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REINSURANCE INTERNATIONALSTUDY COURSEInaugural Year • 25 to 28 September 2016Shangri-La’s Rasa Sentosa Resort & Spa, SingaporeSINGAPORE

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Supported by Monetary Authority of Singapore

https://www.scicollege.org.sg/RISC/

ANZIIF/SCI REINSURANCE INTERNATIONAL STUDY COURSE (RISC) SINGAPORE

OVERVIEWThe ANZIIF/SCI RISC Singapore is affiliated to the widely acclaimed Reinsurance International Study Course (RISC) of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) in Australia, having its 49th intake this year. The ANZIIF/SCI RISC Singapore is a collaborative effort between the SCI and ANZIIF. The course, which is supported by the Monetary Authority of Singapore is set to become one of the main talent-building blocks within the SCI’s Reinsurance Talent Development Framework which aims to develop and expand the pool of reinsurance specialists and groom the next generation of leaders for the reinsurance sector in Singapore.

ABOUT THE COURSE

A UNIQUE LEARNING OPPORTUNITYThe 4-Day ANZIIF/SCI RISC Singapore course is an intensive mix of presentations from leading experts from the insurance and reinsurance industry, coupled with hands-on syndicated work exploring the fundamentals of reinsurance. It aims to provide delegates with a solid understanding of reinsurance in practice.

Syndicates analyse a fictional insurance organisation to design and test the optimal reinsurance programme. Delegates within their syndicate groups act as the executives of the insurance company, making recommendations regarding the optimal reinsurance arrangements for the insurer, culminating in a presentation of the proposal to a fictional Board. Syndicated learning requires delegates to work as a group analysing a typical reinsurance submission, coupling the needs of the portfolio and the corporate risk appetite to optimise the reinsurance program.

Drawing upon the experience gained by ANZIIF over 49 years, the well-established model provides delegates with the opportunity to interact with board members and reinsurers in a simulated real world environment. An expert panel, which is made up of industry leaders, provides feedback to syndicate groups about their findings and presentations, coaching the delegates throughout the course.

The syndicate groups are guided by Syndicate Advisers, who are insurance/reinsurance practitioners with deep technical expertise honed from decades of international and regional industry experience.

Before arriving at the course, delegates are required to complete Optimum – an online introduction to reinsurance course provided by Aon Benfield. This course gives delegates an opportunity to familiarise themselves with the basics of reinsurance, demystifying reinsurance terminology; the pros, cons and implications of different reinsurance structures; and crucial factors to consider when designing a reinsurance programme.

ANZIIF/SCI RISC Singapore provides a unique and effective learning experience. With an emphasis on applying technical reinsurance practices in a realistic environment, delegates get to “live” the reinsurance process. Coupled with the above, the syndicated course structure and residential nature provide exceptional networking opportunities, creating lifelong relationships with industry peers.

2 ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore

STRATEGIC• Articulate the importance of reinsurance in relation to a

company’s strategy, growth and underwriting philosophy

• Demonstrate how a company’s reinsurance programme interacts with its risk appetite

• Analyse how the reinsurance programmes interact with the portfolio management and underwriting practices

• Demonstrate an understanding of the role played by a Board in setting reinsurance strategy

LEARNING OUTCOMES

FINANCIAL• Analyse and interpret the impact of reinsurance on a

company’s financial position

• Explain the impact of alternative reinsurance structures on the risk-based capital (RBC) calculations

• Analyses the alternative reinsurance commission structures and explain their financial impact on the portfolio

• Demonstrate an understanding of the counter party risk and how it can be managed in the company’s balance sheet

TECHNICAL• Distinguish the various types of reinsurance

• Choose the types of reinsurance applicable to the specific portfolios and classes of business

• Describe how the various reinsurance programmes interact

• Explain how to read and interpret a contract wording

• Demonstrate an understanding of a catastrophe modelling

• Apply the following tools to monitor an underwriting performance at portfolio level

» Risk profiles » Triangulations » Large loss reports » Underwriting results

LEGAL & REGULATORY• Articulate the best practice risk management principles

and protocols on reinsurance purchasing

• Articulate the regional regulatory requirements relating to reinsurance

• Demonstrate an understanding of the regional regulatory controls on reinsurance purchasing

• Explain the role of rating agencies and the impact ratings that can have on the reinsurer selection

• Explain the importance of compliance with internal and external controls on the reinsurance management strategy

• Describe the process used to achieve contract certainty with reinsurance wordings

At the conclusion of ANZIIF/SCI RISC Singapore, delegates will be able to demonstrate proficiency in four key areas, namely:

1 3

24

This comprehensive Reinsurance 4-day residential course is ideal for professionals who work directly (e.g. underwriters, brokers and claims staff members) or indirectly (e.g. lawyers, actuaries, accountants and auditors) in the insurance sector or the reinsurance sector, including companies, regulators and government bodies that service and/or interact with the financial services industry, subject to the following:

• Delegates should preferably have at least 3 years of work experience if they are in the reinsurance sector, or at least 5 years of work experience if they are in the insurance sector; and

• Delegates should also be comfortable to converse and present in English during their syndicate group activities.

WHO WOULD BENEFIT FROM THIS COURSE?

3ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore

COURSE SCHEDULE

DAY 1: SUNDAY, 25 SEPTEMBER 2016

12 noon – 12.30 pm Registration

12.30 pm – 2.00 pm Lunch

2.00 pm – 2.15 pm

Official Welcome & Course Opening

Andrew Allison General Manager – Reinsurance & Underwriting Services, Allianz Australia

George Attard Head of Analytics, International, Aon Benfield Asia

2.15 pm – 2.45 pm

Introduction To Reinsurance Decision-Making

Fi Dimos Head of Technical Services, Reinsurance & Operations, Chief Financial Office, IAG

Shiva Iyer Executive Director, Client Services, Aon Benfield Asia

2.45 pm – 3.30 pm

Panel Discussion: Reinsurance Life Cycle In Practice

Reg Campbell Treaty Broker, Aon Benfield

Chan Whye Loon Chief Retrocession Officer,Asia Capital Reinsurance

Tannia Shell Reinsurance Portfolio Manager, QBE Australia & New Zealand

Moderator: Scott Ryrie Commercial Director, Asia Pacific — Market Development, A.M. Best

3.30 pm – 4.00 pm Afternoon Tea

4.00 pm – 5.00 pmSyndicate Group Introductions & Session

5.00 pm – 6.00 pm

Keynote Session: Reinsurance – Staying Relevant In The New Economy

Kenrick Law Regional Chief Executive Officer & Head of P&C Client Management, Asia Pacific Allianz SE Reinsurance Branch Asia Pacific

6.00 pm - 6.30 pm Break

6.30 pm - 10.30 pm Dinner & Syndicate Activities

DAY 2: MONDAY, 26 SEPTEMBER 2016

8.30 am – 9.15 amRisk Appetite

George Attard Head of Analytics, International, Aon Benfield Asia

9.15 am – 10.45 am Syndicate Session

10.45 am – 11.00 am Morning Tea

11.00 am – 11.30 amProperty – Pro Rata & Risk XL

Soeren Soltysiak Underwriting Director, Asia Pacific & Head of Southern Asia Pacific & India, XL Catlin

11.30 am – 12.30 pm Syndicate Session

12.30 pm – 1.30 pm Lunch

1.30 pm – 2.15 pmProperty – Catastrophe XL

Marcus Taylor Senior Manager, Reinsurance International, IAG

2.15 pm – 2.45 pm Catastrophe XL Modelling

Richard Sanders Executive Director & Head Of Catastrophe Analytics, Willis (Singapore)


3.00 pm – 6.00 pm Syndicate Session

6.00 pm – 6.30 pm Break

6.30 pm – 7.30 pm Dinner


DAY 3: TUESDAY, 27 SEPTEMBER 2016

8.30 am – 10.00 amCasualty Reinsurance

Tom Graham Senior Class Underwriter (International Non-Marine Treaty), Chaucer


10.30 am – 12.30 pm Syndicate Session

12.30 pm – 1.30 pm Lunch

1.30 pm – 2.00 pmCasualty – Catastrophes

Jonathan Miles Managing Director, Casualty & Financial Lines, Asia Pacific, JLT Re

2.00 pm – 2.45 pm

Panel Discussion: Roadmap To Risk-Based Capital

Frank Dubois Partner, Head of Insurance & Actuarial for Advisory, KPMG Advisory LLP

Jurgen Hoffman Head of Insurance Risk – Supervisory Support Division, Australian Prudential Regulation Authority (APRA)

Lee Wai Yi Director & Head of Supervisory Analytics Division, Insurance Department, Monetary Authority of Singapore (MAS)

Moderator: George Attard Head of Analytics, International, Aon Benfield Asia



7.00 pm – 7.30 pm Break

7.30 pm – 11.00 pm Dinner & Activities

DAY 4: WEDNESDAY, 28 SEPTEMBER 2016

8.30 am – 10.30 am Syndicate Session


10.45 am – 12.15 pm Syndicate Presentations

12.15 pm – 12.45 pm Syndicate Feedback Session

12.45 pm – 2.00 pmLunch & Course Closure

Presentation of the John Allison Award

The Course Schedule, dates, time, duration, venue, topics and presenters may be subject to changes owing to unforeseen circumstances.


KEYNOTE SPEAKER

ORGANISING COMMITTEE

Kenrick Law Regional Chief Executive OfficerHead of P&C Client Management, Asia PacificAllianz SE Reinsurance Branch Asia Pacific

Since May 2014, Kenrick Law leads Allianz SE Reinsurance Branch Asia Pacific as Regional CEO and Head of P&C Client Management Asia Pacific. He oversees all issues for Allianz Re in the Asia Pacific region, and on the business side in particular the P&C business. Having been with the insurance and reinsurance industry for 20 years, Kenrick has held several key positions. After completing his degree in Master of Arts, Economics, he started his professional career under the Asian Trainees Program at Swiss Re in Switzerland and South Africa. He then moved to Swiss Re Hong Kong holding various roles from Treaty Underwriting Manager to Head of Casualty Treaty Underwriting, Asia. Prior to Allianz Re, Kenrick was the Executive Vice President, Client Management at Asia Capital Reinsurance Group Singapore.

