2q 2013 - igpinfo.com · igp asia-pacific seminar hilton singapore hotel september 5, 2013 an...

21
network news 2Q 2013 Also in this issue... 4| Country News: Austria 2013 Amendment to the Pension Fund Act 6| Country News: China Taiping’s New Employee Wellness Plan 11| Network Partners’ Newsflash Malaysia: AIA Bhd. 12| Schedule of IGP Subsidiary Visits 13| IGP Events: 2013 IGP Mini-Seminar in Beijing 2013 Lunch ‘n’ Learn in Barcelona 2013 IGP Training Workshops 2014 IGP Seminar in Berlin 18| Calendar of Events 19| List of IGP Network Partners 21| IGP Contact Info IGP Asia-Pacific Seminar Hilton Singapore Hotel September 5, 2013 IGP and our Network Partners in the Asia-Pacific region are pleased to invite you and your colleagues to attend this complimentary one-day seminar designed especially for those involved with employee benefits in this vibrant and dynamic part of the world. The one-day format provides an excellent opportunity for benefits professionals of all levels to quickly acquire valuable information on issues related to the social security and private employee benefits practice in key countries in the Asia-Pacific region. During the Seminar, each registrant will be able to attend up to five presentations given by participating IGP Network Partners. Each presentation will cover the social security and customary employee benefits practice in the Network Partner’s respective country. Depending on the country’s employee benefits practice, the presentation will include: an explanation of plan design, funding requirements and legislative updates, as well as a discussion of any recent trends or new products and services. The agenda will also include a Special Interest Session on a topic of general interest to those in the field of international employee benefits. All participants will have an opportunity to attend this session. Who Should Attend The newcomer will acquire a basic working knowledge of employee benefits practice, while the experienced benefits specialist will ensure that he or she remains current on legislative and other developments in specific countries. Network Partner representatives will be available to answer individual questions and discuss solutions. Attendees will also have ample opportunities to meet informally and discuss topics of interest with other participants.

Upload: others

Post on 21-Feb-2020

5 views

Category:

Documents


0 download

TRANSCRIPT

network news

2Q 2

013

Also in this issue...

4| Country News: Austria 2013 Amendment to the Pension Fund Act

6| Country News: China Taiping’s New Employee Wellness Plan

11| Network Partners’ Newsflash Malaysia: AIA Bhd.

12| Schedule of IGP Subsidiary Visits

13| IGP Events: 2013 IGP Mini-Seminar in Beijing 2013 Lunch ‘n’ Learn in Barcelona 2013 IGP Training Workshops 2014 IGP Seminar in Berlin

18| Calendar of Events

19| List of IGP Network Partners

21| IGP Contact Info

IGP Asia-Pacific Seminar Hilton Singapore Hotel September 5, 2013

IGP and our Network Partners in the Asia-Pacific region are pleased to invite you and your colleagues to attend this complimentary one-day seminar designed especially for those involved with employee benefits in this vibrant and dynamic part of the world.

The one-day format provides an excellent opportunity for benefits professionals of all levels to quickly acquire valuable information on issues related to the social security and private employee benefits practice in key countries in the Asia-Pacific region.

During the Seminar, each registrant will be able to attend up to five presentations given by participating IGP Network Partners. Each presentation will cover the social security and customary employee benefits practice in the Network Partner’s respective country.

Depending on the country’s employee benefits practice, the presentation will include: an explanation of plan design, funding requirements and legislative updates, as well as a discussion of any recent trends or new products and services.

The agenda will also include a Special Interest Session on a topic of general interest to those in the field of international employee benefits. All participants will have an opportunity to attend this session.

Who Should Attend

The newcomer will acquire a basic working knowledge of employee benefits practice, while the experienced benefits specialist will ensure that he or she remains current on legislative and other developments in specific countries.

Network Partner representatives will be available to answer individual questions and discuss solutions. Attendees will also have ample opportunities to meet informally and discuss topics of interest with other participants.

2

IGP Asia-Pacific SeminarHilton Singapore Hotel September 5, 2013

Provisional Program Schedule

8:15 am Registration & Coffee

9:00 am Welcome & Logistics

9:30 am Country Panel Session 1

10:25 am Break

10:45 am Country Panel Session 2

11:45 am Country Panel Session 3

12:40 pm Luncheon

2:00 pm Country Panel Session 4

3:00 pm Country Panel Session 5

3:55 pm Break

4:15 pm Special Interest Session

5:00 pm Close

Singapore — Where East Meets West

Singapore is an exciting and energetic multicultural city that harmoniously blends the grandeur and splendor of the East with the contemporary sophistication of the West. Its rich tapestry of arts, culture and cuisine offers a dazzling array of things to do and see.

