Meeting with the Insurance Commissioner of China

Meeting with the Insurance Commissioner of China
April 2, 2013
Beijing – China

A delegation headed by the Secretary General of The Federation of Afro Asian Insurers & Reinsurers Hammam Bader visited China’s Insurance Commissioner in Beijing on April 2, 2013

The delegation consisted of FAIR Non-Life Reinsurance Pool’s, Director: Aylin Kocaturk, FAIR Aviation Pool’s Manager; Noureddine Allaoui, and FAIR Oil & Energy Insurance Syndicate’s Managing Director; Nabil Hajjar.

Mr. Bader briefed the commissioner on the Federation and invited him to attend the opening ceremony F.A.I.R  23rd General Conference which is going to be held in Beijing in September 2013

The Secretary General’s introduction was followed by introductory presentations of the 2 pools and Syndicate.

The Syndicate Managing Director’s presentation concluded with a request to the commissioner to consider the security of F.A.I.R Pools & Syndicate acceptable without rating since rating agencies do not provide the service to this kind of entities.

The commissioner promised to look into this request and revert and request his team to study the matter and gather the necessary documents for review.