The World Insurance Forum said its 2008 meeting will take place in Dubai, marking the first time the biennial event will occur outside of WIF's Bermuda base.

The WIF said it expects the conference to draw industry insurance and reinsurance leaders and key government authorities from multiple jurisdictions worldwide.

Forum attendees will have the opportunity to discuss industry developments and network with the world's leading insurance and reinsurance companies, along with brokers, risk product managers, buyers and investors, capital market players, and senior country officials from the Middle and Far East regions, WIF said.

For the first time the upcoming meeting program will include opening discussions by current and former heads of state, WIF said.

Michael Butt, chairman of The World Insurance Advisory Board, noted, “As the world continues to globalize, Dubai is seeking to become the leading center for the Middle East and South Asian region.”

Omar Bin Sulaiman, governor of the Dubai International Financial Centre, which will host the event, said, “Dubai and the Gulf in general are experiencing and increasing demand for insurance products… We are sure the WIF will find Dubai a vibrant and rewarding venue.”

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