IGP Events

Participating IGP Network Partners

China Taiping Pension Co., Ltd.

Hong Kong AXA China Region Insurance Co., Ltd.

Indonesia PT. Asuransi Jiwa Manulife Indonesia

Japan Dai-ichi Life Insurance Company, Limited

Korea Samsung Life Insurance Company, Ltd.

Malaysia AIA Bhd.

Philippines The Insular Life Assurance Company, Ltd.

Singapore Aviva Ltd.

Taiwan Shin Kong Life Insurance Co., Ltd.

Thailand Muang Thai Life Assurance Public Company, Ltd.

There is no fee to attend!

Whether you need a quick update on changes or new developments in a particular country — or an introduction to typical benefits practice, you will find attending the 2013 IGP Asia-Pacific Seminar to be a valuable experience!

3

IGP Asia-Pacific SeminarHilton Singapore Hotel September 5, 2013

An Award-Winning Venue

The 2013 IGP Asia-Pacific Seminar will be held at the Hilton Singapore Hotel, a 20-minute ride from Singapore Changi International Airport.

Hilton Singapore Hotel 581 Orchard Road Singapore, 238883

T 65-67-372-233 E [email protected] W www3.hilton.com/en/hotels/singapore/hilton-singapore-hotel-SINHITW/index.html The Hilton Singapore Hotel is centrally located on Orchard Road, the heart of Singapore’s shopping and entertainment district and a short distance from some of the city’s most popular attractions.

It was awarded the 2013 TripAdvisor Certificate of Excellence, given to hotels that achieve outstanding reviews on TripAdvisor, the world’s largest on-line travel site.

If you require overnight accommodations, please contact the hotel directly.

IGP Events

For More Information, Please Contact:

Mr. Luke WongAdministration Officer - AsiaInternational Group Program (IGP)T (65) 6833-8997 E [email protected]

Registration

Register on-line at www.igpinfo.com or click HERE.

The deadline to register is August 5.

Please register early to secure your panel selections!

We look forward to welcoming you and your colleagues to the IGP Asia-Pacific Seminar!

4

Background

Like most other European countries, Austria has a “Three Pillar” system;

• The first (public) pillar is financed by tax and social insurance contributions (80%).

• The second – occupational – pillar is financed both by contributions from the employer and the employee and is based on collective agreements. The second pillar and the third pillar are funded.

• Third pillar: individual retirement provision

Per January 1, 2013, an amendment to the Pension Fund Act was implemented that introduced important changes to the second pillar, and especially to the so-called “Pensionskasse” (pension fund).

A Pensionskasse is an external funding vehicle and has to be established under the legal form of a joint-stock company. It can be distinguished between multi-employer pension fund and single employer pension fund.

Pensionskasse solutions came into force in 1990 and were widely successful during the 1990s. Many employers took advantage of the tax incentives and high interest rates to outsource their company pension schemes in pension funds. However, these came under pressure in the beginning of this century due to decreasing investment returns.

Several amendments to the regulations were implemented over the past years; the most recent reform came into effect on January 1, 2013:

• Maximum technical interest rate 3%

Beginning in 2013, existing and new Pensionskasse plans must be based on technical interest rates that cannot exceed 3%. Arrangements with higher technical interest rates may remain in force but only for those members who were already eligible. It is important to note that technical interest rates in Pensionskasse plans are not guaranteed (as opposed to insurance plans).

• New possibilities within the Life Cycle Model

The Life Cycle Model allows employees to choose their own investment strategy – with three choices ranging from dynamic (maximum share of equities) to conservative (very low share of equities). In the past, it was only possible to change the investment strategy to move from a high-risk profile to a lower risk profile; the amendment now allows employees to change their investment strategy three times in any direction.

• Vesting periods may not exceed 3 years

Vesting periods in Pensionskasse plans may not exceed three years under the new regulations. All plans must be adapted to this new regulation to comply with EU law.

It is important to note that other funding vehicles (Direct Insurance, Occupational Collective Insurance) foresee immediate vesting.

Country News: Austria

2013 Amendment to Company Pension Law

5

• Occupational Collective Insurance (OCI):

The OCI (or Betriebliche Kollektivversicherung) is a group insurance product that was introduced a few years ago. The set up is similar to a Pensionskasse, with two major differences: it guarantees the technical interest rate (today: 1.75%) and the mortality tables as per date of eligibility of the individual employee.

New regulations now make transitions between the products easier; however, there are ongoing discussions about whether it makes sense to move from one product to the other.