Andrew AllisonGeneral Manager - Reinsurance & Underwriting ServicesAllianz Australia

George AttardHead of Analytics, InternationalAon Benfield Asia

Reg CampbellTreaty BrokerAon Benfield

Fi DimosHead of Technical Services Reinsurance & Operations, Chief Financial OfficeIAG

Tom GrahamSenior Class Underwriter (International Non-Marine Treaty)Chaucer

Jurgen HoffmanHead of Insurance Risk – Supervisory Support DivisionAustralian Prudential Regulation Authority (APRA)

Karine KamChief ExecutiveSingapore College of Insurance

Jonathan MilesManaging Director, Casualty & Financial Lines, Asia Pacific JLT Re

Ben MiliauskasSales, Marketing & New BusinessAon Benfield

Scott RyrieCommercial Director, Asia Pacific — Market DevelopmentA.M. Best

Tannia Shell Reinsurance Portfolio ManagerQBE Australia & New Zealand

Soeren SoltysiakUnderwriting Director, Asia Pacific & Head of Southern Asia Pacific & IndiaXL Catlin

Marcus TaylorSenior Manager, Reinsurance InternationalIAG


SPEAKERS

George AttardHead of Analytics, International, Aon Benfield Asia

George Attard joined Aon in 2008 and is based in Singapore. He has over 25 years of experience in financial services across property & casualty (re)insurance, banking and finance, life (re)insurance and pensions leading teams in consulting, analytics and underwriting. As Head of Aon Benfield Analytics, International, George is responsible for the ongoing development and provision of Aon Benfield’s analytical capabilities to meet the client’s strategic risk and capital objectives. This includes Catastrophe Management, Actuarial, Regulatory & Rating Agency Advisory, Research & Product Innovation and other strategic and technical services.


Reg Campbell has over 23 years of work experience in the design and placement of reinsurance programmes. During his career with the Promina Group, he has managed the reinsurance department and controlled the purchase and administration of reinsurance programmes. He has had extensive consultation and involvement with management, finance, claims and actuarial departments on all aspects of reinsurance placements. Since joining Aon Benfield in 2007, Reg has been involved in the design and placement of reinsurance programmes for its clients. Reg has been actively involved in a number of industry seminars and training programmes, including the RISC at Windsor, where he has been on the Organising Committee since 2007. He is currently the Chairman of the Reinsurance Faculty Advisory Board of ANZIIF.

Chan Whye LoonChief Retrocession Officer, Asia Capital Reinsurance

Chan Whye Loon has over 25 years of work experience as an insurance professional with worldwide exposure in USA, Middle East, Malaysia and Singapore. With product knowledge in both life and general insurance, he has involved in roles across the whole insurance organisation in areas of actuarial, underwriting, product/enterprise risk management, natural catastrophe modelling/exposure management, rating agency management, and retrocession management. He has an educational background in Actuarial Science and Insurance.

Before joining Asia Capital Reinsurance, Whye Loon has worked as Chief Risk Officer at Al Fajer Re in Kuwait, Regional Senior Manager (Treaty Underwriting) at Allianz Re Singapore, Senior Assistant Manager (Actuarial) at OAC Malaysia, Associate Consultant at Watson Wyatt Malaysia, Assistant Manager (General Insurance) at AM Assurance Malaysia, and Actuarial Analyst at CL Frates in Oklahoma, USA.

Fi DimosHead of Technical Services Reinsurance & Operations, Chief Financial Office, IAG

Fi Dimos has more than 25 years of experience in all aspects of Reinsurance, Underwriting, Client Management, Operations, Risk and Compliance, Claims and contract wordings. She has held positions in all facets of the business, as a broker, insurer and reinsurer, based in Sydney, with extensive experience in transacting in international markets, predominantly Singapore and London. Fi is a Graduate of the Australian Institute of Company Directors, Senior Associate of ANZIIF, and was awarded the ANZIIF Service to Insurance Industry Award in 2013.

Frank DuboisPartner, Head of Insurance & Actuarial for Advisory, KPMG Advisory LLP

Frank Dubois holds a Master’s Degree in Finance, Banking and Insurance engineering, as well as a Master’s Degree in Business Management from the Universite Paris IX - Dauphine. He is currently a Partner, Head of Insurance & Actuarial for Advisory at KPMG Advisory LLP. He has over 19 years of work experience, including six years in Southeast Asia.

Frank has led a variety of Insurance Audit and Advisory engagements for the general and life insurance and reinsurance companies. He is familiar with the various local and international accounting standards, such as IFRS and US GAAP. He also has expertise on Enterprise Risk Management, Economic Capital modelling, Asset Liability Management, and Embedded Value calculation.

Tom GrahamSenior Class Underwriter (International Non-Marine Treaty), Chaucer Tom Graham is a Chartered Insurer. He is the Non-Marine Treaty Class Underwriter in Chaucer’s Singapore Office. He provides lead capabilities to support the clients’ Property, Casualty and Accident & Health reinsurance business for the Asia and Pacific regions. Tom has over 15 years of experience in underwriting Treaty business, and was previously working as an International Casualty Underwriter in Chaucer’s London Office. He has been with Chaucer for six years. Before that, he was working with the Catlin Syndicate.

