Programme
The Actuarial Profession and Social and Economic Development
Sunday, May 6
| Time | Room | |
|---|---|---|
| 13:00 – 15:00 | Board Room, 2/F | IACA Committee Meeting* |
| 13:00 – 15:00 | Tang I, 3/F | IAAHS Committee Meeting* |
| 15:00 – 17:30 | Tang I, 3/F | PBSS Committee Meeting* |
| 17:00 – 18:30 | Board Room, 2/F | APACA Executive Committee Meeting* |
| 15:00 – 17:30 | Group Lounge, G/F | Registration |
| 18:30 – 19:30 | Ching Room, 4/F | Registration |
| 19:00 | Ching Room & Terrace (4/F) | Welcome Reception |
* Attendance at section committee meeetings is restricted to elected members of the committee.
Monday, May 7
| Time | Track / Room |
Session Title | Speaker(s) |
|---|---|---|---|
| 07:30 – 17:00 | Ballroom Foyer | Registration | |
| 08:30 – 09:00 | Ballroom C | Opening Ceremony | Desmond Smith, IAA President / Peter Duran, President, Actuarial Society of Hong Kong |
| 09:00 – 09:45 | Ballroom C | PlenaryMPS1: The Role of the Actuarial Profession's Social and Ethical Mission |
Dr. Anthony Neoh Moderator: Peter Duran |
| 09:45 – 10:30 | Ballroom C | PlenaryMPS2: Aging and its impact on Governments, Companies and Life & Health Insurance Products |
Paul Murray Moderator: Peter Duran |
| 10:30 - 11:00 | Refreshment & Networking Break | ||
| 11:00 - 12:30 | Health Ballroom C |
PlenaryMPS3: Health Care Reform in Hong Kong and China |
Dr. Gordon Liu & Peter Yuen Moderator: Emile Stipp |
IACA / Ballroom |
MBR4: Introducing a Retirement Benefit Target / Long Dated Life Insurance and Pension Contracts | Brnic Van Wyk / Knut Aase Moderator: Marius du Toit |
|
IACA / Sung I & II |
MBR5: The Reformed Mexican Social Security System: 15 years of experience / The Need for a Socio-economic Approach in Actuarial Valuations of Social Security | Abraham Hernández / Roberto Ham-Chande Moderator: Rodrigo Ibarra |
|
Life / |
CANCELLED MBR13: An Overview of the International Educational Monograph on the Adjustment for Risk for Financial Reporting Purposes |
Darryl Wagner & Peter Duran |
|
| 12:30 – 13:30 | Oyster & Wine Bar, 18/F | Lunch | |
| 12:30 – 13:30 | Amber & Coral Room, Celetial Court, 2/F |
IACA Lunch (for members of IACA only) | |
| 13:30 – 15:00 | IACA / Ballroom C |
PlenaryMPS6: Living Until 120: The Implications for Absolutely Everything |
Melinda Howes & Barry Rafe Moderator: Andrew Vaughan |
Health Ballroom |
MBR7: Healthcare Reform: Opportunity for Public-Private Partnership / Hong Kong Healthcare Reform and Applications to Countries with Public Sector Dominated Healthcare Delivery Systems | Sam Yeung / Chye Pang-Hsiang Moderator: April Choi |
|
Health Sung I & II |
MBR8: 2004-2008 Dread Disease Experience Study / Underwriting Issues for Health Products | Wolfgang Droste / Jeff Cook Moderator: Ulrich Stellmann |
|
Non-life Ching |
MBR14: Assessing Claim Liabilities from the Thailand Floods | Verne Baker & Phillip Cheuk Tong Liu Moderator: Margaret Sherwood |
|
| 15:00 – 15:15 | Refreshment & Networking Break | ||
| 15:15 – 16:45 | Life Ballroom |
MBR9: Impact on Life Insurance Practices in Changing Actuarial Regime / Communicating Takaful | C.F. Yam / Loke Chang Yueh & Nicholas Yeo Moderator: Michael Lockerman |
Health Sung I & II |
MBR10: Public-Private Healthcare Financing Partnership Survey / Post Retirement Health Insurance | Siao Wearn Leong / Ka Chun Cheung Moderator: April Choi |
|
Health Ballroom C |
MBR11: Investigating the benefits of integrating wellness program into (health) insurance benefits / Prevention reduces healthcare costs: the importance of alternative models | Linda Kam / Ignacio del Barco Moderator: Emile Stipp |
