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Gulf Actuarial Society - Past events

2018/2019

Date Event Topics and Speakers
26 June 2019 GAS Event

Welcome from Priyank Gupta, Chairperson, GAS

Speakers included:

Session 1 - Models for classifying policyholder lapse
Speaker: Karthik Tumuluru, Actuarial Associate, Metlife Gulf, Dubai

Session 2 - An introduction to reinsurance optimisation for non-life insurance
Speaker: Salman Shah, Consulting Actuary, Lux Actuaries & Consultants, Dubai

Session 3 - IFRS 17 - Proving PAA eligibility for non-life insurers
Speaker: Laura Barella, Director, Head of Actuarial Services, PwC Middle East, Dubai

Presentation of Quality Assurance Scheme Award by Paul Sweeting, IFoA Council Member, to Mamata Pandey, Lux Actuaries & Consultants

Session 4 - Professionalism session
Speaker: Paul Sweeting, Chief Risk Officer, Hassana Investments Company, Riyadh

Event sponsored by Lux Actuaries & Consultants

2017/2018

Date Topic Speaker
4 December 2018

The Institute and Faculty of Actuaries’ (IFoA) Head of Europe, Middle East and Africa Markets Development, Irene Serewicz Redman and Business Development Manager, Adriaan van Heerden were present and discussed recent developments at the IFoA, including Curriculum 2019 and IFRS 2017.  Members from some of the relevant regulatory bodies also attended the event.

Various
28 June 2018

Five miscellaneous sessions:

GLM Pricing and Data Science Algorithms; IFRS 17 – The New Financial Reporting Standards for Insurance Companies; Claims Fraud Assessment; Data Driven Decision Making – Using Analytics to Optimise Profits; Professionalism

Various
29 November 2017

Miscellaneous topics of relevance and interest

Life Insurance Mortality Study, Regulatory Developments across the GCC, Actuaries and Underwriters, Professionalism, and VAT Presentation and Industry Update

Various

2016/2017

Date Topic Speaker
30 May 2017 Member event

Session 1 Predictive Analytics.  
Speaker: Brian Brown, President, Casualty Actuarial Society (CAS)

Session 2 - Draft Regulations Regarding Life Insurance in the UAE – Challenges and opportunities for Insurers.  
Speaker: Karunanidhi Muthuswamy, Chief Actuary, RGA Middle East

Session 3 UAE Actuarial Regulations.  
Speakers: Omer Morshed, CEO, Sidat Hyder Morshed Associates (Pvt) Ltd

14 November 2016 Fifth member event

Welcome by Shivah Bhagaloo, Chairperson, GAS
Speakers included:

Session 1 -
Speaker: Fiona Morrison, Immediate Past President, IFoA, UK

Session 2 - Challenges and Opportunities in the Life Insurance Industry; A reinsurer’s perspective
Speaker: Mohsin Ali Khan, Head of Pricing, Gulf Region - Life Reinsurance, Munich Re Underwriting Agents (DIFC) Ltd

Session 3 - Parametric Insurance and Perspectives in the Region
Speakers: Violaine Raybaud, Regional P&C Underwriting and Development Manager, AXA Insurance (Gulf) B.S.C. (c) and Thameur Zghal, [Insert Designation], AXA Insurance (Gulf) B.S.C. (c)

Session 4 - Solvency Regulation in the UAE: A Benchmark and Impact Study
Speaker: Raghav Ohri, Consulting Actuary, Lux Actuaries and Consultants, Dubai

Event sponsored by Munich Re:
  Munich Re

2014/2015 and 2015/2016

Date Topic Speaker
12 May 2016 Fourth member event - see write up by Mark Cockroft

Our technical talks covered a wide range of issues including:

  • a panel discussion on the role of actuaries in the GCC led by Shoab Soofi from Metlife
  • a presentation on Capital Modelling from Mark Cockroft, Qatar Re and Chairman of the GAS Committee, and
  • an interactive session titled 'Using the ODP Bootstrap Model: A Practitioner's Guide' with Mark Shapland from event sponsors Milliman
  • presentation on Telematics by Reena Gandesha.
23 November 2015

Third member event

 

Presentations by:

The event was sponsored by Milliman and AMBest:

Milliman logo

 

A M Best logo

 

Photographs of the event.

