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AVENTURA, Fla.-The Seventh Annual World Captive and Alternative Risk Financing Forum promises to help both experienced captive sponsors and those still exploring the notion in "Completing the Concept."

Set for Nov. 16 through 19 at the Turnberry Isle Resort & Club in Aventura, Fla., this year's forum will feature industry experts examining such issues as optimizing risk retention levels, selecting the right domicile, placing reinsurance effectively and structuring the best fronting arrangements.

And, beyond the formal program, conference-goers will find considerable opportunities for one-on-one discussions with panelists and peers during coffee breaks, meals and receptions.

Co-sponsoring the conference, titled "Completing the Concept," are Business Insurance, Skandia International Risk Management/SINSER and Tillinghast-Towers Perrin.

Conference attendees will include risk managers, captive domicile regulators, captive managers and consultants, insurance and reinsurance brokers and company executives, accountants, lawyers and bankers.

"This conference brings together many of the most original thinkers on the use of captive insurers and other alternative risk financing options," said Kathryn J. McIntyre, publisher and editorial director of Business Insurance. "From the formal sessions to the opportunities for networking, attendees will meet others from whom they can learn important information about this rapidly changing marketplace."

The conference will include a special two-hour introductory session Monday, Nov. 17, intended to allow those less familiar with captive concepts to benefit from the more sophisticated discussions to follow.

Simultaneous with the introductory session will be a "Risk Managers Round Table." The session is limited to captive owners and sponsors and will offer a chance to discuss critical captive insurance issues with one another and a panel that will include James Cameron, a partner at Baker & McKenzie in New York; George Chaffee, president of Skandia International Risk Management (Vermont) Inc.; and moderator Robert J. Rosser, senior vp of Skandia International Risk Management Ltd. in Hamilton, Bermuda.

Following opening remarks by Ms. McIntyre, the first morning general session begins with keynote addresses by Heidi Hutter, chairman, president and CEO of Swiss Reinsurance America Corp. in New York; and Patrick G. Ryan, chairman, president and CEO of Aon Corp. in Chicago.

Ms. Hutter and Mr. Ryan will discuss what risk managers should expect from insurance and reinsurance and the attributes characterizing the "complete" risk transfer company and the "complete" broker.

Monday afternoon will include two sets of breakout sessions. The first pair includes a discussion on selecting the right domicile. Moderated by Ms. McIntyre, the panel will include Paul Obolensky, president of the Captive Management Division of AIG Insurance Management Services in New York; Paul Pinckney, a Tillinghast-Towers Perrin principal in Irvine, Calif.; and Irene Ryan, a managing director with SINSER (Ireland) Ltd. in Dublin.

The simultaneous offering is a session examining issues associated with loss reserving. Moderated by D. Hugh Rosenbaum, a principal with Tillinghast-Towers Perrin in London, the reserving panel includes Frederick W. Travis, director of corporate safety and risk management for the Anheuser-Busch Cos. in St. Louis; and Susan Patschak, a principal/actuary with Tillinghast-Towers Perrin in Atlanta.

The final breakout pairing Monday afternoon includes a discussion of tax and regulatory issues moderated by Mr. Rosenbaum and with a panel of Baker & McKenzie's Mr. Cameron and Steve Eldridge, a Weston, Conn.-based consultant.

The parallel session on Latin American captive developments will be moderated by Skandia's Mr. Rosser and will include Stavros Costarangos, president of Q'Stion Managers Panama Inc.; and Manuel A. Eskildsen, general manager of Compania Internacional de Seguros S.A.

Tuesday, Nov. 18, begins with a pair of concurrent sessions. One on reinsurance accessibility, affordability and necessity will be moderated by Mr. Rosenbaum and will include panelists Mark W. Hinkley, executive vp of TIG Re in Stamford, Conn.; and Jean Stalcup, manager of Employers Reinsurance Corp.'s accident and health division in Overland Park, Kan.

