Over 1,500 international actuaries to discuss key global issues

Over 1,500 international actuaries to discuss key global issues | Insurance Business Australia

Insurance News

Over 1,500 international actuaries to discuss key global issues

Event to be held in Australia for the first time in nearly 40 years

Insurance News

By
Roxanne Libatique

Actuaries across the globe will gather in Sydney to discuss some of the major global issues at the 32nd International Congress of Actuaries (ICA2023).

The event will be held in Australia for the first time in nearly 40 years. Over 1,500 actuaries from 50 countries are expected to join the event, to be held at the International Convention Centre between 28 May and 1 June.

“It’s incredibly exciting to have the world’s best innovators and futurists in one location, debating ideas and solutions around challenges that affect everyone – from inequality to the challenges of AI, modelling for our future, financing the care industry, and navigating retirement income options,” said Actuaries Institute Australia president Naomi Edwards.

“The breadth of actuarial talent attending the Congress is remarkable. We have the first actuary hired by Google and Uber from the US, a chief of solutions from Singapore, a digital finance innovator from Kenya, a data science actuary from Hong Kong, and the president of Athletics Australia.”

Speakers

On May 29, Federal Finance Minister and Assistant Treasurer Stephen Jones will officially open the Congress.

The 400 distinguished speakers at the 32nd International Congress of Actuaries include:

Hon. Kenneth Hayne, former High Court Justice and Banking Royal Commissioner;
Dame Inga Beale, former Lloyd’s of London CEO;
Qantas CEO Alan Joyce; and
the Australian Climate Council’s Chief Councillor Professor Tim Flannery.

Former banking royal commissioner Hon. Kenneth Hayne will lead futurist Amanda Stevens and other experts in discussing how bad conduct is one of the significant risks facing financial services firms.

Dame Inga Beale DBE, the only woman to have led Lloyd’s of London in its 335-year history, will deliver the opening keynote address, sharing her insights on modernising a centuries-old insurance marketplace and discuss the emerging, complex risk landscape facing businesses and the society.

For the closing keynote, Qantas CEO Alan Joyce will join his brother Anthony Joyce, a corporate actuary at Medibank, for a wide-ranging “fireside” chat about the challenges the insurance and airline industry faced during the COVID-19 pandemic

“Actuaries are renowned pioneers and innovators who excel at distilling what you need from a proliferation of data to help businesses, governments, and communities navigate uncertainty and risk,” said Actuaries Institute Australia CEO Elayne Grace. “ICA2023 is a golden opportunity for our profession to showcase how their deep knowledge can enhance the ability of organisations to build up their capabilities using data so they can shape positive commercial and social outcomes as well as groundbreaking policy ideas.”