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2022/08/05
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2022 AICT/CAS Joint Property/Casualty and Health Actuarial Seminar

 

 

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.

 

 

 

 

 

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.

 
Organizers
                                       

 

 


 

 ▍Agenda (Taipei Time)

               

 

9/15

Topic

Speaker

08:40-09:00

Webex Meeting Room Opened

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

10:10-11:00

Products Pricing and Reserving in Response to Current Affairs (English)

Denise Cheung

Keith Lau

11:00-13:30

Break & Luncheon

13:30-14:20

GLM vs. Machine Learning --- A Case Study in Pricing (Mandarin)

John Zhou

14:20-14:30

Break

14:30-15:20

Evaluating road traffic accidents under climate change scenarios (Mandarin)

Tzai-Hung Wen

15:20-15:30

Break

15:30-16:20

The Ups and Downs of COVID policies – a case study of Thailand (English)

Ken Lim

 

End of Day 1

       

 

9/16

Topic

Speaker

08:40-09:00

Webex Meeting Room Opened

09:00-09:50

Blockchain Usage in Insurance (English)

Moderator:

Kenneth Hsu

Speaker:

Patrick Schmid

09:50-10:00

Break

10:00-10:50

What does ESG mean for Underwriting and Insurance (English)

Graham Hall

Gloria Gilliam

10:50-11:00

Break

11:00-11:45

IFRS 17: Panel Discussion (Mandarin)

Moderator: Luke Hsu
Panelist:

Christiana Chen

Justine Poon

Yi-Hao Lin

Judy Ng

11:45-11:50

Break

11:50-12:30

IFRS 17: Panel Discussion (Mandarin)

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.

 


 

 ▍Registration

 

 
  • Mark your calendar 

    2022 AICT/CAS Joint Property/Casualty and Health Actuarial Seminar
    Date:15 –16 September 2022
    Venue:Webinar (Webex) 
  • Registration deadline : Sep 7th, 2022

  • Relevant Information  pre-webinar reminder

  • Registration Policy

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.

  • Cancellation and Refund policy 

    • If, for any reason, the Joint Seminar, or any part thereof, is prevented from being held, or the venue becomes unavailable, the Organiser may cancel or postpone the Joint Seminar. In such event, the Organiser shall not be responsible for delays, damage, loss, increased costs, or other unfavourable conditions arising by virtue thereof, and participants waive all or any claims for loss, expense or damage against the Organiser arising there from.

      Cancellation before before the registration deadline (including) will be subject to an administration fee of 20% of registration fee per participant and refunds will only be made after the completion of the Joint Seminar. In the event of late cancellation after the registration deadline or no-show, request of refund will not be entertained.

  • Registration fee and linkage

Category

 Registration Fee

 AICT/ CAS Member

NT$ 4,000

 Non member

NT$ 5,000

 Academic*

NT$ 2,500

CAS member Registration
Non-member Registration

 *For full-time teachers and students only, please contact the AICT Secretariat for registration and payment.

                              

 


 

 ▍Sponsorship

 

 

Sponsorship Opportunities

We want to help you achieve your business objectives and service your customer groups. If you would like to suggest other ways in which your company would like to be involved with the Joint Seminar, please do not hesitate to contact the Actuarial Institute of the Chinese Taipei. The packages can be tailored to your specific marketing needs as well as new ideas incorporated into the available options. 

The Joint Seminar is a unique marketing opportunity and we are confident your involvement as a Sponsor will provide your company with exceptional business rewards.

 

 

 

 

 

Sponsorship Package: 

 

 

Please complete and return to AICT Secretariat the Sponsorship booking form for the required information along with your organisation's choice of sponsorship and for the further details on the sponsorship opportunities or queries.

 

 


 

Diamond Sponsor

 

 

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

 

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.

 

   ____________________________________________________ ◆ ____________________________________________________ 

 

 

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

 

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.

 

 


 

Key Vision:Dabajianshan (Dabajian Mountain)

 

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.

Dabajianshan was believed to be the holy sacred ground by the Atayal and Saisiyat native tribes. Reaching the top of the mountain was forbidden by the locals, not until the Japanese conquered the peak in 1927. But tales was told the taste of the spring from the mountain was never the same wine-like as it was. With high altitude, the scenery crosses through four environmental zones along the way up. The stunning mountain views and the beautiful natural habitat, Dabajianshan is the holy grail for Taiwan mountain climbing.

This unusual looking mountain is one of the 100 Top Taiwan Mountains. Dabajianshan can be very adventurous for extreme climbing and can be very easy for casual hiking, both with excellent mountain sceneries and abundant nature to explore.

 

Reference: 【TravelKing

 

 

 

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