The fact is that a reduction of the technical interest rate of 1% results in a reduction of a pension by at least 10%. Employees can now decide to move their funds from either a Pensionskasse into an OCI solution, or vice-versa, at the end of their employment relationship (as of age 55).

Nowadays, many employers set up pension plans where employees initially can choose between Pensionskasse or OCI. In some cases, group insurance is added to an existing Pensionskasse plan.

More Information

For more details and consultation, please contact your IGP Account Manager or:

Mr. Martin Zinsler

ERGO Versicherung AG VICTORIA-VOLKSBANKEN Pensionskassen AG

ERGO CenterBusiness Park Marximum/ Objekt 3Modecenterstrasse 17A- 1110 ViennaAustria

T (43) (1) 3134-11940E [email protected]

Country News: Austria

2013 Amendment to Company Pension Law

6

Country News: China

Taiping Introduces New Health Plan to Support Employee Wellbeing and Proactively Manage Risk

The China Insurance Regulatory Commission (CIRC), which supervises insurance products and services in the Chinese market, has stressed the need for companies to offer wellness programs and proactively manage health care costs.

In keeping with this initiative, Taiping Pension Co., Ltd. has introduced one of the first service plans in China designed to help companies manage medical costs and facilitate employee wellness.

The plan was developed and launched in cooperation with Valurise Health Solutions International (VHS), a leading third-party provider of medical management and wellness programs in China. It allows the employer to choose among four options designed to meet their specific needs and goals.

The basic option includes health risk assessments, consultations with physicians via either telephone or on-line, and delivery of electronic health publications directly to an employee via e-mail.

The more inclusive options include the basic features outlined above, in addition to: arrangement for a consultation with a specialist or expert in the event of a critical illness, assistance with hospital admissions and treatment plans, and active intervention and communication with high-risk members.

The four options and associated costs are outlined below.

OPTION 1:

Basic Health Risk Needs

Feature Description Frequency Cost

One Touch Smart • Electronic health file• Health risk assessment• Psychological evaluation• Health tips and information• On-line physical health consultation

Unlimited

50 RMB per person, per year

Consultation with Physician via Telephone

VHS health risk management experts provide consultation service via telephone hotline on matters related to physical health.

5 times a year

Electronic Health Publications

Electronic publications on topics related to physical and psychological health are delivered directly to employees via e-mail.

24 times a year

7

Country News: China

Taiping Introduces New Health Plan to Support Employee Wellbeing and Proactively Manage Risk

Feature Description Frequency Cost

One Touch Smart • Electronic health file• Health risk assessment• Psychological evaluation• Health tips and information• On-line physical health consultation

Unlimited

100 RMB per person, per year

Consultation with Physician via Telephone

VHS health risk management experts provide consultation service via telephone hotline on matters related to physical health.

10 times a year

Electronic Health Publications

Electronic publications on topics related to physical and psychological health are delivered directly to employees via e-mail.

24 times a year

Access to Expert or Specialist in the Event of a Critical Disease

VHS health assistant coordinates and arranges for the services of an expert at a special consultation clinic in VHS optimized health network, based on the employee’s choice (critical diseases only).

Once a year

Assistance and Support During Consultations with Specialists and Hospital Admissions

VHS health assistant accompanies employee on visit to health expert or specialist to assist with communication.

VHS health assistant accompanies employee to hospital to provide guidance during the admission process.

Once a year

OPTION 2:

“Housekeeper” Health Risk Management

8

Country News: China

Taiping Introduces New Health Plan to Support Employee Wellbeing and Proactively Manage Risk

Feature Description Frequency Cost

One Touch Smart • Electronic health file• Health risk assessment• Psychological evaluation• Health tips and information• On-line physical health consultation

Unlimited

500 RMB per person, per year

Consultation with Physician via Telephone

VHS health risk management experts provide consultation service via telephone hotline on matters related to physical health.

Unlimited

Electronic Health Publications

Electronic publications on topics related to physical and psychological health are delivered directly to employees via e-mail.

24 times a year

Active Health Management

Actively intervene and support the employee’s health by calling, sending health-related text messages and e-mails based on the client’s medical profile. Automatically generate a target intervention plan based on the employee’s health file and evaluation.

4 to 6 times a year

Access to Expert or Specialist in the Event of a Critical Disease

VHS health assistant coordinates and arranges for the services of an expert at a special consultation clinic in VHS optimized health network, based on the employee’s choice (critical diseases only).

3 times a year

Assistance and Support During Consultations with Specialists and Hospital Admissions

VHS health assistant accompanies employee on visit to health expert or specialist to assist with communication.

