REINSURANCE
INTERNATIONAL
STUDY COURSE
SINGAPORE
Inaugural Year • 25 to 28 September 2016
Shangri-La’s Rasa Sentosa Resort & Spa, Singapore
Supported by Monetary Authority of Singapore
R E G I S T E R N O W !
www.scicollege.org.sg/RISC
LIMITED PLACES AVAILABLE – BOOK NOW TO AVOID DISAPPOINTMENT
ANZIIF/SCI REINSURANCE INTERNATIONAL STUDY
COURSE (RISC) SINGAPORE
OVERVIEW
The 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 OPPORTUNITY
The 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.
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
LEARNING OUTCOMES
At the conclusion of ANZIIF/SCI RISC Singapore, delegates will be able to demonstrate
proficiency in four key areas, namely:
1
STRATEGIC
• Articulate the importance of reinsurance in relation to a
company’s strategy, growth and underwriting philosophy
3
• Analyse and interpret the impact of reinsurance on a
company’s financial position
• Demonstrate how a company’s reinsurance programme
interacts with its risk appetite
• Explain the impact of alternative reinsurance structures
on the risk-based capital (RBC) calculations
• Analyse how the reinsurance programmes interact with
the portfolio management and underwriting practices
• Analyses the alternative reinsurance commission
structures and explain their financial impact on the
portfolio
• Demonstrate an understanding of the role played by a
Board in setting reinsurance strategy
2
FINANCIAL
• 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
4
LEGAL & REGULATORY
• Articulate the best practice risk management principles
and protocols on reinsurance purchasing
• Describe how the various reinsurance programmes
interact
• Articulate the regional regulatory requirements relating
to reinsurance
• Explain how to read and interpret a contract wording
• Demonstrate an understanding of the regional
regulatory controls on reinsurance purchasing
• 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
• 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
WHO WOULD BENEFIT FROM THIS COURSE?
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.
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
3
COURSE SCHEDULE
DAY 1: SUNDAY, 25 SEPTEMBER 2016 Catastrophe XL Modelling
2.15 pm – 2.45 pm
Richard Sanders Executive Director & Head Of
Catastrophe Analytics, Willis (Singapore)
12 noon – 12.30 pm
Registration
12.30 pm – 2.00 pm
Lunch
2.45 pm – 3.00 pm
Afternoon Tea
Official Welcome & Course Opening
3.00 pm – 6.00 pm
Syndicate Session
6.00 pm – 6.30 pm
Break
6.30 pm – 7.30 pm
Dinner
7.30 pm – 9.30 pm
Syndicate Session
2.00 pm – 2.15 pm
Andrew Allison General Manager – Reinsurance &
Underwriting Services, Allianz Australia
George Attard Head of Analytics, International,
Aon Benfield Asia
Introduction To Reinsurance
Decision-Making
2.15 pm – 2.45 pm
Fi Dimos Head of Technical Services,
Reinsurance & Operations, Chief Financial Office, IAG
Shiva Iyer Executive Director, Client Services,
Aon Benfield Asia
Panel Discussion: Reinsurance Life
Cycle In Practice
Reg Campbell Treaty Broker, Aon Benfield
2.45 pm – 3.30 pm
Chan Whye Loon Chief Retrocession Officer,
Asia Capital Reinsurance
Tannia Shell Reinsurance Portfolio Manager,
QBE Australia & New Zealand
DAY 3: TUESDAY, 27 SEPTEMBER 2016
Casualty Reinsurance
8.30 am – 10.00 am
10.00 am – 10.30 am
Morning Tea
10.30 am – 12.30 pm
Syndicate Session
12.30 pm – 1.30 pm
Lunch
Casualty – Catastrophes
1.30 pm – 2.00 pm
Afternoon Tea
4.00 pm – 5.00 pm
Syndicate Group Introductions
& Session
5.00 pm – 6.00 pm
Frank Dubois Partner, Head of Insurance & Actuarial
for Advisory, KPMG Advisory LLP
2.00 pm – 2.45 pm
Keynote Session: Reinsurance
– Staying Relevant In The New Economy
Break
6.30 pm - 10.30 pm
Dinner & Syndicate Activities
DAY 2: MONDAY, 26 SEPTEMBER 2016
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)
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
Jonathan Miles Managing Director, Casualty &
Financial Lines, Asia Pacific, JLT Re
Panel Discussion: Roadmap To
Risk-Based Capital
Moderator: Scott Ryrie Commercial Director,
Asia Pacific — Market Development, A.M. Best
3.30 pm – 4.00 pm
Tom Graham Senior Class Underwriter (International
Non-Marine Treaty), Chaucer
Moderator: George Attard Head of Analytics,
International, Aon Benfield Asia
2.45 pm – 3.15 pm
Afternoon Tea
3.15 pm – 7.00 pm
Syndicate Session
7.00 pm – 7.30 pm
Break
7.30 pm – 11.00 pm
Dinner & Activities
Risk Appetite
8.30 am – 9.15 am
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
Property – Pro Rata & Risk XL
11.00 am – 11.30 am
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
DAY 4: WEDNESDAY, 28 SEPTEMBER 2016
8.30 am – 10.30 am
Syndicate Session
10.30 am – 10.45 am
Morning Tea
10.45 am – 12.15 pm
Syndicate Presentations
12.15 pm – 12.45 pm
Syndicate Feedback Session
12.45 pm – 2.00 pm
Lunch & Course Closure
Presentation of the John Allison Award
Property – Catastrophe XL
1.30 pm – 2.15 pm
Marcus Taylor Senior Manager,
Reinsurance International, IAG
The Course Schedule, dates, time, duration, venue, topics and presenters may be subject to changes owing to unforeseen circumstances.