Jurgen HoffmanHead of Insurance Risk - Supervisory Support DivisionAustralian Prudential Regulation Authority (APRA)

Jurgen Hoffman has more than 35 years of work experience in the finance sector, including the past 14 years with the Australian Prudential Regulation Authority (APRA). His current role is Head of Insurance Risk in their Supervisory Support Division. He is also a member of APRA’s General Insurance Industry Group. Previously, Jurgen held senior positions within the insurance industry, and had worked for companies such as Allianz, Gerling Re and QBE. He graduated from UTS as Bachelor of Business, and is a Fellow CIP of ANZIIF. For 8 years he lectured part-time at UTS in the subject of Reinsurance, and is a strong supporter of continuous education. His industry involvement extends to committee work, speaker and trainer. In 2012, he joined the Reinsurance Faculty Advisory Board of ANZIIF, and currently also serves as a committee member of the Reinsurance Discussion Group in Sydney.

Shiva IyerExecutive Director, Client Services, Aon Benfield Asia

Shiva Iyer has over 30 years of work experience in the reinsurance industry, both in India and Singapore. His areas of expertise spans almost all areas of the reinsurance business, namely underwriting; claims; accounting; reporting; compliance; and general operations of a reinsurance company.

Currently, he is the Head of Client Services Division in Aon Benfield Singapore, which manages all aspects of post sales services, for reinsurance business emanating from ASEAN region, Taiwan, Korea, and the Indian sub-continent.

Shiva has a Master’s Degree in Commerce from the University of Bombay, and is a Fellow of the Insurance Institute of India.


SPEAKERS

Lee Wai YiDirector & Head of Supervisory Analytics Division, Insurance Department, Monetary Authority of Singapore (MAS)

With over 12 years of work experience in MAS, Lee Wai Yi is now the Director and Head of the Supervisory Analytics Division within the Insurance Department in MAS. Her role involves enhancing the Risk-Based Capital framework for insurers in Singapore (“RBC 2 Review”), conducting stress-testing on insurers, monitoring the macroeconomic inter-linkages between insurance and other financial sectors, and providing other forms of actuarial and analytics support to the insurance supervisors within MAS. She was, and continues to be in some cases, actively involved in a number of projects, such as enhancing the policy owners’ protection scheme and insurance resolution framework in Singapore, key executive persons’ approval regime, as well as the governance and disclosure framework for participating life insurance policies. Wai Yi had also undertaken actuarial roles with a composite insurer and a regional office of a global reinsurer prior to joining MAS as a regulator. Wai Yi holds a Master’s Degree in Business (Actuarial Science) from NTU.

Jonathan MilesManaging Director, Casualty & Financial Lines, Asia Pacific, JLT Re Jonathan Miles has 27 years of work experience across the full spectrum of reinsurance Facultative and Treaty underwriting, product management, wholesale broking, as well as reinsurance broking. This includes 17 years of work experience specialising in Casualty and Professional Liability. His specialisation was in Facultative, Programme and Treaty solutions in his Regional Product Management role with Swiss Re for 10 years. In his previous role at Aon Benfield, Jonathan was involved in a regional centre of competence and broking for various affinity schemes, and Project PI across the region. He has spent 10 years working in both the Hong Kong and Singapore markets. he has been a regular conference speaker on various technical topics in Casualty and Financial Lines. Jonathan holds a US qualification as a Registered Professional Liability Underwriter from PLUS.

Richard SandersExecutive Director & Head Of Catastrophe Analytics, Willis (Singapore) Richard Sanders has worked for Willis Re, part of the Willis Towers Watson Group, since 1994. Previously, he worked in the oil exploration industry in the United Kingdom and overseas. He has been one of the founders of Catastrophe Analytics in Willis Re, being one of the senior catastrophe specialists in the organisation. Richard has worked on natural hazards projects in Japan, Algeria, Europe, and more recently in SE Asia, with particular specialisation in flood risk analysis. Being one of the most experienced catastrophe risk analysts in the insurance industry, he has broad and wide-ranging knowledge across the discipline. Since 2008, he has been based with Willis Re in Singapore, where he represents catastrophe modelling and analysis capabilities, in support of brokers in Southeast Asia. He also coordinates the Asia-Pacific activities of the Willis Research Network. Richard holds a BSc and an MSc in Geography. He is also a Chartered Geographer.

Tannia Shell Reinsurance Portfolio Manager, QBE Australia & New Zealand

Tannia Shell has over 35 years of experience in the reinsurance industry, and is currently Reinsurance Portfolio Manager, QBE Australia/New Zealand division. In this role, she provides reinsurance advice to product and portfolio managers, and is responsible for effective reinsurance purchasing. Tannia has a strong background in reinsurance underwriting, portfolio management, and reinsurance/retrocession purchasing, across all major lines of business, with a global perspective. Previously, she was a portfolio manager for the QBE captive, and has also managed discontinued portfolios. Soeren SoltysiakUnderwriting Director, Asia Pacific & Head of Southern Asia Pacific & India, XL Catlin

Soeren Soltysiak is the Underwriting Director, Asia Pacific and Head of Southern Asia Pacific and India, of XL Catlin’s reinsurance operations. He has served as the Chief Underwriting Officer, Reinsurance for Catlin, before its acquisition by XL Group.

He started his insurance career with Allianz Germany in 1997, and moved to Singapore in 2003 to take up a treaty underwriter role with Allianz Re. Before joining Catlin in 2012, he was the General Manager of Allianz Re’s non-life Treaty operations for the Asia Pacific. Soeren holds a Business Administration degree from the University of Applied Sciences Cologne. He is also a Chartered Insurer, as well as a FCII.