VHS health assistant accompanies employee to hospital to provide guidance during the admission process.

3 times a year

OPTION 3:

Active and Personalized High-End Health Risk Management

9

Country News: China

Taiping Introduces New Health Plan to Support Employee Wellbeing and Proactively Manage Risk

Feature Description Frequency Cost

One Touch Smart • Electronic health file• Health risk assessment• Psychological evaluation• Health tips and information• On-line physical health consultation

Unlimited

800 RMB per person, per year

Consultation with Physician via Telephone

VHS health risk management experts provide consultation service via telephone hotline on matters related to physical health.

Unlimited

Electronic Health Publications

Electronic publications on topics related to physical and psychological health are delivered directly to employees via e-mail.

24 times a year

Active Health Management

Actively intervene and support the employee’s health by calling, sending health-related text messages and e-mails based on the client’s medical profile. Automatically generate a target intervention plan based on the employee’s health file and evaluation.

4 to 6 times a year

Access to Expert or Specialist in the Event of a Critical Disease

VHS health assistant coordinates and arranges for the services of an expert at a special consultation clinic in VHS optimized health network, based on the employee’s choice (critical diseases only).

5 times a year

Assistance and Support During Consultations with Specialists and Hospital Admissions

VHS health assistant accompanies employee on visit to health expert or specialist to assist with communication.

VHS health assistant accompanies employee to hospital to provide guidance during the admission process.

5 times a year

OPTION 4:

Intensive and High-End Health Risk Management

10

Country News: China

Taiping Introduces New Health Plan to Support Employee Wellbeing and Proactively Manage Risk

Feature Description Frequency Cost

Second Opinion (Domestic) for a Critical Disease

VHS assists employee with confirming and completing a diagnosis and treatment plan via its domestic medical service network.

Once a year

Second Opinion (International) for a Critical Disease

VHS assists employee with confirming and completing a diagnosis and treatment plan via its international medical service network.

Once a year

OPTION 4:

Intensive and High-End Health Risk Management (cont.)

Taiping Pension Insurance Co., Ltd.

Taiping Pension was incorporated in Shanghai in 2004 and is a subsidiary of China Taiping Insurance Group (China Taiping), which has roots dating back to 1929.

Supported by its parent company’s diversified financial service platform, Taiping Pension provides clients with insurance and financial products, including enterprise annuities and employee benefits plans.

Taiping’s employee benefits division offers corporate life insurance, accident insurance, and supplementary medical and health insurance plans, backed by state-of-the-art computer systems and a skilled staff of insurance professionals.

Fitch International has given Taiping a credit rating of A-, which is the highest credit rating awarded to an insurance company in China according to international standards. Fitch reconfirmed the rating in 2012.

More Information

For more information, please contact your IGP Account Manager, or:

Ms. Sophie Jiang International Business DepartmentTaiping Pension Co., Ltd.www.cntaiping.com

T (86) (21) 6100-2296E [email protected]

If you would like to learn more about employee benefits in China, do not miss our Mini-Seminar in Beijing on August 26!Please see page 13 for details.

11

In December 2012, AIA Group Limited received the required regulatory approvals to complete the acquisition of ING Group’s insurance subsidiaries in Malaysia. The AIA Group is the largest independent publicly listed pan-Asian life insurance group.

On June 17, 2013, the insurance businesses and operations of American International Assurance Bhd (“AIA”) and ING Insurance Berhad (“ING”) in Malaysia were successfully integrated under one license, and the new entity is now known as AIA Bhd.

ING Insurance Berhad has been the IGP Network Partner for Malaysia since 1982, and we look forward to having this longstanding relationship continue via AIA Bhd.

AIA began operations in Malaysia in 1948, and is now one of the country’s largest life insurers. It has the financial strength, experience, service centre network and a well-trained team of more than 2,000 staff to serve its more than 2.6 million customers nationwide. As of December 31, 2012, AIA Bhd. had total assets of MYR 23 billion (USD 7.2 billion) and paid-up capital of MYR 242 million (USD 75.8 million).

In 2012, AIA won the Malaysia Service to Care Award (MSCA) for the category of life insurance in Malaysia. This is an annual award to recognise the best performers and best practices in customer service in the ASEAN region.

In Malaysia, AIA Corporate Solutions Department (CSD) is the leading insurer in the employee benefits insurance market, offering a comprehensive range of employee benefits and group insurance products and services including group life and disability, group medical and personal accident schemes.

With 10,000 corporate clients and over a million members, CSD is well-equipped and experienced to serve and administer employee benefits schemes for small and medium-sized companies, as well as large local conglomerates and multinational organisations.