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
ORGANISING COMMITTEE
Andrew Allison
General Manager - Reinsurance & Underwriting Services
Allianz Australia
Karine Kam
Chief Executive
Singapore College of Insurance
George Attard
Head of Analytics, International
Aon Benfield Asia
Jonathan Miles
Managing Director, Casualty & Financial Lines, Asia Pacific
JLT Re
Reg Campbell
Treaty Broker
Aon Benfield
Ben Miliauskas
Sales, Marketing & New Business
Aon Benfield
Fi Dimos
Head of Technical Services
Reinsurance & Operations, Chief Financial Office
IAG
Scott Ryrie
Commercial Director, Asia Pacific — Market Development
A.M. Best
Tom Graham
Senior Class Underwriter (International Non-Marine Treaty)
Chaucer
Jurgen Hoffman
Head of Insurance Risk – Supervisory Support Division
Australian Prudential Regulation Authority (APRA)
Tannia Shell
Reinsurance Portfolio Manager
QBE Australia & New Zealand
Soeren Soltysiak
Underwriting Director, Asia Pacific & Head of Southern
Asia Pacific & India
XL Catlin
Marcus Taylor
Senior Manager, Reinsurance International
IAG
KEYNOTE SPEAKER
Kenrick Law
Regional Chief Executive Officer
Head of P&C Client Management, Asia Pacific
Allianz 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.
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
5
SPEAKERS
George Attard
Head of Analytics, International, Aon Benfield Asia
Frank Dubois
Partner, Head of Insurance & Actuarial for Advisory, KPMG Advisory LLP
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.
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.
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
Treaty Broker, Aon Benfield
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 Loon
Chief 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 Dimos
Head 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.
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
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 Graham
Senior 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 Hoffman
Head of Insurance Risk - Supervisory Support Division
Australian 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 Iyer
Executive 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 subcontinent.
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 Yi
Director & 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 stresstesting 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 Miles
Managing 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 Sanders
Executive 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.
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 Soltysiak
Underwriting 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 Taylor
Senior 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.
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.
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
7
MODERATORS
PANEL DISCUSSION: ROADMAP TO RISK-BASED CAPITAL
PANEL DISCUSSION: REINSURANCE LIFE CYCLE IN PRACTICE
George Attard
Head of Analytics, International, Aon Benfield Asia
Scott Ryrie
Commercial Director, Asia Pacific — Market Development, A.M. Best
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.
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.
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
Treaty Broker, Aon Benfield
Simon Chandler
Senior Manager, Sompo Japan Nipponkoa Insurance Inc
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.
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.
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 Loon
Chief 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.
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
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 Dimos
Head 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.
SYNDICATE ADVISERS
Jurgen Hoffman
Head of Insurance Risk - Supervisory Support Division
Australian 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 Huang
Vice President
Senior Property Treaty Underwriter
Property & 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 Iyer
Executive 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 subcontinent.
Shiva has a Master’s Degree in Commerce from the University of Bombay,
and is a Fellow of the Insurance Institute of India.
Les Loh
Deputy 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 Pfau
Regional 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 Simi
Head 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 Chuan
Treaty 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.
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
9
WHAT OTHERS SAY
“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
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“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
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
“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
“I attended the RISC in 2012. It was one of the
“As someone who attended the ANZIIF
best, most practical educational experiences
Reinsurance Course in Windsor, New
in my professional career. The Course was
South Wales, over 20 years ago, I would
very interactive, and I would enthusiastically
recommend the inaugural Singapore
recommend it to anyone who would like to
RISC as a way of gaining an intensive and
advance his or her career or knowledge in
thorough understanding of the technical and
reinsurance. The RISC is also a fantastic
practical aspects of the reinsurance industry. networking opportunity. I met so many
The course had provided me with a strong
wonderful people there, many of whom I
theoretical grounding and facilitated the
have remained friends with until today.”
opportunity to put the theory into practice
- Doreen Tan, UIB Asia (Singapore)
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
“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
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
11
COURSE DETAILS
VENUE
The Shangri-La’s Rasa Sentosa Resort & Spa
101 Siloso Road, Sentosa, Singapore 098970
COURSE 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
Singapore
ANZIIF/SCI RISC Singapore is a residential course and delegates are
encouraged to stay on-site.
Non-Member Company
S$4,839.61
S$4,594.61
With Accommodation
(Single Occupancy)
(Covers 3-night accommodation,
course materials and all meals)
* Member Company rate is applicable to any SCI or ANZIIF Member.
LEVEL
Intermediate to Advanced
CPD HOURS (GIA)
COURSE FUNDING
Financial Training Scheme (FTS) Funding
The 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.
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.
REGISTRATION CLOSING DATE
Friday, 26 August 2016. Places are strictly limited so we recommend that you
book early to avoid missing out.
REGISTRATION PROCEDURE
Registrations 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 PREPARATION
To 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 ADVISERS
Syndicate groups will be guided by senior practitioners from the industry.
LANGUAGE
A good command of the English language is essential.
JOHN ALLISON AWARD
This 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.
OVERSUBSCRIPTION
In 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.
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
SPONSORS
PROGRAMME PARTNER
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
13
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.
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.
Version 3: 7 September 2016
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ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
ANZIIF/SCI Reinsurance International Study Course (RISC) Singapore
15
ONLINE
R E G I S T R AT I O N
w 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 6684
E-mail: [email protected]
Address: 9 Temasek Boulevard, #14-01/02/03 Suntec Tower Two, Singapore 038989