Events

The Latest Trends and Topics in China Insurance Market – Sharing and Discussion (Hybrid event in Shanghai)
Thursday 18, January, 2024

The Institute and Faculty of Actuaries (IFoA) Greater China Team is pleased to host a technical member event which will be live streamed in Shanghai on 18 January 2024 evening with the theme ‘The Latest Trends and Topics in China Insurance Market – Sharing and Discussion’.

We look forward to your participation onsite or virtually and listen to the insights from specialists in life and healthcare fields! 

The event will be free of charge for all IFoA members. Registration for onsite attendance is now open till COP 15 January 2024. Limited space is available on a first-come-first-served basis. 

 

Highlights

We’re honoured to have Ms. Flora Shao, Regional Chief Actuary, Gen Re Life/Health China & Hong Kong SAR and Mr. Haifei Chen, Regional General Manager, Gen Re Asia as our speakers of the event. They will deliver presentation on ‘Long Term Care and Its Pilot Solutions in China’ respectively’ and ‘The Impact of the Low Interest Environment – Experiences from Overseas Markets’. Guest speakers and floor members will be invited to exchange their views on how insurers would deploy countermeasures against the challenges from long-term low interest rate environment and seize the opportunity for commercialization expansion of elderly healthcare in China.

Presentation One: The Impact of the Low Interest Environment – Experiences from Overseas Markets

Speaker：Mr. Haifei Chen, Regional General Manager, Gen Re Asia

  • Introduction to the low interest rate environment in China and its impact on life insurers
  • Share holistic vison on the historical impacts of declining interest rates to overseas life insurance industry
  • Strategy change and countermeasures of overseas life insurance companies from the perspectives of asset allocation, product and pricing, business management, etc.

Presentation Two: Long Term Care and Its Pilot Solutions in China

Speaker: Ms. Flora Shao, Regional Chief Actuary, Gen Re Life/Health China & Hong Kong SAR

  • Introduction to the existing operation mode of social long-term care insurance in China
  • The implementation practices in different pilot areas and observations on the outcomes
  • Exploration of the commercial long-term care insurance development: product features, challenges and risk management

 

Event Details

  • Date and Time: Thursday, 18 January 2024, 18.30-21.30 (GMT+8)  [sign-up starts at 18.30 and the presentation starts at 19.30] 
  • Venue & address: Junior Ballroom, JW Marriott Hotel Shanghai at Tomorrow Square, 5F，399 Nanjing West Road, Huangpu District, Shanghai, China
  • Language: Mandarin Chinese  
  • Fee: Free admission for IFoA members. Canape and soft drinks will be served onsite.     

 

Agenda

  • 18:30 - 19:30 Registration and networking
  • 19:30 - 19:35 Welcome address by the IFoA - livestream starts
  • 19:35 - 20:05 Presentation One: The Impact of the Low Interest Environment – Experiences from Overseas Markets (including Q&A for appx 5 mins)

Speaker：Mr. Haifei Chen, Regional General Manager, Gen Re Asia

  • 20:05 - 20:35 Presentation Two: Long Term Care and Its Pilot Solutions in China (including Q&A for appx 5 mins) - livestream ends

Speaker：Ms. Flora Shao, Regional Chief Actuary, Gen Re Life/Health China & Hong Kong SAR

  • 20:35 – 21:30 Networking
  • 21:30 Event closing

 

Event Registration  

  • The event is free and open to all IFoA members on a first-come-first-served basis. Registration for onsite attendance is now open till COP 15 January 2024.     
  • If the registration for onsite attendance reaches the capacity limit, please email China@actuaries.org.uk to register for a waiting list.    
  • If you cannot attend onsite after registration, please email China@actuaries.org.uk by 15 January 2024 with your ARN to cancel your booking, so we could release the vacancy to other delegates.     

 

1. Registration for ONSITE Attendance: https://forms.office.com/e/DZK063Ar2C 

2. Registration for VIRTUAL Attendance: https://events.teams.microsoft.com/event/90190fb5-e1f8-455a-b54c-2bd4990d319e@5c3fb5be-adad-4b0e-920f-8df7f9deac74  

Note:

  • Registrants will receive email confirmation at least 2 days before the event.    
  • If you have further queries regarding this webinar or need further assistance, please contact China@actuaries.org.uk.

