Wed 24 Jul 2024, 09:05 - Join us for the 2-day Asia Conference 2024 in Guangzhou, China, and online. Jiong Du, Conference Chair and Head of Business Acceptance and Chief Pricing Actuary for Asia Pacific at SCOR Global Life, sets out to make the conference ‘stand out among events across the region’ by ‘stimulating discussions beyond various product/capital/accounting technical lens.’
This year’s theme is ‘Tomorrow’s actuarial science: emerging trends and technologies’. Our established format provides a strong platform for knowledge exchange and networking within the actuarial and related industries.
| Activity | Time | Details |
|---|---|---|
| Keynote speaker | 09:05 - 09:35 | |
| Plenary 1 | 09:35 - 10:35 | Navigating the complicated global macro-economic environment Read more |
Speakers
Language: English | ||
| Plenary 2 | 11:05 - 12:05 | Capitalising with alternative risk solutions via structured reinsurance and capital market solutions Read more |
Language: English | ||
| Workshop A1 | 13:15 - 14:00 | The par business playbook: China’s low-interest response and UK’s wind down journey Read more |
China’s recent monetary policy easing, marked by a cut in loan interest rates and a reduction in the deposit reserve ratio, has led to a market yield that is at a historic two-decade low. With a negative duration gap, insurers are now facing the challenges posed by a low-interest-rate environment. Participating (par) products have surfaced as a viable strategy to combat these challenges. But managing par products is not without its hurdles, encompassing areas such as product design, pricing, asset-liability management (ALM), actuarial modelling, PRE management, and communication. Speakers:
Language: English | ||
| Plenary 3 | 14:15 - 15:15 | How is AI reshaping the industry and changing the way we work? Read more |
AI is redefining actuarial science, enhancing risk assessment, personalising customer interactions and product offering, and refining investment strategies. AI’s advanced analytics offer unprecedented precision in risk profiling and pricing, transforming insurance products and services. This panel explores how AI integrates sophisticated data sources to innovate risk management, streamline operations through automation, and adapt investment decisions by predicting market trends. The session also addresses regulatory and ethical considerations for a robust usage of AI. Join to discuss how actuaries can harness AI to elevate accuracy, efficiency, and innovation in the insurance and investment sectors. Speakers:
Language: English | ||
| IFoA Annual General Meeting 2024 | 16:45 - 18:00 | Read more |
The IFoA’s AGM for 2024 will be delivered in-person from the IFoA Asia Conference. Members can also join in London and online. The AGM is for members only and is free to attend but you must book your place. Members can choose if they wish to attend when booking for the conference. | ||
| Activity | Time | Details |
|---|---|---|
| Keynote speaker | 09:10 - 09:30 | |
| Plenary 4 | 09:30 - 10:30 | ESG panel: best practice considerations for actuaries Read more |
ESG is no longer a theoretical concept. It encapsulates a wide range of aspects that actuaries should already be factoring into their work. Through an engaging panel discussion and Q&A, touching on the full spectrum of actuarial specialisms and focus areas, this session explores how our experts are factoring ESG into their daily work. For health, learn how social aspects can be factored into pricing and products. Speakers:
Language: English | ||
| Plenary 5 | 11:00 - 12:00 | Evolution of critical illness insurance: an experience-based journey Read more |
Speakers:
Language: English | ||
| Workshop C1 | 12:15 - 13:00 | Building blocks for the best practice retirement solution Read more |
Speakers:
Language: English | ||
| Plenary 6 | 14:15 - 15:15 | Navigating the uncertainties: how (re)insurers can better manage the emerging risks most relevant to their businesses Read more |
In today’s rapidly changing world, (re)insurers face a multitude of emerging risks that have the potential to significantly impact their operations and strategic decision-making. This interactive presentation aims to provide a comprehensive overview of emerging risks and their implications for (re)insurers and professionals in related fields. Through a combination of industry insights, research findings, and practical examples, join the session to gain a deeper understanding of the key attributes of emerging risks, their taxonomy, and the methodologies used to measure their impact. The presentation also highlights the latest global emerging risks identified by the World Economic Forum and Marsh McLennan Global Risks Report. Speakers:
Language: English | ||
| Workshop D1 | 15:30 - 16:15 | How do we manage and govern the use of AI effectively? A critical examination of the issues and challenges (including biases) faced by actuaries and practical recommendations for navigating the evolving landscape of actuarial practice in the era of AI Read more |
Speakers:
Language: English | ||
| Plenary 7: professional skills | 16:45 - 17:45 | Professionalism |
| Online conference: member | £215 |
| Online conference: non-member | £245 |