The other early morning session Tuesday will explain the attractions and details of rent-a-captives. Moderated by Nicholas Dove, president of Bermuda-based Skandia International Risk Management Ltd., the panel will include Michael Maglaras, principal with Michael Maglaras & Co. in Stamford, Conn.; Jeffrey R. Cole, assistant vp-risk management accounts underwriting at Wausau Insurance Co. in Wausau, Wis.; and Michael J. Burns, an attorney with Appleby, Spurling & Kemp in Hamilton, Bermuda.

The late morning concurrent sessions will include a discussion of risk financing issues in group health care. Moderated by Ms. McIntyre, the session will include John McCarthy, president of Harvard Risk Management Foundation in Cambridge, Mass., and Daniel Wolfson, president and CEO of the HMO Group in New Brunswick, N.J.

The other late morning session Tuesday will focus on multiyear, multiline programs and the issues associated with aggregating various risks in an integrated program. Mr. Rosenbaum will moderate the panel, which will include J. Brady Young, president of Alternative Risk Solutions Inc. in Lexington, Mass.; and Tom Regan, director of corporate risk management for Becton, Dickinson & Co. in Franklin Lakes, N.J.

Tuesday afternoon, the first of two pairs of concurrent sessions will include a discussion of fronting and workers compensation, moderated by Mr. Rosenbaum. Panelists at that session will include Arthur Koritzinsky, senior vp at J&H Marsh & McLennan Inc. in New York; Lois Fuchs, assistant treasurer of risk management at AlliedSignal Inc. in Morristown, N.J.; and Hector Mendez, senior vp and chief operating officer of CNA Risk Management in New York.

The other early afternoon session Tuesday will examine the future of the alternative risk transfer markets. That session will be moderated by Skandia's Mr. Dove and will include Mitchell J. Cole, of Watson Wyatt Worldwide in New York, and Richard Hackenburg, CEO of Risk Management Services, National Practice Group, at Willis Corroon Corp. in Nashville, Tenn.

One of the two late afternoon sessions Tuesday will be a wrap-up of the conference. Moderated by Mr. Rosenbaum, the session will allow attendees to ask unanswered questions, revisit topics or discuss issues that weren't covered.

The simultaneous session in Tuesday's final pairing will feature tales of "Wheeling, Dealing and Stealing" in the alternative risk financing market from investigative reporter Douglas McLeod, a BI senior editor.

Closing the conference Wednesday, Nov. 19, will be a morning-long examination of risk financing case studies. Offering a glimpse of their experiences will be Richard C. Heydinger, director of risk management services at Hallmark Cards Inc. in Kansas City, Mo.; Douglas Hoffman, managing director of Bankers Trust Co. in New York; and Thomas Petersson, managing director of Erika Insurance in Stockholm, Sweden.

Besides the conference's educational sessions, there will be recreational activities, including a golf tournament and barbecue luncheon Nov. 16 and a tennis tournament the afternoon of Nov. 18. In addition, receptions will be held each night and a dinner is planned Nov. 18.

An exhibit hall will be open during the opening reception and during the conference Monday and Tuesday.

Full registration for the World Captive Forum is $1,200, with a $975 fee for subsequent registrations from the same company or for risk managers. The exhibitor's fee of $2,000 includes one full registration.

There is a $100 guest registration fee, and the fee for the optional World Captive Golf Tournament is $110.

Special conference room rates at Turnberry Isle are $190 per night, plus a $5 per day hotel staff service charge and taxes, with WCF attendees enjoying a $10 discount on greens fees and a 50% discount on spa and tennis facility fees.

The five-star Turnberry Isle Resort & Club is located 20 minutes from Fort Lauderdale Airport and 30 minutes from Miami International Airport.

Alternate accommodations are available at the Radisson Aventura Beach Resort by calling 305-932-2233, ext. 1225. Shuttle service will be available from the Radisson to Turnberry Isle.

For more information, contact the World Captive and Alternative Risk Financing Forum office at 4248 Park Glen Road, Minneapolis, Minn. 55416; 612-928-4659; fax: 612-929-1318.