their second International Insurance Seminar at the City Hall next Wednesday.

The executive level seminar is aimed at Bermuda's service providers, reinsurers and brokers and consists of three morning seminars and two mid-day speeches.

The event is billed as an opportunity for the Island's insurance professionals to keep abreast of the latest insurance industry developments.

Speakers include senior vice president and chief financial officer of Bermuda-based property catastrophe reinsurer, PartnerRe Mr. Scott Moore and president and CEO of Normandy Re Mr. Aaron Stern. Mr. Stern will be speaking on property catastrophe insurance futures and options.

There will be several industry specialists present from Deloitte & Touche in the US addressing new insurance accounting issues and the SEC's interpretation of those issues.

A mutual funds specialist will be there to discuss accounting issues related to certain investments which may be of interest to local insurers.

Earlier in the day, the conference will hear Mr. Mark Parkin, Deloitte & Touche's New Jersey office partner, give an update on the issue of accounting standards in the US.

Mr. Jeff Swormstedt, the firm's national office partner, will have views on current SEC interpretations and New York partner Ms Carol Calhoun, will talk about investment products.

Seminar organiser Mr. Roger Titterton, a Deloitte & Touche Bermuda partner, said, "Our first executive level insurance seminar was held in January 1994 when our international insurance committee held their meetings in Bermuda.

"The success of that event encouraged us to commit to providing a second seminar at the City Hall auditorium, followed by a luncheon and keynote speech in the Art Gallery, a first class venue conveniently located for the insurance industry in Bermuda.'' The organisers will gauge industry interest from this event in the planning of future seminars.

Deloitte & Touche has 56,000 employees in 110 countries.