2nd European Congress of Actuaries

Thursday - Friday 21 - 22 April 2016

ABOUT ECA 2016

The second European Congress of Actuaries will discuss the professional challenges and opportunities in the areas of new technologies, big data and cyber risks, behavioural finance, consumer protection, independence, capital standards, implementation of Solvency II, IORP, actuarial skills in wider fields and much more - all within the overall theme of The Actuarial Profession spreading its Wings.

There will be three parallel streams covering the seven subthemes of the congress. These will include a variety of technical presentations, sessions on soft skills and scientific papers. The congress offers an ideal environment to update on the latest developments in key areas, and is an excellent opportunity for networking with other professionals. Plenary sessions and smaller discussion groups on current and emerging issues will include actuarial experts as well as officials from various EU and global institutions, with influential figures from the financial services industry and regulatory authorities among the speakers. All speakers have confirmed their presence. To name a few: Katja Würtz (EIOPA), Jules Gribble (IAIS), Ulrich Stellman (ERGO), Kurt Lambrechts (Milliman), Irene Paterson (STAR Actuarial Futures, UK), Daniel Smith (Taylor Fry, Australia), Colm Fitzgerald (Keele University, UK), Jochen Ruß (IFA, Germany), Prof. Mario Wüthrich (ETH, Zurich). Please subscribe to our regular updates. Click here for a list of currently registered participants.

The target group audience includes actuaries and risk managers working in industry; other financial professionals, decision makers and other professionals interested in the future of risk management in Europe. The various subthemes are:

Added value of actuaries outside the financial industry
Development of the actuarial profession
Ethics / Independence
Consumer Protection
Behavioural finance and non-actuarial attitudes to risk
Big data and modern technology / cyber risk
Scientific presentations

Website of the Actuarial Association of Europe: www.actuary.eu

Programme

DAY 1: Exploring the work field and the opportunities DAY 2: Creating and facilitating the opportunities

Thursday
Day 1
Friday
Day 2

9.30 - 09.50 AM

Plenary session E

Plenary session E: Start of day 2 by Rens de Jong

09.50 - 9.55 AM

Transfer to meeting rooms

09.55 - 10.35 AM

Parallel session 16 – 18

Parallel session 16: Kurt Lambrechts: Actuarial methods supporting nuclear waste issues

Parallel session 17: Ron Hersmis + Klaus Mattar: Independence linked to CERA and global education needs

Parallel session 18: Emiliano Pozuelo de Gracia: What is driving employment of actuaries in banking?

10.35 - 11.05 AM

Break1

Break

11.05 - 11.45 AM

Parallel session 19 – 21

Parallel session 19: Daniel Smith: Why would an airline need actuaries?

Parallel session 20: Mike Clark: Ethics surrounding environmental resources

Parallel session 21: Jules Gribble: International Capital Standards

11.45 - 11.50 AM

Transfer to meeting rooms 2

Transfer to meeting rooms

11.50 - 12.30 PM

Parallel session 22 – 24

Parallel session 22: James McIntyre / Charlie Ullman: Climate change

Parallel session 23: Chris Daykin: Ethics

Parallel session 24: Thomas Béhar: Implementation of SII and changing roles for actuaries

12.30 - 13.15 PM

Lunch

13.15 - 13.20 PM

Plenary session F1

Plenary session F1: Welcome back by Rens de Jong

13.20 - 13.50 PM

Plenary session F2

Plenary session F2: Mick McAteer: Consumer Protection in the Financial Sector

13.50- 14.30 PM

Plenary session F3

Plenary session F3: Panel discussion on the Roles of Actuaries in Solvency II (Actuarial Function) and beyond. Panelleader: Karel van Hulle. Panelists: Karel Goossens, Emmanuel van Grimbergen and Karel Tanghe

14.30 - 15.00 PM

Break2

Break

15.00 - 15.30 PM

Plenary session F4

Plenary session F4: Key-note address: Ms. Nathalie Berger, European Commission, DG FISMA: "Overview of the EU initiatives in the area of insurance and pensions" .

