Description: In this session, presenters will share the impacts of transition to IFRS 17 on equity and various KPIs across insurance companies (Life & P&C), as well as share some observations of what the IFRS 17 landscape looks like across different global regions. The session will conclude with lessons learned and expectations for emerging practices under IFRS 17 globally.

Description: Who we are as people and who we become over time is entirely determined by the habits that we practice. And, habits are the fabric from which company culture is made. However, habit are hard to change, because we misunderstand what it really takes to change habits. Why? Because human beings don't have habits - habits have human beings. If you're curious about what this means, have an interest in the science of Context Design, and want to learn how to change your own habits, as well as create cultures of high performance, join this session. Learning outcomes include: - Understand the 'golden rules of habit change' and the many myths around habits (e.g., that they take a certain number of days to create). - Learn about the science of Context Design: how to create habits, at scale, over time. For yourself and your team. - See why 'human have habits' misrepresents reality and why it's more accurate to say 'habits have human beings!'

Description: Are the choices we make the same in certain versus uncertain situations? What pushes our choices in one direction or another? In this session, join our discussion on the elements that make up consumer choice architecture, how they interact with risk appetite and how to intervene in risk choices, using the National Flood Insurance Program (NFIP) as a case study. Together, we will explore behavioral considerations in risk appetite from the individual consumer and public policy perspectives. The latter will include environmental, social and governance considerations, including the challenges of climate change in a divided political landscape with limited resources. We will cite and use program data to support behavioral assessments. Appetite as a function of both risk preference and risk perception will serve as a foundational premise for the presentation.

Description: Learn to build an element of international exposure into your career. International assignments are incredibly varied, some of which include covering international issues from a home-country post, to short-term assignments abroad, longer postings abroad, or building a lengthy career in your country or country different from your home. Our panelists are from a variety of countries of origin, career stages, and practice areas and will share their experiences and field questions.

Description: Artificial intelligence is rapidly transforming the investment landscape. From natural language processing and large language models to physical AI applications like robotics, autonomous vehicles, and drones, the evolution of AI is reshaping both how we analyze data and where we find opportunity. We’ll begin by exploring the evolution of AI, which is already driving disruption across industries such as coding, customer service, and marketing. However, the future of AI is physical AI (drones, AVs, robotics). With valuations already stretched, and growing concerns about the “circular economy” and bubble risks, investors should focus on high-quality tech companies that generate free cash flow and deliver strong returns on invested capital. We'll explore examples of interesting companies across the globe: Meta, Alphabet, and Uber in the US; ASML in Europe; Tokyo Electron in Japan; TSMC in Taiwan; and BYD in China. The session will also examine how natural language processing and large language models are reshaping the way quantitative and fundamental managers extract insights from raw data. We’ll highlight how these tools are being deployed to enhance understanding of risk and return, and how they’re increasingly supporting collaboration between quant and fundamental teams.

Description: Dana M. Peterson, chief economist for the Conference Board, has established herself as a visionary, and the go to expert providing insightful analysis and predictions to corporations, associations, and government organizations looking for clarity and foresight into how economic drivers might impact their businesses in the short- and long-term. With over two decades of experience in the field, she serves as the globally recognized think tank’s public face and primary spokesperson on all things related to the economy.

Description: Geoeconomic fragmentation is reshaping the global risk landscape in profound ways, with significant implications for the insurance industry and actuarial professionals. The disruption of traditional models of risk diversification, the growing demand for specialized insurance products, and the increased volatility of financial markets all require actuaries to reassess their approaches to risk management, pricing, and capital allocation. By embracing scenario planning, enhancing geopolitical intelligence, and adapting their models to reflect the new realities of a fragmented world economy, actuaries can help insurers navigate this uncertainty and continue to provide essential protection to businesses and individuals in an increasingly unpredictable global environment.

Description: Chairperson’s Corner

Description: This is the second report in a series on the current state and future opportunity of the retirement market in China. In this report, edition two of the series, you will see results stratified according to city tier and location landscape. Also included in this edition is a description of the differences in retirement age between men and women, and those from different educational backgrounds.

Description: The International Experience Survey/Study IES is a pilot study being conducted by the Society of Actuaries to provide actuaries with practical information on experience in emerging and other markets outside of the United States and Canada. The IES has evolved from being a survey of multi-national company experience to national studies directed by actuaries from the data contributors located in the country under study. This report follows this evolution by dividing results into two major subdivisions of results: • Survey: The survey presents high-level results that facilitate comparisons of experience between different countries. • National studies: In depth studies of experience in countries directed by local actuaries to present more comprehensive results