Moody's Insurance Summit 2018

Thursday, September 6, 2018

September 2018

Summit

Moody's Insurance Summit 2018

Optimising Performance in Today's World

thursday, November 08, 2018
london

Moody's Insurance Summit 2018

Optimising Performance in Today's World
Thursday, September 6, 2018
September 2018
Sheraton Hong Kong Hotel & Towers
Hong Kong

Moody's Insurance Summit 2018

Optimising Performance in Today's World

Thursday, September 6, 2018
September 2018
Sheraton Hong Kong Hotel & Towers
Hong Kong

Moody's Insurance Summit 2018

Optimising Performance in Today's World

Thursday, September 6, 2018
September 2018
Sheraton Hong Kong Hotel & Towers
Hong Kong

Moody's Insurance Summit 2018

Optimising Performance in Today's World

Thursday, September 6, 2018
September 2018
Sheraton Hong Kong Hotel & Towers
Hong Kong

Moody's Insurance Summit 2018

Optimising Performance in Today's World

Thursday, September 6, 2018
September 2018
Sheraton Hong Kong Hotel & Towers
Hong Kong

Overview

The 2018 Moody's Insurance Summit will once again gather leading insurance industry practitioners and credit analysts to explore industry trends and challenges with a mix of high-profile speakers and interactive panel discussions.

As the environment surrounding insurance companies continues to change dramatically with ultra-low interest rates and an increase in natural disaster risks, insurers are asked to revise their traditional insurance operations in response to standardization of global regulations and new risks and make progress on numerous fronts simultaneously. Optimising financial performance, implementing a significant change to financial reporting, and enhancing environmental and social practices - all at a time of great technological change.

Key Themes:

Business Insights: How are insurers utilising enhanced modelling and analytics to optimise their financial performance in today's business.

'All Change' For Financial Reporting: What are the challenges and opportunities driven by the forthcoming IFRS 17 reporting standard

Adapting to Changes in Regulatory and Operating Environment: How are insurers integrating factors such as regulatory and capital regime changes, rising (but low) interest rate environment, and technological advancements and addressing potential risks in their decisions

Agenda

08:30    Registration & Coffee

09:00    Welcome Address

Min Ye, Managing Director, Reginal Head, Asia Pacific, Moody's Investors Service

09:10     Keynote Presentation: Optimising Performance from Risk-Based Capital (RBC) Regime Perspective

Raymond Tam, Executive Director, Policy and Development, Insurance Authority of Hong Kong

09:45     Keynote Presentation: Optimising Performance in Today's World

Rahgu Hariharan, Chief Financial Officer, Prudential Corporation Asia

10:20    Refreshment Break

10:50     Panel Discussion: Optimising Performance through Business Insight

  • What does optimising the business mean for you? How do different stakeholders view their role in the performance of the business?
  • What do we mean by business insight - what are the key measures/metrics/factors that you think about in your role?
  • How is this changing - impact of upcoming regulatory / accounting standards?

Panelists:

Jon Nielsen, Group Chief Risk Officer, AIA Group Limited

Kenneth Dai, Chief Actuary, Manulife Asia

Moderator: Shailendra Jain, General Manager, Enterprise Risk Solutions, Moody's Analytics

12:00     IFRS 17: Practical Lessons from the Market

Andrew Waters, Senior Director, Enterprise Risk Solutions, Moody's Analytics

12:20     Networking Lunch

13:35     Comparison of China Risk Oriented Solvency System (C-ROSS) to Solvency II: Similarities and Differences

  • Key differences between C-ROSS and Solvency II reflect unique market characteristics
  • How Moody's incorporates the differences into our view on Chinese insurers' capital adequacy

Frank Yuen, Assistant Vice President - Analyst, Financial Institutions Group, Moody's Investors Service

14:20     Breakout Sessions

Stream A: Interactive Q&A Session with Moody's Analysts - by Moody's Investors Service

Join to discuss a wide range of topics affecting the APAC insurance sector, including outlook for Chinese and Korean insurers, regulatory and capital regime changes, technology advancement, (re)insurance cycles and more

Analysts:

Frank Yuen, Assistant Vice President - Analyst, Financial Institutions Group, Moody's Investors Service

Qian Zhu, Vice President - Senior Credit Officer, Financial Institutions Group, Moody's Investors Service

Moderator: Sally Yim, Associate Managing Director, Financial Insitutions Group, Moody's Investors Service

Stream B: Economic Capital, ALM & Capital Optimisation by Moody's Analytics
  • Managing (optimising) the business on an economic basis