2013 is AIA’s 65th anniversary in Malaysia. AIA does not intend to take its long heritage in Malaysia for granted as it understands the importance of serving the ever-changing needs of its valued customers. It takes a personal, relationship-based approach to customer service and is committed to protecting generations to come in Malaysia.

For this reason, AIA has been working hard over the past six months to build the foundation of the “new AIA”, a company that is bigger, stronger and much better positioned to serve customers well into the future.

The integration with ING has given AIA the perfect opportunity to take the best aspects of both organizations and combine them to produce an enhanced suite of products, processes, systems and technological capabilities. The “new AIA” is now capable of delivering the best customer service from every possible angle.

More Information

For more information on AIA or employee benefits in Malaysia, please contact your IGP Account Manager, or:

Mr. Looi Siew Loon Head of Sales, Partners & Corporate IntermediariesAIA Bhd.

T (60) (3) 2058-4838, ext. 2973E [email protected] aia.com.my

Malaysia: Same Partner, New Name AIA Acquires ING’s Insurance Operations in Malaysia

Network Partners’ Newsflash

12

Schedule of IGP Subsidiary Visits An opportunity to have an IGP representative meet with your local subsidiary

IGP Subsidiary Visits

IGP devotes many resources to meeting with your local subsidiaries to inform them about how IGP works and the possible advantages to the subsidiary of IGP participation. These meetings also enable your subsidiaries to gain market knowledge about what employee benefits plans their competitors are offering and what is typical in their market. It furthermore enables us to gather information on your behalf about your operations’ current employee benefits plans and how they are financed.

Staff members from the IGP offices in Boston, Brussels and Singapore travel regularly to participate, together with our Partners, in meetings with subsidiaries of our clients around the world.If you would like IGP to meet with your local colleagues, we urge you to contact your IGP Account Manager (or the responsible IGP contact for the country or region mentioned below) and provide the contact details of your local representative so that we might set up a meeting.

The following trips are scheduled during the coming months:

Month Dates Country IGP Contact

Ongoing Denmark [email protected]

Ongoing France [email protected] & [email protected]

Ongoing Luxembourg [email protected]

Ongoing Netherlands [email protected]

Ongoing Scandinavia [email protected]

Ongoing Switzerland [email protected] & [email protected]

Ongoing UK [email protected]

July 15-19 Brazil [email protected]

1-5 China (Shanghai) [email protected]

8-11 Russia [email protected]

August 26-28 China [email protected] & [email protected]

30 Hong Kong [email protected]

September 2 Hong Kong [email protected]

9-11 Indonesia [email protected]

TBC Italy [email protected]

2-3 Malaysia [email protected]

TBC Mexico [email protected]

12-13 Philippines [email protected]

16-17 Portugal [email protected]

3-6 Singapore [email protected] & [email protected]

TBC Spain [email protected]

23-27 Ukraine [email protected]

October TBC Dominican Rep. [email protected]

TBC Turkey [email protected]

November TBC Ireland [email protected]

Ideally, you should send your local management an e-mail to encourage them to meet with IGP.

13

Mark Your Calendar!

IGP Mini-SeminarBeijing, China August 26, 2013

IGP and our Network Partner in China, Taiping Pension Co., Ltd., will be hosting a Mini-Seminar on Monday, August 26, in Beijing.

If your company has an affiliate in China, they are invited to join us!

This event is an excellent opportunity for Human Resources professionals, benefits specialists and risk managers of all levels to quickly get an update on recent developments concerning employee benefits in China — and to learn more about multinational pooling and the advantages it offers to the local operation.

Preliminary Agenda

1:30 Registration

2:00 Welcome & Opening Remarks

2:20 Introduction to Multinational Pooling

3:20 Tea Break

3:50 Mid-Term and Long-Term Retention of Key Talent:

• Guaranteed Renewal

• Update on the Chinese Pension Market (Trust-Based Pension Products)

• Lifetime Critical Illness & Long-Term Care Products

4:40 Closing Remarks

IGP Events

Date: Monday, August 26, 2013

Time: 14:00

Venue: Purple Jade Country Club & Resort Branches Tower, 3rd Floor No. 1 Purple Jade Road East Chaoyang District Beijing, China 100012 www.purplejadeclub.com.cn

Ample time is provided for attendees to ask specific questions and discuss solutions with key representatives of Taiping and IGP, as well as to network with other participants.

Registration

Reservations will be accepted on a space-available basis.

If you have colleagues in China who would like to attend, please invite them to register at www.igpinfo.com or by clicking HERE.