11 May 2015 IFoA Presidential visit to Dubai

Presentations by:

View photographs of the visit

23 November 2014 Launch of the Gulf Actuarial Society

Presentations by:

  • Wim Daems, Sungard Insurance - Possible future life insurance developments in the Middle East and
  • Derek Cribb, Chief Executive of the IFoA.

View photographs of the launch event

Contact Details

For information regarding regional societies, please contact the Senior Stakeholder Relationship Manager, Kirstie Smith.

kirstie.smith@actuaries.org.uk

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Events calendar

  • Autumn Pension Seminar

    Grand Connaught Rooms, 61-65 Great Queen St, Holborn, London WC2B 5DA
    13 November 2019

    Spaces available

    Join us for this brand new seminar that brings together our Current Issues in Pensions, Pensions and the Law, and Investment for Pension Actuaries events. The seminar builds on the IFoA’s Annual Pension Conference with sessions covering CDC, TPR’s code of practice, investments, legal updates and Professional Skills Training with a focus on interactive discussion throughout.

  • KSS event: How is Scotland’s population changing and what are the implications?

    Barnett Waddingham, 163 West George Street, Glasgow, G2 2JJ
    14 November 2019

    Fully booked.

    The National Records of Scotland (NRS) collects, preserves and produces information about Scotland's people and history to inform current and future generations - work that underpins the fabric of Scottish society and tells the story of our nation. This KSS talk will explore the following and other areas impacting Scotland’s changing population, and assess the potential implications of the changes:

    • population statistics
    • life expectancy
    • changes in age structure
    • birth and death rates, including causes of death statistics.
  • Life Conference 2019

    The Convention Centre Dublin, Spencer Dock, North Wall Quay, Dublin 1
    20-22 November 2019
    Fully booked.

    The Life Conference is the premier event for professionals interested in life insurance.  Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance ensuring you get up to date on the latest thinking and innovation whilst meeting and exchanging ideas with a broad range of professionals.

  • KSS event: Climate change, ESG and what it means for Insurers

    PwC Edinburgh, Atria 1, 144 Morrison St, Edinburgh
    2 December 2019

    Spaces available

    Speaker: Pallavi Konwar

    Pallavi has a background in banking and asset management as well as within government. She started her career at Wall Street in New York, where she worked for Citigroup on mortgage securitisations and collateral analysis. Before joining PwC, she worked within the Infrastructure UK team at HM Treasury. where she was responsible for contributing to the National Infrastructure Plan and reporting on the performance and delivery of nationally significant infrastructure projects.

  • ARC Workshop: Modelling Socio-Economic Differences in English Mortality

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    2 December 2019

    Spaces available

    Purpose
    The workshop will give participants detailed insights into how a large and detailed dataset can be used to assess levels of mortality inequality in England, using a number of novel statistical methods. We will also address the question: are regional variations in mortality real or imaginary?

  • Autumn Lecture 2019, London - Dr Kay Swinburne

    Lincoln's Inn The Treasury Office, London WC2A 3TL
    2 December 2019

    Spaces available

    We are delighted to announce that Dr Kay Swinburne will deliver this year’s lecture, "It’s not all about the numbers – regulatory challenges for UK financial services post-Brexit"

  • Professional Skills Training - Edinburgh (3 December 19)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    3 December 2019

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • SIAS Event: Discount Rates are Flawed

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    3 December 2019

    Spaces available

    This talk will be given by Jon Spain who, as far back as 1983, has been working independently, trying to bring “long-term” back to UK actuarial thinking. His current focus is on discount rates (see discrate.com).

  • A Holistic Study into Cash flow Driven Investment

    Staple Inn, 4 High Holborn, Holborn, London WC1V 6DR, UK
    4 December 2019

    Spaces available

    Given that Cashflow Driven Investment strategy has attracted growing interests from pension funds and insurers at the backdrop of current market conditions and clients’ circumstances, the objective of this event is to gather thought leaders from asset managers, banks and insurers to offer attendees their perspectives and insights on main aspects of consideration when adopting this strategy.

  • Your Actuarial Career: Managing Career Breaks

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    5 December 2019

    Spaces available

    Maternity or paternity leave, sabbaticals to study or travel, managing care responsibilities or escaping unemployment – Join Chika Aghadiuno and a panel of IFoA guests to explore the issues around career breaks from the perspective of an employee and an employer. Supported by Ignata Actuarial & Investments

  • Sessional Meeting - Silent Cyber Assessment Framework

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    9 December 2019

    Spaces available

    The (re)insurance industry is faced with a growing risk related to the development of information technology (IT). This growth is creating an increasingly digitally interconnected world with more and more dependence being placed on IT systems to manage processes.

