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Title: 16th GCA & 2014 AGFA
Event Start Date: 17 Feb 2014
Event End Date: 18 Feb 2014
Venue: Renaissance Mumbai Convention Centre Hotel
City: Mumbai
CPD Hours: 6
 
16th GCA Programme Schedule
 
Presentations
Plenary Sessions 1, Day 1 - 17th Feb 2014

 Inaugural Session  --  Click here for Presentation

Chairperson: Dilip Chakraborty - 16th GCA Organizing Group

  • Speakers:
  1. Vivek Kuruvila, Head of Life and Health Client Markets, India,  Swiss Re
    Topic: Setting the scenario
  2. M. Karunanidhi,   President – IAI
  3. Robert Burr, Head of Life and Health, Asia, Swiss Re
    Topic: Significant development in International and Indian Insurance and Reinsurance market in 2013
  4. T S Vijayan, Chairman – IRDA
  5. Vote of thanks -  K Subrahmanyam, Chair- IAI Advisory Group on Peer, Stakeholder and International Relations
Plenary Sessions 2, Day 1 - 17th Feb 2014

Session A: From IFoA  --   Click here for Presentation

Chairperson: K S Gopalakrishnan- MD & CEO of AEGON Religare Life Insurance Company and Vice-President, IAI

  • Speakers:
  1. David Hare - President, Institute & Faculty of Actuaries
    Topic :
    The Changing Role of the Actuary - Ramping up our Relevance

Session B : Panel Discussion on Insurance & Pension Industry: Hot Topics and Current Problems

  1. John Holden, CEO, Canara HSBC Oriental Bank of Commerce Life Insurance Company India
    Topic:
    Greed, Fear, Complacency, Confusion, Remorse and Pride (Ready for a new distribution paradigm)
  2. D K Pandit, Partner, M/s K A Pandit
    Topic:
    Retirement Benefits
  3. Asha Nair, Director & General Manager, United India Insurance Co. Ltd.
    Topic:
    Problems in the General Insurance Industry in the current situation
  4. Torben Thomsen - Chief Pricing Officer, Life and Health, Swiss Re
    Re-Insurance
Plenary Session P3, Day 2 - 18th Feb 2014
Global and India Development  --   Click here for Presentation

Chairperson: Dilip Chakraborty - 16th GCA Organizing Group

  • Speakers:
  1. Vivek Jalan - Director, Risk Consulting, Towers Watson, (India)
    Topic :
    The Changing Role of the Actuary - Ramping up our Relevance
  2. Dr. Achintan Bhattacharya - Director NIBM and Retired Joint Secretary, DFS, Ministry of Finance, Government of India, (India)
    Topic :
    Prospects of Indian Economy & Financial Services Industry -Investment & Banking
Plenary Session P4, Day 2 - 18th Feb 2014
Actuaries & Accountant, and Business Strategy  --   Click here for Presentation

Chairperson: Richard Holloway - Managing Director – South East Asia and India, Life, Milliman India Private Limited (Singapore)

  • Speakers:
  1. M M Chitale - Chairperson, NACAS & Ex President, ICAI, (India)
    Topic :
    Need for co-ordination between Actuaries and Chartered Accountants
  2. Gary Comerford - Chief Marketing Officer, RGA Services India Pvt. Ltd., (Canada)
    Topic :
    Five game changes for Life Insurance Industry
IAI Student Forum, Day 1 - 17th Feb 2014
IAI Student Forum  --   Click here for Presentation

Chairperson: G L N Sarma - Managing Director, Hannover Re Consulting Services India, (India)

  • Speakers:
  1. Derek Cribb - CEO, IFoA; (UK)
    Topic : Certified Actuarial Analyst: A new credential for a changing market
  2. Frank McInerney - General Manager, Life/Health, Gen Re, (Singapore)
    Topic : Communication - Why & How? & Advantages of Communication
  3. Sumit Seth - Managing Director, Forum India; (India)
    Topic : Effective Communication

Concurrent Session

C1: Concurrent Sessions on Health Care Insurance, Day 1 - 17th Feb 2014

C1.1: Current Issue Session No Presentations

Chairperson: Biresh Giri, Appointed Actuary, Max Bupa Health Insurance Co Ltd, (India)

  • Speakers:

1.Herbert Meister, Chief Actuary, Asia Pacific, Munich Health (Singapore)
2.Alam Singh, Independent Consultant, (India)
3.Shreeraj Deshpande, Head – Health Insurance Future Generali India Insurance Company Ltd. (India)