15.30 - 16.15 PM

Plenary session F5

Plenary session F5: Key-note presentation Fons Trompenaars: How cultural diversity affects business practices and how the mindset of bridging different perspectives helps to leverage diversity

16.15 - 16.30 PM

Plenary session F6

Plenary session F6: Closing session

16.30 - 17.15 PM

Drinks reception

9.15- 10.00 AM

Welcome and registration

10.00 - 10.10 AM

Plenary session A

Plenary session A: Welcome by Philip Shier, Chairperson AAE

10.10 - 11.10 AM

Plenary session B

Plenary session B: Introduction of the theme by Rens de Jong, moderator of ECA2016 and Nicky Hekster, IBM

11.10 - 11.15 AM

Transfer 1 thursday

Transfer to meeting rooms

11.15- 11.55 AM

Parallel session 1 – 3

Session 1: Katja Würtz (EIOPA): Consumer Protection

Session 2: Colm Fitzgerald: Assessing psychological attitude to risk taking and risk management

Session 3: Stefan Nörtemann: Big Data & Insurance Analytics versus data protection

11.55 - 12.00 AM

Transfer 3 thursday

Transfer to meeting rooms

12.00 - 12.40 PM

Parallel session 4 – 6

Parallel session 4: Mario Wüthrich: Claims Reserving under Solvency II

Parallel session 5: Marcel Schep: Change in policyholder behavior after IFRS4 implementation

Parallel session 6: Janne Kaippio + Mika Naatula: Data analytics from an actuarial point of view

12.40 - 13.25 PM

Lunch thursday

Lunch

13.25 - 13.55 PM

Plenary session C

Plenary session C: After lunch session with Rens de Jong

13.55 - 14.00 PM

Transfer 3 thursday

Transfer to meeting rooms

14.00 - 14.40 PM

Parallel session 7 – 9

Parallel session 7: Raimond Maurer: Post-retirement income

Parallel session 8: Jochen Ruß: Why actuaries should know behavioral economics: Some general remarks and recent research on the demand for guarantees

Parallel session 9: Petra Wildemann: Cyber risk

14.40 - 14.45 PM

Transfer 4 thursday

Transfer to meeting rooms

14.45 - 15.25 PM

Parallel session 10 – 12

Parallel session 10 : Ermanno Pitacco: Guarantees and product design in Life & Health Insurance

Parallel session 11: Tapio Aaltonen: Actuarial profession & ethics

Parallel session 12: Régis de Larouillère: Impact of low interest rates from consumer perspective

15.25 - 15.55 PM

Thursday break

Break

15.55 - 16.35 PM

Parallel session 13 – 15

Parallel session 13: Luis Saez de Jauregui: Independent actuarial valuation of traffic accident victim damages

Parallel session 14: Ulrich Stellmann: Long Term Care Insurance

Parallel session 15: Irene Paterson: Maximising your skills - and the potential to move to a different field

16.35 - 16.40 PM

Transfer to plenary session in Royal

16.40 - 17.10 PM

Plenary session D

Plenary session D: End of the day session with Rens de Jong

18.50 PM

Transport by bus

Transport by bus to dinner venue

19.30 - 22.30 PM

Congress dinner

Congress dinner at Abattoir (former Cureghem Cellars)

	Themes
1	Added value of actuaries in wider fields (outside financial sector)
2	Development of the actuarial profession
3	Ethics / Independence
4	Consumer protection
5	Behavioural finance and non-actuarial attitudes to risk
6	Big data and modern technology / cyber risk
	PLENARY SESSIONS
SC	Scientific papers

Radisson Blu Royal Hotel, Rue du Fossé aux Loups 47 Wolvengracht, 1000 Brussels

"The European Congress of Actuaries is the only actuarial event of this size in Europe. The 2012 edition was a really exiting experience with a lot of content and opportunity to meet colleagues and friends from all over Europe. The 2016 edition promises to be even more attractive : I cannot wait to meet you all again."

Karel Goossens Chief Executive IA|BE

"As speaker and attendee of ECA2012 I can only recommend to every European actuary - and indeed to every actuary in Europe - to attend this congress and to undergo two days of interesting lectures and exciting actuarial networking."