|
IACA / Ching |
MBR12: Pension System in Armenia / Reform of the Fiji National Provident Fund | Astghik Ananyan, Doug Carey & Lindsay Wolff / Geoff Rashbrooke Moderator: Junichi Sakamoto |
Tuesday, May 8
| Time | Track / Room |
Session Title | Speaker(s) |
|---|---|---|---|
| 08:30 – 17:00 | Ballroom Foyer | Registration | |
| 08:00 – 08:45 | PBSS Ballroom |
PBSS General Meeting (for members of PBSS only) | |
| 09:00 – 09:45 | Ballroom C | PlenaryTPS1: Consumer Protection in the Insurance Industry |
Annie Choi Moderator: Ka Man Wong |
| 09:45 – 10:30 | Ballroom C | PlenaryTPS2: The life and non-life insurance markets of Asia, the companies operating in them, and the changing definition of the "multinational" |
Simon Walpole Moderator: Ka Man Wong |
| 10:30 - 11:00 | Refreshment & Networking Break | ||
| 11:00 - 12:30 | Life Tang |
TBR3: The Realpolitik of using MCEV in Asia – a potential way forward for Embedded Value reporting in Chinese Taipei and elsewhere in the region | Simon Walpole & Ophelia Au Young Moderator: Lawrence Tsui |
ERM / Life / Ballroom B |
TBR4: ORSA and ERM – Are they the same? / Operational Risk – An Enterprise Risk Management Presentation | Doug Caldwell / Margaret Sherwood Moderator: Ka Man Wong |
|
Health Sung I |
TBR5: Using Housing Wealth to Fund Long Term Care / Long-term Care at a crossroads: delivery of adequate protection to the wider public |
Doug Andrews / Dirk Nieder Moderator: Bob Yee |
|
Health Sung II |
TBR6: Effect of Medical Cost Changes on the Calculation of Liability / The Impact of Medical Cost Inflation and Dynamic Policyholder Behavior on Market Consistent Embedded Value in Health Insurance | Jed Linfield / Jan-Philipp Schmidt Moderator: Ulrich Stellmann |
|
IACA / Ballroom C |
TBR7: Defined Changes to Contributions Must Change the Actuary's Mentality / How social security is responding to the low birthrate and longevity? (Focusing on annuity) | Ignacio del Barco / Ryosuke Imanaka Moderator: Abraham Hernández |
|
| 12:30 – 13:30 | Oyster & Wine Bar, 18/F | Lunch | |
| 13:30 – 15:00 | IACA / Ballroom C |
TBR8: Stochastic Projections of the Financial Experience of Social Security Programs: Issues and Alternatives / Observations on the Financing of the United States Social Security System | Bruce Schobel / Ken Buffin Moderator: Fred Kilbourne |
Life Ballroom B |
TBR9: Variable Annuity in China – the opportunity and challenges ahead / Tipping Point of Variable Annuity? | Sharon Huang / Jackie Wai Chu Moderator: Stuart Leckie |
|
Health Sung I |
TBR10: Long-Term Health Insurance Guarantees / Trends in the cost of oncology treatment and drug costs |
Lawrence Tsui / Emile Stipp Moderator: Susan Mateja |
|
Health Sung II |
TBR11: The Integration of Traditional and Complementary Medicine in Health Systems | Heather McLeod & Vincent Chung Moderator: Ignacio del Barco |
|
Life / ERM Tang |
TBR12: Emerging Risks or Black Swans? / ERM: Theory, Practice and Actuaries | Ka Man Wong / Young Goh Moderator: Margaret Sherwood |
|
| 15:00 – 15:15 | Refreshment & Networking Break | ||
| 15:15 – 16:45 | Life Ballroom C |
TBR13: Product Strategies under Solvency II and IFRS 4 Phase II | Tze Ping Chng & Thomas Tang Moderator: Eric Lu |
Non-Life Sung II |
TBR14: Boosted Regression Trees – a modern way to enhance actuarial modelling / Internal Capital and Risk modelling – will this put actuaries in the spotlight? | Xavier Conort / Michael Fung Moderator: Wai-Sum Chan |
|
Health / ERM Sung I |
TBR15: Solvency II – Good business practise? / Solvency II – Work on the Finishing Line |
