2020/2021
| Date | Event | Topics and Speakers |
|---|---|---|
| 15 June 2020 | GAS Event |
Welcome and Regional Updates by Raghav Ohri, Secretary, Gulf Actuarial Society Introduction by Mana Alkhamsan, Director General, The Financial Academy
Speakers included: Session 1 – An Actuarial perspective of an Insurance CRO Speaker: Cobus Fourie, Chief Risk Officer, AIG Middle East & Africa, Dubai Session 2 – DEWS - a catalyst for change to existing EOS regimes in the GCC Speaker: Claudia Maldonado, Principal, Mercer, Dubai Session 3 – A customer-level value framework for banks Speaker: Ernest Louw, Head of Banking Practice, Lux Actuaries & Consultants, Abu Dhabi Session 4 – Do actuaries need to reinvent themselves in a post-COVID19- world? Speaker: Colin Dutkiewicz, Global Head of Life, Aon Reinsurance Solutions, London Event supported and hosted by Financial Academy, Saudi Arabia |
2019/2020
| Date | Event | Topics and Speakers |
|---|---|---|
| 20 Novemer 2019 | GAS Event |
Welcome and Regional Updates by Raghav Ohri, Secretary, GAS Speakers included: Session 1 - Behavioral Drivers of Experience Results Session 2 - How Innovative Ideas are challenging Traditional Regulations Session 3 - IFRS-17: A Technical Deep Dive Session 4 - Addressing Ethical Issues while creating a High-Performance Team Culture Event sponsored by Lux Actuaries & Consultants |
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 Session 2 - An introduction to reinsurance optimisation for non-life insurance Session 3 - IFRS 17 - Proving PAA eligibility for non-life insurers Presentation of Quality Assurance Scheme Award by Paul Sweeting, IFoA Council Member, to Mamata Pandey, Lux Actuaries & Consultants Session 4 - Professionalism session 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: |
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. Session 2 - Draft Regulations Regarding Life Insurance in the UAE – Challenges and opportunities for Insurers. Session 3 – UAE Actuarial Regulations. |
| 14 November 2016 | Fifth member event |
Welcome by Shivah Bhagaloo, Chairperson, GAS Session 1 - Session 2 - Challenges and Opportunities in the Life Insurance Industry; A reinsurer’s perspective Session 3 - Parametric Insurance and Perspectives in the Region Session 4 - Solvency Regulation in the UAE: A Benchmark and Impact Study Event sponsored by 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:
|
| 23 November 2015 |
Third member event
|
Presentations by:
The event was sponsored by Milliman and AMBest:
|
| 11 May 2015 | IFoA Presidential visit to Dubai |
Presentations by:
|
| 23 November 2014 | Launch of the Gulf Actuarial Society |
Presentations by:
|
Contact Details
For information regarding regional societies, please contact our team
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Events calendar
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Insurers’ hidden risk from reinsurance recaptures; the perspective of UK annuity writers
29 June 2022There is a lack of publicly available information covering the practices insurers employ to manage their exposure to reinsurance recapture risk. A working party was set-up to shed light on the different approaches insurers use to mitigate this complicated to manage risk. This report is intended to form part of a publicly available information repository that market practitioners can refer to and reflect on as best practice evolves and develops.
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Climate Solvency The Actuaries Carbon Collaboration: Applying Actuarial Concepts to Carbon Emissions
6 July 2022The Actuaries’ Carbon Collaboration (ACC) is a group of actuaries and other professionals working towards a coherent understanding of the issues around greenhouse gas (GHG) emissions by considering them in an actuarial context.
Emissions into and absorption from the atmosphere can be modelled in the same way that we model variable cash flows, including the impacts of uncertain quantities and timing. The ACC’s work investigates both the insights that this analogy provides and its limitations.
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Sessional Meeting: Data and Modelling Considerations for mental health in life insurance
11 July 2022This talk presents the work of the Data and Modelling workstream of the IFoA Mental Health Working Party. We explore data and modelling considerations in the risk assessment and underwriting of mental health conditions. We will also consider how newer risk factors and improved data availability might open up opportunities for additional underwriting and product designs.
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Pensions Dashboards
12 July 2022As the industry prepares for Pensions Dashboards, we have lined up a specialist panel who is at the heart of the ongoing work in this area. Hear the latest developments, future proposals and have the opportunity to put forward your questions to our speakers.
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Applying AI – From Concept to Practice
19 July 2022Artificial Intelligence is heralded as a game-changer to the ways industries use data, with the insurance industry especially looking to embrace these new technologies. This brings many questions – not least around data privacy, ethics, potential biases and so on – with regulators increasingly interested in developments.
Moreover, whilst the stunning progress of specific technologies such as Watson and Alphazero made headlines some years ago, current commercial applications of AI remain far from mature.
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This webinar will cover:
• Some background on the risks of misselling in an ESG context, including the DWS case
• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
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This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.
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Sessional Meeting: Covid-19 and the Effectiveness of ERM Frameworks
Online15 August 2022The purpose of this research paper is to explore enterprise risk management lessons which can be learnt from the Covid-19 pandemic in preparation for potential future pandemics as well as other “gray rhino” or “black swan” events. This paper is not intended to be an all-encompassing solution to the issues presented by Covid-19; rather, the content has been provided to help drive discussions regarding how risk management processes may need to evolve in line with the dynamic nature of the underlying risks that they sometimes need to capture.
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The IFoA's Infrastructure Working Party, led by Chris Lewin, will present its new introductory guide to infrastructure investment, which will be published on the IFoA web-site prior to the webinar. Those readers whose institutions have already taken the plunge into infrastructure will know that it is a highly complex and diverse field of activity. This guide does not explore all the matters which investors take into account, but it does discuss many of the more important points, including the risks and past returns, benchmarking, and ESG and SDG considerations. Attendees will be invi
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Health – Our Greatest Asset
2 November 2022Health contributes to happiness at the personal, family, community and societal level. Health, importantly underpins all our economic security. This talk will explore the drivers of our health, the measurement of health and the steps we can take to improve health – most of which lie outside the NHS.