The program will include industry-relevant topics and updates, thought-provoking presentations as well as interactive sessions in the form of workshops, which proved quite popular at the previous Convention.

A diverse range of topics will be presented by experts from the Actuarial industry as well as wider fields, covering not only what is relevant in South Africa currently, but also stretching out to the rest of the globe. The topics were carefully selected with an aim to inspire, educate and entertain the mind while addressing practical problems faced by actuaries and potential solutions to these problems. To highlight but a few:

— Driverless cars: how they work and how they will be priced

— Augmented Reality Insurance: view of a working prototype

— Slaying the dragon: improving individual and company returns on investment in actuarial education

— The Life Esidimeni arbitration and the actuarial quantification of constitutional damages

— Default regulation and investment strategies in retirement

— AI in actuarial science, leadership in the era of InsureTech

— IFRS 17 and SAM implementation learnings

— A formulation of ecological value added

 

Download the Programme.

Wednesday, 24 Oct 2018
08:00 AM 09:00 AM Registration and refreshments | Exhibition Halls 1 and 2
09:00 AM 10:00 AM OPENING PLENARY | Auditorium 1

Alain Peddle, Deputy CEO, Ping An Health

10:00 AM 10:10 AM Transfer time
10:10 AM 11:25 AM Concurrent sessions

Auditorium 1

Data Analytics

Ballroom East

Life Assurance

Ballroom West
Healthcare
Meeting Room 1.4
Retirement Matters
Meeting Room 1.6
Banking
The bots are here! Analytics and automation in life insurance pricing
Louis Rossouw
AND
Augmented reality insurance
Adriaan Rowan, Alex ConwayChair – Anton Gerber
Sponsors – Anton Gerber, Matt Zylstra
IFRS 17: Getting to grips with profit and revenue
Jacques Kritzinger, Christiaan Nel, Carolyn Clarke, Emce van Zyl
AND
Reinsurance in the IFRS 17 operating environment
Michael Meerkotter, Theuns BothaChair – Sinenhlahla Nzama
Sponsors – Jason Cooper-Williams, Deon Booysen
How much is enough: Bringing actuarial modelling to bear on medical specialist planning in a changing world
Shivani Ranchod, Dave StrugnellChair – Thandi McizanaSponsor – Barry Childs
In fund living annuities: Issues to consider when retirement funds implement in fund annuity strategies and the experience and learnings to date
David Gluckman, Danie van ZylChair – Malusi NdlovuSponsor – Grant Base
Cloud-based managed services in banking and an IFRS 9 case study
Matthew WalkerChair and Sponsor – Motlatsi Mutlanyane
Workshops

Exhibition Hall
Short-term Insurance
Meeting Room 2.4
Transformation
FULLY BOOKED

Open source geocoding tools and datasets
Clive Hogarth
Sponsor – Carolyn Thompson

Diversity and inclusion workshop: Rank, power and privilege
Nene Molefi
11:25 AM 12:40 PM Lunch and exhibition | Exhibition Hall
12:40 PM 01:40 PM Concurrent sessions

Auditorium 1

All

Ballroom East

Life Assurance

Ballroom West

Education

Meeting Room 1.4
Investments
Meeting Room 1.6
Short-term Insurance
Entrepreneurial session
Schalk Malan (CEO of BrightRock), Shivani Ranchod (CEO of Percept), Mbulelo Mpofana (co-founder of InvestSure)
Chair – Marcé Marx
EV is dead, long live EV? Gert van den Berg, Riaan van Reenen, Musa Malwandla

Chair: Peter Tripe

Sponsor – Peter Withey

Slaying the dragon: improving company and individual returns on investments in actuarial education
Mike McDougall
Chair: Roseanne Harris
A formulation of ecological value added
Rob Thomson
Chair and Sponsor – Louis an As
Growing insurance and challenges in emerging markets
Jaco van der Merwe, Jean Gerin
Chair – Hantie van Heerden
Workshops

Exhibition Hall
Retirement Matters
Meeting Room 2.4
Transformation
FULLY BOOKED

A projection of the SA government’s social security obligations: 2017-2037
Natalie van Zyl, William Melville, Dewald Muller
Chair and
Sponsor – Stephen Walker

Diversity and inclusion workshop: Managing gender dynamics 
Nene Molefi
01:40 PM 02:15 PM Refreshment break and exhibition | Exhibition Hall
02:15 PM 03:15 PM Concurrent sessions

Auditorium 1

Life Assurance

Ballroom East

All

Ballroom West

Short-term Insurance

Meeting Room 1.4
Healthcare
Meeting Room 1.6
Professional Matters
An investigation of the hierarchy of simplifications for risk margins in the solvency assessment and management framework
Peter Carswell, Ross Farnaby, Nikhara Nirghin
Chair – Fhatuwani NemakhavhaniSponsor – Andy Rayner
An overview of demography in the business sector in the pursuit of improved national interests
Diego Iturralde
Machine learning and artificial intelligence: tips and traps for insurance pricing and beyond
Lukas Ehlers, Karl Meissner-Roloff
Chair and
Sponsor – Louis Rossouw
Testing mean reversion characteristics of doctor efficiency measurement
Matan Abraham
Chair – Matt ZylstraSponsor – Warren Daly
Is there room for actuaries in public policy?
Lusani Mulaudzi
Chair: Sinethemba MbanaSponsor – Mickey Lowther
Workshops