 

Speakers

Ms. Flora Shao, FIA, FCAA

Regional Chief Actuary, Gen Re Life/Health China & Hong Kong SAR

Ms. Flora Shao is Regional Chief Actuary, Gen Re Life/Health China. Her main responsibility involves actuarial pricing, data analytics and new product research of Life and Health business in Mainland China and Hong Kong SAR, and to provide actuarial advice along with technical support for Gen Re clients. Flora has nearly 20 years of experience in the insurance industry. Prior to her current role, she gained product management, actuarial valuation, and strategic merger/acquisition experiences in life (re)insurance companies and consulting firms. Flora is a Fellow of Institute and Faculty of Actuaries (IFoA) and a Fellow of China Association of Actuaries.

 

Haifei Chen, FSA

Regional Geneal Manager, Gen Re Asia

Mr. Haifei Chen is Regional General Manager, Gen Re Asia. He leads Gen Re’s Life/Health business in mainland China and Hong Kong SAR. Haifei started his career in Singapore and has nearly 20 years of experience in life insurance and reinsurance industry. Haifei joined Gen Re in 2006. He assumed roles of Chief Representative of Beijing Office and Deputy General Manager of Shanghai Branch, General Manager of Gen Re Life/Health China. Haifei specializes in product development, marketing and corporate management. He holds a Master’s Degree in Science and is a Fellow of the Society of Actuaries (FSA).

The IFoA Professional Skills Training (PST) Event in Hong Kong on 1 November 2023 （Hybrid)
Wednesday, 1，November, 2023

The IFoA is always committed to supporting our members in attaining the high levels of professionalism that assure our profession’s global reputation. The IFoA Greater China Team is glad to hold a Professional Skills Training (PST) onsite event that will be livestreamed in Hong Kong on 1 November 2023 evening.      

We are honoured to have Mark Saunders FIA (Senior Advisor, Blackstone) as our PST event moderator, Orchis Li FIA (Chair of Hong Kong Federation of Insurers, General Manager of Gen Re’s Hong Kong Branch), Jeremy Porter FIA (Chief Risk Officer, FWD Group) and Chris Hancorn FIA&FASHK (Group Chief Actuary, AIA) to deliver keynote speeches and join Mark in a panel discussion.      

The event will be free of charge for all IFoA members. Registration for onsite attendance is now open till COP 25 October 2023, limited space available on a first-come-first-served basis.         

Highlights

The event will cover the intersection of DE&I and professionalism in actuarial practice, key elements of the IFoA framework for professionalism, ‘Speaking Up” and “Communication’, ‘Preparing to take on a new assignment’, and interactive discussion based on the latest 2023/24 IFoA Professional Skills Toolkit and many more.  

Event Details 

  • Date and Time: Wednesday, 1 November 2023, 18.30-21.30 (GMT+8)    
  • Venue & address: Club @28 VIP Lounge & Bar area, 28/F, Crowne Plaza Hong Kong Causeway Bay, 8 Leighton Road, Causeway Bay, Hong Kong  (香港铜锣湾礼顿道8号, 香港铜锣湾皇冠假日酒店, 28层)   
  • Language: English   
  • Fees: Free of charge for all IFoA members    
  • *Canapes and soft drinks will be served.     

Agenda

  • 18.30-19.30：Registration and networking (soft drink and main Canapes will be served onsite)   
  • 19:30-19:35:  Opening by IFoA Greater China team (livestream starts)   
  • 19.35-20:20：Keynote speeches by Orchis Li, Jeremy Porter and Chris Hancorn    
  • 20:20-21.00：Pannel discussion moderated by Mark Saunders (livestream ends)   
  • 21:00-21.30：Networking    
  • 21.30:             Event closing     

Event Registration  

  • The event is free and open to all IFoA members on a first-come-first-served basis.  Registration for onsite attendance is now open till COP 25 October 2023.     
  • If the registration for onsite attendance reaches the capacity limit, please email China@actuaries.org.uk to register for a waiting list.    
  • If you cannot attend onsite after registration, please email China@actuaries.org.uk by 29 October 2023 with your ARN to cancel your booking, so we could release the vacancy to other delegates.     