  • Professional Skills Training - London (10 December 2019)

    Staple Inn, High Holborn, London WC1V 7QJ  
    10 December 2019

    Spaces available

    This event will be of interest to students and recently qualified actuaries.

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  The content and discussion at this session is particularly tailored to actuarial students and newly qualified actuaries working in any area and the format is interactive, so you should come along prepared to take part in the discussions with your peers.

  • SIAS Event: My Journey to Data Science, Big Data and AI

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    7 January 2020

    Spaces available

    Patrick Lee is an actuary who has made the transition to working in software architecture and artificial intelligence (AI). He holds Microsoft Professional qualifications in Data Science, Big Data and AI and is currently working towards a DevOps (the automation of software testing and deployment) qualification. He is a member of the IFoA Council and is also President of the Wessex Actuarial Society. He is also a member of the IFoA and the RSS's joint Data Science Focus Group and will talk on the ethical use of AI. 

  • Spaces available

    This presentation covers the detail for how the matching adjustment is calculated. A small simple example spreadsheet is provided and discussed in detail.

    For actuaries wanting to get more involved with the matching adjustment, this is the opportunity to get a detailed description of the mechanics involved. This includes cashflows derisking, PRA tests as well as hypothecation.

    The presentation is provided by James Sharpe who has worked on a number of matching adjustment calculations with several firms.

  • IFoA Volunteer Recognition Reception

    Staple Inn, 4 High Holborn, Holborn, London WC1V 6DR, UK
    15 January 2020

    Spaces available

    As a thank you to all our Institute and Faculty of Actuaries (IFoA) volunteers, you are invited to join us at Staple Inn Hall, for an evening of drinks, canapes and networking, in London.

    IFoA President, John Taylor, will be attending and will make a speech

    If you support the IFoA as a volunteer (member or non-member), or in any other role, and you are going to be in London on 15 January, please book your place and join us at this reception.

     

  • Professional Skills Training - London (16 January 2020)

    Staple Inn, High Holborn, London WC1V 7QJ
    16 January 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Sessional Meeting - Operational Risk Dependencies

    Royal College of Physicians of Edinburgh 9 Queen St Edinburgh EH2 1JQ
    20 January 2020

    Spaces available

    The Operational Risk Working Party aims to assist actuaries and others in the modelling and management of operational risk. One of the key challenges in modelling operational risk is the modelling of dependencies between operational risks, and between operational and non-operational risks such as market, credit and insurance risk. Their paper seeks to assist in this regard, and help develop good practice in setting assumptions and modelling operational risk dependencies. 

  • Professional Skills Training - Edinburgh (23 January 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    23 January 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • ARC Sessional Research Event

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    3 February 2020

    Spaces available

    This sessional will be delivered by members of the research team working on the ARC “Big Health & Actuarial Data’ research programme, led by Professor Elena Kulinskaya (University of East Anglia).

  • Professional Skills Training - London (11 February 2020)

    Staple Inn, High Holborn, London WC1V 7QJ         
    11 February 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Sessional: Impact of E-cigarettes Working Party

    Royal College of Physicians, 9 Queen St, Edinburgh EH2 1JQ
    24 February 2020

    Spaces available

    This sessional meeting will be of direct interest to actuaries and others working in the in the Health and Care, Life or Pensions sectors or indeed actuaries with an interest in morbidity or mortality.

  • Professional Skills Training - Edinburgh (25 February 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    25 February 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • IFoA Asia Conference 2020, Kuala Lumpur

    CCEC Nexus, 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
    24-25 June 2020
    Spaces available

    The sixth annual Asia Conference once again offers a prestigious line-up of home and international speakers discussing the insurance and financial industry’s innovation and change in Asia. This year's conference in Kuala Lumpur will be hosted by Tan Suee Chieh, IFoA’s first Asian President. He will also make his Presidential address at this conference and will expand on the important elements of IFoA’s new strategy. 

    Additionally, this landmark conference will showcase how the IFoA is reinventing itself to support its members to succeed and thrive in a digital age, within traditional businesses and beyond, as a global organisation. 

    No tot be missed by international industry players, opinion formers, academic and industry leaders, actuaries and non-actuaries.