Meeting Room 2.4

Transformation

Diversity and inclusion workshop: Multi-generational
Nene Molefi
03:15 PM 03:25 PM Transfer time
03:25 PM 04:25 PM CLOSING PLENARY | Auditorium 1

Jeremy Gardiner, Director, Investec

04:25 PM 04:25 PM CLOSE
04:25 PM 06:30 PM At leisure and travel to venue
07:00 PM 11:00 PM Social: Cocktails & Dinner | Shimmy Beach Club
Thursday 25 Oct 2018
08:00 AM 09:00 AM Registration and refreshments | Exhibition Halls 1 and 2
09:00 AM 09:50 AM President’s address | Auditorium 1

Peter Withey, President, Actuarial Society of South Africa

09:50 AM 10:00 AM Transfer time
10:00 AM 11:15 AM Concurrent sessions

Auditorium 1
Life Assurance
Ballroom East
Short-term Insurance
Ballroom West
Retirement Matters and Investments
Meeting Room 1.4
Microinsurance
Meeting Room 1.6
Damages
The ripple effect of Solvency II: two years in
Colin Dutkiewicz
AND
Capital management for shareholder value
Idelia Hoberg
Chair – Morne de Vos
Sponsors – Nicolette Patchett, Wikus Luus
Power, incentives, and ignorance: the three horsemen of the insurance apocalypse?
Sumarie Greybe, Alex Thomson
AND
Driverless vehicles: how they work and how they will be priced
Sarvesh Maharaj, Lukas Ehlers
Chair – Karl Meissner-Roloff
Sponsors – Karl Meissner-Roloff, Ronald Richman
Constructing optimal investment strategies for retirement income by comparing the blending of deferred and immediate annuities with traditional asset classes
John Anderson
AND
What do you want? Managing risks for better outcomes when you retire
Warren Matthysen
Chair – Twané Wessels
Sponsors – Shaun Levitan, Twané Wessels
Actuaries and microinsurance: professionalsm, financial soundness and value to customers
Janice Angove, William Melville, Seth Eshun
Chair – David KirkSponsor – Stephen Burgess
The Life Esidimeni arbitration and the actuarial quantification of constitutional damages
Gregory Whittaker
Chair andSponsor – Wim Loots
Workshops

Exhibition Hall
Data Analytics
Meeting Room 2.4
Transformation
FULLY BOOKED

Machine learning actuaries
Louis Rossouw
Chair – Adriaan Rowan

Diversity and inclusion workshop: Rank, power and privilege
Nene Molefi
11:15 AM 11:45 AM Refreshment break and exhibition | Exhibition Hall
11:45 AM 12:45 PM Concurrent sessions

Auditorium 1
All
Ballroom East
Wider Fields
Ballroom West

ERM

Meeting Room 1.4
Professional Matters
Meeting Room 1.6
Short-term Insurance
ASABA Actuaries in Dialogue:  Solutions for Municipality Crisis Minister Zwelini Mkhize, Shivani Ranchod, Themba Gamedze

Chair and Facilitator – Karabo Morule

Insurtech hype: technology is not threatening your workforce. Poor leadership is
Dimitri Anagnostopoulos
Chair and
Sponsor – Evelyn Olwagen
Beyond the hype: a risk management framework for insurance firms in the era of grand technological promises
Shasmi Choudree, Ope Bobade
Chair – Sure Mataramvura
What is fair and who gets to decide?
David Kirk
Chair – Tanya van Niekerk
Artificial intelligence in Actuarial Science
Ronald Richman
Chair – Catherine Wroblewski
Workshops

Exhibition Hall
Retirement Matters
Meeting Room 2.4
Transformation
FULLY BOOKED

A projection of the SA government’s social security obligations: 2017-2037
Natalie van Zyl, William Melville, Dewald Muller
Chair – Guy ChennellsSponsor – Stephen Walker

Diversity and inclusion workshop: Managing gender dynamics
Nene Molefi
12:45 PM 01:45 PM Lunch and exhibition | Exhibition Hall
01:45 PM 02:45 PM Concurrent sessions

Auditorium 1
Life Assurance
Ballroom East
Data Analytics
Ballroom West
All
Meeting Room 1.4
Wider Fields
Meeting Room 1.6
Investments
How to talk about target capital levels
David Kirk
Chair: Nicolette Patchett
Practical data science use cases in the 4th Industrial Revolution
Stefan Steffen
Chair and
Sponsor – Ashleigh Theophanides
FinTech Spotlight featuring Startupbootcamp AfriTech

Chair – Anton Kleingeld

Facilitators – Philip Kiracofe and Zachariah George

Bitcoin decrypted: what does it mean for financial services?
Imran LorgatSponsor – Michael Jordan
Mezzanine debt: is this sandwich really a free lunch?
Chris Siriram
Chair and
Sponsor – Darryl Moodley
Workshops

Exhibition Hall
Short-term Insurance
Meeting Room 2.4
Transformation
FULLY BOOKED

Open source geocoding tools and datasets
Clive HogarthSponsor – Carolyn Thompson

Diversity and inclusion workshop: Multi-generational
Nene Molefi
02:45 PM 02:55 PM Transfer time
02:55 PM 03:55 PM CLOSING PLENARY | Auditorium 1

Professor Thuli Madonsela,

Chair in Social Justice, Law Faculty, Stellenbosch University

04:00 PM 06:00 PM Social: Linger Longer | Auditorium 1 Foyer