27 October 2010 — DFSA Hosts Global Insurance Summit Today

Dubai, UAE, 27 October 2010: The Dubai Financial Services Authority (DFSA) hosts, today, the world's policy makers and insurance leaders, in Dubai. The 17th Annual Conference of the International Association of Insurance Supervisors (IAIS) is a two day event commencing today at the Grand Hyatt Conference Centre.

The Chief Executive of the DFSA, Mr Paul Koster said: "The theme of this year's conference is 'The Gateway to Trust in the Insurance Industry.' The global financial crisis has reminded us all of the critical importance of trust in financial institutions and markets as a pillar to financial and economic stability."

"Activity in the UAE insurance sector has continued to expand throughout the crisis and has a buoyant outlook. There are significant opportunities in the region's insurance market and the outlook for the Gulf's insurance sector is robust. Over the coming days delegates should gain a deeper understanding of emerging industry trends and regulatory developments."

The DFSA would like to thank the UAE Insurance Authority, DIFC, PWC, RGA, Deloitte, Metlife, Swiss Re and all the other sponsors for the support it has received.