14th Global Conference of Actuaries

14th Global Conference of Actuaries

Event Start Date Event End Date Venue
Hotel Renaissance
Event Details and Resources
Plenary Sessions

Day 1: 20th Feb, 2012

Session 3: (1330 – 1530)

Plenary Session 1 – Enterprise wide Risks

Chairperson: Brad Smith, President – Society of Actuaries (US)

  1. Caroline Bennet, Practice Leader - Deloitte Australia (Australia)
    Global ERM in Insurance

  2. Peter von Richthofen, Head of Insurance Solutions, Asia Pacific - Bank of America Merrill Lynch (Hong Kong)
    Trends in Insurance Solvency Requirement and ALM – End of the Credit Spread Free Lunch?

  3. Grace Wong, Head of Life & Health Actuarial Control and Director (Risk Management) - Swiss Re (Switzerland)
    Enterprise Risk Management

  4. Gavin Maistry, Chief Actuary - Munich Re Asia (Singapore)
    The Complexity of ERM

  5. Peter Haslebacher, COO - iWorks Asia Pacific – Sungard (Hong Kong)
    Enterprise Risk Management: Can Automation Reduce Operational Risk

Session 4: (1530 – 1700)

Plenary Session 2 – India: Global Destination for Service Delivery

Chairperson: Parag Saigaonkar, Regional Managing Director - Deloitte Consulting India (India)

  1. Sameer Dewan, SVP & Business Leader (Insurance Vertical) - Genpact (India)
    India: Outsourcing Destination of Choice

  2. Debashish Banerjee, Practice Lead - Actuarial, Risk and Analytics, Deloitte Consulting LLP (India)
    Evolution of Actuarial /Insurance Analytics Outsourcing

  3. Alok Kumar, Senior Vice President & Head Risk Management – Swiss Re Shared Services (India)
    Emerging themes and New areas of Interest

Session 5: (1715 – 1845)

Plenary Session 3 (Round Table) – Educating Actuaries for Business Leadership

Chairperson: Sachin Sondhi, Strategy & Operations Consulting Practice Leader – Deloitte Touche Tohmatsu (India)

  1. Colin OHare, Actuarial Science and Risk Management Program Director - Queens University Management School (UK)

  2. Patricia Teufel, President - Casualty Actuarial Society (US)

  3. Steven Haberman, Professor of Actuarial Science, Director and Deputy Dean Cass Business School - City University (UK)

  4. Ronnie Bowie, Immediate Past President – Institute and Faculty of Actuaries (UK)

Day 2: 21st Feb, 2012

Session 9: (1400 – 1530)

Plenary Session 4 – Insurance Markets: Reinsurance Solutions

Chairperson: John Poole, Advisor to Board - Max New York Life Insurance Co. Ltd. (Australia)

  1. Madhu Sridharan, Research & Development Actuary - Munich Re (Singapore)
    Reinsurance: Tool for Capital Management

  2. Paul Sauvé, Senior Vice President, Global Financial Solutions – RGA (Germany)
    IPO’s Relevance to Enhancing Embedded Value

  3. Chantal Blackie, Chief Business Development Officer – Hannover Life Re (Bermuda)
    Financial Reinsurance: Experiences and Lessons

  4. Torben Thomsen, Chief Pricing Officer (Life and Health) – Swiss Re (UK)
    Insurance linked Securities as Capital Management Solutions
Concurrent Sessions: 21st Feb, 2012 (0845 – 1300)
C1: Concurrent Sessions on Health Care Insurance

C1.1: (0845 – 1000) - Critical Illness. How Dreadful?

Chairperson: J. Meenakumari, HoD (Health, Actuarial and HRD) - IRDA (India)

  1. Dr. Wolfgang Droste, Chief Executive - Gen Re Asia Pacific (Hong Kong)
    Highlights from the latest 2004 - 2008 Dread Disease Survey

  2. M. Karunanidhi, Director (Actuarial Services) - RGA Services India Pvt. Ltd. (India)
    Critical Illness - Product Variations


C1.2: (1015 – 1130) - Life within Hospitals. How Painful?

Chairperson: Sanjay Datta, Head, Underwriting & Claims - ICICI Lombard General Insurance (India)

  1. Torben Thomsen, Chief Pricing Officer (Life and Health) – Swiss Re (UK)
    Medical Insurance Perspectives

  2. Herbert Meister, Chief Actuary - Munich Re (Singapore)
    Trends and Drivers of Hospitalization Costs in Asia

  3. Andres Webersinke, Head of International Life/Health Research & Development - Gen Re (Germany)
    Access to Health Insurance – Who decides?


