Actuarial Society 2008 Convention

Thursday 23 October 2008

7:00	Registration & tea/coffee			Auditorium 1 Foyer

8:15	Welcome - Sally Burdett, MC of 2008 Convention Opening of convention and Keynote Address Healthcare Reform in South Africa – an economist's perspective Prof Stan du Plessis			Auditorium 1

9:00	Preservation of retirement savings – can we reach consensus? Panel discussion with Joanna Legutko, David O’Brien and Peter Theunissen Chaired by Rowan Burger			Auditorium 1

10:00	Morning tea/coffee			Auditorium 1 Foyer

10:30	1a. Insurance modelling	1b. Interest rate modelling	1c. Professional education	1d. Pensions strategy
	Auditorium 1	Ballroom West	Meeting Room 2.6	Roof Terrace
	Catastrophe Modelling	Generating interest rate scenarios for Fixed Income Portfolio Optimization	Educating for Actuarial Quality	Optimal Annuity Strategies after Retirement
	Oscar Kitasoboka & Pieter Visser	Machiel Kruger & Helgard Raubenheimer	Mickey Lowther, Wendy McMillan & Cisca Venter	Michael Goemans & Makhosi Ncube
	Chaired by Chris Carlson	Chaired by Mark Claasen	Chaired by Peter Temple	Chaired by Arthur Els
11:30	2a. Health care experience	2b. Market modelling	2c. Professional transformation	2d. Risk underwriting
	Auditorium 1	Ballroom West	Meeting Room 2.6	Roof Terrace
	The impact of wellness activities on hospital and chronic claims experience	Modelling the market in a risk-averse world: The case of South Africa	Factors likely to affect the successful completion of an actuarial qualification in SA	Free Cover Limits and Underwriting as used in Group Risk Business
	Roseanne da Silva	Prof Robert John Thomson	Nalen Naidoo, Soshan Soobramoney & Pamela Hellig	Grete Kritzinger & Nico van der Colff
	Chaired by Gary Scott	Chaired by Henk Beets	Chaired by Shannon Kendal	Chaired by Eric Welz
12:30	Lunch			Ballroom East

13:45	3a. Solvency management	3b. Investment instruments	3c. Supervision and governance	3d. Stochastic programming
	Auditorium 1	Ballroom West	Meeting Room 2.6	Roof Terrace
	Introduction to Solvency II: a non-valuator's view	Prediction Markets: A new investment tool	The role of the statutory actuary in Life Insurance	A stochastic programming approach to integrated asset and liability management of insurance products with guarantees
	Peter Withey	Greg Ovenden	Bozenna Hinton, Gary Palser & Marius du Toit	Helgard Raubenheimer & Machiel Kruger
	Chaired by Giles Waugh	Chaired by Simon Peile	Chaired by Peter Doyle	Chaired by Abubakar Addae
14:45	Afternoon tea/coffee			Auditorium 1 Foyer

15:15				Auditorium 1
	International developments in the Actuarial Profession – chaired by Garth Griffin
	The IAA and its role in shaping the future of the actuarial profession – Katsumi Hikasa, President-elect of the IAA
	An update on the UK Profession's merger proposals – Ronnie Bowie, President of the Faculty of Actuaries
	Setting a global actuarial Enterprise Risk Management designation – Prof Harry Panjer & Prof Riaan de Jongh
16:30	Annual General Meeting of the Actuarial Society of South Africa			Auditorium 1

17:30	Close

18:00	Reception for New Qualifiers			Roof Terrace

19:30	Dinner with Judge Dennis Davis			Ballroom West

Friday 24 October 2008

7:00	Registration & tea/coffee			Auditorium 1 Foyer

8:15	Welcome - Sally Burdett, MC of 2008 Convention Subprime and the financial crisis – the changing face of risk Rudolf Gouws			Auditorium 1

9:00	Professionalism Rev Dr David Taylor			Auditorium 1

9:45	Morning tea/coffee			Auditorium 1 Foyer

10:15	4a. Capital modelling	4b. Investment strategy	4c. Health care coverage	4d. Mortality experience
	Auditorium 1	Ballroom West	Meeting Room 2.6	Roof Terrace
	Measuring Economic Capital in the Life Insurance Industry	Active and passive investments	Has Community Rating Produced Optimal Results in South Africa?	The estimation and interpretation of adult mortality rates in South Africa using Census 2001 data
	Phillip Olivier & David Park	Clyde Rossouw & Rob Rusconi	Taurayi Chinowona	Mark-Ross Dobbie
	Chaired by Judy Faure	Chaired by Peter Doyle	Chaired by Shivani Ramjee	Chaired by Simon Louw
11:15	The Association for Savings & Investments South Africa Leon Campher			Auditorium 1

11:45	Presidential Address Garth Griffin			Auditorium 1

12:30	Lunch			Ballroom East

13:30	5a. Risk management	5b. Financial planning	5c. International pensions	5d. Insurance coverage
	Auditorium 1	Ballroom West	Meeting Room 2.6	Roof Terrace
	Practical Implication of Implementing an Effective ERM Framework	Living Annuities: The Advisory Process	International developments in pensions provisions	Widening the reach of Insurance in South Africa – A futures perspective
	Rory O'Brien	Lauren Beinash	Ronnie Bowie & John Maroney	Marius Botha
	Chaired by Chris Carlson	Chaired by Johan Schreuder	Chaired by Ant Lester	Chaired by Nicky Patchett
14:30	Financial Services in South Africa – 2010 and beyond Panel discussion with Hendrik du Toit, Peter de Beyer & Willie Lategan Chaired by Garth Griffin			Auditorium 1

15:30	Close

Additional Papers:

Actuarial Demand in South Africa
Wilma Terblanche