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Conference highlights.

Risk managers explore challenges on the Asia-Pacific business scene

As COMPETITION IN the global marketplace grows fiercer, companies will increasingly look to untapped markets in every comer of the world for business opportunities. Because this surely will pose new and formidable challenges to risk managers, the 1992 Asia-Pacific Risk Management Conference co-sponsored by the Risk and Insurance Management Association of Singapore (RIMAS) and the Risk and Insurance Manage-ment Society (RIMS) of North America focuses on the idea of "The Global Fit."

A new feature of this year's conference will be executive briefings from risk management associations in the European Community and in Singapore. These briefings will concentrate on the changes taking place in these regions and the direction of risk management into the next century.

Delegates can also seize a close-up view of risk management in action at the conference's technical site visits of the award-winning fire protection system at Raffles City, the largest shopping/hotel/office complex in Singapore, or the foam deluge fire protection system of Singapore Airlines' free-span jumbo jet hangar. At Haw Par Villa, risk managers can learn about the risk management program of the latest hi-tech theme park on the island. Or, risk managers may choose to see Asia Pacific Breweries' new fully automated brewery plant and enjoy a "happy hour" at their clubhouse.

Officially opening the conference will be Mr. Law Song Keng, insurance commissioner and actuary and deputy managing director, Monetary Authority of Singapore. The keynote address on the globalization theme, to be presented by RiMS President Suzanne Crager, will immediately follow.

Here is a list of some of the more engaging conference sessions:

Lloyd's and the London Market- Explores the current state of affairs of Lloyd's and its future direction as the world's largest underwriting pool as viewed by Michael W. Payne, chairman of the Michael Payne Syndicate -- Underwriters at Lloyd's in London. Speakers will also evaluate the health of the "non-Lloyd's" London market and its status as the insurance capital of the world.

Risk Management Services and Resources; the AsiaPacific Update- Informs global risk managers as to the resources available in the Asia-Pacific region to help their companies compete in the international business arena. Speakers: Alan Baxter, managing director, Alexander Howden (Far Ease Ltd., Singapore; Terry J. Paradine, managing director and region head, AsiaPacific, Marsh & McLennan Inc., Australia; and William Goh, director of the Singapore Insurance Institute.

Risk Management Challenges in ChinaConsiders the resources, standards and capabilities of the Chinese market, examines how to protect one's joint venture and looks at the impact of Hong Kong after 1997. Speakers: Kailin Tuan, professor of risk managment/insurance and management business at Temple University's School of Business and Management; John Williams, general manager of Sedgwick Group, PLC, London; and Robert J. Thomas, regional president, AIU Southeast Asia Regional Div., Hong Kong.

Controlling Health Care Cost the Risk Management Way -- Analyzes the benefits and liabilities of managed care and what really works to contain medical costs. Speakers: Charles Caronia, president and CEO of Caronia Corp. in Melville, New York; Robert Sophia, vice president of Johnson & Higgins Consulting in Hong Kong; and Dr. Alfred Loh, medical practitioner with the Raffles Medical Group in Singapore.

Crisis Management-- Looks at planning for a corporate calamity, crisis management communications and providing for and controlling the exposures key personnel present. Speakers: William J. Kelly, senior vice president for J.P. Morgan in New York; and Shelley Bird, vice president for Hill and Knowlton Asia Ltd. in Singapore.

Business Risks in Vietnam -- Shares advice on doing business in Vietnam, a country from which recently the U.S. government partially lifted its embargo, and the associated risk management challenges. It will feature M. Rajaretnam, executive director of the Information & Resource Centre Pte. Ltd., Singapore, and other pioneers involved in opening up Vietnam to world trade.

How to Establish a Staff Benefits Scheme to Retain Your Best Employee -- Provides guidelines to establish an employees benefit program and how to manage key personnel exposures. Speakers: Richard Tan, marketing manager, Heath Hundig Langeveldt Pte. Ltd. in Singapore; Dr. Margaret Schafer, project director, Johnson & Johnson Health Management Inc. in New Jersey; and Jeanne Tan, executive officer, group insurance and securities for Jack Chia-MPH Group in Singapore.
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Title Annotation:Special Section; 1992 Asia-Pacific Risk Management Conference
Publication:Risk Management
Date:Sep 1, 1992
Previous Article:Singapore: a center for global trade and business.
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