Highlights of the IAA Colloquium in Lyon, France
Three Sections of the International Actuarial Association (IAA), including the Actuarial Approach for Financial Risks / Enterprise Risk Management (AFIR/ERM), Life Insurance (IAALS) and Pensions, Benefits and Social Security (PBSS), held a colloquium in Lyon, France from June 24-26, 2013, jointly with the Summer School of the Institut des actuaires and the Groupe Consultatif Actuariel Européen (GCAE). The colloquium attracted over 380 delegates and accompanying persons from 38 countries.
The program featured presentations from 6 keynote speakers, namely:
- Pauline Barrieu, on “Model Uncertainty”;
- Chris Daykin, on “Sustainability of pension systems”;
- Annamaria Olivieri, on “Longevity risk and related issues for the life annuity and pension business”;
- Richard Phillips, on “Behavioral Econometrics Meet Risk Metrics: May the Best Model Win”;
- Ermanno Pitacco, on the topic “From benefits to guarantees: looking at risk transfers in life annuity and pension products”;
- Michael Sherris, on “Longevity and mortality model risks in the valuation and risk management of long term insurance contracts”.
In addition, a round table discussion on the topic of “Models, regulation, insurance undertakings & actuaries” took place featuring:
- Kurt Wolfsdorf, IAA President,
- Karel Goossens, GCAE Chairman,
- Régis de Laroullière, Institut des actuaires,
- Éric Lombard, Chairman & CEO of BNP Paribas Cardif, and
- Bruno Rousset, Chairman & CEO of APRIL Group.
Presentations were made by Thomas Béhar, President of Institut des actuaires, Gabriel Bernardino, Chairman of EIOPA on “Solvency II, IORP II, topical issues under discussion and perspectives”, François Bonnin, President of the Congress, Gérard Collomb, Senator Mayor of Lyon and President of Grand-Lyon, Denis Kessler, Chairman & CEO of SCOR on “Insurance, the new macro-economic risks and prudential regulation”, and Bernard Spitz, President of Fédération Française des Sociétés d’Assurances.
Most of the papers and/or presentations from the 70 presenters are already available on the colloquium website.
This activity supports the IAA’s strategic objectives to "encourage forums for actuaries to discuss global actuarial issues" and to "facilitate the use and expansion of the scientific knowledge and skills of the actuarial profession". To learn more about these events, contact the the IAA Secretariat.