This session, now in its fifth year, is aimed at senior actuaries working in life insurance - predominantly Chief Actuaries, but also Reviewing Actuaries and others working in risk and financial reporting.
The session is intended to give participants a briefing on current and upcoming considerations for year end reporting and we are aiming to make it as interactive as possible in order to maximise sharing of perspectives and ideas across the group.
This event is intended for:
- Chief Actuaries
- Reviewing Actuaries
- Senior actuaries either working for life offices or consultancies that are involved in year-end valuations and capital modelling.
It will also be of interest to senior people outside of these work streams that want to get an update of what current issues are in this area such as FDs, CEOs and senior management.
“The ORSA has helped insurers achieve an integrated risk management system, but that doesn’t mean we can rest on our laurels – there are new challenges for us to deal with, such as cyber and technology-related risks.”
Emma McWilliam, Hymans Robertson – Chair on the Risk Appetite Panel Discussion
“Generating high returns on capital in a capital intensive business….is this possible?”
Johnny Vo, Global Investment Research, Goldman Sachs
|09:00 - 09:30||Registration|
|09:30 - 09:40||
|09:40 - 10:20||
Business transfers and part 7s
|10:20 - 11:00||
Highlights of the Mortality and Longevity Seminar 2018
|11:00 - 11:20||
Refreshments (20 minutes)
|11:20 - 12:00||
Financial Engineering – is the long term cost too high?
|12:00 - 12:40||
Regulatory Update: Proposals for an enhanced system to promote the quality of actuarial work IFoA Regulation Team
|12:50 - 13:40||Lunch (50 minutes)|
|13:40 - 14:25||
Economic outlook session
Alongside this, market dynamics continue to evolve, with significant regulatory change still in the offing in the form of risk-free rate reform, bank ring-fencing and potential changes to the post-Brexit solvency regime. NWM’s Insurance Solutions team will conclude by looking at ways in which Ross’s projections might combine be mitigated or compounded by the effect of regulatory change, and consider how life insurers might find themselves impacted over the short- and medium-term.
|14:25 - 15:15||State of the Nation on Risk Management, Risk Appetite and Emerging Trends – Panel Discussion
Panel Chair: Emma McWilliam, Hymans Robertson
Speakers: Roshan Lachman, Phoenix
|15:15 - 15:35||Refreshments (20 minutes)|
|15:35 - 16:15||
The implications of climate change for Chief Actuaries
|16:15 - 16:55||
Panel session: Convergence of Solvency II, are we there yet?
Panel Chair: Rob Merry, HSBC
Speakers: Andrew James, PwC
|16:55 - 17:00||Close|
Staple Inn Hall
Nearest Public Transport
Chancery Lane Tube Station