mt. dabajian by KENT FAN
This grand annual event is the joint international seminar organized by the Actuarial Institute of Chinese Taipei, AICT and Casualty Actuarial Society, CAS.
The united seminar is quite rich which including a 1.5-day Seminar, Sep.15 & Sep.16. The subjects will be property and IFRS17 related for applicants to register, respectively. The Seminar is arranged to meet the needs of the industry, considering the current situation of major important issues, such as Reinsurance、Products Pricing、Blockchain、GLM vs. Machine Learning、ESG、Climate Change、COVID policies、IFRS17. The lectures will share their practical experience and suggestions based on the domestic current situation and industry needs.
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Given the current world-wide situation with COVID-19, this seminar is going webinar / virtual through WebEx instead of in-person mode. The meeting link will be attached to the "Pre-Seminar Notification" email to the registrants. Also, please download the software operation manual and precautions for attending the seminar on the website and read them thoroughly. |
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9/15 |
Topic |
Speaker |
08:40-09:00 |
Webex Meeting Room Opened |
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09:00-09:10 |
Opening Remark |
AICT / CAS |
09:10-10:00 |
Property Catastrophe reinsurance / retrocession market (Mandarin) |
Jimmy Deng |
10:00-10:10 |
Break |
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10:10-11:00 |
Products Pricing and Reserving in Response to Current Affairs (English) |
Denise Cheung Keith Lau |
11:00-13:30 |
Break & Luncheon |
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13:30-14:20 |
GLM vs. Machine Learning --- A Case Study in Pricing (Mandarin) |
John Zhou |
14:20-14:30 |
Break |
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14:30-15:20 |
Evaluating road traffic accidents under climate change scenarios (Mandarin) |
Tzai-Hung Wen |
15:20-15:30 |
Break |
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15:30-16:20 |
The Ups and Downs of COVID policies – a case study of Thailand (English) |
Ken Lim |
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End of Day 1 |
9/16 |
Topic |
Speaker |
08:40-09:00 |
Webex Meeting Room Opened |
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09:00-09:50 |
Blockchain Usage in Insurance (English) |
Moderator: Kenneth Hsu Speaker: Patrick Schmid |
09:50-10:00 |
Break |
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10:00-10:50 |
What does ESG mean for Underwriting and Insurance (English) |
Graham Hall Gloria Gilliam |
10:50-11:00 |
Break |
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11:00-11:45 |
IFRS 17: Panel Discussion (Mandarin) |
Moderator: Luke Hsu Christiana Chen Justine Poon Yi-Hao Lin Judy Ng |
11:45-11:50 |
Break |
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11:50-12:30 |
IFRS 17: Panel Discussion (Mandarin) |
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12:30-12:40 |
Closing remark |
AICT / CAS |
*All speakers will join the webinar via Webex. |
Please refer to Agenda | Session Outline | Speakers' profile for more information. |
FULL PAYMENT must be paid online by credit card and received in order to confirm your registration. Group registration is not be available for foreign participants. For academic participants, please contact AICT Secretariat to proceed the registration. By registering, participants agree that their name, company, city and country appear on the participant list. Participants can request to have their name removed from the list at any time by emailing to AICT Secretariat.
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▍Sponsorship
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Diamond Sponsor
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Central Reinsurance Corporation is the only domestic reinsurance company in Taiwan undertaking non-life and life reinsurance businesses from domestic and overseas markets.
Central Re was established by the Ministry of Finance (MOF) on October 31, 1968 with the mission to promote the sound development and sustainable growth of the local insurance industry. Central Re completed its privatization process on July 11, 2002. Evergreen Group, the well-known transportation conglomerate becomes the largest shareholder and the Ministry of Finance is the second-largest shareholder.
