CILA is one of the pre-eminent events in the annual Life calendar. This event is one of the most popular in the Life area, often drawing over 200 delegates. The programme this year features a timely mix of hot topics
CILA is aimed at practicing life actuaries from life offices, consulting firms and other employers of actuaries. It will also be of interest to all those who work in, or advise on, the life assurance market in the UK and Europe.
There will be a focus on key regulatory changes, practitioners sharing their experiences on working in a Solvency II environment, key insights into the future of investment and Life products, and a Professional Skills session.
Contact Events Team for more information.
0207 632 1498
|09.00–09.30||Registration and refreshments|
|09.30 – 09.35||
Welcome from the Chair
Colin Dutkiewicz, Aon Benfield
|09.35 – 10.20||
Deep Dive into Equity Release Mortgages
What does the future hold for equity release mortgages? Discussion on the direction of travel of the PRA and the Equity Release Council
Ben Grainger and Gareth Mee, EY
|10.20 – 11.00||
Longevity update from the CMI
Matthew Edwards, Deputy Chair of the CMI Executive Committee
|11.00 – 11.30||Refreshments|
|11.30 – 12.25||
Do You Really Understand Your Data?
This session will discuss how new tools and technologies can deliver data analytics and visualisations to help insurers:
Use predictive capabilities to assess the financial statement impact arising from any erroneous data
Will Mirams and Ed Bujok-Stone, EY
|12.25 – 13.10||
IFRS 17 Update from the IFoA Financial Reporting Group
Kamran and Richard will discuss the key aspects of the new insurance contracts standard IFRS 17 relevant to UK life insurers, focusing on implementation and IASB / industry body developments.
Kamran Foroughi and Richard Olswang, Members of the IFoA's Financial Reporting Group
|13.10 – 14.10||Lunch|
|14.10 – 14.40||
The session will be designed to meet the IFoA's Stage 3 Professional Skills Training requirements and will be interactive using video case studies and other materials to facilitate discussion around professional ethical issues.
|14.40 – 15.30||
The Risk Margin on Trial
The Risk Margin has proved to be one of the most controversial aspects of Solvency II: it is accused of destabilising balance sheets and causing insurers to fundamentally change product and reinsurance strategies. So how would actuaries redesign the Risk Margin if we started from a blank piece of paper?
In this session, members of the IFoA’s Risk Margin Working Party will present the case for each of the following positions:
The audience will then be invited to join in the debate.
Andrew Scott, Hymans Robertson, Andy Pelkiewicz and Paul Fulcher, Nomura
|15.30 – 16.00||
Life Offices, Risk and Brexit
Steven McEwan, Hogan Lovells
|16.45 – 17.25||
The Future of the Life Sector in the UK
John Perks, LV=; Kevin Arnott, Phoenix and Scott Eason, Barnett Waddingham
Etc Venues, 200 Aldersgate, St. Pauls, London EC1A 4HD
Nearest Public Transport
St Paul's Station