Actuarial Society 2016 Convention: Recent Episodes

Actuarial Society of South Africa

Actuarial Society 2016 Convention Cape Town International Convention Centre Cape Town 23 – 24 November 2016

The Actuarial Society’s 2016 Convention built on the success of last year’s Convention, with feedback on the Convention being used to provide an even better experience.

We welcomed over 1500 Actuarial Society members to an event that was professionally enriching and challenging, with opportunity to both learn and contribute.

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You may have been accustomed to “Treating Customers Fairly” (TCF). Recently, Council has agreed to replace the TCF Committee with the “Market Conduct Committee”. The focus of the Committee is to actively support the development and thought leadership of actuarial practice in the context of market conduct through the development of Standards of Actuarial Practice and Actuarial Practice Notes, and the provision of CPD events. In other words, a broader remit than TCF in isolation.

In light of the above, members from the Market Conduct Committee will highlight key features of the Committee, providing insights of how members could interact with the Committee. The presenters in Johannesburg are Peter Johnstone,

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ASORIBA - Nana Opoku Ware Ofori Agyeman-Prempeh, INUKAPAP - Waweru Kuria, WIZZPASS - Bradley Hornby

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The Application of Demographic Projections to predict changes in Life and Non-Life insurance penetration rates ℗ - Christine van Heerden and Lance Moroney

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Asset Finance: The Actuarial imperative - Kudzai Chigiji

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Predictive Modelling: How much is too much? - Paul Braithwaite and Mary Hosford (CAS Presentation)

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Sucess of M-Pesa in East Africa - Alna Prinsloo, Bode Olajumoke, Cecilia Augustine

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Actuaries in corporate social investment - Ryan Boyd

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The why and how of financial inclusion: why corporates need to be involved and the key pillars of providing a sustainable financial inclusion strategy : Prega Ramsamy, Ruth E Benjamin-Swales, Soshan Soobramoney

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Retirement fund death benefit distribution process - Martin Riekert & Hettie Joubert

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Let's have a frank conversation about transformation - Shiavani Ranchod

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Unpacking the 2016 Sanlam Benchmark Research into the South African retirement funding landscape - Viresh Maharaj

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Scaling the steepest peak: An analysis of throughput in the UCT Actuarial Science Program ℗ - Dave Strugnell

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ORSA in business unusual - Francois Berry and Susan Hunt

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Can Retirement savings save South Africa ℗ - Guy Chennells

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Incorporating healthcare data into life insurance product design and pricing - Hannah Chivaka

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Closing Plenary Session | Peter Withey (Chair) Plenary Address | Sizwe Nxasana, Former CEO of FirstRand Ltd Closing Remarks | Roseanne Murphy da Silva, President of the Actuarial Society of South Africa

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Analytics in Insurance: Partnering for purpose , Dewald Ferreira

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A pragmatic overview of Predicitive Analytics Applications , Lee Sarkin, Greg Becker

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The incredible curious adventure - The Movie , Paul Lewis, Ursula Torr

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I'm gonna live forever , Raymond Bennett

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Gen A-Z: What impact will Millennials have on the future of insurance ?, Adriaan Rowan

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Be curious, technology is the future #Insuretech , Dewald Ferreira

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The Bots are coming, Louis Rossouw

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Modelling real time old age longevity using wikipedia data , Francois Marais

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IFRS 4: Lessons learnt from initial implementation , Peter Tripe, Ryan Subotzky, Yura Kaliazin, Jan Hofmeyr

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The Africa Insurance Trap , Peter Tripe

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Dividend Policy as a key part of capital management for insurers, David Kirk

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Plenary Session | Peter Withey (Chair) Research Prizes and Green Exhibitor Award President's Address |Roseanne Murphy da Silva, President of the Actuarial Society of South Africa

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Closing Plenary Session | Peter Withey (Chair) Plenary Address | Sizwe Nxasana, Former CEO of FirstRand Ltd Closing Remarks | Roseanne Murphy da Silva, President of the Actuarial Society of South Africa

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PROFESSIONALISM SYMPOSIUM | Nico van der Colff (Moderator) Mickey Lowther, Ben Kemp, Andrew Gladwin

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2011 Population Mortality tables for quantum of damage calculations, ℗ Frans Koning, Christelle van der Merwe

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The Earth, Humanity, the Economy and the Actuarial Profession, Rob Thomson, Taryn Reddy, Sam Gutterman (IAA Presentation)

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Exposure Management in Short Term Insurance: The impact of change in exposure, data and regulation, Bridget Bernon, Carla Fasana, Hannes van Rensburg

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Estimating Option-Implied distributions in illiquid markets and implementing the Ross Recovery Theorem ℗ Emlyn Flint

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Learning from Actuaries in Leadership Roles : Nina le Riche (Facilitator), Andrew Warren, Sandy Govender, Mahesh Cooper, Marjorie Ngwenya, Deane Moore

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Financial Wellness and debt as a predictor of physical wellness and claims ℗ Nico-Louis Minnie, Ina Shaw,

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Seductions of the Block Chain - David Kirk

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What the rest of the world has been looking at while South African has been focussed on SAM - Marc Slutzky, David Kirk

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Motality rates and improvement over time at advanced ages in South Africa - insights from the National Level Data ℗ Ronald Richman, Rob Dorrington

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Five Year Update on "A critique of the umbrella fund charging model" Presented to the 2011 Convention : David Gluckman

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Friends with benefits : Neil Parkin

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Healthcare reform in South Africa: Insights from International systems striving towards universal health coverage ℗

Roseanne Murphy da Silva, Sarika Besesar

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New trends in capital management: Post SAM/Solvency II Implementation -

Karl Meissner-Roloff, Jaco van der Merwe

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OPENING REMARKS | Roseanne Murphy da Silva, President of the Actuarial Society of South Africa

PLENARY ADDRESS | Joan Lamm-Tennant, CEO of Blue Marble Microinsurance

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The Retirement income frontier and its application in construction investment strategies at retirement. Presented by:John Anderson, Steven Empedocles