UNLOCKING NON-TRADITIONAL DATA FOR RISK ANALYTICS

Rendani Mbuvha

PresentationAudio Recording

18 October 2017 | 11:45 – 12:45 | Committee 2

Relevant practice area(s):Data Analytics

Suggested audience knowledge level: Foundational and Intermediate

Abstract:

 

This workshop will provide practical ways for incorporating non-traditional data such as speech, text and images to enhance our understanding of actuarial and financial risks. Participants will work through a short exercise on how to build predictive models on newsfeed data using bag-of-words features(rating factors) in R. Details on how to extract meaningful features using Mel-frequency Cepstral Coefficients (MFCCs) for speech and histogram oriented gradients for images will be discussed.

“TEST AND TREAT”: CHANGING THE FACE OF INSURANCE FOR PEOPLE LIVING WITH HIV?

Kadene Gibbs, Matthew Procter

PresentationAudio Recording

17 October 2017 | 10:50 – 11:50 | Ballroom 2|3|4

Relevant practice area(s):Life Insurance

Suggested audience knowledge level: Intermediate

Abstract:

 

Recent updates to WHO guidelines to test and treat HIV+ individuals are expected to significantly increase life expectancy. Morbidity, which drives HIV mortality, is also expected to decline considerably.

CREDIT ENHANCEMENT, RISK MANAGEMENT & STRUCTURED FINANCE FOR ACCELERATED INVESTMENT AND ECONOMIC GROWTH IN AFRICA

Michael Tichareva

Presentation

17 October 2017 | 10:50 – 11:50 | Committee 4

Relevant practice area(s):Banking

Suggested audience knowledge level: All levels

Abstract:

The topic explores the problems currently being faced by African economies to achieve increased infrastructure development, trade and accelerated economic growth. The opportunities are many and entrepreneurial spirit is evident. However, the funding support structures are inadequate, thus constraining the full development of entrepreneurship and the African economies.

REGULATORY UPDATE

Suzette Vogelsang

Presentation

17 October 2017 | 14:45 – 15:450 | Ballroom 1

Relevant practice area(s):Regulatory

Suggested audience knowledge level: Foundational

Abstract:

The regulatory landscape in South Africa is ever evolving with a number of key changes in legislation expected in 2017 and 2018. This is all in the backdrop of fundamental changes in the way the financial sector will be regulated in South Africa going forward. In this session Suzette Volgelsang from the FSB will provide an overview and status update of the key legislative and regulatory changes and give some insight on how they will be implemented.

IFRS 17 – PROCESS AND DATA IMPACTS

Andrew Warren

PresentationAudio Recording

17 October 2017 | 13:15 – 14:15 | Ballroom 1

Relevant practice area(s):Life Insurance

Suggested audience knowledge level: Intermediate

Abstract:

The accounting reporting standard IFRS 17 – Insurance Contracts was launched in May this year after almost 20 years in development. The implications on the changes to determining the liabilities and provisions for insurance contracts, and the resulting income statement, have been the main areas of discussion during this period.