C1.3: (1130 - 1300) - Round Table

Current trends and Future projections for Health Insurance in India

Chairperson: Richard Kipp, Consulting Actuary - Milliman (US)

  1. Sanjay Datta, Head of Underwriting & Claims - ICICI Lombard General Insurance (India)

  2. Dr. Nayan Shah, MD - Paramount Health Services (India)

  3. Jagbir Sodhi, Senior Medical Insurance Actuary - Swiss Re (UK)

C2: Concurrent Sessions on Pensions, Employee Benefits & Social Security

C2.1: (0845 – 1015) – Round Table

Financial Challenges in Old Age: Roles and Responsibilities of Stakeholders

Chairperson: Gautam Bhardwaj, Director - Invest India Micro Pension Services Pvt. Ltd. (India)

  1. Ronnie Bowie, Immediate Past President – Institute and Faculty of Actuaries (UK)

  2. Phil Wadsworth, Executive Director & Chief Actuary – Jardine Lloyd Thompson (UK)

  3. Kulin Patel, Director, Client Management – Towers Watson (India)


C2.2: (1030 – 1115) - Employee Benefits - Challenges and Risks

Chairperson: Sundeep Raichura, Chaiperson – The Actuarial Society of Kenya (Kenya)

  1. Ramani SG Venkatramani, Special Adviser - Promontory Financial Group (Australia)
    Actuarial Challenges in DC schemes: An Australian Stock-take

  2. Kulin Patel, Director, Client Management – Towers Watson (India)
    Accounting for and Measuring Employee Benefit Risks in India


C2.3: (1120 – 1210) - Measuring Approaches: Security and Quality

Chairperson: Jagadish Salunkhe, Mercer Consulting (India)

  1. Lance Burma, Principal - Milliman (US)
    Pension Funding Index

  2. Martin Elcoate, Director of Operations – Jardine Lloyd Thompson (UK)
    Quality - A Culture, Not a Checklist


C2.4: (1215 – 1300) - The Future of Pensions

Chairperson: K. Sriram, Appointed Actuary - Max Bupa Health Insurance Co. Ltd. (India)

  1. Michael Winkler, Head Financial Solutions Life – New Re (Switzerland)
    Variable Annuities and the Pensions Opportunity in India
  2. Ian Rogers, Scheme Actuary – Aon Hewitt (UK)
    Trends in Global Benefit Governance

C3: Concurrent Sessions on Life Insurance

C3.1: (0845 – 1000) - Aspects of Risk in Life

Chairperson: Avijit Chatterjee, Appointed Actuary – ICICI Prudential Life Insurance (India)

  1. Pradip Tapadar, Lecturer in Actuarial Science – Kent University (UK)
    Genetic Testing, Insurance Underwriting and Adverse Selection

  2. Eric Yau, Consultant – Barrie and Hibbert (Hong Kong)
    Calibration of Economic Scenario Generators


C3.2: (1015 – 1130) - Regulatory control over Pricing and Product Design in Life Insurance

Chairperson: Anil Singh, Appointed Actuary – Bajaj Allianz Life Insurance Co. Ltd. (India)

  1. Gary Comerford, Chief Marketing Officer – RGA Inc. (Canada)
    Regulatory control over Pricing and Product Design in Life Insurance – A Study in different Jurisdictions across Major Economies

C3.3: (1130 - 1300) - Round Table

Marketing and Selling Life Insurance Products – A Global Challenge

Chairperson: Ramnath Balasubramanian, Partner – McKinsey & Co. (India)

  1. Andrew Cartwright, Appointed Actuary – Kotak Life Insurance Co. Ltd. (India)

  2. M. Suresh, CEO – Tata AIG Life Insurance Co. Ltd. (India)

  3. Dr. P. Nandagopal, CEO – IndiaFirst Life Insurance Co. Ltd. (India)

  4. Richard Holloway, MD, South-east Asia & India Life – Milliman (Thailand)

C4: Concurrent Sessions on General Insurance

C4.1: (0845 – 1030) – Round Table

Anatomy of Failure of General Insurers: Lessons from HIH Australia and Other Failures

Chairperson: Patricia Teufel, President - Casualty Actuarial Society (US)

  1. Mike Fowlds, Director (Risk and Actuarial Management) - Swiss Re (Hong Kong)

  2. Hemant Kaul, CEO - Bajaj Allianz General Insurance Co. Ltd. (India)

  3. R. Chandrasekaran, Secretary General - General Insurance Council (India)

  4. Bhargav Dasgupta, CEO - ICICI Lombard General Insurance Co. Ltd. (India)

  5. Vikas Newatia, Director & Practice Leader (General Insurance) - Towers Watson (India)


C4.2: (1045 – 1215) – Global Advances

Chairperson: Ron Kozlowski, Director & Head of General Insurance Consulting, Towers Watson Asia Pacific (Hong Kong)

  1. Peter Lee, Director - Towers Watson (UK)
    Global Advances in Pricing

  2. Debarshi Chatterjee, Head of Actuarial Services - Crisil Global Research & Analytics (India)
    Global Advances in Reserving


C4.3: (1215 – 1300) - Natural Catastrophes

Chairperson: R. R. Belle, CEO - SBI General Insurance Co. Ltd. (India)

  1. Jyoti Majumdar, Vice President (Property & Specialty) - Swiss Re (India)
    Natural Catastrophes - Lessons for the Indian Market from 2011 Global Experience

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