16th Global Conference of Actuaries

16th GCA Programme Schedule

16th GCA Photos Photos Pre GCA Dinner 2014 AGFA Day 1 Day 2

Presentations

Plenary Sessions 1, Day 1 - 17th Feb 2014

Inaugural Session  --   Click here for Presentation Chairperson: Dilip Chakraborty - 16th GCA Organizing Group Speakers: Vivek Kuruvila, Head of Life and Health Client Markets, India,  Swiss Re Topic: Setting the scenario M. Karunanidhi,   President – IAI Robert Burr, Head of Life and Health, Asia, Swiss Re Topic: Significant development in International and Indian Insurance and Reinsurance market in 2013 T S Vijayan, Chairman – IRDA Vote of thanks -  K Subrahmanyam, Chair- IAI Advisory Group on Peer, Stakeholder and International Relations

Plenary Sessions 2, Day 1 - 17th Feb 2014

Session A: From IFoA  --    Click here for Presentation Chairperson: K S Gopalakrishnan- MD & CEO of AEGON Religare Life Insurance Company and Vice-President, IAI Speakers: David Hare - President, Institute & Faculty of Actuaries Topic : The Changing Role of the Actuary - Ramping up our Relevance Session B : Panel Discussion on Insurance & Pension Industry: Hot Topics and Current Problems , CEO, Canara HSBC Oriental Bank of Commerce Life Insurance Company India Topic: Greed, Fear, Complacency, Confusion, Remorse and Pride (Ready for a new distribution paradigm) , Partner, M/s K A Pandit Topic: Retirement Benefits , Director & General Manager, United India Insurance Co. Ltd. Topic: Problems in the General Insurance Industry in the current situation  - Chief Pricing Officer, Life and Health, Swiss Re Re-Insurance

Plenary Session P3, Day 2 - 18th Feb 2014

Global and India Development  --    Click here for Presentation Chairperson: Dilip Chakraborty - 16th GCA Organizing Group Speakers: Vivek Jalan - Director, Risk Consulting, Towers Watson, (India) Topic : The Changing Role of the Actuary - Ramping up our Relevance Dr. Achintan Bhattacharya - Director NIBM and Retired Joint Secretary, DFS, Ministry of Finance, Government of India, (India) Topic : Prospects of Indian Economy & Financial Services Industry -Investment & Banking

Plenary Session P4, Day 2 - 18th Feb 2014

Actuaries & Accountant, and Business Strategy  --    Click here for Presentation Chairperson: Richard Holloway - Managing Director – South East Asia and India, Life, Milliman India Private Limited (Singapore) Speakers: M M Chitale - Chairperson, NACAS & Ex President, ICAI, (India) Topic : Need for co-ordination between Actuaries and Chartered Accountants Gary Comerford - Chief Marketing Officer, RGA Services India Pvt. Ltd., (Canada) Topic : Five game changes for Life Insurance Industry

IAI Student Forum, Day 1 - 17th Feb 2014

IAI Student Forum  --    Click here for Presentation Chairperson: G L N Sarma -  Managing Director, Hannover Re Consulting Services India, (India) Speakers: Derek Cribb - CEO, IFoA; (UK) Topic : Certified Actuarial Analyst: A new credential for a changing market Frank McInerney - General Manager, Life/Health, Gen Re, (Singapore) Topic : Communication - Why & How? & Advantages of Communication Sumit Seth - Managing Director, Forum India; (India) Topic : Effective Communication

Concurrent Session

C1: Concurrent Sessions on Health Care Insurance, Day 1 - 17th Feb 2014

C1.1: Current Issue Session  No Presentations Chairperson: Biresh Giri, Appointed Actuary, Max Bupa Health Insurance Co Ltd, (India) Speakers: 1.Herbert Meister, Chief Actuary, Asia Pacific, Munich Health (Singapore) 2.Alam Singh, Independent Consultant, (India) 3.Shreeraj Deshpande, Head – Health Insurance Future Generali India Insurance Company Ltd. (India) C1.2:  Click here for Presentation Chairperson: Akshay Pandit - Partner, M/S K A Pandit (India) Speakers: 1.Marianne Gilchrist, Head of Health Solutions, Reinsurance Client Markets, Swiss Re, (South Korea) Topic : Health Products and Solutions in Asia 2.Winnie Ching, Senior Client Manager, Health Solutions, Asia, Swiss Re, (Singapore) Topic : Risk Management in a guaranteed issue world

