About this event
The Institute and Faculty of Actuaries will hold its fifth annual Asia Conference in Chengdu, China on 9-10 May 2019.
There will be a prestigious line-up of home and international speakers discussing the insurance and financial industry’s innovation and change in Asia. The conference will consist of plenary speaking sessions and a series of breakout sessions including Life, GI, Risk Management, Investment and Pensions.
This will be the perfect opportunity for you to discover, discuss and be at the forefront of current and developing actuarial/financial topics and trends in Asia, whilst discussing the future of your sectors with like-minded professionals from around the globe.
- Social Wed, 08/05/2019 - 18:00 - 20:00 Pre conference drinks reception
- Registration Thu, 09/05/2019 - 08:00 - 08:50 Registration
- Plenary session Thu, 09/05/2019 - 08:50 - 09:00 Chair’s Welcome
- Plenary session Thu, 09/05/2019 - 09:00 - 09:10 Welcome from Conference sponsor
- Plenary session Thu, 09/05/2019 - 09:10 - 09:15 Welcome from Local Actuarial Society
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Mr Deyun Cao, The Executive Deputy President and Secretary General, the Insurance Asset Management Association of China (IAMAC)
- Plenary session Thu, 09/05/2019 - 09:15 - 10:15 Plenary 1: Asset risks of insurers in China from a look-through perspective under C-ROSS Phase II
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Dr. Yulong Zhao – China Banking and Insurance Regulatory Commission
- Refreshments Thu, 09/05/2019 - 10:15 - 10:45 Morning refreshments
- Workshop Thu, 09/05/2019 - 10:45 - 11:35 Workshop A
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A1: G&I – Evolving risks in a ‘New Normal’ Era: Catastrophe, Cyber Risk and New Unknown in Asia (presented in Chinese)
Speakers: Xiao Xuan Li - China Re, YiFan Fu - Aon Benfield China and Chiew Yee Ng - KPMG
A2: Pensions & Investment – Emerging opportunities for insurers – pushing the boundaries
Speaker: Simon Richards - Insight Investment
A3: Life & Health - A comparison of a few Aging Policies - searching for opportunities for insurers
Speaker: Joey Zhou - RGA
A4: Life & Health - Impact of emerging tech and digital ecosystems on the insurance value chain
Speaker: Jianshu Weng, Swiss Re
A5: Risk – Capital Management under Evolving Solvency Regime in Asia Pacific
Speakers: Christine Wang and Anne Pan - Deloitte
- Transfer time Thu, 09/05/2019 - 11:35 - 11:40 Transfer to next session
- Workshop Thu, 09/05/2019 - 11:40 - 12:30 Workshop B
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B1: G&I – Enhance pricing capability in a motor deregulation market
Speaker: Yao Ji - EY
B2: Pensions & Investment – Philosophy and Practice: Pension Investment in China (to be presented in Chinese)
Speaker: Ke Zheng, Harvest Fund Management
B3: Life & Health - The Innovation and Exploration of Mutual Insurance in China (presented in Chinese)
Speaker: Zhuo Zeng - Trust Life Mutual
B4: Risk – When customers know more about own genetic profile: a threat or opportunity?
Speaker: David Lu - Swiss Re
B5: Other - Robotic Process Automation: modernising actuarial processes using technology
Speaker: Florent Mirville and Justin Hui - KPMG
- Refreshments Thu, 09/05/2019 - 12:30 - 13:30 Lunch
- Transfer time Thu, 09/05/2019 - 13:30 - 13:40 Transfer to next session
- Plenary session Thu, 09/05/2019 - 13:40 - 14:40 Plenary 2: Can incentive really change physical activity
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Can incentive really change physical activity
RAND recently published the largest study of its kind on the design of incentives to increase physical activity using verifiable data. The results indicated that incentives can lead to increased and sustained activity, with a more pronounced behaviour change in more unhealthy individuals.
In this presentation we will review the aims and results of the study, and discuss the impact of the design of programs aimed at reducing healthcare and mortality costs over time. This has significant implications for health and life insurers and this will be further elaborated in the context of Discovery’s Joint-Venture with Ping An Health Insurance
Speaker: Alain Peddle, PingAn Health
- Transfer time Thu, 09/05/2019 - 14:40 - 14:45 Transfer to next session
- Workshop Thu, 09/05/2019 - 14:45 - 15:35 Workshop C
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C1: G&I – GI in the age of IFRS
Speaker: Rebecca Lin – Aon Benfield
C2: Pensions & Investment – Penetrating the next decade of wealth management industry
Speaker: Yang Yu - Redington Ltd and Muqiu Liu - YuYuan Technology
C3: Life & Health - IFRS17 Yield Curve and the Impact (presented in Chinese)
Speaker: Jiajia Cui - Moody's Analytics
C4: Risk – The days after Typhoon Hato and Mangkhut (to be presented in Chinese)
Speaker: Xiaodong Yu - Taiping Reinsurance Company Limited
C5: Other - Machine Learning Actuaries
Speaker: Louis Rossouw – Gen Re
- Refreshments Thu, 09/05/2019 - 15:35 - 16:05 Afternoon refreshments
- Transfer time Thu, 09/05/2019 - 16:05 - 16:15 Transfer to next session
- Plenary session Thu, 09/05/2019 - 16:15 - 17:15 Plenary 3: Professional Skills Training
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Speakers: Tan Suee Chieh and Dr. David Hare – IFoA
- Other Thu, 09/05/2019 - 17:15 - 18:30 Delegate free time
- Networking Thu, 09/05/2019 - 18:30 - 21:30 Dinner
- Registration Fri, 10/05/2019 - 08:15 - 09:00 Registration (for those who didn’t register on Thursday)
- Transfer time Fri, 10/05/2019 - 09:00 - 09:05 Transfer to next session
- Plenary session Fri, 10/05/2019 - 09:05 - 10:05 Plenary 4: After a storm comes a calm
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In the face of downward pressure in China's economy, we estimate GDP growth rate is expected to fall to around 6.3% in year 2019. At the backdrop of global economic slowdown, China could outperform and benefit from capital inflows. We reiterate our positive view on RMB assets.
