Back to the Future JAKARTA 1 AUG TAIPEI JUL HONG KONG 27 JUL SYDNEY 3 AUG BANGKOK 6 AUG KUALA LUMPUR JUL. Organized by: Co-sponsored with:

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Back to the Future Challenges and Opportunities in an Increasingly Digital World TAIPEI 25 26 JUL JAKARTA 1 AUG HONG KONG 27 JUL KUALA LUMPUR 30 31 JUL SYDNEY 3 AUG BANGKOK 6 AUG Organized by: Co-sponsored with:

Welcome To The Joint Regional Seminar 2018 OBJECTIVE The Joint Regional Seminar (JRS) is an annual event co-organized by the Institute & Faculty of Actuaries, Actuaries Institute Australia and Society of Actuaries with the support of the local actuarial societies in the region. It is designed to assist actuaries and other professionals in meeting their CPD requirements. The JRS Organising Committee is pleased to be once again hosting the JRS, which will take place on 30-31 July 2018 in Kuala Lumpur. THE SEMINAR Increasing digitisation in the insurance industry is becoming more certain as a trend for where we are heading towards. In reality, we have already seen its impact being felt in areas such as business strategy, marketing philosophy and product offerings. It has driven changes to companies organisational structure and work culture in order to further embrace the challenges and opportunities arising in the new digital world. These changes happening as well as associated challenges are not just impacting corporations, but are very relevant to our Actuarial profession. Like the technology itself, insurers understanding of the impact of digitisation is evolving rapidly. Not long ago we were asking the question Is this important?. Now the question has become What do we do about it?. Hence the theme of this year s JRS is Back to the Future Challenges and Opportunities in an Increasingly Digital World. Some key topics in the Kuala Lumpur JRS are: How Digital is Changing Insurance Asset Management - Now and In the Future (by Aberdeen Standard Investments) Implementing Artificial Intelligence with Big Data for Life and Health Insurers - A Case Study on Digital Intervention Solution (by EY) Role of Technology in Driving Transformation of the Insurance Industry Catalyst, Driver, Incubator? (by Willis Towers Watson) The Impact of Digitalisation on Critical Illness Business - with Insight from Gen Re's Dread Disease Survey (by GenRe) Transforming Insurance to the New Technological Age (by SCOR) CPD The Joint Regional Seminar qualifies for (Actuaries Institute Australia / IFoA / SOA / ASM) Continuing Professional Development (CPD). Actuarial members may find it a useful contribution to their personal professional development. A maximum of 8.3 CPD hours* can be claimed from the Kuala Lumpur JRS. The amount of hours recorded is left to the discretion of the individual. * 1 CPD hour = 60 minutes

KL ark el rm t e a Ho Int ysi on he ala t l T Hi k, r, M 8 by aza mpu 201 ee n R Lu ly r T u le Tu ala 1 J b u lan Ku -3 o D Ja 0 30 0 8 4 34 50 Theme: Back to the Future Challenges and Opportunities in an Increasingly Digital World 30 July 2018 (Day One) MC : Sophia Ch ng 0830-0900 Registration 0900-0910 Welcome Remarks Representative, Actuarial Society of Malaysia 0910-1000 How Digital is Changing Insurance Asset Management - Now and in the Future Dr Bruce T Porteous, Aberdeen Standard Investments 1000-1020 Morning Coffee Break 1020-1110 Role of Technology in Driving Transformation of the Insurance Industry Catalyst, Driver, Incubator? Mei-Chee Shum, Willis Towers Watson 1110-1200 The Rise of the Robo-Actuary: Use of Robotics in Actuarial Processes Mehul Dave and Graham Robertson, Deloitte 1200-1320 Lunch 1320-1410 The Impact of Digitalisation on Critical Illness Business - with Insight from Gen Re's Dread Disease Survey Steven Tan, Gen Re Life/Health Asia 1410-1500 Transforming Insurance to the New Technological Age Clement Fung, SCOR Global Life 1500-1520 Afternoon Coffee Break 1520-1610 Implementing Artificial Intelligence with Big Data for Life and Health Insurers - A Case Study on Digital Intervention Solution James Lin and Dustin Ball, EY 1610-1700 Technology in Microinsurance: Opportunities and Challenges Brian Colgan, Milliman