Adam Koursaris, Senior Director, ERS Product Management, Moody's Analytics

15:05     Closing Keynote: IFRS 17: Communicating Performance with Consistency and Transparency

  • Over the last few decades the insurance and investment sectors have evolved from largely domestic industries to encompass large businesses with significant international reach. Accounting for insurance activities has fielded to match this development
  • IFRS 17 provides a framework for companies to communicate performance in a consistent and transparent manner, building confidence amongst and potential investors
  • The adoption of the new Standard represents an opportunity for positive change; for financial reporting to support the growth of a thriving, effective and efficient insurance industry

Dr. Jiangqiao Lu, Board Member, International Accounting Standards Board

15:50     Closing Remarks

Colin Holmes, Managing Director, Insurance Solutions, Moody's Analytics

15:55     End of the Event

Speakers

Moody's Speakers

Min Ye

Managing Director

Regional Head, Asia Pacific

Moody's Investors Service

Moody's Investors Service

Regional Head, Asia Pacific

Managing Director

Min Ye

Dr. Michael Ye is the Managing Director and the Regional Head of Moody’s Asia Pacific. He is responsible for formulating business growth initiatives, budgeting and planning, managing Moody’s offices and affiliate relations, and monitoring the regulatory environment in the region.

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Shailendra Jain

General Manager

Enterprise Risk Solutions, APAC

Moody's Analytics

Moody's Analytics

Enterprise Risk Solutions, APAC

General Manager

Shailendra Jain

Shailendra is General Manager of Enterprise Risk Solution, APAC. Prior to that he was head of sales for Insurance, Pension and Asset Managers across EMEA and was based in London. He was leading the sales team at Barrie and Hibbert prior to its acquisition by Moody’s Analytics and brings deep knowledge of modelling and technology related solutions used by our Insurance and Banking customers globally.

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Andrew Waters

Senior Director

Enterprise Risk Solutions

Moody's Analytics

Moody's Analytics

Enterprise Risk Solutions

Senior Director

Andrew Waters

Andrew Waters is a Senior Director at Moody’s Analytics dedicated to providing solutions for the insurance sector, with a current focus that includes IFRS 17. His experience includes the provision of Solvency II standard formula and internal model solutions, with experience in liability approximations (replicating portfolios, curve fitting, Least Squares Monte Carlo), ALM, hedging, Economic Capital Optimisation, and stress testing.

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Frank Yuen

Assistant Vice President - Analyst

Asia Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Asia Financial Institutions Group

Assistant Vice President - Analyst

Frank Yuen

Frank Yuen is an Assistant Vice President with Moody’s Financial Institutions Group. Based in Hong Kong, he is part of the insurance rating team covering a portfolio of insurers in Asia Pacific.

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Sally Yim

Associate Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Associate Managing Director

Sally Yim

Sally Yim is an Associate Managing Director in the Financial Institutions Group. Based in Hong Kong, Sally oversees teams responsible for the maintenance of ratings on Asian (including Japan) insurers and North Asian (excluding Japan) non-bank financial institutions.

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Adam Koursaris

Senior Director - Product Management

Enterprise Risk Solutions

Moody's Analytics

Moody's Analytics

Enterprise Risk Solutions

Senior Director - Product Management

Adam Koursaris

Adam rejoined Moody’s analytics in 2017 after four years working at Willis Towers Watson. He had previously worked at Moody’s Analytics and Barrie and Hibbert for seven years. Adam specializes in risk, capital, and asset and liability management (ALM) applications, and has been a long term trusted advisor to insurance companies globally. Adam has been at the forefront of risk modeling methodology development, and has helped to design, build, document, validate, and optimize Solvency II internal model solutions for many of the world’s largest insurers.

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Colin Holmes

Managing Directors

Head of Insurance Solutions

Moody's Analytics

Moody's Analytics

Head of Insurance Solutions

Managing Directors

Colin Holmes

Colin is Managing Director of Insurance Solutions at Moody’s Analytics. The bulk of Colin’s career has been spent in financial risk management with Barrie & Hibbert (B&H) and Moody’s Analytics. During his time at B&H, Colin had a broad involvement across the business, working within a range of technical, management and customer-focused roles, in the UK, Europe and the US. The business’ growth resulted in the acquisition of B&H by Moody’s Analytics in 2011.

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Contact Us

Moody's Event - Asia

Emai: Events.asia@moodys.com

Tel: +852.3551.3077