Looking forward, the management team will base on the company’s motto of "Challenge, Innovation and Teamwork" to cultivate business prudently and seek opportunities internationally, aiming to become the best reinsurance company in Asia. |
Platinum Sponsor
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Cathay Century Insurance was established in 1993 and became a member of Cathay Financial Holdings in 2002. By leveraging group resources and providing customers with a full range of financial services, we have secured our position as the second largest non-life insurer in Taiwan since 2007. We are also focused on expanding our business into foreign markets and established Cathay Insurance (China) and Cathay Insurance (Vietnam) in 2008 and 2010, respectively. In 2015, Cathay Insurance (China) increased its capital by cooperating with Ant Financial Services Group, an affiliate company of the Alibaba Group, in the development of e-commerce financial services. In keeping with the tenets of “Equal Emphasis on Quality and Quantity, Steadfast and Dependable” management, Cathay Century delivered outstanding business performance that was not only rated as twAA+ by Taiwan Ratings, A- by S&P, A2 by Moody's, and A by AM Best, but furthermore enabled us to win numerous domestic awards, including the “Insurance Excellence Award,” “Insurance Faith Hope Love Award,” and “Golden Torch Award.” We also received many internationally acclaimed honors, including the “International Business Premium Award” and the “Asia-Pacific Stevie Awards”. We were also named the “Best Non-life Insurance Company in Taiwan” by renowned British finance publication World Finance Magazine. These achievements are the best testament to our recognition by the people in Taiwan as the Number 1 “Ideal Brand” in the P&C insurance industry and our success as a first-rate non-life insurer in Asia. |
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Fubon Insurance has led the non-life insurance sector for the 40th consecutive year, strong results reflecting sound underwriting practices, judicious investment strategies and robust risk management. The business also grew fundamentally stronger through group cross-selling and channel diversification strategies, sales-structure optimization and balanced development.
Fubon Insurance stepped up its development of innovative technologies and digital applications to deliver more convenient services to customers. Fubon Insurance cooperated with hospitals to start the Claim Payment for Hospitalization Expenses with the agreement of the insured, creating a win-win situation for the insured, hospitals and Fubon Insurance. Customer stickiness was further strengthened through friendly UI/UX design and customized products which was formed by big data analytics. Fubon Insurance was the first nonlife insurer to test the use of video conferencing to finalize policy sales, giving consumers a paperless, contactless, professional insurance buying experience. The introduction of real-time sign language and foreign language translation services by video conference reflected the company’s dedication to ESG and Treating Customers Fairly principles and created friendly, barrier-free service experiences for consumers.
At the same time, Fubon Insurance provides both for compensation for damages and loss prevention service. And partnered with information security consultants to introduce full-process services to strengthen local businesses’ information security risk management. Response to the government's energy transformation policy. Green energy insurance team was created to support the sustainable development of clean energy domestically, and Fubon Insurance now insures more than half of all onshore wind turbines in Taiwan. Join every solar energy projects to support green energy sustainable development.
Fubon Insurance has long been committed to enhancing the ability of companies and society of risk management. It supports businesses by holding regular loss prevention seminars and providing industry-leading risk management services founded on risk assessment matrices developed in house. Provide micro-insurance for low-income families and agricultural insurance to extend protections from government disaster assistance and strengthening their resilience against disasters. |
Gold Sponsor
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Newa Insurance was established in 1999 under the horizontal service integration strategy of Yulon Group. We aimed to become “the most professional and caring non-life insurance company” while providing high-quality insurance service to our clients. In 2002, we formed strategic alliance with Tokio Marine Group, the biggest insurance group in Japan, to upgrade us with international insurance professionalism and higher quality of insurance service. In 2005, we further merged with Allianz Insurance, which was under Tokio Marine Group, to officially become Tokio Marine Newa Insurance. |
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Mingtai Insurance was established in 1961. It’s head of office is located in Taipei, with 41 other branches and service locations throughout Taiwan. After becoming a member of MISG in September 2005, it has improved its overall financial strength. Mingtai’s Taiwan Rating is the highest rating, twAAA, and S&P Rating A, showing long-term stable operating performance. By integrating the corporate strategies and resources of MSIG, Mingtai will continue to strive to become the most considerate international insurance company in Taiwan. |
Dabajianshan ( Dabajian Mountain) is located on the boundary of Miaoli and Hsinchu County. Stood isolated from the other mountains at 3,505 meter high, the mountain is renowned for its unique contour. The peak is round and level while the body is broad. It is a mountain consisted of hard sandy stones. Under the strong wind erosion, the two main peaks, Daba (Big) and Shiaoba (Small), became giant rock formation thrusting upwards and is referred as “Century’s Unique Peaks” by the Taiwan climbers. It is designated into Shei-Pa National Park. |
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Reference: 【TravelKing】 |
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