There is no fee to attend.

For More Information

If you would like additional information, please contact your IGP Account Manager or:

Ms. Elaine ParadisoT 1-617-572-8637

E [email protected]

Invest an afternoon with us and expand your knowledge and understanding of both employee benefits in China and the advantages of multinational pooling!

14

Mark Your Calendar!

IGP Lunch ‘n’ LearnBarcelona, Spain September 23, 2013

IGP and our Network Partner in Spain, CASER, will be hosting a Lunch ‘n’ Learn on Monday, September 23, in Barcelona.

If your corporation has an affiliate in Spain, they are invited to join us.

This event is an excellent opportunity for your colleague(s) to learn about current employee benefits trends in Spain and to find out more about pooling and the advantages for them as a local operation.

Preliminary Agenda

11:30 Café y Registro

12:00 Tendencias en la Previsión Social Complementaria

12:45 Trends in Pooling: Benefits for Corporate and Subsidiary

13:15 Pooling: A Win-Win Situation for Corporate and Subsidiary – A Client’s Perspective

13:45 Preguntas y Respuestas

14:00 Almuerzo ofrecido por CASER e IGP

Ample time is allowed so that attendees can ask specific questions and discuss solutions with key representatives of CASER and IGP, as well as to network with other participants.

IGP Events

Venue

Hotel Silken Diagonal BarcelonaAvenida Diagonal205 Barcelona, 08018 SpainT +34-934-895-300W www.hoteles-silken.com/hotel-diagonal-barcelona

Registration

Reservations will be accepted on a space-available basis.

If you have colleagues in Spain who would like to join us, please invite them to register via www.igpinfo.com or by clicking HERE.

There is no fee to attend.

For More Information

If you would like additional information, please contact your IGP Account Manager or:

Ms. Inge LuytenT +32 2 775 29 41E [email protected]

Expand your knowledge and understanding of employee benefits in Spain and learn how multinational pooling can benefit the local operation as well as the parent company!

15

Preliminary Programme (min. 8 participants):

Monday, November 18, 2013

14:00 Introduction to Employee Benefits Insurance

15:00 Coffee Break

15:15 Introduction to Pooling

16:30 End of Day’s Programme

Tuesday, November 19, 2013

09:00 Review of an IGP International Experience Report

10:30 Coffee Break

10:45 Maintaining and Expanding a Pool

12:00 Group Picture & Lunch

13:15 Account Protection & Cash Flow Products

14:15 Coffee Break

14:30 Captive Reinsurance

15:30 How Does it Work in Practice: Individual Discussions

16:15 Closing Drink

IGP Events

IGP Workshop for Multinational Corporations IGP Europe Offices, Brussels November 18 & 19, 2013

The annual “IGP Workshop on Employee Benefits and Multinational Pooling” is a unique opportunity for representatives of multinational corporations, who would like to benefit from classes on multinational pooling and employee benefits from an international perspective.

You should plan to attend if:

• You are new to the world of insurance or employee benefits;

• You recently started working with the IGP Network and want to learn how you can get the most out of your IGP pool;

• Your company has been a long-standing IGP client, but you want to know more about the services IGP can offer and how you can further expand your pool;

• You are still considering pooling and would like to gain more insight first.

If you would like to participate, please click here to register. Registration deadline is October 15, 2013.

There is a small contribution of EUR 125 to defray costs.

If you would like more information, please contact:

Ms. Inge LuytenT +32 2 775 29 41E [email protected]

16

To address the particular needs and interests of brokers and consultants, we are planning to organize our next “IGP Workshop on Multinational Pooling” on November 20, 2013.

The workshop is mainly aimed at newcomers to the international benefits field or people needing a refresher course on international pooling matters.

During just one day, the participants will receive a wealth of information ranging from sessions on first and second stage accounting, to analysis and review of international experience reports and sessions on account protection, cash flow and risk management products.

If you would like to participate, please click here to register. Registration deadline is October 15, 2013.

There is a small contribution of EUR 125 to defray costs.

If you need more information, please contact:

Ms. Inge LuytenT +32 2 775 29 41E [email protected]

Preliminary Programme (min. 8 participants):

Wednesday, November 20, 2013

09:00 Introduction to Pooling

10:00 Coffee Break

10:15 Review of an IGP International Experience Report

12:00 Group Picture & Lunch

13:00 Account Protection and Cash Flow Products

14:00 Coffee Break

14:15 Captive Reinsurance

15:15 Cooperation between IGP, the Consultant and the Client

16:00 Closing Drink

IGP Workshop for International Advisors IGP Europe Offices, Brussels November 20, 2013

IGP Events

List of IGP Network Partners

* Correspondent Network Partner** Quatrem can quote provided plans also underwritten on the mainland.