KL ark l te erm ia o H Int ys on he ala t l T Hi k, r, M 8 by aza mpu 201 ee n R Lu ly r T u le Tu ala 1 J b u lan Ku -3 o D Ja 0 30 0 8 4 34 50 Theme: Back to the Future Challenges and Opportunities in an Increasingly Digital World 31 July 2018 (Day Two) 0830-0900 Registration 0900-0950 Artificial Intelligence and the Future of Work William Yap, Artificial Intelligence Malaysia 0950-1010 Morning Coffee Break 1010-1100 Challenges in Distribution Nick Li, NMG Consulting 1100-1150 Blockchain and its impact of insurance Raymond Lai, Nicholas Actuarial Solutions 1150-1200 Closing Remarks Representative, Actuarial Society of Malaysia 1200-1400 Lunch 1400 End MC : Sophia Ch ng

Bruce Porteous is an Investment Director at Aberdeen Standard Investments (ASI), the investment business of Standard Life Aberdeen plc (SLA), where he is leading and developing ASI s global insurance solutions proposition and business, increasingly dependent on digital ideas, data and technological innovation. Over his career with Standard Life Aberdeen, he has gained experience in marketing, corporate finance and international business development, especially his early involvement in the development of Standard Life Aberdeen s successful Indian businesses HDFC Life and HDFC AMC. - Dr. Bruce Porteous Investment Director Aberdeen Standard Investments (ASI) He gained banking experience in a retail mortgage bank start-up at Standard Life Aberdeen and has broad risk management and regulatory development experience, especially Basel II and Solvency II, Chairing the Association of British Insurer s Solvency II Committee. At Tillinghast, Bruce also gained experience of global insurance M & A, corporate restructuring and market entry. Bruce graduated from Edinburgh and Cambridge Universities with degrees in Mathematical Statistics, is a UK and Indian actuary and a Council Member of the UK actuarial profession. He has published a highly regarded book on Economic Capital which has been translated into Mandarin and used extensively in the Chinese market. He has carried out computer vision research and is a co-inventor of the popular graph-cut method used in computer vision (https://en.wikipedia.org/wiki/graph_cuts_in_computer_vision). Bruce has witnessed the emerging power of digital, data and technology through his career. Mei-Chee Shum started her career in the UK, where she was an actuarial consultant at Tillinghast Towers Perrin (now forming part of Willis Towers Watson). Mei-Chee relocated to Asia in 2003 and since then has held a number of senior positions across the region, including Chief Actuary for AIA Thailand, Chief Financial Officer for AIA Indonesia, Chief Marketing Officer for AIA Philippines, Group Head of Product Strategy for AIA Group, Chief Financial Officer for Manulife Taiwan, and Chief Executive Officer for Manulife Taiwan. Mei-Chee Shum North Asia Leader, Insurance Consulting and Technology Willis Towers Watson Mei-Chee has hands-on and extensive experience in financial management, capital management, strategic planning, product and proposition development, and risk management. Her roles and responsibilities have included leading large finance functions with complex structures and reporting requirements; management of capital requirements and profit emergence during times of market volatilities and different phases of company growth, development and transformation of product portfolios, and numerous merger and acquisition projects. Mei-Chee has a PhD in mathematics from Macquarie University in Australia and is a Fellow of the Faculty of Actuaries. Mehul is a Director and Actuary based in Deloitte Singapore. He brings over 12 years of experience in insurance delivery and leads the Singapore Centre of Excellence workstream for the Exponential Professional, a unique partnership between Deloitte and the Economic Development Board of Singapore. This Exponential Professional work includes how an actuary will adapt and use the tools of the future, like artificial intelligence, machine learning and robotic process automation. Mehul Dave Director, Deloitte Graham is based in Kuala Lumpur and is a Director and Actuary with over 15 years of insurance experience. Whilst based in London, he spent over 10 years leading finance and actuarial transformation projects for multinational insurance groups. He is applying these skills in the South East Asia insurance market, focussing mainly on IFRS17 and Digital Transformation. Graham Robertson Director, Deloitte

