1. Healthcare

17th GLOBAL CONFERENCE OF ACTUARIES
Changing Risks, Expecting the Unexpected
nd
2 - 3rd FEBRUARY, 2015 AT RENAISSANCE HOTEL (POWAI), MUMBAI
Monday - DAY 1: 02/02/2015
No.
Time
S0
0700 - 0845
Sessions
Chairperson
Presenters
Page |
1
Plenary
Session [P1]:
Inaugural
1045 - 1115
S2
1115 - 1230
Plenary
Session [P2]:
Current
Topics
1230 - 1330
S3
No.
C1.1
1330- 1415
Dilip Chakraborty,
Kshitij Jain, MD & CEO, Exide
Chair - 17th GCA
Life, India
Organizing
Group, IAI, India T S Vijayan, Chairman - IRDA,
India
K Subrahmanyam, ChairAdvisory Group on Peer,
Stakeholder and International
Relations, IAI, India
Tea Break
Fiona Morrison,
President, IFoA,
UK
Welcome & Opening
Comments
Special Address
Setting the Scenario
Keynote Address
Vote of Thanks
Fiona Morrison, President,
IFoA, UK
Diversity and the
importance of promoting
actuaries on a global
stage
Nishit Majmudar, CEO, Aviva,
Singapore
Current Issues on Life
Insurance Global
G Srinivasan, CMD, New India
Assurance Co. Ltd, India
Current Issues on
General Insurance in
India
D K Pandit, Partner, M/s
K.A.Pandit, India
Current Issues on
Retirement Benefits
Practice in India
Concurrent Sessions: Life Insurance
Sessions
Appointed
Actuaries
Session:
(Panel)
Chairperson
Chandan
Khasnobis,
Director and
Appointed
Actuary,
IndiaFirst Life
Insurance
Company Ltd,
India
Presenters
Chandan Khasnobis, Director
and Appointed Actuary,
IndiaFirst Life Insurance
Company Ltd, India
Chirag Rathod, Appointed
Actuary & Director - Products &
Strategy, Canara HSBC
Oriental Bank of Commerce
Life, India
B N Rangarajan, Chief Risk
Officer and Appointed Actuary,
Exide Life, India
Topic
Introduction
Regulation, Actuarial &
Business Issues
Panel Discussion and Q& A
C1.2
C1.3
1415 - 1445
1445 - 1600
GB
Lunch Partner
1330-1600
Time
Venue
Registration
Dilip Chakraborty, Chair - 17th
GCA Organizing Group, IAI,
India
Rajesh Dalmia, President - IAI,
India
0900 - 1045
Topic
N M Govardhan,
Actuary and
Former
Chairman, LIC of
India
GB 2
Introduction by Chair
M Karunanidhi, Executive
Director – Actuarial Services,
RGA, India
Behavioral Drivers of
Mortality Experience
Dr. Wolfgang Droste, Chief
Advisor, Asia, Gen Re,
Germany
Results from Gen Re's
Survey on Critical Illness
Richard Holloway,
MD, South East Andrew Rallis, Executive Vice
President and Global Chief
Asia, Milliman,
Actuary, MetLife, USA
Singapore
Chairperson
Global emerging actuarial
issues and the role of
emerging markets in
meeting actuarial needs
Closing Remarks,
Comments and Q & A
1
17th GLOBAL CONFERENCE OF ACTUARIES
Changing Risks, Expecting the Unexpected
nd
2 - 3rd FEBRUARY, 2015 AT RENAISSANCE HOTEL (POWAI), MUMBAI
S3
No.
Page |
2 C2.1
1330-1600
Time
1330- 1415
Concurrent Sessions: GI & HI
Sessions
Appointed
Actuary
Session:
(Panel)
Chairperson
Biresh Giri,
Appointed
Actuary, Max
Bupa, India
Presenters
Biresh Giri, Appointed Actuary,
Max Bupa, India
Tania Chakrabarti, Appointed
Actuary, Royal Sundaram
Alliance Insurance Company
Limited, India
Topic
Regulation, Actuarial &
Business Issues
Mayur Ankolekar, Appointed
Actuary, ECGC, India
Panel Discussion and Q& A
C2.2
G N Agarwal,
Past President,
IAI, India
1415-1445
Introduction by Chair
Darryl Wagner, Principal,
Deloitte, US
GB 1
Actuarial Modernization
Introduction by Chair
C2.3
S3
No.
