the largest social experiment yet – working from home. What defines a workplace? Where does the duty of care of companies towards their employees start and end? Employee Benefits is no longer just part of a talent retention strategy, there is an expectation that companies go further than ever before in taking care of their employees. Hear from the panel which includes the CEOs of the 3 leading Employee Benefits insurers AIA, Generali Employee Benefits and MAXIS GBN, along with the risk managers of International SOS and Qisda Corporation.

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10:00 AM - 11:00 AM (GMT +8)

Where COVID and Cyber Collide

You are only as strong as your weakest link – this rings true particularly for cyber security, where human errors can often undermine the best laid cyber security systems. With employees and companies working from home en masse, technology tools that enable this arrangement to work (e.g. video conferencing platforms) have both been an efficiency boon and a security bane for companies, creating further exposures and threats in this space. What has transpired and what to expect next? Join us with our experts from Kroll, Beazley and Lazada to find out more.

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4:00 PM - 5:00 PM (GMT +8)

The Day After COVID-19

A global public health crisis brought the world to a standstill, as central banks and governments around the world went into overdrive to stop the bottom from falling out economically. Before the world has even got a grip on the pandemic and economic collision, we have geopolitical tensions looming in the horizon and coming up fast. And that’s without even mentioning oil prices! If economists are clairvoyant, now would be a good time to find out. At the very least, join us to hear what the economists from Euler Hermes have to say as we head into 2021.

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10:00 AM - 10:30 AM (GMT +8)

The Asian Captive Conference 2020

Embracing Agility

A collaboration proudly brought to you by Labuan IBFC and PARIMA, the 3rd Asian Captive Conference (ACC) is hosted as part of the PARIMA Resilience Week of events - who said there is too much of a good thing? This supportive partnership seems particularly apt given the theme of the ACC is "Agility in the COVID Climate". Hear from the Director General of Labuan Financial Services Authority, as well as the Chairman of the Labuan International Insurance Association on the agility required for government, corporations and the community to respond during this pandemic.

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10:30 AM - 11:30 AM (GMT +8)

The Asian Captive Conference 2020

Finding a Soft Landing in a Hard Market

Labuan as a risk financing domicile of choice in Asia has been gathering momentum, going beyond the plain vanilla of wholly-subsidiary captives into more sophisticated structured financing and insurance tools. Self-insurance is often (mis)construed as a panacea to all the woes of a hardening insurance market, especially when exacerbated by a global pandemic. Without the right risk management approach and the appropriate reinsurance protection, it could well be a Pandora’s box instead. Our panel of captive experts will unpack the good, bad, and the ugly of the reinsurance and self insurance space.

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4:00 PM - 5:00 PM (GMT +8)

Closing Plenary – Heading into the Unknown

A risk manager, a broker, and an insurer walk into a room – and that’s where the conversation starts! Dan Glaser, President & CEO of Marsh & McLennan Companies, and Thomas Buberl, CEO of AXA Group, field questions crowd sourced from the risk community of PARIMA and filtered through the lens of Franck Baron, Chairman of PARIMA. As we wrap up the PARIMA Resilience Week, what can risk managers expect heading into 2021? – your guess is as good as ours!

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5:00 PM - 5:30 PM (GMT +8)

Closing – A Little Less Conversation, A Little More Action

Chance favours the prepared mind, and I daresay the prepared company as well. Join us as we recap the highlights and key takeaways of the week’s activities, and hear from a panel risk managers on how they intend to put some of these in action for their respective companies.

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