C1.2: Click here for Presentation

Chairperson: Akshay Pandit - Partner, M/S K A Pandit (India)

  • Speakers:

1.Marianne Gilchrist, Head of Health Solutions, Reinsurance Client Markets, Swiss Re, (South Korea)
Topic : Health Products and Solutions in Asia
2.Winnie Ching, Senior Client Manager, Health Solutions, Asia, Swiss Re, (Singapore)
Topic : Risk Management in a guaranteed issue world

C2: Concurrent Sessions on Pension, Employee Benefits & Social Security, Day 1 - 17th Feb 2014

C2.1:Panel Discussion  --   Click here for Presentation

Topic: Current Issues on Pension

Chairperson: A D Gupta, Consulting Actuary, Charan Gupta Consultants Pvt. Ltd., (India)

  • Speakers:

1.Anuradha Sriram, Head - Employee Benefit Consulting, Towers Watson (India)
2.Saket Singhal, Consulting Appointed Actuary at Tata AIG General, (India)
3.K Subrahmanyam, Consultant Actuary, KN Actuaries & Consultants, (India)

C2.2:  --   Click here for Presentation

Chairperson: D K Pandit -Partner, M/s K A Pandit, (India)

  • Speakers:

1.Dr. K Sriram, Consulting Actuary, K Sriram Actuary, (India)
Topic - Developing Investment Strategies For Funded Employee Benefit Plans- Role Of Actuaries

C2.3: Scope of Pension Fund Valuation of Long Term – India and Beyond   --   Click here for Presentation

Chairperson: N M Govardhan - Actuary and Former Chairman of LIC of India, (India)

  • Speakers:

1.Anshul Srivastava - Co- Founder, Organisation – Finance Wizards, (India)
Topic : Pension Fund Industry In India- Scope for the future
2.A P Peethambaran- Consulting Actuary in Retirement Benefits, (India)
Topic : A Model (Deterministic) for actuarial valuation of Long-term Compensatory Absences

C3: Concurrent Sessions on Life Insurance, Day 1 - 17th Feb 2014

C3.1: Panel Discussion on Product and Regulation   --   Click here for Presentation

Chairperson: G N Agarwal - Director, Future Generali India Life Insurance Company, (India)

1.Dinesh Pant - Secretary Product Development Actuarial Core Group/ Product Actuary, LIC of India; (India)
2.S Madhusudhanan - Actuary, Munich Re, (Singapore)

C3.2:  --   Click here for Presentation

Chairperson: Heerak Basu- Senior Vice President & Appointed Actuary at TATA AIA Life, (India)

  • Topic: The Value in "Value for Money" - a Practitioners view

1.Chirag Rathod- Appointed Actuary and Director - Products & Strategy Canara HSBC Oriental Bank of Commerce Life Insurance Company; (India)

C3.3: Life with Disability   --   Click here for Presentation

Chairperson: Jyoti Majumdar - Head of Client Markets, Property and Casualty, India, Swiss Re ,(India)

  • Topic: Critical Illness in Asia – a success story
  1. Karsten De Braaf - Head of Product Development , SCOR Global Life, (Singapore)
  2. Kattumuri Raghavrao - Manager Product Development & Pricing, SCOR Global Life, (Singapore)

C3: Concurrent Sessions on Life Insurance, Day 2 - 18th Feb 2014

C3.4:   --  No Presentations

Chairperson: Chandan Khasnobis - Director and Appointed Actuary, IndiaFirst Life Insurance Company Ltd, (India)

  • Speakers:

  1. Rajesh Dalmia - Appointed Actuary, Reliance Life Insurance Company Ltd; (India)
  2. Anil Kumar Singh - Appointed Actuary, Birla Sunlife Insurance; (India)
  3. P K Arora - Appointed Actuary, Actuarial Dept. Co., LIC; (India)

C3.5:   --  Click here for Presentation

Chairperson: Avijit Chatterjee - Chief Actuary, ICICI Prudential, (India)

  • Speakers:

1.Sanket Kawatkar - Head, Life Insurance Consulting, Milliman, (India)
Topic : Revival of Indian life insurance sector - how and when?
2.Aravind Venugopalan - Senior Consultant Genpact, (India)
Topic : Summary, Interpretation and Issues for Principles based reserving of Life Insurance in the US
3.Sanchit Maini - Appointed Actuary, Max Life Insurance & Varun Gupta, Corporate Vice President, Max Life Insurance ,(India)
Topic : Strategic Dilemmas and Opportunities for life Insurers