1445 - 1600
1330-1600
Time
C3.1 1330- 1445
C3.2
1445 - 1600
Health
Insurance –
Consumer
Behaviour
and Risk
Evaluation
Andrew Wong,
CEO
Reinsurance,
Asia Pacific,
Munich Re,
Singapore
1630 - 1730
1800 - 2030
Applying behavioral
economics lessons to
Health Insurance
Dr. Sidharth Kachroo, Head of
Client Management, Munich
Health, South Asia, Munich Re,
Singapore
Concepts and Impact of
Risk Assessment in
Health Insurance
Chairperson
Closing Remarks,
Comments and Q & A
Concurrent Sessions: Pension & Others
Sessions
Chairperson
Presenters
Saket Singhal, Consulting
Actuary, India
Scheme
Actuary
Session
(Panel)
Saket Singhal,
Consulting
Actuary, India
M M Chitale, CA,
Partner, Mukund
M. Chitale & Co,
India
1600 – 1630
S4
Arjun Kumar Kanduri, Vice
President - Product Actuary,
Swiss Re, India
IAI Student Event
Topic
A D Gupta, Consulting Actuary,
M/s Charan Gupta Consultants
Pvt. Ltd, India
R Arunanchalam, Consulting
Actuary, Cholamandalam MS
General Insurance Company
Ltd., India
Dr. K Sriram, Consulting
Actuary, India
Panel Discussion and Q& A
Regulation, Actuarial &
Business Issues
M M Chitale, CA, Partner,
Mukund M. Chitale & Co, India
Accounting Standards on
Employee Benefits (AS
15)
Manoj Fadnis , Vice President,
ICAI, India
Improving Disclosures in
Financial Statements Strengthening Corporate
Governance.
Dinesh Khansili, PartnerMithras Consultants- An
Actuarial Firm, India
Serving the Public
Interest:Co-existence of
Accounting and Actuarial
Profession
Chairperson
Closing Remarks,
Comments and Q & A
Tea Break
Fiona Morrison, President, IFoA
& Derek Cribb - Chief
Executive, IFoA, UK
2015 AGFA & Cocktail Dinner
The elevator pitch
PB
Powai
Ballroom
Grand
Ballroom
2
17th GLOBAL CONFERENCE OF ACTUARIES
Changing Risks, Expecting the Unexpected
nd
2 - 3rd FEBRUARY, 2015 AT RENAISSANCE HOTEL (POWAI), MUMBAI
DAY 2: 3.02.2015
No.
Time
0830 - 0915
Page |
3
S5
S6
0930 -1045
Sessions
Plenary
Session [P3] Pension &
Others
Plenary
Session [P4]
1045 - 1200
Panel
Discussion
Chairperson
Rajesh Dalmia,
President, IAI,
India
Pournima Gupte,
Member, IRDA,
India
Presenters
Tea and Coffee
Session
Rajesh Dalmia, President, IAI,
India
Welcome & Setting the
Scenario
Hemant G Contractor ,
Chairman, PFRDA, India
Regulatory Challenges in
Pension Industry
Emily Gingrich, Vice President –
US Defined Benefit (DB)
AIG Life & Retirement, FSA,
environment
USA
Dilip Chakraborty, Senior
Advisor, Towers Watson, India
Sum Up and Vote of
Thanks
Pournima Gupte, Member,
IRDA, India
A brief update on
actuarial issues
Vivek Jalan, Director - Risk
Consulting, Towers Watson,
India
IPO in Insurance industry
S S Gopalarathnam, MD,
Cholamandalam MS General
Insurance Co. Ltd., India
Actuaries Role in GI –
Challenges and
Opportunities
Ankur Agarwal, Head - Actuarial
Function, AXA Business
Services Pvt. Ltd, India
Maturation of Global
Actuarial Function in India
GB
Panel Discussion and Q & A
S7
1200 - 1300
1300 - 1530
No.