A mix of the traditional IGP country panels with a focus on Europe, regional sessions on Africa, Asia Pacific, the Middle East and Latin America, as well as plenary sessions with panel discussions and a variety of guest speakers, provides an excellent forum for HR professionals, C&B specialists, Risk Managers and Finance Executives of all levels to discuss employee benefits trends with industry specialists and their peers.

The 2014 IGP Seminar is set against the backdrop of the 25th anniversary of the fall of the Berlin Wall. This historic event will be the common theme throughout the conference - reflecting on the past, debating on the current trends and looking forward to the future of employee benefits.

Tuesday | May 13, 201414:30 - 17:15 Optional IGP Training Workshops19:30 - 23:00 Opening Reception & Walking Dinner

Wednesday | May 14, 201408:45 - 17:40 Country Panel Sessions Regional Panel Sessions Plenary Special Interest Sessions18:30 - 23:00 Offsite Event

Thursday | May 15, 201408:30 - 15:45 Country Panel Sessions Regional Panel Sessions Plenary Special Interest Sessions15:45 - 16:15 Closing Drink

Andel’s Hotel Landsberger Allee 10610369 Berlin, Germanyhttp://www.vi-hotels.com/andels-berlin/

More Information: [email protected]

Mark Your Calendar!

IGPInternational Benefits Seminar13 - 15 May 2014 | Berlin

IGP Calendar

18

Seminars & Events

2013

May 15 Lunch 'n' Learn Luxembourg

August 26 Mini-Seminar China (Beijing)

September 5 IGP Asia-Pacific Seminar Singapore

18 Lunch 'n' Learn (Local Advisors) Portugal (Lisbon)

23 Lunch 'n' Learn Spain (Barcelona)

November 18-19 Workshop for Multinationals Belgium (Brussels)

20 Workshop for Int’l Advisors Belgium (Brussels)

2014

May 13-15 IGP International Benefits Seminar Germany (Berlin)

19

List of IGP Network Partners

* Correspondent Network Partner** Can quote provided plans are also underwritten on the mainland.

Argentina

SMG Life

Armenia

Via Aviva Insurance Company, ZAO*

Australia

AMP Life Limited

Austria

ERGO Versicherung AG

Azerbaijan

Via Aviva Insurance Company, ZAO*

Baltic States (Estonia, Latvia & Lithuania)

Mandatum Life Insurance Baltic SE*

Belarus

Via Aviva Insurance Company, ZAO*

Belgium

AG Insurance

Brazil

Mapfre Seguros Brazil

Canada

Manulife Financial Corporation – Canadian Division

Channel Islands

AXA PPP healthcareCanada Life Limited

Chile

Mapfre Compañía de Seguros de Vida de Chile S.A.

China (Mainland)

Taiping Pension Company, Limited

Colombia

Mapfre Colombia Vida Seguros, S.A.

Denmark

PFA Pension

Dominican Republic

ARS Palic Salud, S.A.Mapfre BHD Compañía deSeguros, S.A.

Ecuador

MAPFRE Atlas Compañia de Seguros S.A.*

El Salvador

Mapfre La Centro Americana S.A.

Finland

Mandatum Life Insurance Company Limited

France

AXA France VieQuatrem Assurances Collectives

French Guyana

AXA France VieQuatrem Assurances Collectives**

Georgia

Via Aviva Insurance Company, ZAO*

Germany

ERGO Life Insurance AG

Greece

The ETHNIKI Hellenic General Insurance Company

Guadeloupe

AXA France VieQuatrem Assurances Collectives**

Guatemala

Via Mapfre La Centro Americana S.A.

Honduras

Via Mapfre La Centro Americana S.A.

Hong Kong

AXA China Region Insurance Company Limited

Hungary

Aegon Hungary Composite Insurance Company

India

Max Life Insurance*

Indonesia

PT. Asuransi Jiwa Manulife Indonesia

Ireland

Irish Life Assurance plc

Italy

Fondiaria-SAI S.p.A.

Japan

The Dai-ichi Life Insurance Company, Limited

Korea

Samsung Life Insurance Company, Ltd.

La Réunion

AXA France VieQuatrem Assurances Collectives**

Liechtenstein

AXA Winterthur

Luxembourg

Cardif Lux Vie S.A.

20

List of IGP Network Partners

* Correspondent Network Partner** Can quote provided plans are also underwritten on the mainland.

