address by the chairman of Lloyd's are anticipated to be highlights of the Bermuda Insurance Symposium.

Dubbed "One Market For The World'', the biennial symposium started yesterday with a golf tournament and concludes on Friday morning at Marriott's Castle Harbour Resort.

Centre Cat president Mr. Charles Kline is part of the property catastrophe discussion panel.

Mutual Risk Management chairman Mr. Robert Mulderig will be among insurance company executives discussing trends in the captive insurance sector and how they might shape the future.

Lloyd's chairman Mr. David Rowland will discuss the London market and whether it is "friend or foe'' to Bermuda.

"He is among an impressive list of guest speakers,'' said Bermuda Insurance Symposium Chairman and CEO of Aon Risk Services (Bermuda) Ltd. Mr. Robin Spencer-Arscott.

Mr. Rowland's presentation, originally slated for Friday has been moved to tomorrow's lunch while the property cat and captive presentations take place today and tomorrow.

Symposium panels will also be reviewing excess liability and directors and officers liability insurance and finite risk underwriting, said Mr.

Spencer-Arscott.

"These subjects reflect the products and programmes offered by our industry, but other topics, such as international regulatory trends, derivative risk, health reform and the implications of global warming, cover interests that extend way beyond the Bermuda market's activity,'' he said.

"The broad range of topics up for discussion at the conference clearly demonstrates the increased diversity of the industry.'' The symposium has opened amid heightened interest in the Island's status as a major international insurance and reinsurance market, said the Bermuda Insurance Institute (BII).

"The three-day Bermuda Insurance Symposium will focus world-wide attention on an industry with more that $29 billion of capital and surplus and premium income of at least $18 billion a year,'' said the BII.

Other leading speakers -- the conference boasts 42 -- include Guy Carpenter chairman Mr. Richard Blum, The Wellington Underwriting Group Ltd. underwriter Mr. Anthony Taylor, Dr. Jane Fulton of the University of Ottawa and regulators Mr. Lee Douglas of the Arkansas Insurance Department and Mr. Jonathan Spencer of Britain's Department of Trade and Industry.

TODAY AT THE SYMPOSIUM Today at the Symposium Today's Bermuda Insurance Symposium II "One market for the world'' schedule includes opening remarks by the conference's Chairman Mr. Robin Spencer-Arscott and by Finance Minister the Hon. David Saul as well as four panel discussions and one guest speaker.

Registration and continental breakfast at the trade show exhibitor halls is slated from 7.45 to 8.45 a.m.

CEO of Aon Risk Services (Bermuda) Ltd., Mr. Spencer-Arscott, will welcome attendees while Dr. Saul will discuss why is Bermuda one market for the world from 9 a.m. to 9.15 a.m.

At 91.5 p.m., leading regulators will discuss global regulatory trends and how they measure up to a crises. Milligan-Whyte & Smith partner Mrs. Lynda Milligan-Whyte,will moderate a panel which includes Bermuda Registrar of Companies Mr. Malcolm Butterfield, Standard & Poor's Insurance Rating Services managing director Mr. Alan Levin, Arkansas Insurance Commissioner Mr. Lee Douglas, Mayer, Brown & Platt partner Mr. David Spector, and the head of the Insurance Division of the UK Department of Trade and Industry Mr. Jonathan Spencer.

From 11 a.m. to 12.30 p.m., the director of the Bermuda Biological Station for Research Inc. Dr. Anthony Knap will moderate a panel discussion on global warming which includes Dr. Robert Charlston, professor of atmospheric chemistry, University of Washington, Prof. James McCarthy, director of Harvard University's Museum of Comparative Zoology, and Dr. Jerry Mahlman, Director Geophysical Fluid Dynamics Laboratory, US Department of Commerce/NOAA.

The first guest speaker, Dr. John Paling, John Paling & Co. Ltd., will deliver a humorous look at the world of risk with a luncheon presentation entitled "Can living kill you? Putting risks of life into perspective'' which is scheduled for 12.30 to 2.15.

The mid-afternoon session on property catastrophe insurance, from 2.15 to 3.45 p.m., will bring together property catastrophe company executives Centre Cat Ltd. president Mr. Charles Kline, The Wellington Underwriting Group Ltd.

underwriter Mr. Anthony Taylor, Guy Carpenter & Company Inc. chairman Mr.

Richard Blum and President and CEO of PXRE Corporation Mr. Gerald Radke.

President & CEO Mr. Michael Butt, Mid Ocean Reinsurance Company Ltd., will moderate.

An update on how financial reinsurers have adapted to accounting changes, lasting from 4.15 p.m. to 5.30 p.m., will be moderated by Inter-Ocean Reinsurance Company Ltd. president Mr. Jay Branum and will feature Scandinavian Reinsurance Company Ltd. senior vice president and CFO Mr. Dave Brining, deputy member of the board of management of Hanover Re Mr. Dirk Lohman and Pegasis Advisors Inc. president Mr. Gregory Leonard.

A reception at Government House is slated from 6.30 p.m. to 8 p.m. with transportation departing from the hotel entrance between 6 and 6.30 p.m.