Marcus TaylorSenior Manager, Reinsurance International, IAG

Marcus Taylor’s career in reinsurance began back in 2001, spending 10 years on the broking side of the business working in London, US and Australia. Having spent five years in Sydney, he returned to the UK in 2008 to work across the Asia Pacific account, placing business into London, European and Bermudian markets. In 2011, Marcus left the broking fraternity, moving to Singapore to work in his current role at IAG, looking after their reinsurance captives in Singapore and Labuan. As the Chief Executive Officer of both of these businesses, he is responsible for the day-to-day running of the IAG’s in-house reinsurance operations outside of Australia, covering territories such as New Zealand, Thailand, Malaysia, Vietnam, India and China.


MODERATORSPANEL DISCUSSION: ROADMAP TO RISK-BASED CAPITAL

George AttardHead of Analytics, International, Aon Benfield Asia

George Attard joined Aon in 2008 and is based in Singapore. He has over 25 years of experience in financial services across property & casualty (re)insurance, banking and finance, life (re)insurance and pensions leading teams in consulting, analytics and underwriting. As Head of Aon Benfield Analytics, International, George is responsible for the ongoing development and provision of Aon Benfield’s analytical capabilities to meet the client’s strategic risk and capital objectives. This includes Catastrophe Management, Actuarial, Regulatory & Rating Agency Advisory, Research & Product Innovation and other strategic and technical services.

SYNDICATE ADVISERS


Reg Campbell has over 23 years of work experience in the design and placement of reinsurance programmes. During his career with the Promina Group, he has managed the reinsurance department and controlled the purchase and administration of reinsurance programmes. He has had extensive consultation and involvement with management, finance, claims and actuarial departments on all aspects of reinsurance placements. Since joining Aon Benfield in 2007, Reg has been involved in the design and placement of reinsurance programmes for its clients. Reg has been actively involved in a number of industry seminars and training programmes, including the RISC at Windsor, where he has been on the Organising Committee since 2007. He is currently the Chairman of the Reinsurance Faculty Advisory Board of ANZIIF.

Chan Whye LoonChief Retrocession Officer, Asia Capital Reinsurance

Chan Whye Loon has over 25 years of work experience as an insurance professional with worldwide exposure in USA, Middle East, Malaysia and Singapore. With product knowledge in both life and general insurance, he has involved in roles across the whole insurance organisation in areas of actuarial, underwriting, product/enterprise risk management, natural catastrophe modelling/exposure management, rating agency management, and retrocession management. He has an educational background in Actuarial Science and Insurance. Before joining Asia Capital Reinsurance, Whye Loon has worked as Chief Risk Officer at Al Fajer Re in Kuwait, Regional Senior Manager (Treaty Underwriting) at Allianz Re Singapore, Senior Assistant Manager (Actuarial) at OAC Malaysia, Associate Consultant at Watson Wyatt Malaysia, Assistant Manager (General Insurance) at AM Assurance Malaysia, and Actuarial Analyst at CL Frates in Oklahoma, USA.

Simon Chandler Senior Manager, Sompo Japan Nipponkoa Insurance Inc Simon Chandler has more than 35 years of work experience in Reinsurance, with 10 years in the UK reinsurance market, as well as 25 years in the Australian reinsurance market.

When he was a Reinsurance Broker, he specialised in customised reinsurance programmes for clients, securing “paper” for MGAs, as well as the placement of esoteric and hard-to-place treaty, and facultative reinsurance solutions.

In his current role, among other tasks, he is responsible for buying the reinsurance programmes for Sompo Japan Nipponkoa in Australia and New Zealand. Simon has been actively involved in the RISC in Australia for over 25 years. He has spent 8 years on the RISC Organising Committee, being its Past President for 5 years.

Fi DimosHead of Technical Services Reinsurance & Operations, Chief Financial Office, IAG

Fi Dimos has more than 25 years of experience in all aspects of Reinsurance, Underwriting, Client Management, Operations, Risk and Compliance, Claims and contract wordings. She has held positions in all facets of the business, as a broker, insurer and reinsurer, based in Sydney, with extensive experience in transacting in international markets, predominantly Singapore and London. Fi is a Graduate of the Australian Institute of Company Directors, Senior Associate of ANZIIF, and was awarded the ANZIIF Service to Insurance Industry Award in 2013.

PANEL DISCUSSION: REINSURANCE LIFE CYCLE IN PRACTICE

Scott RyrieCommercial Director, Asia Pacific — Market Development, A.M. Best

Scott Ryrie entered the insurance industry in 1977 straight after leaving school, because his father was a Marine Loss Adjuster, and the Marine Market beckoned. After four years in the direct insurance market in Sydney, he joined Munich Re. Over the next six years, he had responsibilities in marine facultative and treaty business, then casualty facultative and treaty business.Realising the scale (or lack) of the Australian insurance market, he recognised the need to gain overseas experience. He then joined Alexander Howden Reinsurance Brokers, Sydney (now Aon Benfield) in London. The London broking experience at Lloyd’s and the company markets across all lines of business was excellent. Returning to Sydney in 1988, he became a Director of Alexander Howden Reinsurance Brokers until mid-1996. With new challenges beckoned, Scott started Nac Re (XL Re) in Australia in 1996. He then moved to Singapore in 2002 to merge XL Midocean and Le Mans Re, and run the Asia-Pacific Region until 2007. He then joined Allianz Re, Singapore, as the Regional Chief Executive Officer in 2008 until 2011. From 2012 to 2013, Scott worked at Guy Carpenter. After that, he started Ryrie Consulting, working across the Asia-Pacific Region. Since May 2016, Scott has joined A.M. Best as its Commercial Director, Asia-Pacific, based in Singapore.