Speaker: Dr. Chao Li - Chief economist of Huatai Securities
- Refreshments Fri, 10/05/2019 - 10:05 - 10:30 Morning refreshments
- Workshop Fri, 10/05/2019 - 10:30 - 11:20 Workshop D
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D1: G&I – Reinsurance – Beyond Treaty and Facultative Solutions
Speaker: Shuzhan Wang – Swiss Re
D2: Pensions & Investment – How the market valuate insurance company & how we catch the investment opportunity?
Speaker: Xinran Zuo - Founder Securities Co. LTD
D3: Life & Health - IFRS 17 - five ways to make it easier/ IFRS 17 Learning from China
Speaker: Jin Peng and Chris Hancorn – PwC
D4: Other - Cancelled
D5: Other - Driving Corporate Value from Strategic Shareholdings
Speaker: Alastair Clarkson - Standard Life Aberdeen plc
- Transfer time Fri, 10/05/2019 - 11:20 - 11:25 Transfer to next session
- Workshop Fri, 10/05/2019 - 11:25 - 12:15 Workshop E
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E1: G&I – The Complete Pricing Actuary
Speaker: Aditya Khanna - RSA Insurance India
E2: Pensions & Investment – How to use Investment to Hedge Solvency Risk
Speaker: Ellen Yang - Deutsch Bank
E3: Life & Health - 理想重疾（Ideal critical illness)
Speaker: Wang Jun and Dr. Yu, Hongjiang - Taiping Reinsurance Company
E4: Other - Actuarial Research Centre: Recent Developments from Its Commissioned Research Programmes
Speaker: Johnny Li, ARC Associate Director (IFoA)
- Refreshments Fri, 10/05/2019 - 12:15 - 13:15 Lunch
- Transfer time Fri, 10/05/2019 - 13:15 - 13:25 Transfer to next session
- Plenary session Fri, 10/05/2019 - 13:25 - 14:25 Plenary 5: 数据中台驱动保险业务数字化升级：Common Data Model Platform: Driving Insurance Digital Transformation to the Next Stage
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Presented in Chinese
Speakers: Heng Wang - Zhong An insurance
- Transfer time Fri, 10/05/2019 - 14:25 - 14:30 Changeover of speakers
- Plenary session Fri, 10/05/2019 - 14:30 - 15:30 Plenary 6: Navigating across Paradigms
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The speaker will explore the competing views of change impacting the insurance and insurance industry today – and its significance to actuaries. How can actuaries thrive in the years and decades ahead, as we are beset by technological and business model disruption, climate change, 100-year lives, globalization and its consequences? A curious and adaptable mindset, a multi-disciplinary approach and the embracing of technology as partners, are proposed for actuaries to enable them to navigate the new paradigms. The speaker will introduce the concept of the dated actuarial “safe and secure box”, and how it would be undermined by data science, machine learning and new business models. Finally, the speaker argued that we can transform our “safe and secure box” to a “springboard for the future” and circumvent and survive the rising sea levels in the world of the Moravec Paradox.
Speaker: Tan Suee Chieh – incoming IFoA President-elect
- Plenary session Fri, 10/05/2019 - 15:30 - 15:45 Chair’s closing remarks
- Social Fri, 10/05/2019 - 15:45 - 16:45 Farewell refreshments
- Other Fri, 10/05/2019 - 16:45 Conference close
THE ASIA CONFERENCE HAS NOW SOLD OUT
Registration fee (not including accommodation)
| IFoA, IAMAC, CAA members, academics and Australian actuarial society members | £506 |
| Non-members | £597 |
| One day tickets | |
| Thursday 9th May, or Friday 10th May | £253 |
The event fee includes all administration, access to speakers' presentations (where available), refreshment breaks, lunch buffet for 2 days, the pre-conference drinks reception on 8 May and the dinner on 9 May.
Please note that delegates are responsible for booking their own accommodation. You can book using this link.
Location
Conference Papers
A1: G&I – Evolving risks in a ‘New Normal’ Era: Catastrophe, Cyber Risk and New Unknown in Asia A2: Pensions & Investment – Emerging opportunities for insurers – pushing the boundaries A4: Life & Health - Impact of emerging tech and digital ecosystems on the insurance value chain A5: Risk – Capital Management under Evolving Solvency Regime in Asia Pacific B3: Life & Health - The Innovation and Exploration of Mutual Insurance in China B4: Risk – When customers know more about own genetic profile: a threat or opportunity? C1: G&I – GI in the age of IFRS C4: Risk – The days after Typhoon Hato and Mangkhut Plenary 5: Common Data Model Platform: Driving Insurance Digital Transformation to the Next Stage B5: Other - Robotic Process Automation: modernising actuarial processes using technologyAddress
Crowne Plaza Chengdu Panda Garden, Poly Park 198, No. 1980 ShuLong Avenue,Xindu District, Chengdu