SAS Afternoon Talk: Derivative Applications within an insurer’s ERM framework: The Past, Present and the Future

From:31 Oct 2018 - 15:40
To:31 Oct 2018 - 18:00
Location:OCBC Centre, 33rd level (access via West Lobby), 65 Chulia Street, Singapore 049513


 

Dear SAS members

 

We are pleased to welcome Mr Marco Hoogendijk, Managing director Asia at Ortec Finance, as our speaker for this talk:

 

Derivative Applications within an insurer’s ERM framework: The Past, Present and the Future?

Derivatives have long be applied to an Insurers book for multiple reasons. Be it Solvency II Capital optimization, ALM purposes, variable annuity hedging,  or straight forward market risk hedging. The presentation will cover the historical developments seen with large Insurers across the globe, and compare Asia’s practices to those seen in the US and Europe. Also capturing the regulatory changes and their impact on market liquidity, collateral management and internal requirements. Directly leading to what is required in the future to understand seemingly straightforward hedging programs highlighting the actual complexity when applying these so called plain vanilla strategies to a Participating Fund. The presentation will also highlight the Derivative practices here with Singapore Insurers, where the current outstanding Derivative Notional equates to SGD 50 Billion!   

 

Date: Wednesday 31 October 2018

Time: 3.40pm to 6.00pm

Venue: OCBC Centre, 33rd level (access via West Lobby), 65 Chulia Street, Singapore 049513

 

3:40pm Registration

4:00pm Talk commences

5:30pm Talk ends, refreshments starts

6.00pm End

 

Cost: Free for paid up Members (please login with your Username before signing-up), full-time students showing student identification.

 

Non-Members:

S$40.00 for payment via cheque / internet banking / cash deposit at any DBS branches is preferred.

S$41.70 for payment via Paypal. During Paypal payment, please wait until the transaction is complete and you are transferred back to the SAS website before closing your browser.

Please pre-register as the seats are limited.

Priority will be given to paid up members who have pre-registered and then to others who have pre-registered and finally, if any seats remain, to those who do not pre-register based on their order of arrival.

If you would like to attend, please register by signing up by 19th October through this link  Online Registration   <<< click here to register 

 

About the speaker:

Marco joined Ortec Finance in 2017 as the Managing Director for Asia tasked with overseeing business development & regional expansion. He has over 20 years of investment banking and management experience with multinational firms in both Asia and Europe

Prior to Ortec Finance Marco spent the majority of his career within the investment banking divisions of ABN Amro, BNP Paribas & Credit Suisse. Throughout the 15 years Marco has spent in the Asia Financial markets, he has worked closely with insurance companies and pension funds understanding their Investment & Hedging intricacies. Focusing on structuring viable and suitable investment strategies complementing their existing portfolios driven by regulatory and economic boundary conditions

Marco earned his Master’s degree in Chemical Engineering, University of Technology Delft, Netherlands. Marco is also a CFA and CAIA charterholder.

 

Thank you

 

Frederic Boulliung

Forum Coordinator

Singapore Actuarial Society