1. Registration for ONSITE Attendance: https://forms.office.com/e/ucVRLLywyk 

2. Registration for VIRTUAL Attendance: https://events.teams.microsoft.com/event/c7595ea5-9f6c-4f09-b5d2-a4d91737d140@5c3fb5be-adad-4b0e-920f-8df7f9deac74 or scan the QR code  

Note: Registrants will receive email confirmation at least 2 days before the event.    

Speakers  

  • Mark Saunders, FIA  Senior Advisor, Blackstone    
  • Orchis Li, FIA  Chair of Hong Kong Federation of Insurers, General Manager of Gen Re’s Hong Kong Branch   
  • Jeremy Porter, FIA   Chief Risk Officer, FWD Group    
  • Chris Hancorn, FIA, FASHK Group Chief Actuary, AIA Group 
Explore the Development of the Pensions Market in China Based on Global Experience
Tuesday, 27 December 2022

The IFoA Greater China team will hold a webinar "Explore the Development of the Pensions Market in China Based on Global Experience" at 19.00-20.30 (GMT+8) on Tuesday, 27 December 2022. We are very pleased to have Mr Steven Yang Yu (FIA) as the keynote speaker.

This webinar is free and open to all IFoA members.

Agenda (tentative)

  • 18.50-19.00: Online dial-in opens (for audience to test device and connection)
  • 19.00-19.05: Welcome speech
  • 19.05-20.05: Keynote speech
    • Overview of the international pensions market
    • The pensions market in the UK, including regulatory and policy framework, products, investments, and services
    • Current pensions market in China, including regulatory and policy framework, products, investments, and services
    • Outlook of the pensions market in China and career development opportunities for actuaries
  • 20.05-20.30: Q&A

Webinar format

  • Zoom webinar

Language

  • Mandarin Chinese

How to register

  • Online registration via Zoom: https://us06web.zoom.us/webinar/register/WN_a9fWssntSISY33yUd7DLUw
  • For IFoA members: Please provide your ARN for us to verify your membership.
  • For non-members, please mark "non-member" in the ARN area when registering and provide employer/job information. The webinar is on a first come, first served basis. If seats are available before the meeting, dial-in details may be provided to non-members who registered early.

Participants who register successfully will receive an email notice from Zoom with dial-in information within 2 working days after registration. Please ensure that your email address and ARN/registration information provided by non-members are accurate and valid.

Contact us

If you need assistance with this event, please contact the IFoA Greater China team at China@actuaries.org.uk

Biography of the speaker

Mr Steven Yang Yu, FIA

Mr Steven Yang Yu is the Founder and CEO of Yu Yuan Technology Ltd which is the fintech company of Redington in China. In the past 16 years, Steven has provided professional asset liability management, asset allocation, financial planning, risk compliance solutions as well as related technology products and services to large institutional investors such as pension funds and insurance companies globally. His team has been very influential around the world, which services clients with combined assets over 7,000 billion RMB. Steven holds both Bachelor and Master degrees in mathematics from the University of Cambridge and a Master degree in Actuarial Science from Bayes Business School (formerly Cass). Steven qualified as the investment actuary of the IFoA in 2011. Steven is the former IFoA Council member (2019-2022).

Joint Regional Seminar 2022
Tuesday, 20 September 2022

Regional event notice | Joint Regional Seminar 2022

The Joint Regional Seminar (JRS) is an annual Life and Health Insurance event co-organised by the Institute and Faculty of Actuaries and Actuaries Institute Australia with the support of the local actuarial societies in the region. It is designed to assist actuaries and other professionals to gain insights across the APAC markets and support their continuous professional development (CPD) requirements.

Insurance is one of the largest global industries, holding a significant portion of global economic assets and liabilities on their balance sheets. As a corporation, risk manager, insurer and investor, the insurance industry can play a role to develop a climate-resilient community and accelerate the transition to a net-zero emissions economy. Hence, this year’s theme is “Sustainability – The Ecosystem for the Insurance Industry”.

