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JOINT REGIONAL SEMINAR 2019


JOINT REGIONAL SEMINAR 2019

“Changing Environment, Emerging Trends and Evolving Regulations – Deja Vu or Crystal Gazing?”

Monday 5th August 2019

At S31 Sukhumvit Hotel

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Dear all,

The Society of Actuaries of Thailand is delighted to invite you to "Joint Regional Seminar 2019" as detail below:

Objective:  The Joint Regional Seminar (JRS) is an annual event co-organized by the Institute & Faculty of Actuaries, Actuaries Institute Australia and Society of Actuaries with the support of the local actuarial societies in the region. It is designed to assist actuaries and other professionals in meeting their CPD requirements. The JRS organizing Committee & Society of Actuaries of Thailand are pleased to be once again hosting the JRS, which will take place on 5 August 2019 in Bangkok.

The Seminar:  In today’s dynamic business landscape, insurance companies are facing more than ever critical changes and evolving risks. The industry is undergoing significant regulatory changes with respect to financial reporting standards, capital requirements and supervisory framework. Most notably, the new International Financial Reporting Standard 17 (IFRS 17) will impact on the revenue recognition, data, systems and processes, among many others. A number of regulators are also either introducing risk-based capital (RBC) or revisiting their existing RBC framework. While insurers are relentlessly cracking the new regulatory changes, the business environment continues to be rapidly changing with the emerging trends and demographic shift, including longer life expectancy, ageing population, changing habits and behaviors. Actuaries are playing an increasingly important role in dealing with these challenges and turn them into competitive advantages. Hence the theme of this year’s JRS is “Changing Environment, Emerging Trends and Evolving Regulations – Deja Vu or Crystal Gazing?”

Some key topics in the Bangkok JRS are:

  • Transforming group insurance - enhance sales process, innovate business model and enable advanced analytics (by Ernst & Young)
  • The future risk function and the role of actuaries (by PwC)
  • Services innovation & platform construction in overseas medical treatment (by Partner Re)
  • The evolving landscape of genetics and insurance (by SCOR)
  • Comparative analysis of Asia’s life insurance capital regimes and implications (by Milliman)
  • How assets and liabilities matching / management of assets would change with the implementation of IFRS 17 and new capital regimes for insurers? (by Ernst & Young)
  • Data protection and artificial Intelligence – mutually exclusive? (by KPMG)

 

Theme:            Changing Environment, Emerging Trends and Evolving Regulations – Deja Vu or Crystal Gazing?

Date &Time:     Monday 5th August 2019, 08.30 - 17.00 hrs.

Location:          Ballroom 1, 5th Floor at S31 Sukhumvit Hotel

Target Audiences:     C-Suites of life and non-life insurance companies, reinsurers and regulators

Professional in life and non-life insurance industry:

- Actuaries, Investment Managers, Risk Analysts,

- Underwriters, Claim Officers, Auditors,

- Consultants, Academics and Interested People

 Seminar Fees:           THB 3,500 / person for SOAT Member*
                                  
THB 5,000 / person for Non-SOAT Member*
                                  * VAT included, withholding tax is not deductible  

Deadline for registration:  29th July 2019

For more information, please kindly see the brochure as attached.

If you have any questions, please feel free to contact Ms. Oraphan or Ms. Thanaporn Tel(668) 0559-4555 or Oraphan.panit@soat.or.th Thanaporn.nakson@soat.or.th