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Whats New

The incoming president thanks all 2023 Council members and lays out several key areas of focus in the coming year.

Click the photo to listen to the full speech.

Timothy Wong FASHK

2024 ASHK President

Call for Papers

 

Following the success of the previous IFRS Seminars, the 2023 ASHK IFRS 17 Conference, one of ASHK’s flagship events, will be held as a full day event this year. IFRS 17 has been implemented, and this year’s conference will focus on the practical aspects of the standard under the theme of “IFRS 17 – Step into Day 2”.  The conference is specially designed for actuaries and insurance professionals who are responsible for financial reporting in compliance with IFRS or who are involved with IFRS reporting as part of their work.

 

The conference Organising Committee is currently seeking dynamic speakers and insightful panellists to contribute to the conference. Topics can include (but not limited to) the followings:

 

1) Presentation and disclosure

    • Key observations from the presentation and disclosure
    • Benchmarking of IFRS results and key metrics used
    • Approaches used for IFRS results production/ management
    • Communicating results to various stakeholders
    • Cross reporting basis comparison and implication to other reporting basis, e.g. embedded value
    • Presentation to investors & responses from market
    • Auditor’s role and observations

 

2) Day 2 enhancements

    • Issues facing during the production of results
    • Change/ emerge in methodology
    • Observations from different solution vendors

 

3) Use of technology

    • Making use of advance technology
    • Process redesign, automation for working day timetable optimization
    • Data analytics / How IFRS 17 solutions & systems are being leveraged for analytic purpose?

 

4) Business implication/ others

    • Business implications - e.g. interaction with HKRBC, ALM, Par management, product design, pricing, KPI, etc.
    • In-house experience sharing - implementation journey, advice, and forward looking
    • Product innovation/ product design under IFRS 17
    • Budgeting process under IFRS 17
    • Panel discussion on latest view on IFRS 17 development, post-implementation priorities and longer-term implications

 

The below outlines key dates

4 Aug

Deadline for submitting the Expressions of Interest form

Mid-Aug

Organising Committee to confirm accepted presenters and notify all applicants

29 Sep

Submission of final presentation slides

Early-Oct

Briefing with presenters

25 Oct

Present the paper at the conference in Hong Kong

 

If you are interested in presenting at the conference, please submit the enclosed Expression of Interest Form to [email protected] on or before 4 Aug 2023. Please also feel free to circulate this call for paper with anyone who may be interested.

 

CLOSED

 

We are excited to announce that the ASHK Actuarial Innovation Conference 2023 will be held in-person in Hong Kong for the first time. After three successful years of virtual conferences, we cordially invite actuaries and professionals from related fields to come together and exchange ideas under the theme of "Actuaries of the Future: Navigating Disruption with Innovation."

 

This one-day event promises to delve into the most pressing topics and cutting-edge innovations shaping the actuarial profession. Our Organising Committee is currently seeking dynamic speakers and insightful panellists to contribute to the conference.

 

Topics can include (but not limited to) the following innovations:

  1. Solutions for New and Emerging Risks (e.g. cyber security, data privacy, climate change)
  2. The Role of Actuaries in ESG and Sustainability
  3. The Human Side of Actuarial Innovation
  4. Insurtech Solutions and Impact on the Actuarial Profession
  5. Applications of Artificial Intelligence and Machine Learning
  6. Examples and Challenges of AI Ethics and Regulations
  7. Data Science for Actuaries (including new data sources and data ethics)
  8. Other innovations relevant for the actuarial profession.

The below outlines key deadlines for expressions of interest and submission of presentations.

26 Jun (noon)

Deadline for submitting the Expressions of interest form

Early-July

Organising Committee to confirm acceptance of presenters and notify all applicants

25 Aug

Submission of final presentation slides

Early-Sep

Briefing with presenters

21 Sep (tentative)

Present the paper at the Conference @ The Mira Hotel, Hong Kong

 

If you would like to present at the conference, please submit the Expressions of interest form to [email protected] before 21 June 2023.  Please feel free to circulate the call for paper to other parties that may be interested.

 
 
 
 

Each year the council receives nominations from Council and Committee Members for ASHK members that have provided exceptional service to the society during the year.  Congratulations to the recipients of the ASHK Volunteer Award for their contribution to the profession in Hong Kong during 2022.

 

1st photo (L-R)
Thomas Tang FASHK
Sam Yeung FASHK
Simon Lam FASHK (ASHK President presenting the awards)
Roddy Anderson FASHK
William Chow FASHK
Steve Cheung FASHK
Wendy Pui Yi LAI
Wilson KC Wu FASHK

 

2nd photo
Orchis Li FASHK

3rd photo (L-R)
Timothy Wong FASHK (ASHK Vice President presenting the award)
K.P. Wat FASHK

Not pictured
Xavier Lo FASHK
Terry Yung FASHK

 

 

CLOSED

 

Following the huge success of the previous General Insurance Seminars, this upcoming one-day event aims to foster increased knowledge-sharing and interaction between members of the insurance community. The organising committee is seeking expressions of interest for speakers and panellists.  Themes could include (but not limited to): -

  1. High inflation and emerging issues affecting insurers/reinsurers.
  2. How COVID has change the General Insurance landscape.
  3. Impact of regulatory changes, e.g., Risk Based Capital, IFRS17, etc.
  4. Impact of innovations and technological developments in the industry, e.g., electric vehicles,         

Topics could cover traditional Pricing and Reserving or Innovation and New ideas, or other hot spots like Climate change, ESG, etc.

 

The below outlines key deadlines for expressions of interest and submission of presentations.

13 MarDeadline for submitting the Expressions of interest form
31 MarOrganising Committee to confirm acceptance of presenters and notify all applicants
19 MaySubmission of final presentation slides
Late-MayBriefing with presenters
8 JunConference

 

If you would like to present at the conference, please submit the Expressions of interest form to [email protected] before 13 March 2023.  Please feel free to circulate the call for paper to other parties that may be interested.

 

The incoming president thanks all 2022 Council members and lays out several key areas of focus in the coming year. Listen to the full speech.

Simon Lam FASHK

2023 ASHK President