ABOUT THE SEMINAR OBJECTIVE Jointly organized by the Actuaries Institute Australia, Institute & Faculty of Actuaries, and Society of Actuaries with the support of local actuarial bodies, this Joint Regional Seminar (JRS) is designed to assist actuaries and other professionals in meeting CPD requirements. WHEN / WHERE? THE SEMINAR This year s JRS will share with our delegates a series of technical and actuarially related topics with a theme centered on product development - Back to the Basics - Evolving Technical Matters. In product development, areas like asset and liability risk management, product pricing and product designs are key to success. As an actuary, we are facing more and more macro and micro trends and changes that put much higher technical demand and expectation on product actuaries. The coming of the new solvency framework, aging population, persistently low interest rate environment, the ever-tightening regulation, emphasis on Value for Money and transparencies for consumers, and the impact of IFRS; all these have been talked about and discussed. This JRS would like to bring our audience to focus on the core actuarial technical applications required to adapt and fit one or more of the emerging trends and changes. This will be a seminar that all levels of actuaries could benefit. CPD DoubleTree by Hilton Hotel Kuala 348 Jalan Tun Razak The Intermark 50400 Kuala The Joint Regional Seminar qualifies for (Actuaries Institute Australia/ IFoA/ SOA) Continuing Professional Development (CPD). Actuarial members may find it a useful contribution to their personal professional development. A maximum of 9.5 CPD hours* can be claimed. The amount of hours recorded is left to the discretion of the individual. * 1 CPD hour = 60 minutes
Kuala PROGRAM 3 August 2016 (Day 1) 0830 0900 Registration 0900 0910 Welcome Remarks Yeoh Eng Hun, Vice President of Actuarial Society of Malaysia 0910 0955 Savings and Retirement Products with Guarantees: How to get a Better Return with Lower Risks? Clement Bonnet, Milliman 0955 1040 Product Development Challenges and Real-life Solutions in an Environment of Low Interest Rates and Regulatory Change Dr. Bruce Porteous, Standard Life 1040 1100 Morning Coffee Break 1100 1145 (Re)Learning the Basics: Creativity for Actuaries Chan Tze Leong, AmMetLife Insurance 1145 1230 Low/Negative Yields and the Impact for Insurers Will Halley, Moody s Analytics 1230 1340 Lunch 1340 1425 Understanding the Tail of the Risk in Insurance Products - How this Affects Product Design, Capital Allocation, Reinsurance Programs, Profit Margins, etc. Greg Solomon, Willis Towers Watson 1425 1510 Data-driven Pricing in Life and Health Insurance Phil Joubert, EY 1510 1530 Afternoon Tea Break 1530 1615 AEC: Expanding Risks in the Era of the Asean Economic Community Hassan Odierno, Actuarial Partners Consulting 1615 1700 Challenging Times Demand Strong Capital Management Mark Lim, Willis Towers Watson
PROGRAM Kuala 4 August 2016 (Day 2) 0830 0900 Registration 0900 1005 How to Use Reinsurance in Managing Product Development, Pricing, Capital and Risk Management Panel Facilitator: Kin Chung Chan, Joint Regional Seminar Organising Committee Panelists: Jessica Sum, Marc Sofer, RGA, Jiong Du, SCOR Re and Joey Zhou, Swiss Re 1005 1020 Morning Coffee Break 1020 1210 Workshop: Case Study Briefing Chief Actuary to provide a solution to improve capital efficiency Pricing of a cancer product with saving component Development of a reinsurance program based on the Board's new Risk Management framework 1210 1225 Summary of Results 1225 1230 Closing Remarks Kin Chung Chan, Joint Regional Seminar Organising Committee 1230 1400 Lunch
REGISTRATION Sign up online at: Kuala http://actuaries.org.my/joint-regional-seminar-2016/ Deadline for registration: 26 July 2016 Registration and Payment Method RM 600 per person for early bird (before 18 July 2016) RM 650 per person thereafter By Cheque Made payable to: Actuarial Society of Malaysia Mail to : Wong Li Kuan - Tokio Marine Insurans (Malaysia) Berhad 30th Floor, Menara Dion, 27 Jalan Sultan Ismail, 50250 Kuala, Malaysia By Bank Transfer Name: Actuarial Society of Malaysia Bank: Malayan Banking Berhad Account No.: 514011146845 Email the transfer slip to secretary@actuaries.org.my Corporate Room Rates Superior (Single): RM396 nett per room per night inclusive of usage of in-room internet and one daily buffet breakfast Kindly book your room(s) through the hotel reservation form attached and submit it accordingly as stated. Cancellation Policy Cancellations should be made by contacting secretary@actuaries.org.my, and also confirmed in writing. No refunds will be made for cancellations after 26 July 2016. The Society reserves the right to cancel the seminar if conditions warrant. Organized by: Institute and Faculty of Actuaries Actuaries Institute Australia Society of Actuaries Co-Sponsored with: Actuarial Society of Malaysia Venue : DoubleTree by Hilton Hotel Kuala, 348 Jalan Tun Razak, The Intermark, 50400 Kuala