Macau

AXA China Region Insurance Company Limited*

Malaysia

AIA Bhd.

Martinique

AXA France VieQuatrem Assurances Collectives**

Mauritius

SWAN Group*

Mayotte

AXA France VieQuatrem Assurances Collectives**

Mexico

Seguros Monterrey New York Life, S.A.

Monaco

AXA France VieQuatrem Assurances Collectives

Namibia

Via The Old Mutual Life Assurance Company (South Africa) Limited

Netherlands

a.s.r. De Amersfoortse Insurance

New Zealand

TOWER New Zealand

Nicaragua

Via Mapfre La Centro Americana S.A.

Norway

Storebrand Livsforsikring AS

Panama

Via Mapfre La Centro Americana S.A.

Paraguay

Mapfre Paraguay Compañía de Seguros S.A.*

Philippines

The Insular Life Assurance Company, Ltd.

Poland

Pramerica Życie TUiR SA

Portugal

VICTORIA-Seguros, S.A.

Russia

Aviva Insurance Company, ZAO

Singapore

Aviva Ltd.

Slovakia

AEGON Životná poist’ovňa, a.s.*

Slovenia

ERGO, Podruznica za Slovenijo*

South Africa

The Old Mutual Life Assurance Company (South Africa) Limited

Spain

Caja de Seguros Reunidos, Compañía de Seguros y Reaseguros, S.A. (CASER)

Sweden

SPP Livförsäkring AB

Switzerland

AXA Winterthur

Taiwan (Republic of China)

Shin Kong Life Insurance Company, Ltd.

Thailand

Muang Thai Life Assurance Public Company, Ltd.

Turkey

Yapı Kredi Emeklilik A.Ş. (Life and Pensions)Yapı Kredi Sigorta A.Ş. (Health)

Ukraine

Aegon Life Ukraine

United Kingdom

AXA PPP healthcare (Health)Canada Life Limited (Life and Pensions)

United States

Prudential Insurance Company of America (Life)

Uruguay

Mapfre Uruguay Compañía de Seguros S.A.

Uzbekistan

Via Aviva Insurance Company, ZAO*

Venezuela

Mapfre La Seguridad, C.A.*

Third-Country National and Expatriate CoverageAXA PPP International

AXA Winterthur

CIGNA Global Health Benefits*

Nordben Life and Pension Insurance Co. Limited

IGP Contact Information

21

Mr. Peter de VriesHead of the NetworkInternational Group Program (IGP)E [email protected]

Mr. Brian McCarthyAssistant Vice PresidentInternational Group Program (IGP)John Hancock Life Insurance Company (USA)P.O. Box 111Boston, MA 02117, USAT (1) (617) 572-8655E [email protected]

Mr. Winston RichieDirector Marketing & Technical ServicesInternational Group Program (IGP)John Hancock Life Insurance Company (USA)P.O. Box 111Boston, MA 02117, USAT (1) (617) 572-8670E [email protected]

Ms. Tamara LaanenDirector Sales & ServiceInternational Group Program (IGP) – EuropeJohn Hancock International Services S.A.Avenue de Tervuren 270B-1150 Brussels, BelgiumT (32) (2) 775-2961E [email protected]

Mr. Richard TanRegional DirectorInternational Group Program (IGP) – Asia51 Bras Basah Road #09-00 Manulife Centre Singapore 189554 T (65) 6833-8996E [email protected]

Mr. Yoshimaro KomachiyaSenior ConsultantInternational Group Program (IGP) – Japan2F Manulife Place Akasaka2-21-25 Akasaka, Minato-kuTokyo 107-0052 JapanT (81) (3) 3589-5031M (81) (90) 4614-3048E [email protected]

Mr. Steven RuckDirector Account DevelopmentInternational Group Program (IGP)John Hancock Life Insurance Company (USA)P.O. Box 111Boston, MA 02117, USAT (1) (617) 572-8640E [email protected]

Mr. Michael FontaineDirector Administration ServicesInternational Group Program (IGP)John Hancock Life Insurance Company (USA)P.O. Box 111Boston, MA 02117, USAT (1) (617) 572-4011E [email protected]

Mr. Wim MoldenaersDirector Sales & ServiceInternational Group Program (IGP) – EuropeJohn Hancock International Services S.A.Avenue de Tervuren 270B-1150 Brussels, BelgiumT (32) (2) 775-2966E [email protected]

Mr. Michael SpincemailleRegional DirectorIGP Latin Americac/o Mapfre ColombiaCRA 14 No 96-34 Piso 2Bogotá D.C.ColombiaT (57) (1) 650 34 30E [email protected]