C4: Concurrent Session on General Insurance, Day 1 - 17th Feb 2014

C4.1: Panel discussion on Current Issues in General Insurance   --   No Presentations

Chairperson: M Karunanidhi - President, IAI, (India)

  • Topic: Current Actuarial Challenges in General Insurance
  • Speakers:
  1. Mehul Shah -Appointed Actuary, L & T General Insurance, (India)
  2. Tania Chakrabarti - Head - Actuarial Services & Appointed Actuary at Royal Sundaram Alliance Insurance Company Limited, (India)
  3. Gayle Adams - Appointed Actuary, Raheja QBE, (India)
  4. Anurag Rastogi - Vice President & Head (Actuarial), Bajaj Allianz General Insurance Company Limited, (India)
C4.2:  --   Click here for Presentation

Chairperson: Frank Ashe - Associate Professor, Macquarie University (Australia)

  • Topic: Loss Reserving using Bayesian Hierarchical Models
  1. James Guszcza - National Predictive Analytics Lead, Deloitte Consulting, (US)

C4.3: Combined Health and GI Session   --   No Presentations

Chairperson: Dr. Suhas Shah - Chief Medical Officer, Kotak Life Insurance Co.(India)

  • Topic: Heart Disease: A Growing Epidemic
  1. Dr. S Prasad - Consultant Cardiologist Royal Brompton Hospital, London, (UK)

C4: Concurrent Session on General Insurance, Day 2 - 18th Feb 2014

C4.4: CEO Session  --   Click here for Presentation

Chairperson: N M Govardhan - Actuary and Former Chairman of LIC of India, (India)

  • Speakers:

  1. Praveen Gupta - MD & CEO, Raheja QBE General Insurance Co. Ltd.
    Topic : Pricing Issues in GI

  2. K G Krishnamoorthy - CEO, Future Generali India Life Insurance Company, (India)

C4.5:   --   Click here for Presentation

Chairperson: Sharad Shrivastva – Secretary General, Insurance Institute of India, (India)

  • Topic: Catastrophe Bonds
  • Speakers:

1.Ankit Goyal - Senior Actuarial Analyst, Towers Watson India Pvt. Ltd.
2.Saanya Jain - Actuarial Analyst, Towers Watson India Pvt. Ltd., (India)

  • Topic : Catastrophe Risk: Modelling & Opportunity
  • Speakers:

1.Aditya Vardhan Tibrewala - Director RSA Actuarial Services (India) Pvt. Ltd.
2.Tanu Shree - Actuarial Advisor RSA Actuarial Services (India) Pvt. Ltd, (India)

C4.6: Combined Health and GI Session   --   Click here for Presentation

Chairperson: Omer Morshed - Chief Executive, Sidat Hyder Morshed Associates (Pvt.) Ltd. (Pakistan)

  • Topic: Index Insurance For Risk Management In Agriculture Sector

1.Akshay Pandit - Partner, M/S K. A. PANDIT (India)
2.Manish Kumar, Actuarial Analyst at KAP Consultants and Actuaries, India

C5: Bancassurance/Pension/Other, Day 2 - 18th Feb 2014

C5.1: Panel Discussion on Bancassurance   --   Click here for Presentation

Chairperson: Kamalji Sahay - Ex-CEO, SUD Life & Advisor, GIC Re, (India)

  • Speakers:
R. Krishnamurthy - Senior Advisor, Towers Watson, (India)
Girish Kulkarni - CEO, SUD Life; (India)
Deepak Sood - CEO, Avanta ERGO, (India)
Mohan V Tanksale - Chief Executive, IBA, (India)
C5.2:  --   Click here for Presentation

Chairperson: K Subrahmanyam -Consultant Actuary, KN Actuaries & Consultants, (India)

  • Topic: Global Pension Reform- Need and Approach for Inclusion

  • Speakers:
  1. Kavim V. Bhatnagar - Pension Specialist (International), World Bank SPEMP, (Bangladesh)

C5.3: Report from Global Actuarial Services & Off Shore Advisory Group of IAI   --   Click here for Presentation

Chairperson: K Subrahmanyam - Consultant Actuary, KN Actuaries & Consultants, (India)

  • Topic: Evolution of Global Actuarial functions

  • Speakers:
  1. Srinivas Sriperumbuduri - India Retd. Service Center Leader, Mercer (India)
  2. Ankur Agrawal - Head of Actuarial function, AXA Business Services,(India)
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