On behalf of the
International Actuarial Association's (IAA) Enterprise and
Financial Risk Forum we are pleased to invite you to join the
upcoming webinar on the IAA Risk Book Chapter Summary - ERM
Insights from Failures and Near Failures
|
|
Date: 18 December
2023
Time: 07:00 am EST | 13:00 pm
CET
The webinar will be held on
Monday, 18 December 2023 at 1:00
pm CET.
This event will be 60 minutes
including a question-and-answer session at the end.
|
|
|
This chapter of the Risk Book
focuses on situations where inadequate ERM processes have led to
company failures or near-failures. Common control failures are
identified, which can serve as learnings for other enterprises.
Studying these examples can help organizations better evaluate
their own weaknesses and take steps to avoid similar instances of
distress.
This webinar will discuss ERM
insights gleaned from a sample of the case studies featured in the
chapter through interviews with the authors of the cases. It will
also include a discussion of the general lessons that can be
learned, including a focus on the role actuaries can play in
avoiding the types of situations covered in the chapter.
|
|
Speaker | Paul
Braithwaite
Chair of the IAA's Enterprise
and Financial Risk Forum
Paul is also a Senior Managing
Director in the Global Insurance Services practice at FTI
Consulting. Previously he held senior positions at both primary
insurers and reinsurers, including serving as Chief Actuary and
global Chief Underwriting Officer for several specialty
property-casualty lines of business. Mr. Braithwaite provides
expert testimony and other consulting services and serves as an
arbitrator in insurance and reinsurance disputes.
|
|
Speaker | Yosuke
Fujisawa
Vice-Chair of the IAA's
Enterprise and Financial Risk Forum
Yosuke is an actuary currently
leading the Data Science team at a major insurance company. With
prior positions in an insurer and international reinsurers, he has
shaped risk management and driven product innovation. In addition,
he has made academic contributions, lecturing at a renowned
Japanese university. His expertise in pensions is underscored by
his roles at the Ministry of Health, Labour and Welfare. Currently,
he serves as the Vice-Chair of the EFR forum at the IAA and as the
Chair of the ERM committee for the IAJ.
|
|
Speaker| Kathy Wong
Member of the IAA's Enterprise
and Financial Risk Forum
Kathy is a retired actuary based
in the U.S. Her executive career roles were primarily in
financial reporting at major life insurance companies, and she
continues as an active volunteer with the Society of Actuaries in
the areas of education and professionalism. Her principal
areas of expertise include reserve valuation and enterprise risk
management.
|
|
Speaker| Nick Dexter
Former Chair and Member, IAA's
Risk Book Editorial Board
Nick is also Chair of the IAA's
Insurance Regulation Committee and is a member of the
Climate Risk Task Force. Nick is a Non-Executive Director at
MAPFRE MSV plc and is Chair of the Risk and Compliance
Committee. Until the end of 2022 he was a Senior Advisor at
the Bank of England and prior to that was a partner in KPMG's
Actuarial and Risk Practice.
|
|
|
|