Dear Sir / Madam, We are looking forward to welcoming you in Istanbul in April. Federation of Afro Asian Insurers & Reinsurers "FAIR"

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Dear Sir / Madam, We are pleased to invite you to attend the Turkish Insurance Institute s international seminar on which will be held on 26 th and 27 th of April in Istanbul. The seminar is co hosted by the Federation of Afro Asian Insurers and Reinsurers (FAIR). In the framework of the FAIR s strategy to enable a seamless know how transfer and knowledge network within the Afro Asian region, the seminar will focus on providing a comprehensive outlook from the Turkish insurance market and the European insurance business, by relying on fast track harmonization process to the European Single Insurance Market and ever increasing multinational character of Turkish insurance market, regarding Casualty insurance business. The seminar aims at convening many Turkish senior executives from multinational insurance companies with their counter parts from Afro Asian region to create a platform which allows exchange of ideas and experiences as well as learning from each other. Your contribution to the conference will be particularly valued. We are looking forward to welcoming you in Istanbul in April. Prof. Dr. Suna ÖZYÜKSEL Turkish Insurance Institute Director Hammam M.Badr Federation of Afro Asian Insurers & Reinsurers "FAIR" Secretary General For any further questions or need any assistance, please do not hesitate to contact; Mr. Hamit Barış Taş 0090 212 296 22 57 # 123 baris.tas@tsev.org.tr

TURKISH INSURANCE INSTITUTE & FEDERATION OF AFRO-ASIAN INSURERS AND REINSURERS Istanbul Bosphorus Seminar on Pricing and Modeling in Casualty Insurance Istanbul, Turkey 25/28 April 2012 PARTICIPANTS GUIDE

A COUNTRY FOR ALL TASTES Turkey has so much to offer her visitors; breathtaking natural beauties, unique historical and archaeological sites, steadily improving hotel and touristic infrastructure and a tradition of hospitality and competitive prices. Therefore, it is not surprising that this country has recently become one of the world's most popular tourism destinations. Due to Turkey's diverse geography, one can experience four different climates in any one day. The rectangular shaped country is surrounded on three sides by three different seas. Its shores are laced with beaches, bays, coves, ports, islands and peninsulas. The summers are long, lasting as long as eight months in some areas. Turkey is also blessed with majestic mountains and valleys, lakes, rivers, waterfalls and grottoes perfect for winter and summer tourism and sports of all kinds. Mugla Konya/Mevlana Canakkale/Truva For centuries, Turkey has also been a crossroads of religions, not only of Islam and Christianity, but also of many others now forgotten by history. Many religious devotees can find a site, a shrine, a monument, a tomb or a ruin connected with their faith or belief. It is not possible in this page to represent all the touristic attractions of Turkey. Therefore, we suggest you to spare more time browsing our portal further. If you are not quite familiar with what Turkey offers her visitors you may start with the menu contents on the left or if you are looking for more specific subjects you may use the top menu items: Ordu Antalya FAQ http://www.goturkey.com/turkiye.php?lng=en&content=faq Nature&Geography http://www.goturkey.com/turkiye.php?lng=en&content=ceography History & Civilization http://www.goturkey.com/turkiye.php?lng=en&content=history Culture&Art http://www.goturkey.com/turkiye.php?lng=en&content=culture Turkish Lifesyle http://www.goturkey.com/turkiye.php?lng=en&content=lifestyle Unesco World Herritage List http://www.goturkey.com/dunya_mirasi_en.php?lng=en Statistics http://www.goturkey.com/turkiye.php?lng=en&content=ist 1

A CITY FOR ALL TASTES : ISTANBUL "If the world was a single state, Istanbul would be the capital." Napoleon The god and human, nature and art are together in there, they have created such a perfect place that it is valuable to see." Lamartine s famous poetic line reveals his love for İstanbul, describing the embracing of two continents, with one arm reaching out to Asia and the other to Europe. İstanbul, once known as the capital of capital cities, has many Istanbul unique features. It is the only city in the world to straddle two continents, and the only one to have been a capital during two consecutive empires - Christian and Islamic. Once was capital of the Ottoman Empire, İstanbul still remains the commercial, historical and cultural pulse of Turkey, and its beauty lies in its ability to embrace its contradictions. Ancient and modern, religious and secular, Asia and Europe, mystical and earthly all co-exist here. Its variety is one of İstanbul s greatest attractions: The ancient mosques, palaces, museums and bazaars reflect its diverse history. The thriving shopping area of Taksim buzzes with life and entertainment. And the serene beauty of the İstanbul strait, Princes Islands and parks bring a touch of peace to the otherwise chaotic metropolis. Istanbul e-brochure http://www.goturkey.com/ing/istanbul/index.html More Information About Istanbul http://www.kultur.gov.tr/en/belge/2-19941/istanbul.html http://www.goturkey.com/content.php?cid=48777&typ=c&lng=en& Area : 5.712 km² Population : 10.018.735 (2000) Istanbul 2

