Ortec Finance is delighted to be part of the first Risk Management Seminar organized by The Society of Actuaries (SOA), Singapore on 29th October, 2018. The event will be jointly organized with the Institute of Actuaries of Australia in Singapore. The goal of the event is to build a comprehensive and engaging program based on the theme “Embracing Risk & Opportunity.” 

 The seminar intends to provide a learning and networking platform in Singapore and the broader Asia-Pacific region for members and non-members to gain expertise and share experiences in risk management topics. It will offer:

  • Professional sessions to share best practices and help attendees better prepare for future developments
  • An opportunity to earn valuable CPD credits
  • Opportunity to meet with industry practitioners
  • Premier and exciting location
  • Networking opportunities

In 2018, Ortec Finance Hong Kong will be one of the key speakers discussing about “Strategic Risk Management within the overall ALM framework – combining ex-post and ex-ante analysis to strengthen the Investment Decision process.”

The speech will highlight this year’s The European Insurance and Occupational Pensions Authority (EIOPA) report, which explains how the investment/ALM management risk has become one of the top five reasons for which Life Insurance companies fail. The report quoted that this risk "is related to inappropriate decisions to invest the technical provisions in assets which lead to investment losses." For early identification of these failures, the report mentions deteriorating capital strength as the number one signal. A fully integrated risk management framework for both ex-post and ex-ante analysis is hence key to test and monitor investment strategies to protect the interest of all stakeholders. The ability to analyze key risk drivers from a historical perspective and extrapolate this into the future can provide the management with the required tools to navigate increasingly complex economic environments. This presentation will discuss how ex-post and ex-ante ALM Risk management processes should be combined, and which tools can be utilized to create a robust risk management framework where the investment decision process plays a central part. 

We hope to see you there!