January - Actuarial Society of India

C1: Concurrent Sessions on Health Care Insurance
RNI NO. - AHENG/200/242
Published on 1 th of every month
India Employee Benets Update
An annual update on employee benets in India and relevance to consulting actuaries
How are costs and risks of employee benets measuring up
What can actuaries be highlighting to corporates in the next 12 months
Postal Registration No. - H/R/South/2/2012-14
Posted between 1 th - 23 rd of every month
WHY ATTEND 15 Th GCA? ... TEASERS FROM SOME SPEAKERS...
C2: Concurrent Sessions on Pension, Employee Benets & Social Security
Kulin Patel, India
Use of redit info in U Pricing decisions
For over two decades, Indian Insurers have used a set of rating factors to assess otor O risk, that largely hinges on vehicle & broad
geography parameters. Accidents are caused by driver’s and driver related parameter is something that a few insurers have tried with
limited success, in the past couple of years. Credit history of the insured is a rating parameter that is both a powerful risk indicator as
well as convenient to use. In an advanced market like USA or U where there are multivariate parameters for rating (both on driver
& vehicle, credit has made a signicant additional impact as a rating parameter. The situation in India will be more impactful as the
number of rating parameters is minimal and driver parameters are still very nascent.
LexisNexis has successfully used insurance scores based on Credit history for over a decade.
C4: Concurrent Sessions General Insurance
Kenneth Cunningham, London
Development paths of the life insurance and reinsurance industry a comparison of India hina and Brail markets eperience
Which market will grow faster, offers better prospects for shareholder return, delivers the best value to customers and contributes
the most to the development of the economy A comparison of three vibrant life insurance markets covering the key factors driving
their development to date and their potential for the future.
Plenary Session [P]The role of life and health reinsurance in emerging markets – a comparison of China, India, and Brazil experiences
David O’Brien, Hong Kong
laims Volatility in Health Portfolio
The performance of health portfolios is often volatile and therefore difcult to predict.
This is rather surprising since health insurance business is characterized by rather high incident rates and the mathematical law of
large numbers should hence allow a rather safe performance forecast.
The speaker will present examples to highlight reasons for such volatility and also propose mitigation actions to reduce the potential volatility
of health portfolios and allow a safer performance forecast to the benet of the insurance company and its customers.
Herbert Meister, Singapore
Advanced Analytics and role of actuaries to play
Advanced Analytics is one of the hottest topics in the market today. arryl will discuss how this innovative approach is impacting
the insurance industry and roles that actuaries can play in this exciting and rapidly growing eld.
Evolution and future of the actuarial organization
Darryl Wagner, US
Regulatory changes in Singapore and implications for Asia-Pacic
New changes in Singapore regarding RBC and agent compensation can have far
reaching consequences. This talk will go into detail what it all means.
Plenary Session [P1]Regulatory changes in Singapore and implications for Asia-Pacic
Jill Hoffman, Singapore