FACTS & PRATICAL INFORMATION Edirne / Selimiye Eminonu, New Mosque Blue Mosque (Sultan Ahmet) Denizli Official Name : Republic of Turkey Date of Foundation : 29 October 1923 Capital : Ankara Largest Cities : Istanbul, Ankara, Izmir, Adana, Antalya Area : 814.578 km2 Geographical Coordinates : Eastern Meridians 26 and 45 and Northern Parallels 36 and 42 Coastal Borders : Mediterranean Sea in the south, Aegean Sea in the west and Black Sea in the north Language : The official language is Turkish. English is widely spoken in major cities. Currency : TL (Turkish Lira) 1 Euro approximately equals to 2,30 Turkish Liras. Time Zone : GMT+2; CET +1; and EST (US -East) +7 Business Hours : The workweek in Turkey runs from Monday to Friday. Banks, government offices and majority of corporate offices open at 9 AM and close at 5 PM. Opening Hours: Shopping centers and department stores open from 10 a.m. to 10 p.m. In most premises of Istanbul, restaurants, cafes and bars are open 7 days until 10 p.m. Public Holidays : There are two types of public holidays in Turkey: Those that fall on the same day each year; and the religious festivals, which change according to the lunar calendar and, therefore, fall on different dates each year. 1 January, 23 April, 1 May, 19 May, 30 August, 28 & 29 October Electricity : 220V. European standard round two-pin sockets. Health Services : Cities and major touristic towns have a selection of private international and public hospitals with good standards. Food : As with many Mediterranean nations Turkish food is very healthy, fresh and enjoyable. Water: Although, tap water is chlorinated and, therefore, safe to drink in many cities, it is not recommended in Istanbul. It is better that you consume bottled water, which is readily and cheaply available. Climate: Turkey is situated in a geographical location which results in significant differences in climatic conditions from one region to the other. While the coastal regions enjoy milder climates, the inland Anatolia plateau experiences hot summers and cold winters with limited rainfall. Istanbul is generally 15-25 degrees in the spring and autumn. In the winter time the temperature is around 3-10 degrees and in the summer time the temperature may rise up to 30 degrees. Communications : Turkey has three GSM operators, all of them offering 3G services and almost 95% coverage over the country. Internet service is available all around the country. International Dial Code : +90 3

The seminar will be held at the Divan Hotel Asia Divan Hotel, Asia VENUE & ACCOMMODATION Divan-Asia Hotel Divan-Asia Hotel Divan Istanbul Asia is one of the city s most exciting new properties, a 25-story business class city hotel opened in November 2009. Its 230 guestrooms and suites offer not only superior comfort but also a wide range of features designed with the business traveler in mind. The luxury hotel in Istanbul is the largest and most business-friendly hotel on the rapidly developing Asian side of the city. Providing the easiest access to Istanbul Sabiha Gökçen International Airport of any hotel in the city, the business hotel in Istanbul also is in close proximity to major corporate headquarters, organized industrial zones and other key business locations. Along with superior high-technology accommodations, the Divan Istanbul Asia provides two a la carte restaurants, three bars and nine meeting rooms, including an 765 square meter column-free ballroom for 1,000, plus a luxurious Spa & Fitness Centre perfect for winding down after a busy day. The accommodation rate is valid from the 25th April until the 28th April 2012. Please make the booking before the 30th March. Reservations made after the 30th March only on availability. Divan-Asia Hotel Room Type*; Single Superior City View Rooms ----> 97 Double Superior City View Rooms ---> 113,5 Single Deluxe Sea View Rooms -----> 108 Double Deluxe Sea View Rooms -----> 124 *Inclusive of Open Buffet Breakfast and 8% VAT More information about Divan Hotel, Asia Divan-Asia Hotel http://www.divan.com.tr/eng/ Address: E5 Karayolu üzeri No:209 Ust Kaynarca Pendik 34899 Istanbul, Turkey Tel: +90 216 625 00 00 4

REGISTRATION Registration fees for the seminar is 450 per person. The fees includes social events; and excludes accommodation and personal expenses. Aiasophia Please note that participation to the seminar must be confirmed through the participation form at the attached file by 30th of March. DOCUMENTS Speaker s presentations will be provided as soft copy, via usb, on the seminar day. The Maiden Tower WORKING LANGUAGE The seminar will be held in English. St Savior in Chora (Kariye Museum) 5

