JRS (draft) - Singapore 0705 - Actuarial Society of Hong Kong

OBJECTIVE
Jointly organized by the Actuaries Institute Australia, Institute & Faculty of Actuaries, and Society of
Actuaries (China Region Committee) with the support of local actuarial bodies, this Joint Regional Seminar
is designed to assist actuaries and other professionals in meeting CPD requirements.
THE SEMINAR
Our theme this year for Asia's largest annual event for actuaries is "Insurance Products ‐‐ Going Beyond the
Numbers".
Our aim is to make this year somewhat different from the past by providing a non‐conventional/traditional
actuarial seminar by giving you insights and perspectives from people outside of the day‐to‐day actuarial
field. To help/encourage/stimulate wider thinking about insurance products.
So our impressive panel of speakers will present and share with you their personal and/or corporate
perspectives and insights on products and/or product development.
The perennial search by insurers for the "killer product" continues. Some would say, however, don't keep
trying to find "a product solution to a distribution problem". Wrapped within these statements is an
endemic issue for insurers. We have become accepting of the situation that "insurance is sold and not
bought", ie, our business and products are push rather than pull. But does it HAVE to be that way What do
customers need and want
In this seminar we will consider "product" and/or "product development" from a host of different
perspectives as well as provide some ideas and food for thought on insurance products. The objective is to
stimulate your thinking beyond that of your day‐to‐day thinking and activities related to "product". We aim
to encourage you to think more widely than some actuaries are typically considered to do with respect to
"product" and certainly that "product" is about much more than just actuarial pricing.
WORKSHOP
The workshop will cover several 'all in' universal business case studies through utilizing group discussions.
CPD
The Joint Regional Seminar qualifies for (Actuaries Institute Australia/ IFA/ SOA/ ASHK) Continuing
Professional Development (CPD). Actuarial members may find it a useful contribution to their personal
professional development. The amount of hours recorded is left to the discretion of the individual.