C2: Concurrent Sessions on Pension, Employee Benefits & Social Security, Day 1 - 17th Feb 2014

C2.1:Panel Discussion Click here for Presentation Topic: Current Issues on Pension Chairperson: A D Gupta, Consulting Actuary, Charan Gupta Consultants Pvt. Ltd., (India) Speakers: 1.Anuradha Sriram, Head - Employee Benefit Consulting, Towers Watson (India) 2.Saket Singhal, Consulting Appointed Actuary at Tata AIG General, (India) 3.K Subrahmanyam, Consultant Actuary, KN Actuaries & Consultants, (India) C2.2: Click here for Presentation Chairperson: D K Pandit -Partner, M/s K A Pandit, (India) Speakers: 1.Dr. K Sriram, Consulting Actuary, K Sriram Actuary, (India) Topic - Developing Investment Strategies For Funded Employee Benefit Plans- Role Of Actuaries C2.3: Scope of Pension Fund Valuation of Long Term – India and Beyond Click here for Presentation Chairperson: N M Govardhan - Actuary and Former Chairman of LIC of India, (India) Speakers: 1.Anshul Srivastava - Co- Founder, Organisation – Finance Wizards, (India) Topic : Pension Fund Industry In India- Scope for the future 2.A P Peethambaran- Consulting Actuary in Retirement Benefits, (India) Topic : A Model (Deterministic) for actuarial valuation of Long-term Compensatory Absences

C3: Concurrent Sessions on Life Insurance, Day 1 - 17th Feb 2014

C3.1: Panel Discussion on Product and Regulation   --    Click here for Presentation

Chairperson: G N Agarwal - Director, Future Generali India Life Insurance Company, (India)

1.Dinesh Pant - Secretary Product Development Actuarial Core Group/ Product Actuary, LIC of India; (India)
2.S Madhusudhanan - Actuary, Munich Re, (Singapore)

C3.2:  --    Click here for Presentation

Chairperson: Heerak Basu- Senior Vice President & Appointed Actuary at TATA AIA Life, (India)

• Topic: The Value in "Value for Money" - a Practitioners view

1.Chirag Rathod- Appointed Actuary and Director - Products & Strategy Canara HSBC Oriental Bank of Commerce Life Insurance Company; (India)

C3.3: Life with Disability   --    Click here for Presentation

Chairperson: Jyoti Majumdar - Head of Client Markets, Property and Casualty, India, Swiss Re ,(India)

• Topic: Critical Illness in Asia – a success story

1. Karsten De Braaf - Head of Product Development , SCOR Global Life, (Singapore)
2. Kattumuri Raghavrao - Manager Product Development & Pricing, SCOR Global Life, (Singapore)

C3: Concurrent Sessions on Life Insurance, Day 2 - 18th Feb 2014   C3.4:   --   No Presentations Chairperson: Chandan Khasnobis - Director and Appointed Actuary, IndiaFirst Life Insurance Company Ltd, (India) Speakers: Rajesh Dalmia - Appointed Actuary, Reliance Life Insurance Company Ltd; (India) Anil Kumar Singh - Appointed Actuary, Birla Sunlife Insurance; (India) P K Arora - Appointed Actuary, Actuarial Dept. Co., LIC; (India) C3.5:   --   Click here for Presentation Chairperson: Avijit Chatterjee - Chief Actuary, ICICI Prudential, (India) Speakers: 1.Sanket Kawatkar - Head, Life Insurance Consulting, Milliman, (India) Topic : Revival of Indian life insurance sector - how and when? 2.Aravind Venugopalan - Senior Consultant Genpact, (India) Topic : Summary, Interpretation and Issues for Principles based reserving of Life Insurance in the US 3.Sanchit Maini - Appointed Actuary, Max Life Insurance & Varun Gupta, Corporate Vice President, Max Life Insurance ,(India) Topic : Strategic Dilemmas and Opportunities for life Insurers

C4: Concurrent Session on General Insurance, Day 1 - 17th Feb 2014

C4.1: Panel discussion on Current Issues in General Insurance   --    No Presentations

