The SOA is offering a full-length virtual seminar of the 2019 Annual Meeting for individuals who still wish to gain CPD but are unable to make the trek to Toronto. The virtual seminar will feature a selection of live sessions along with exclusive interviews and highlights from the meeting that will keep attendees in touch with the latest trends affecting the actuarial profession. Sessions to be included: Session 019: IFRS 17 Senior Leaders’ Panel on Strategic Opportunities IFRS 17 is a significant change that requires insurers to invest time and resources. The presenters will address wider implications of the new standard, and a senior leaders' panel will cover a number of perspectives. They will address the latest developments of the standard and interpretations, emerging technology that is accelerating implementation, insights from implementing IFRS 17 in Canada and globally, reinsurance considerations and opportunities for the actuarial profession. Session 039: IFRS 17 is Coming! Let’s Talk About Discount Rates and Economic Scenario Generation The discount rate is one of the most critical topics in IFRS 17 and may have important repercussions on product profitability. The presenters will cover practical implementation considerations, including alternative approaches to illiquidity premium calculation for business supported by fixed assets with credit risks. Other implementation considerations will also be covered, including granularity of setting the discount rate, application to new business, and implications on asset and liability modeling. The presenters will then discuss how discount rates could be utilized in an Economic Scenario Generator (ESG) to assist IFRS17 calculations, particularly for risk-neutral valuation of the time value of options and guarantees. Session 057: ALM Exposed Under IFRS 17 IFRS 17 is causing insurers to rethink their investment management and ALM strategy. The presenters examine issues arising under IFRS 17 and IFRS 9 and the resulting challenges facing insurers, including the volatility and impact on financial statements. Solutions will be proposed including a discussion on how to deal with the disconnect between economic and accounting results. A case study will present the tradeoffs insurers must consider to optimize their portfolio under IFRS 17.
Registration Fee
| SOA Member | Non-Member | |
| 1-2 Viewers per location (office) | $200 | $250 |
| 3+ Viewers per location (office) | $400 | $500 |
| Individual Remote Employee Fee* (if company registered at 3+) | $25 | $25 |
- Discounted rates/waivers for academic/other government employees/retired and unemployed do not apply to this virtual seminar.
- The SOA is considered a not-for-profit corporation in Canada and therefore needs to collect applicable taxes on webcasts/virtual sessions/virtual town halls. Based upon your primary residency or company address, the appropriate tax will automatically be calculated for you (5% GST, PEI 14%, NB, NL, ON 13%, NS 15% GST/HST) during the online registration process.
Payment Information
- Online, via credit card, received no later than the registration close date. A confirmation of your registration will be sent by email.
- For information regarding check payment please contact Customer Service. Please allow 10 days for receipt and processing of checks.
- Full payment is required at the time of registration.
- Refunds will not be issued.
Registration Includes
- One access code per location to the live virtual seminar
- One Internet connection for streaming only;
- One set of presentation materials
Access Notes
- Each access code may only be used for one location (Company Office), even if you register for more than one participant.
- An Individual Remote fee is now available for employees of companies who register at the 3+ category allowing streaming access to the webcast or virtual session from a remote location. (this is not available for virtual town halls.)
- If you have not received the detailed instructions by the dates/time above, please contact the SOA Customer Service Center at +1-888-697-3900 or via email at customerservice@soa.org with the name of the program.
- Please note that audio will be streamed through the web only for webcasts and virtual sessions.
Post-Webcast/Virtual Session Purchase Opportunity
For those who are interested in the virtual seminar, but are unable to participate in the live event, access to a recording will be available for purchase approximately 10 business days after the webcast/virtual session.
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Venue:
Metro Toronto Convention Centre
222 Bremner Blvd Toronto, ON M5V 3L9 Canada
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4.50 SOA CPD
3.75 CIA