Jurgen HoffmanHead of Insurance Risk - Supervisory Support DivisionAustralian Prudential Regulation Authority (APRA)

Jurgen Hoffman has more than 35 years of work experience in the finance sector, including the past 14 years with the Australian Prudential Regulation Authority (APRA). His current role is Head of Insurance Risk in their Supervisory Support Division. He is also a member of APRA’s General Insurance Industry Group.

Previously, Jurgen held senior positions within the insurance industry, and had worked for companies such as Allianz, Gerling Re and QBE. He graduated from UTS as Bachelor of Business, and is a Fellow CIP of ANZIIF. For 8 years he lectured part-time at UTS in the subject of Reinsurance, and is a strong supporter of continuous education. His industry involvement extends to committee work, speaker and trainer. In 2012, he joined the Reinsurance Faculty Advisory Board of ANZIIF, and currently also serves as a committee member of the Reinsurance Discussion Group in Sydney.

Kai HuangVice PresidentSenior Property Treaty UnderwriterProperty & Specialty Underwriting, Swiss Re

Kai Huang is a Senior Property Treaty Underwriter and Vice President in the Swiss Re’s Property & Specialty underwriting team for the reinsurance business in Southeast Asia, India, Hong Kong, Taiwan and South Korea (SID in short).

Based in Singapore, he joined Swiss Re in 2010, where he started as a Risk & Capital Analyst and became a Treaty Underwriter for more than five years. He is also a Structurer for the Structured Reinsurance Solutions (SRIS) business.

Kai is a Fellow at the Society of Actuaries and is also a Chartered Enterprise Risk Analyst. He holds a Master degree in Actuarial Science from the University of Lausanne, as well as a Bachelor degree in Mathematics from the Fudan University.

Shiva IyerExecutive Director, Client Services, Aon Benfield Asia

Shiva Iyer has over 30 years of work experience in the reinsurance industry, both in India and Singapore. His areas of expertise spans almost all areas of the reinsurance business, namely underwriting; claims; accounting; reporting; compliance; and general operations of a reinsurance company.

Currently, he is the Head of Client Services Division in Aon Benfield Singapore, which manages all aspects of post sales services, for reinsurance business emanating from ASEAN region, Taiwan, Korea, and the Indian sub-continent.

Shiva has a Master’s Degree in Commerce from the University of Bombay, and is a Fellow of the Insurance Institute of India.

Les LohDeputy Chief Underwriting Officer, AXIS Re - Asia Pacific

Les Loh joined AXIS Re in 2009 and has over 18 years of experience in the re/insurance field. He is responsible for developing and underwriting Property Treaty business for the Asia Pacific region in AXIS Re. Before joining AXIS Re, Les worked in Aon Benfield as a Treaty Broker and prior to his tenure at Aon Benfield, he held underwriting positions at Sumitomo Marine and Korean Re in Singapore. Les graduated with a Bachelor of Business Studies Degree (Major in Insurance) from Nanyang Technological University in Singapore.

Tobias PfauRegional Chief Underwriter Treaty – Asia Pacific, Gen Re

Tobias Pfau is currently Regional Chief Underwriter for the Asia Pacific, non-life treaty business of Gen Re. In 2000, he joined Gen Re in Cologne, Germany, on the underwriting side and gained first experience in the French and Australian markets. In 2004, he moved from Germany to Australia where he joined Gen Re in Sydney, focusing mainly on property and marine business. He added catastrophe underwriting for Asia Pacific to his responsibilities and became Underwriting Manager for Gen Re Australia, focusing on Australia, New Zealand and the Pacific Islands. In 2014, he joined Gen Re’s Senior Management team as the Regional Chief Underwriter, Asia Pacific. Tobias holds a degree in business and economic sciences, and is a certified catastrophe risk analyst.

Alessandro SimiHead of Reinsurance for QBE Emerging Markets (Asia, Pacific & Latin America), QBE Insurance Group

Alessandro Simi has some 28 years of reinsurance experience across a number of underwriting, administrative and analytical roles in Australia and overseas. He has been with QBE for almost 14 years, most recently as Underwriting Manager for the Group Reinsurance Captive in Bermuda. Previously, he also worked for the Reinsurance Australia Corporation in Sydney and Paris, for Winterthur in Sydney, and for Allianz Re in Milan. Alex, as he is known, has a strong background in reinsurance underwriting, portfolio management, and reinsurance purchasing, across all major lines of business.