James Creedon & Penny Fosker / Janka Schuld Moderator: Ulrich Stellmann |
|
Health Ballroom B |
TBR16: Selling Health Insurance via Bancassurance: a success story from the UK | Dennis Smith, Paul Hately & Sarah Bennett Moderator: April Choi |
|
IACA / Tang |
TBR17: Management of Pension Assets in China / The Pension Benefit Evolution in Indonesia: Design, Funding & Accounting Perspectives | Stuart Leckie / Halim Gunawan Moderator: Junichi Sakamoto |
|
| 19:00 | Gala Dinner at the Hyatt Regency, Tsim Sha Tsui |
Wednesday, May 9
| Time | Track / Room |
Session Title | Speaker(s) |
|---|---|---|---|
| 08:30 – 17:00 | Ballroom Foyer | Registration | |
| 08:00 – 08:45 | IACA Sung II |
IACA Biennial General Meeting (for members of IACA only) | |
| 08:00 – 08:45 | IAAHS Ballroom B |
IAAHS General Meeting (for members of IAAHS only) | |
| 09:00 – 09:45 | Ballroom C | PlenaryWPS1: Social and Economic Trends in East Asia: Impact on Social Protection Systems |
Mitchell Wiener Moderator: Ken Buffin |
| 09:45 – 10:30 | Ballroom C | PlenaryWPS2: The Role of Provident Funds in Social and Economic Development |
Cynthia Hui Moderator: Ken Buffin |
| 10:30 - 11:00 | Refreshment & Networking Break | ||
| 11:00 - 12:30 | Life Ballroom C |
WBR3: Assessing Sources of Funding for Insurance Risk Based Capital / Market Risk Modeling for Insurers | Louis Lee / Eric Yau Moderator: Lawrence Tsui |
Health Ballroom B |
WBR4: The Public Health Care Plan in China, Reality and Challenge / Long-Term Care Service and Financing Options in China | Wenliang Wang / Robert Yee Moderator: April Choi |
|
Health Sung II |
WBR5: Private Disability Products / Disability Income Benefits: Innovation or Confusion | Dirk Nieder / James Louw Moderator: Celia Chan |
|
IACA / Sung I |
WBR6: Logical errors and inconsistencies of the Swedish pension system / Pensions in a Shrinking Economy | Massimo Angrisani & Cinzia Di Palo / Jan Kuné Moderator: Chris Daykin |
|
| 12:30 – 13:30 | Oyster & Wine Bar, 18/F | Lunch | |
| 13:30 – 15:00 | Health Sung I |
WBR7: Asia's Health Actuaries: An Endangered Species / Financial risk involved in health care for the elderly in modern economies | Cory Gusland, Greta Mikelonis & Stella Ma / Jeff Petertil Moderator: Heather McLeod |
Health Ballroom C |
WBR8: Future Cost of Cancer / Cancer: Past, Present and Future – view from the Korean market | Lawrence Tsui / HyeSun Lim Moderator: Emile Stipp |
|
IACA / Non-life Sung II |
WBR9: Legacy (Public Policy) / Understanding extra-terrestrial Influences on nature's risks | Fred Kilbourne / Brent Walker Moderator: Ken Buffin |
|
IACA / ERM / Ballroom B |
WBR10: Application of Enterprise Risk Management to Private Pension / Ponzi Fraud, Market Turmoil, and Investment Regulations | Katsuhiro Yagura / Ken Sugita Moderator: Geoff Rashbrooke |
|
| 15:00 – 15:15 | Refreshment & Networking Break | ||
| 15:15 – 16:45 | Health Ballroom B |
WBR11: Pricing of health microinsurance (HMI) | Denis Garand Moderator: Emile Stipp |
Health Ballroom C |
WBR12: Risk Adjustment – A Global Perspective | Susan Mateja & Ian Duncan Moderator: April Choi |
|
IACA / Sung I |
WBR13: The experience of Employee's Pension Funds in Japan – how to manage pension plans soundly / IAS 19 Revision: Incorporating the Cairns-Blake-Dowd Model into the Valuation of Defined Benefit Obligations | Ryouhei Yoshizawa / Yosuke Fujisawa Moderator: Geoff Rashbrooke |
|
Life Sung II |
WBR14: Evolving Distribution Models | Young Goh Moderator: Michael Lockerman |
|
| 16:45 – 17:15 | Ballroom C | PlenaryClosing Ceremony |
Ka-Man Wong, Council, ASHK / Sponsors / Leadership and management committees |