7th Webinar in Risk Management (WRM)
Topic: Embedding Risk Appetite in decision making – Approach & Challenges
The Institute of Actuaries of India (IAI) is pleased to announce 7th Webinar hosted by the Advisory Group on Risk Management.
Time: 3.00 pm - 5.00pm, India time
Objective:
Insurance is a business of managing risks and hence risk Management is a very critical and strategic part of an insurance business. It is imperative to embed risk management into decision making so that informed decisions are taken which helps a company to achieve its business targets while safeguarding the interest of its key stakeholders like policyholders, shareholder, regulator, employee, distribution, and others. Risk Appetite statement is an approach which provides the framework within which different risks are clearly stated, their measures articulated and most importantly, appetite of the company while managing these risks is defined. Risk Appetite statement is one of the most critical frameworks used to embed risk management in business decision making.
Target Audience:
IAI members (Fellows, Associates, Affiliates, Students), Non-members. The webinar is open for all the professionals who have a keen interest in the topic.
Programme Schedule:
Moderator: Tanay Chandra, Member, Advisory Group on Risk Management
Sr. No. |
Sessions |
Speaker |
Time |
1 |
Presidential Address |
Subhendu Kumar Bal, President,Institute of Actuaries of India |
3.00 pm- 3.05 pm |
2 |
Introduction to Risk Appetite |
Kailash Mittal, Partner KPMG |
3.05 pm 3.25 pm |
3 |
Key Risk Indicators in Life Insurance |
Sunil Sharma, CRO, Kotak Life |
3.25 pm 3.45 pm |
4 |
Key Risk Indicators in General/Health Insurance |
Manish Sen, CRO, Niva Bupa Health Insurance |
3.45 pm 4.10 pm |
5 |
Embedding Risk Appetite in decision making – a perspective |
Sachin Saxena, CRO, Max Life Insurance |
4.10 pm – 4.30 pm |
6 |
Round Table Conclusion |
4.30 pm – 4.50pm |
|
7 |
Closing comments and CPD questions |
Tanay Chandra, Member, Advisory Group on Risk Management |
4:50 pm - 5.00 pm |
Registration fees excluding GST (INR):
IAI Students & Associates |
IAI Affiliates & Fellows |
Non Members |
₹ 750 |
₹ 1000 |
₹ 1000 |
Registration link- https://bit.ly/3vOilnl
CPD Credit as per APS9: 2 hrs (Technical – any practice area)
Point of contact- Paresh Shetty | Tel: 022-62433343 | Email: paresh@actuariesindia.org
Institute of Actuaries of India
2nd July 2022