 

Regional Programme and Local Programmes

The Regional Programme will be delivered online to actuaries in participating jurisdictions, Vietnam, Hong Kong, Taipei, Kuala Lumpur, Jakarta, and Bangkok. Four topics have been selected for the regional programme hosted virtually on 20 September 2022.

Each supporting association will then host their own second half-day local program and the format could be online or in-person. Please refer to the registration information part for further information.

Agenda of the Regional Programme on 20 September 2022

Tuesday 20 September 2022, via Zoom (GMT+8)

2:00-2:10pm: Opening Remarks

2:10-2:55pm

Asset liability management under new regulatory and accounting regime

David Wong, Partner, Ernst & Young

3:00-3:45pm

Unleashing insurance upsell opportunities by leveraging post-IFRS17

insurance data granularity

Christopher Tam, Director, Deloitte

Are our products sustainable? An expensive lesson from COVID

Ivan Lee, Head Life & Health Pricing SEA, Swiss Re

4:40-5:25pm

Is COVID over? What have been the direct and indirect impacts of the pandemic on mortality and morbidity claims experience? Find out how the industry responded and how it views the challenges ahead

Mariette Thulliez, Chief Pricing Actuary, Asia-Pacific, Life & Health, PartnerRe

5:25-5:30pm

Closing Remarks

 

Language

In English

 

Registration information

Please refer to the registration links from supporting associations below, to get detailed information of corresponding agenda and fees.

Participants need to register via local association(s) event link to attend both Regional Programme and the corresponding Local Programme.

Vietnam Insurance Development Institute& Insurance Association of Vietnam

Actuarial Society of Hong Kong

Actuarial Society of Chinese Taipei

Actuarial Society of Malaysia

The Society of Actuaries of Indonesia

Society of Actuaries Thailand

 

Contact us

If you have further queries regarding the Regional Programme, please contact jing.zhang@actuaries.org.uk. If you have further queries regarding the Local Programme, please contact the local association directly.

A Refresher Session: CPD and Reflective Practice Discussion (RPD)
Thursday，15 September 2022

The IFoA will hold a free, online information session of Continuing Professional Development (CPD) and Reflective Practice Discussion (RPD) for the IFoA members based overseas, especially those in Asia Pacific region, on 15 September 2022.

The webinar will:

  • Provide a refresher session on the Continuing Professional Development (CPD) scheme which was introduced on 1 September 2020
  • Explain what is involved in the Reflective Practice Discussion (RPD) which is part of the CPD requirement, and what is involved in the RPD when contacted by an IFoA Reflective Practice Advisor(s)
  • Encourage speakers and audience to discuss findings and observations gained since the introduction of RPD
  • Provide some tips on how actuaries can get the most out of the CPD scheme and RPD

The format will be interactive with discussion and perspectives from the audience welcome.

Time

  • 15 September 2022, Thursday, 16.00-17.00（GMT+8）/9.00-10.00 (BST) [Online log-in opens 15.45-16.00]

Venue and format

  • Zoom webinar
  • Language: English

Registration 

The webinar is free for the IFoA members and on a first-come-first-served basis. Please register via the link: https://us06web.zoom.us/webinar/register/WN_IGGzXhJ9Qa2A13PPatdNww

Registrants will receive automatic email with dial-in details after online registration.

Speakers' biographies

Stephanie Snowden

Stephanie Snowden is a Regulatory Support Manager at the IFoA and oversees the delivery of the CPD requirements, primarily the operation of the Reflective Practice Discussions programme, and the Practising Certificates Scheme.

Caoimhe McKinney

Caoimhe McKinney is a Reflective Practice Advisor at the IFoA. She manages the Reflective Practice Discussions programme, providing a supportive, meaningful experience for members selected to participate in an RPD with the IFoA. 

Contact us

If you need further assistance regarding the event, please feel free to contact Vanessa Loo, Markets Support Specialist, Southeast Asia or Jing Zhang,Markets Support Specialist, Greater China.

Pages