For senior executives in lending, funding, risk management, treasury, administration. Keynote speeches and panel discussions on pan-European issues, topics and trends.
For senior executives in business development, investment banking, mergers and acquisitions, sales and marketing. Two- to three-hour panel sessions that cover all aspects of major European markets including:
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EUROCATALYST 2002
Founding Catalyst: GE Mortgage Insurance
GE Mortgage Insurance Ltd (GEMI) is a leading monoline mortgage insurance provider in Europe. GEMI offers lenders a focused expertise - we specialize in protecting lenders and investors from borrower default on residential mortgage loans. GEMI does not provide any other types of insurance, eliminating exposure to other risks. With European headquarters in the UK, the company is a subsidiary of GE Capital, a global, diversified financial services company with assets of more than 475 billion euros. GE Capital is a wholly owned subsidiary of General Electric Company, a diversified services, technology and manufacturing company with operations worldwide. GE has over 40 years of mortgage insurance experience and more than €175 billion of mortgages insured, providing protection to mortgages lenders in Europe, Canada, Australia, New Zealand and the United States. In Europe, GE Mortgage Insurance Ltd carries an insurer financial strength rating of 'AA' from Fitch and Standard & Poor's and 'Aa2' from Moody's Investor Service. Regulated by the Financial Services Authority in the UK, GEMI participates as an observer member of the European Mortgage Federation, an associate member of the Council Of Mortgage Lenders and a member of the Association Of British Insurers. GE Mortgage Insurance Ltd offers a variety of products and services, all designed to serve European mortgage lenders by:
Mortgage insurance protects lenders in the event of borrower default. If a lender forecloses on a property and the subsequent sale of the property is insufficient to cover the outstanding debt, unpaid interest or foreclosure costs (in some markets) then GE will pay a claim to the lender. GEMI's proprietary mortgage score, OmniScore™, which combines borrower credit information and mortgage attributes, provides lenders with a tool to help manage the risk in their portfolios and streamline processes. Reducing Capital Requirements In certain jurisdictions, mortgage insurance from a highly rated, monoline insurance company can reduce the capital required for a mortgage loan. Expanding Homeownership Mortgage insurance helps people to realize their dreams of homeownership sooner by making mortgages with low deposits possible. Also known as high loan-to-value mortgages, lenders can originate these higher risk loans in the comfort of knowing that GEMI is there to protect them in case the borrower defaults. Increasing Lender Profits By increasing volumes and reducing losses, GEMI can help lenders improve the bottom line. Mortgage insurance enables lenders to expand lending criteria and reduces the loss-given-default (LGD) or severity of loss should a borrower default. EUROPEAN HEADQUARTERS www.gemieurope.com Tammy Richardson VP - European Business Development 2nd Floor 6 Agar Street London WC2N 4HR UK +44 (0)20 7599 1581 tammy.richardson@gecapital.com ITALY Valeria Picconi Director - Business Development and Operations Via San Gregorio 34 20124 Milan Italy +39 02 6670 5322 valeria.picconi@gecapital.com NETHERLANDS Gerhard Wieringa Director - Business Development and Operations Prof. E.M. Meijerslaan 1 Amstelveen 1183 AV Netherlands +31 20 503 5740 gerhard.wieringa@gecapital.com SPAIN & PORTUGAL Juan Fernandez Aceytuno Director - Business Development and Operations C/Luchana 23 Madrid 28010 +34 91 444 4007 juan.fernandezaceytuno@gecapital.com UK & THE REPUBLIC OF IRELAND David Botting Director of Client Management 2nd Floor 6 Agar Street London WC2N 4HR UK +44 (0)20 7599 1530 david.botting@gecapital.com GE Mortgage Insurance Limited, incorporated in England and Wales. Registered No. 2624121. Registered address: 6 Agar Street, London WC2N 4HR, England. Regulated as a general insurance company by the Financial Services Authority of the United Kingdom. Any transaction entered into by a recipient of this communication will not fall within the jurisdiction of any dispute resolution scheme or compensation scheme.
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eurocatalyst 2002 was supported and endorsed by
 European Mortgage Federation
 Council of Mortgage Lenders
 Confederación Española de Cajas de Ahorros / Spanish Confederation of Savings Banks
 Verband deutscher Hypothekenbanken / Association of German Mortgage Banks
 International Union for Housing Finance
 Realkreditrådet / Association of Danish Mortgage Banks  The European Group of Valuers' Associations (TEGoVA)     Thanks to these firms for their vision and financial support in building a new platform for the European mortgage lending industry at eurocatalyst 2002!
FOUNDING CATALYSTS    EUROCATALYSTS     INDUSTRY CATALYSTS   REGIONAL CATALYSTS     EXHIBITORS  |
