Call for Papers

The program is now being prepared and we are seeking papers or presentations. A limited number of concurrent slots will be available. Following is a list of suggested topics:

General Insurance

  • APRA’s capital changes (LAGIC)
  • APRA’s request for more from actuaries in relation to comment on risk management in Financial Condition Reports
  • The impact of natural disasters (pricing, policy terms, insurability/market failure, government policy and funding)
  • The impact of the NIIS (and, to a lesser extent, the NDIS)
  • Scheme reviews in accident compensation - NSW WorkCover, SA CTP, QLD workers' compensation

Health

  • Health funding: who pays?
  • Is the current private health insurance system sustainable?
  • Means testing of the PHI rebate and income based incentives / penalties
  • National Disability Insurance Scheme
  • Aged care
  • The history and the future of private health insurance industry consolidation
  • The annual premium round
  • Broader health cover
  • Will a risk-based capitation model improve the current risk equalisation system?
  • What opportunities exist for fraud and data analytics in Australia’s health system?

Life Insurance

  • Mortality improvement - are the benefits of medical advancements and improved screenings being offset by deteriorating health from growing obesity levels and a drop-off in health improvement benefits, from a decline in the rate of the population giving up smoking?
  • Selective lapsation - is there clear evidence that selection effects have a long duration as healthy lives are more likely to lapse than unhealthy lives, (i.e. old legacy portfolios have very poor quality lives left in them)?
  • IBNR methodology - industry practice for determining IBNRs through claims development patterns, run-off triangles is highly varied. Is there an optimum methodology that would take account of the many factors that impact IBNR reserving?
  • ERM - multiple potential considerations
  • Risk appetite
  • Risk limits and tolerances
  • Embedding a Risk Culture
  • Capital Management
  • Approaches to capital management
  • Economic capital modelling
  • LAGIC/ICAAP
  • The future of life insurance - who will be the winners and losers out of FOFA, MySuper, anti-churning proposals etc?
  • Direct Marketing - impact of anti-selection from guaranteed acceptance (non-underwritten) business
  • Is there a future for life insurance in Australia?

Wealth Management

  • Performance fees
  • Alternative asset classes
  • Development of local corporate bond market
  • Technology, platforms and alternative solutions for accessing investments
  • Selection of appropriate benchmarks
  • Measuring investment performance
  • Insurance and wealth management
  • Passive and active investment management strategies
  • Internal vs external investment management
  • Intelligent defaults for post retirement funds
  • Asset allocation paradigm change - e.g. risk allocation vs. asset class allocation
  • Measuring long term risk vs. short-term volatility
  • Investment products for retirement (including the transition to retirement)
  • Investment tail risk protection - does it make sense, and if so when and how?
  • Role of devil’s advocacy in investment decision-making and governance
  • What peculiar investment risks does the typical Australian investor face (e.g. over-reliance on Chinese demand for Australian dirt)?
  • Dynamic asset allocation - can institutional investors develop a true capability and how? Insights? Superior analysis? Manage client expectations? Patience?

Investments

  • Role of performance fees in investment management
  • Fixed interest investments and development of local corporate bond market
  • Regulatory capital and implication for investment strategy
  • Measuring investment performance, relevant benchmarks for long term investments
  • Investing in low yield environment
  • Lifecycle investment allocation
  • Developing investment risk appetite framework for boards

Superannuation

  • APRA Prudential Standards - DB and insurance matters
  • Risk management in super - reserving, liquidity, modelling and scenario testing, a role for actuaries
  • Post retirement product design and the opportunity for pooling (e.g. annuities)
  • Investments - managing risk and disclosure
  • DC super funds – how can actuaries add value?
  • Longevity (Super) / Risk Management
  • ICAAP - Target State and/or Implementation Challenges
  • The application of risk-based capital for Australian insurers
  • Operational risk – developments, approaches and emerging best practice for operational risk capital modelling for insurance companies and super funds
  • Satisfying the "Use Test"
  • The integration of risk appetite, risk limits, risk monitoring and scenario testing into a holistic ERM framework
  • Reflections on Solvency II
  • CERA
  • Emerging risk assessment - latest practice and innovations
  • Risk management applications for institutional and retail asset management
  • Actuaries and ERM - a global perspective, with focus on the roles that actuaries play (regulators, Institute, practice committees etc)

Leadership and other topics

  • Thought leadership - employing creativity and inspiration aligned with business vision and purpose to champion ideas and make quality decisions
    • could be a new area of work where actuaries are demonstrating thought leadership
    • could be about how to promote thought leadership
  • People - lead and influence people using interpersonal and peer relationship building within both internal and external groups
    • could be communication, listening, people management, motivating others, influencing skills
  • Self leadership - the personal drive and discipline to learn, communicate, prioritise and solve problems in a dynamic business environment
    • personal development type issues e.g. career focused, skill development – communication, broader business skills, working in new fields and how to adapt
  • Strategic leadership - apply strategic and business leadership, demonstrating business acumen, perspective, strategic agility and customer focus while managing innovation
    • could be examples of a situation requiring strategic leadership – e.g. a change of approach to meeting customer needs
    • strategic approaches to problems
    • reporting to the Board or senior management

If you are interested in preparing a paper, presentation or poster on one of the above topics (or a different topic) please send your synopsis on the Submission Form to Events Team by Friday 26 October 2012.

Contacts

Links

Request your password
Request log in details