Doreen Tan Senior Manager & Head of Analytics/Actuarial Services – Treaty Division, UIB Asia Reinsurance Brokers

Doreen Tan began her career in 2008 as an Actuarial Analyst at Marsh Australia, where she was responsible for providing risk and analytical solutions to some of Marsh’s largest clients. In 2011, she joined Guy Carpenter Australia as a Treaty Account Manager for large global programmes. Having gained experience in reinsurance on all types of original risks, she has for a number of years specialised in the reinsurance of Property and Casualty lines, with particular emphasis on niche specialty lines. More recently, she was employed as an Underwriter at Berkshire Hathaway Insurance Australia in the Personal Lines Team. Recently, Doreen has been relocated to Singapore to offer her full commitment to the prospective and existing clients of UIB Asia. Her main responsibilities are largely to develop the regional actuarial and modelling capabilities, and to support the UIB’s growth plans in the new and existing markets.

Tay Boon ChuanTreaty Underwriter, Tokio Marine Kiln Singapore

Tay Boon Chuan is a Treaty Underwriter with Tokio Marine Kiln Singapore, and has 20 years of industry experience. He currently underwrites Treaty Reinsurance, predominantly in Property and Engineering classes across the Asia Pacific region. He started his career in Swiss Re in 1997, followed by Asia Capital Reinsurance in 2007. Boon Chuan holds a Master in Business Administration and is ACII qualified.

SYNDICATE ADVISERS


“Overall, the RISC was a fruitful experience to connect with other delegates and syndicate advisers, and be able to receive updates on recent Reinsurance Market Trends during the sessions. Also, it gave me an opportunity to practise with other delegates how to optimise the reinsurance structure under certain conditions. That was pretty meaningful. Lastly, the atmosphere was quite good.”

- Kim Do Hyung, Korean Re

WHAT OTHERS SAY

“It was one of the most intensive course on reinsurance that I had ever attended. I had learnt a lot in the course, not only on reinsurance, but also on other critical management skills like teamwork, presentation skills, and having the endurance to work late into the night (in a very cold weather, no less) to complete our projects for the next day’s presentation. The facilitators were very patient and gave the team a lot of guidance in a very general way, to ensure that we learn and discover the principles of reinsurance ourselves, rather than spoon feeding us with the answers. The best part of the Course was that the participants get to learn how to build a treaty reinsurance programme from scratch.”

- Nicole Ng, IAG

“WARNING: RISC is not for the faint hearted. It was an absorbing experience where delegates lived and breathed reinsurance in a fast-paced environment from start to finish. The impactful content, engaging speakers, ample networking opportunities, and creative mode of education ensured that there was never a dull moment. In particular, delegates were given the opportunity to apply newly acquired skills in a real life scenario, i.e. via representing their syndicates in the strategic purchase of reinsurance. This required thinking critically about key factors, including reflecting board risk appetite, technical and commercial pricing considerations, as well as regulatory constraints. Despite the rapid pace and breadth of topics covered, the syndicate discussions were ably facilitated by friendly syndicate leaders in an open atmosphere conducive to learning. Given Singapore’s increasing prominence on the global traditional reinsurance and alternative capital market’s stage, I would highly recommend the RISC Course to aspiring industry professionals to broaden both their minds and networks, by immersing themselves in the RISC Course.”

- Alexander Pui, Willis Re


“I attended the RISC in 2012. It was one of the best, most practical educational experiences in my professional career. The Course was very interactive, and I would enthusiastically recommend it to anyone who would like to advance his or her career or knowledge in reinsurance. The RISC is also a fantastic networking opportunity. I met so many wonderful people there, many of whom I have remained friends with until today.”

- Doreen Tan, UIB Asia (Singapore)

“The ANZIIF/RISC Reinsurance International Study Course is a first-class training event held in an excellent team environment for participants. Over the past 15 years, I have always encouraged my teams to attend this Course for the insights and networking opportunities that it provides. As this is the first time that this Course is to be held in Singapore, I am sure that the Singapore Course will build on the success that has achieved in Australia.”

- Glen Riddell, Berkley Re Asia

WHAT OTHERS SAY

“As someone who attended the ANZIIF Reinsurance Course in Windsor, New South Wales, over 20 years ago, I would recommend the inaugural Singapore RISC as a way of gaining an intensive and thorough understanding of the technical and practical aspects of the reinsurance industry. The course had provided me with a strong theoretical grounding and facilitated the opportunity to put the theory into practice under the guidance of experienced industry professionals. Over the years, Willis Re has sent delegates to the ANZIIF courses. All those delegates and I have benefited immensely from having had that experience.”

- James Beedle, Willis Re


VENUE The Shangri-La’s Rasa Sentosa Resort & Spa

101 Siloso Road, Sentosa, Singapore 098970

Singapore

ANZIIF/SCI RISC Singapore is a residential course and delegates are

encouraged to stay on-site.

LEVELIntermediate to Advanced

CPD HOURS (GIA)

29.5 Hours

The course comprises 10 hours of presentations from senior industry

professionals (including panel discussion sessions) and 19.5 hours of

syndicate group work.

ANZIIF CIP Upon completion of ANZIIF/SCI RISC Singapore, delegates will earn 18 Certified Insurance Professional (CIP) points.

DRESS CODE

Smart casual

WHAT TO BRING Please bring along a calculator. It is also recommended that delegates bring a laptop to the course.

LANGUAGE

A good command of the English language is essential.