Time
C1.4 1300 - 1415
Lunch
Concurrent Sessions: Life Insurance
Sessions
Current
Industry
Issues:
(Panel)
Chairperson
Kamalji Sahay,
Advisor, GIC Re,
India
Presenters
Topic
Kamalji Sahay, Advisor, GIC
Re, India
Current state of
Bancassurance
Sudhin Roy Chowdhry, Ex
Member (Life) IRDA, India
Regulation and impact on
Life Industry
Sushobhan Sarker, Director,
NIA, India
Insurance Education
Thomas Mathew, Ex Chairman
in Charge, LIC of India
Distribution of Life
Insurance Products
Panel Discussion and Q & A
Presentation
C1.5 1415 - 1530 by IAI
members
Introduction by Chair
1. Subhash Chandra, Associate
Director - Life Reinsurance, Aon
Benfield, Asia Pacific,
Singapore
2. Pierre Vende, Head of
Sanjeev Pujari,
Accident, Health and Life Aon
Executive
Benfield, Asia Pacific,
Director Singapore
Actuarial & Risk
1. Shamit Gupta, Consulting
Management and
Actuary, Milliman, India
Chief Risk Officer,
2. Alex Bryant, Consulting
SBI Life
Actuary, Milliman, Singapore
Insurance Co.
1. C. Srinivasa Kumar, Deputy
Ltd, India
Director, Actuarial, IRDA, India
2. S Karthikeya Sarma ,
Assistant Director, Actuarial,
IRDA, India
Chairperson
1530 -15.40
Vote of
Thanks
Pandemics and other
Catastrophes: managing
the impact on your life
and health portfolio
Grand
Ballroom 2
Participating business in
India: where do we go
from here?
Changing product
designs
Closing Remarks,
Comments and Q & A
Sanjeev Pujari, Chairperson,
Advisory Group on Life
Insurance, IAI, India
3
17th GLOBAL CONFERENCE OF ACTUARIES
Changing Risks, Expecting the Unexpected
nd
2 - 3rd FEBRUARY, 2015 AT RENAISSANCE HOTEL (POWAI), MUMBAI
S7
1300- 1530
No.
Time
C2.4
1300- 1400
Concurrent Sessions: 3rd February, 2015 - ERM & Others
Sessions
Ageing
Population
Page |
4
Chairperson
Presenters
Introduction by Chair
PA
Frank Ashe, Owner,
Balasubramanian, Quantitative Strategies,
Ex Member (Life), Australia
IRDA, India
Chairperson
Topic
Problem ? What
Problem? An heretical
perspective on the ageing
population burden
Closing Remarks,
Comments and Q & A
Introduction by Chair
Simon Walpole, Partner,
Deloitte Consulting, Hong Kong
Presentation
C2.5 1400 - 1530 by IAI
members
B N Rangarajan,
Chief Risk Officer
and Appointed
Actuary, Exide
Life, India
1. Sonjai Kumar, HeadInsurance and Financial Risk ,
Aviva India, India
2. Rajiv Mukherjee, Associate,
IAI, India
Atmaram Cheruvu, India
Representative - Non-life,
Hannover Re Consulting
Services India Pvt Ltd, India
Chairperson
1530 -15.40
S7
No.
1300- 1530
Time
C3.3 1300 - 1415
Vote of
Thanks
Sessions
IAI Research
Paper
Presentation
C3.4 1415 - 1530 by IAI
members
S8
1530 -15.40
Vote of
Thanks
1540 - 1600
Registration
1600 - 1700
A structured approach to
defining and identifying
risk
Role of Actuaries in ERM
Issues in implementation
of ERM in Non-Life
Insurance Company
Closing Remarks,
Comments and Q & A
B N Rangarajan, ChairAdvisory Group on ERM, IAI,
India
Concurrent Sessions: 3rd February, 2015 - Pension
Chairperson
Presenters
Topic
Introduction by Chair
K K Wadhwa,
Vinod Kumar, Head of
Salary Trend in Public
Consulting
Research, IAI, India
Sector Banks
Actuary, India
Closing Remarks,
Chairperson
Comments and Q & A
Introduction by Chair
Kulin Patel, Client Account
Global update on
Management, Towers Watson,
Retirement Benefits
K
India
Subrahmanyam,
Sakshi Gupta, Process
Consulting
Canadian Mortality
Champion, Mercer Consulting
Actuary, India
Studies
India Pvt. Ltd, India
Closing Remarks,
Chairperson
Comments and Q & A
K Subrahmanyam, Chair Advisory Group on Peer,
Stakeholder & International
Relations, India
Registration for fellows
Registration & Tea/Coffee
for CPD on Day 2
(Compulsory)
IAI Student Event & Prize Distribution By IFoA and
IAI
GB 1
Soft skills - putting the
lessons into practice
PB
Grand
Ballroom
FLOOR PLAN
4