James Lin is a Senior Manager in EY's Asia-Pacific Insurance Advisory Services Group. He has led multiple projects in strategy development, business analytics, investment analytics, risk and capital management with banks and insurance companies in Australia and Asia. James Lin Senior Manager Dustin Ball is a partner and the EY Asia-Pacific Insurance Transactions Leader for Transaction Advisory Services bringing a full range of services to insurance clients of EY firms in Asia. He brings years of experience in strategy development, M&A, market entry, distribution channel transformation, partnerships, joint ventures and portfolio optimization. Dustin Ball Partner Based in Hong Kong, Dustin has been living and working in Asia since 2004. Prior to joining EY, Dustin was the CEO of BIDV MetLife, a joint venture between MetLife and BIDV in Vietnam. He led the formation of the joint venture, licensing and start-up of the company, and then served as CEO until 2016. Before working at BIDV MetLife, Dustin was the Asia-Pacific head of strategic development for several leading multinational insurers, where he was responsible for overseeing mergers and acquisitions in Asia, as well as developing new market-entry strategies. EY Dustin holds a Bachelor of Science in Chemical Engineering from the New Jersey Institute of Technology and an MBA in Finance and International Business from New York University s Leonard N. Stern School of Business. Clement Fung, ASA, is the Deputy Head of Hong Kong at SCOR Global Life. He joined SCOR in 2015 and has insurance experience with various multinational life insurers of over 16 years. He started his career in actuarial pricing and then transformed into a specialist in product development throughout the career term. In his current role, Clement focuses on customized product solutions, client management and business strategy for Hong Kong. Clement Fung Deputy Head of Hong Kong Steven Tan Regional Actuary Gen Re Life/Health Asia Steven Tan, FSA, is Regional Actuary working for Gen Re Life/Health Asia. Steven rejoined Gen Re in June 2018 after previously working for Gen Re China for 8 years. Steven is responsible for various projects, e.g. Dread Disease survey, research, data analytics and experience study, etc. Before rejoining Gen Re, Steven worked for ZhongAn online P&C insurance company, the first online insurance company in China, as the Head of Product for Accident & Health Business for nearly 2 years, where he led to develop some popular online insurance products. In his first term in Gen Re, Steven worked as Actuarial Director for Gen Re China and prior to that, as Pricing Actuary in 2 joint venture life insurers in China for more than 5 years. Such experience helps Steven to accumulate much valuable insight into many insurance areas, like Online Insurance, InsurTech, Product Development, reinsurance and experience study etc.

Brian Colgan is the Head of Life Consulting for Indonesia and Consulting Actuary based in Milliman's Singapore office. Brian's professional experience covers the off-shore international life industry, bancassurance, reinsurance and actuarial education. Brian is a Fellow of The Institute and Faculty of Actuaries and The Society of Actuaries in Ireland. Brian also holds a PhD in mathematical finance and acts as an Assistant Examiner for The Institute and Faculty of Actuaries in addition being an Independent Examiner for accreddited university courses. Brian Colgan Head of Life Consulting for Indonesia, Milliman Singapore William is currently the Chief Data Scientist of Artificial Intelligence Malaysia. He has over a decade of experience in data science and analytics at various industry leaders. As the first data scientist hired by the Malaysia Digital Economy Corporation (MDEC), he was instrumental in driving Malaysia s national Big Data Analytics (BDA) talent and industry developments. William Yap Chief Data Scientist, Artificial Intelligence Malaysia He has led high-impact Artificial Intelligence (AI) projects with other leading international data scientists. He also founded ONz, a sports social network startup, which was adopted by the Malaysian Ministry of Youth and Sports for a nationwide campaign. Being an entrepreneur himself, William is well positioned to mentor other startups and established corporations on digitalisation and data innovations. William graduated from the University of Melbourne with a Bachelor of Commerce, majoring in Actuarial Studies. Nick leads strategy engagements across Asia, specialising in market participation assessment, distribution strategy, corporate partnerships, M&A and innovation. Nick has 10 years of insurance experience in strategy, data science and traditional pricing and reserving work. He is a Fellow of the Institute of Actuaries of Australia and the Singapore Actuarial Society Nick Li Principal, NMG Consulting Raymond is a current Ambassador of SoA, Previously Chief Actuary and Appointed Actuary of BNP Paribas Cardif, Vietnam, Chief Risk Officer, Chief Actuary and Appointed Actuary of UniAsia Life, Certified Blockchain Expert Raymond Lai IDEAS & Innovation Director, Nicholas Actuarial Solutions

UR P M U L LA Registration Form, 018 tel KL 2 UA 31 July ton Ho rmark K l JRS ate: 30- ee by Hi The Inte ysia D letr ak, r, Mala z b a u o R e: D Tun Lumpu u n Ve Jalan uala 348 400 K 50 Sign up online at: http://actuaries.org.my/event-sign-up-joint-regional-seminar-2018/ Deadline for registration: 26 July 2018 Registration and Payment Method Members RM 600 per person for early bird (before 19 July 2018) RM 700 per person thereafter Non-Members: RM700 per person By Bank Transfer Name: Actuarial Society of Malaysia Bank: Malayan Banking Berhad Account No.: 514011146845 Email the transfer slip to secretary@actuaries.org.my 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 20 July 2018. The Society reserves the right to cancel the seminar if conditions warrant. Organized by: Co-Sponsored with: Institute and Faculty of Actuaries Actuaries Institute Australia Society of Actuaries Actuarial Society of Malaysia