DRAFT EVENT SCHEDULE 25 April 2012 18:00 20:00 Welcoming Cocktail 26 April 2012 08:00 09:00 Registration for the Seminar 09:00 09:30 Opening Speeches 09:30 12:15 Seminar 12:15 13:15 Lunch 13:15-16:15 Seminar 27 April 2012 09:00 12:30 Seminar 12:30 13:30 Lunch 13:30 16:00 Seminar 16:00 16:15 Closing Remarks 20:00 23:00 Gala Dinner 28 April 2012 08:30 17:00 Guided Tour 6

DRAFT SEMINAR PROGRAMME 26 April 2012 08:00 09:00 Registration for the Seminar 09:00 09:30 Opening Speeches 09:30 10:15 Homeowner Insurances 10:15 10:30 Coffee Break 10:30 11:30 Pricing and Modeling of the Homeowners Insurances 11:30 12:15 Personal Auto Insurances 12:15 13:15 Lunch 13:15-14:15 Pricing and Modeling of the Personal Auto Insurances 14:15 14:30 Coffee Break 14:30 15:15 Commercial Property Insurances 15:15 16:15 Pricing and Modeling of the Commercial Property Insurances 27 April 2012 09:00 09:45 General Liability Insurances 09:45 10:30 Commercial Auto Insurances 10:30 10:45 Coffee Break 10:45 11:45 Pricing and Modeling of the Commercial Auto Insurances 11:45 12:30 Worker s Compensation 12:30 13:30 Lunch 13:30 14:15 Professional Liability Insurances 14:15 14:30 Coffee Break 14:30 15:15 Specialists: Marine Insurances 15:15 16:00 Specialists: Aviation Insurances 16:00 16:15 Closing Remarks SOCIAL EVENTS 25 April 2012 18:00 20:00 Welcoming Cocktail (Dress Code is Smart Casual) 27 April 2012 20:00 23:00 Gala Dinner Dress (Code is Business Casual - ties are optional) 28 April 2012 08:30 17:00 Guided City Tour 7

AIRPORT TRANSFERS From Sabiha Gokcen Airport It is recommended to take a taxi from airport to the hotel, which is 7 km, as the most convenient way. It would cost around 25-30 TL ( 11-13 or $14-17) From Ataturk Airport The first and most convenient way is to take a taxi. It would cost around 100-110 TL ( 43-47 or $57-62) Grand Bazaar Ortakoy Mosque The second choice may be the hotel s exclusive transfer service which costs 120. The guests who ise expected to arrive Istanbul at the similiar time, may share the cost. Please consult the hotel for the availability and the cost-share for the transfer service. The third choice is to take the Airport Shuttle (Havatas) to 4. Levent. The shuttle departures in every 30 minutes. Then, you can take the bus (500T) to Pendik Köprüsü. And, finally, a taxi will drive you from Pendik Köprüsü to the hotel. The whole travel would cost 15-20 TL ( 7-9 or $9-11). Please consider that a public transportation card (Istanbul card) must be possessed to use the bus. This choice is not recommended for those who come to the city for the first time or those who travel lots of luggage as it is too complicated and challenging. Dolmabahce Palace 8

PASSPORT AND VISAS The conference organizers cannot assist in procuring passports and visas. All delegates will be personally responsible for ensuring that they are in possession of the correct documentation prior to their departure. The organizers do not accept responsibility for any consequences whatsoever from a delegate failing to ensure that he or she has complied with the necessary health, passports and visa requirements. Applications for visas should be submitted to the nearest Turkish diplomatic or consular representative abroad. Galata Tower Registered participants who require an official invitation letter for visa purposes should contact Mr. Hamit Barış Taş, baris.tas@tsev.org.tr Rumelian Fortress 9

E5 Karayolu Uzeri No.209 Ust Kaynarca Pendik 34899 ISTANBUL - TURKEY E 5 Karayolu Üzeri No:209 Üst Kaynarca Pendik 34899 Istanbul / Turkey HOTEL RESERVATION FORM Guest Phone : Date : Guest Name : Arrival Date : Departure Date : Room Type & Rates : Single Superior City View Rooms : 97.- Double Superior City View Rooms : 113,5.- Single Deluxe Sea View Rooms : 108.- Double Deluxe Sea View Rooms : 124.- Room rates are Inclusive of Open Buffet Breakfast and 8% VAT Selected Room Type : Accomadation : Single or Double Please complete your credit card details for your reservation: Credit card type Credit card holder (name) Number Valid until CVC Code Please kindly note that reservation is guaranteed by credit card. The room will be held for all night on the day of arrival. If you would like to cancel you reservation, you can cancel before 14th April 2012, 16.00 p.m. without any extra charge. Cancelling your reservation after 14th April 2012, 4:00 PM (local hotel time) on arrival date, will result in a charge equal to the full nights stay per room to your credit card. Yours Sincerely Divan Istanbul Asia RETURN THIS FORM DIRECTLY TO: Tugçe Konukçu at tugcek@divan.com.tr or fax to +90 216 625 01 01