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Ernst & Young Global Insurance Center Co-Sponsors Leading Industry Conferences; Property/Casualty and Life Industry Events Offer

NEW YORK

Ernst & Young LLP today announced its Global Insurance Center will be the lead sponsor of the 2006 Annual Executive Conferences for the Insurance Industry that address “Managing Change” in the Property/Casualty and Life/Health sectors. The events are organized by The Conference Group, Ltd., a division of National Underwriter Company.

The Eighteenth Annual Executive Conference for the Property-Casualty Industry will be held Thursday, November 16 and Friday, November 17 at the Metropolitan Club in New York. Leading CEOs, regulators and industry analysts will discuss the major issues impacting the Property-Casualty sector with an audience of senior industry executives.

Issues on the agenda include catastrophe exposure, management and funding of cat risk; developments in the Bermuda market; the future of Lloyd’s; capital management and economic capital modeling; the impact of changing broker models; and the state of the market.

Speakers include Lord Peter Levene, Chairman, Lloyd’s of London; Edmund (Ted) F. Kelly, Chairman, President, and CEO, Liberty Mutual Group; Thomas J. Wilson, President and COO, The Allstate Corporation; Steven J. Bensinger, Executive Vice President and CFO, American International Group, Inc.; Superintendent Howard D. Mills of the New York Department of Insurance and Governor Marc Racicot, President, American Insurance Association, among others.

The Seventeenth Annual Executive Conference for the Life Insurance Industry will be held on Thursday, December 14 and Friday, December 15 at the New York Metropolitan Club.
CEOs, CFOs and senior management will gather to discuss M&A activity, developments in the retirement income arena, capital management; securitization; and key legislative issues such as product suitability, life settlements and optional federal charter. There will also be an economic forecast for the industry, with differing views on current and future market conditions.

Speakers include Arthur F. Ryan, Chairman and CEO, Prudential Financial, Inc.; C. Robert Henrikson, Chairman, President and CEO, MetLife, Inc.; J. Barry Griswell, Chairman, President and CEO, Principal Financial Group; Governor Frank Keating, President and CEO, American Council of Life Insurers; and Superintendent Allessandro A. Iuppa, President, National Association of Insurance Commissioners, among others.

“We chose to sponsor the upcoming P/C and Life Executive conferences because they further our Global Insurance Center’s goal of addressing major industry issues and facilitating knowledge-sharing,” says Peter Porrino, Ernst & Young’s Global Director of Insurance Services and Americas Director for Financial Services. “We are delighted to play an integral role in the delivery of such significant industry events.”

For more information about the conferences, please call The Conference Group, Ltd. at 212-813-2292 or visit www.nucoevents.com.com. To attend, please contact Deanna Decker at 212-752-8338 or .(JavaScript must be enabled to view this email address).

About Ernst & Young’s Global Insurance Center

The Center is the hub of the Ernst & Young network of professionals dedicated to serving the global insurance market and connects our people around the globe, sharing information and experience on current and emerging industry issues. The goal is to help our global insurance clients address their complex issues by drawing on our broad range of services including: assurance, tax, actuarial & risk management, regulation & compliance, internal audit, finance and performance management, transaction advisory services, and technology advisory to support these services.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the quality of financial reporting. Its 107,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients.

This press release has been issued by EYGM Limited, a member of the global Ernst & Young organization

Contacts
Padilla Speer Beardsley
Francine Vassallo - .(JavaScript must be enabled to view this email address)
Deanna Decker - .(JavaScript must be enabled to view this email address)
212-752-8338

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