Chairperson: M Karunanidhi - President, IAI, (India)

• Topic: Current Actuarial Challenges in General Insurance

• Speakers:

1. Mehul Shah -Appointed Actuary, L & T General Insurance, (India)
2. Tania Chakrabarti - Head - Actuarial Services & Appointed Actuary at Royal Sundaram Alliance Insurance Company Limited, (India)
3. Gayle Adams - Appointed Actuary, Raheja QBE, (India)
4. Anurag Rastogi - Vice President & Head (Actuarial), Bajaj Allianz General Insurance Company Limited, (India)

 

C4.2:  --    Click here for Presentation

Chairperson: Frank Ashe - Associate Professor, Macquarie University (Australia)

• Topic: Loss Reserving using Bayesian Hierarchical Models

1. James Guszcza - National Predictive Analytics Lead, Deloitte Consulting, (US)

 

C4.3: Combined Health and GI Session   --    No Presentations

Chairperson: Dr. Suhas Shah - Chief Medical Officer, Kotak Life Insurance Co.(India)

• Topic: Heart Disease: A Growing Epidemic

1. Dr. S Prasad - Consultant Cardiologist Royal Brompton Hospital, London, (UK)

 

C4: Concurrent Session on General Insurance, Day 2 - 18th Feb 2014

 

C4.4: CEO Session  --    Click here for Presentation

Chairperson: N M Govardhan - Actuary and Former Chairman of LIC of India, (India)

• Speakers:

1. Praveen Gupta - MD & CEO, Raheja QBE General Insurance Co. Ltd.
   Topic : Pricing Issues in GI

2. K G Krishnamoorthy - CEO, Future Generali India Life Insurance Company, (India)

 

C4.5:   --    Click here for Presentation

Chairperson: Sharad Shrivastva – Secretary General, Insurance Institute of India, (India)

• Topic: Catastrophe Bonds
• Speakers:

1.Ankit Goyal - Senior Actuarial Analyst, Towers Watson India Pvt. Ltd.
2.Saanya Jain - Actuarial Analyst, Towers Watson India Pvt. Ltd., (India)

• Topic : Catastrophe Risk: Modelling & Opportunity
• Speakers:

1.Aditya Vardhan Tibrewala - Director RSA Actuarial Services (India) Pvt. Ltd.
2.Tanu Shree - Actuarial Advisor RSA Actuarial Services (India) Pvt. Ltd, (India)

 

C4.6: Combined Health and GI Session   --    Click here for Presentation

Chairperson: Omer Morshed - Chief Executive, Sidat Hyder Morshed Associates (Pvt.) Ltd. (Pakistan)

• Topic: Index Insurance For Risk Management In Agriculture Sector

1.Akshay Pandit - Partner, M/S K. A. PANDIT (India)
2.Manish Kumar, Actuarial Analyst at KAP Consultants and Actuaries, India

C5: Bancassurance/Pension/Other, Day 2 - 18th Feb 2014

C5.1: Panel Discussion on Bancassurance Click here for Presentation

Chairperson: Kamalji Sahay - Ex-CEO, SUD Life & Advisor, GIC Re, (India)

• Speakers:

R. Krishnamurthy - Senior Advisor, Towers Watson, (India)
Girish Kulkarni - CEO, SUD Life; (India)
Deepak Sood - CEO, Avanta ERGO, (India)
Mohan V Tanksale - Chief Executive, IBA, (India)

 

C5.2 --    Click here for Presentation

Chairperson: K Subrahmanyam -Consultant Actuary, KN Actuaries & Consultants, (India)

• Topic: Global Pension Reform- Need and Approach for Inclusion


• Speakers:

1. Kavim V. Bhatnagar - Pension Specialist (International), World Bank SPEMP, (Bangladesh)

 

C5.3: Report from Global Actuarial Services & Off Shore Advisory Group of IAI Click here for Presentation

Chairperson: K Subrahmanyam - Consultant Actuary, KN Actuaries & Consultants, (India)

• Topic: Evolution of Global Actuarial functions


• Speakers:

1. Srinivas Sriperumbuduri - India Retd. Service Center Leader, Mercer (India)
2. Ankur Agrawal - Head of Actuarial function, AXA Business Services,(India)