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.
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