COURSE DETAILSCOURSE FEE PER DELEGATE

Description Singapore-Based Delegate (Including GST)

Overseas Delegate

Member Company* Without Accommodation (Covers course materials and all meals)

S$3,210.00 S$3,000.00

Member Company* With Accommodation (Single Occupancy)(Covers 3-night accommodation, course materials and all meals)

S$4,304.61 S$4,094.61

Non-Member Company Without Accommodation(Covers course materials and all meals)

S$3,745.00 S$3,500.00

Non-Member Company With Accommodation (Single Occupancy)(Covers 3-night accommodation, course materials and all meals)

S$4,839.61 S$4,594.61

* Member Company rate is applicable to any SCI or ANZIIF Member. COURSE FUNDINGFinancial Training Scheme (FTS) FundingThe FTS is available to eligible entities, at a 50% funding level of course fees, subject to all eligibility criteria being met. FTS claims may only be made for programmes listed on the FTS Programme Directory. Please refer to www.ibf.org.sg for more information.

Note: Overseas-based delegates and all their ancillary expenses will not qualify for the FTS funding.

REGISTRATION CLOSING DATEFriday, 26 August 2016. Places are strictly limited so we recommend that you book early to avoid missing out.

REGISTRATION PROCEDURERegistrations received for ANZIIF/SCI RISC Singapore will undergo a screening process. The SCI reserves the right to reject any registration that does not meet the course criteria.

PRE-COURSE PREPARATIONTo ensure that delegates will be adequately prepared for ANZIIF/SCI RISC Singapore, a 3-hour online course entitled “Introduction to Reinsurance” will be made available to you upon registration. We ask that all delegates complete this course, before the commencement of ANZIIF/SCI RISC Singapore. SYNDICATE ADVISERSSyndicate groups will be guided by senior practitioners from the industry.

JOHN ALLISON AWARDThis award is presented at RISC in honour of John Allison’s 50-year contribution to the reinsurance industry, and in particular the Reinsurance International Study Course. The award will be presented to the top performer at ANZIIF/SCI RISC Singapore. OVERSUBSCRIPTIONIn the event of oversubscription, the Organising Committee reserves the right to accept applications based on the principle of providing equal representation across the industry, wherever possible.


SPONSORSPROGRAMME PARTNER

SATCHEL SUPPORT

Gray

C 0M 0Y 0K 15

Allianz Blue

C 100M 65Y 0K 15Pantone 287

Pantone 287

SILVER

MEMBER COMPANIES OF RBAS:

84c 0m 100y 9k100c 90m 40y 52kblack

13 mm 25 mm 50 mm32 mm 70 mm

SPEAKERS’ GIFTS

J B BODA & CO (S) PTE LTD


CONTACT INFORMATION

Singapore College of Insurance Limited

9 Temasek Boulevard

#14-01/02/03 Suntec Tower Two

Singapore 038989

General Enquiry

(+65) 6221 2336

Fax

(+65) 6220 6684

E-mail

[email protected]

Website

https://www.scicollege.org.sg/RISC

CPE Registration No.

199408491M

Period of CPE Registration

From 26 September 2015 to

25 September 2019

Information presented on this marketing material is

correct at the time of publishing. However, changes to the

course contents, dates, time, duration, venue and faculty

members can occur owing to unforeseen circumstances.

Every effort will be made to inform all participants of

such changes on a timely basis.

© 2016 Singapore College of Insurance Limited (SCI).

All Rights Reserved by SCI.

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) is the leading membership, education, training and professional development organisation for the insurance and finance industry in the Asia-Pacific region.

ANZIIF partners with companies, government and non-profit organisations to provide a range of services that support professional excellence to enhance the standards, reputation and success of the industry and improve community understanding of insurance and finance.

Established in 1884, ANZIIF works with members in 50 countries and has offices in Australia, New Zealand and China.

The Singapore College of Insurance (SCI) is a not-for-profit professional training and education body set up in 1974, as part of Singapore’s efforts to develop as a financial hub.

For more than 42 years, the SCI has remained focused in its efforts to upgrade the technical expertise of insurance and financial services practitioners, and to provide them with professional advancement opportunities, through its series of practice-oriented programmes and internationally-accredited qualifications. Since the late 1970s, the SCI has also played the role of an industry examination body to conduct regulatory examinations for those wishing to join the financial advisory, life and general insurance industries.

In recent years, the SCI has also expanded its role to include talent development programmes, such as the Insurance Executive Scholarship Programme (IESP) and the Insurance Management Associate Programme (iMAP) that have succeeded in attracting and placing numerous fresh tertiary talent into the varied functions in the industry. The SCI was voted the Asia Insurance Industry Educational Service Provider of the Year in 1997, 2001 and 2007. It has international links with professional bodies, such as The Chartered Insurance Institute in the United Kingdom and The American College in the United States of America, as well as with other training institutes in the region, through its involvement in the ASEAN Insurance Education Committee projects. The SCI has also actively helped to set up the Asia-Pacific Risk and Insurance Association (APRIA) to further insurance education, and to promote links between academia and the industry.

Version 3: 7 September 2016


ONLINE REGISTRATIONw w w. s c i c o l l e g e . o r g . s g / r i s c

ENQUIRIES

Tel: (65) 6221 2336 Fax: (65) 6220 6684E-mail: [email protected]: 9 Temasek Boulevard, #14-01/02/03 Suntec Tower Two, Singapore 038989

https://www.scicollege.org.sg/RISC/

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