The daily Plenary Sessions were a highlight for all delegates attending the ICA 2018. In these, internationally renowned representatives from insurance and finance industry as well as regulation discussed the latest topics that the actuarial profession will move forward in 2018 and beyond.

Where are we heading und what impact will, for example, demographic developments, new concepts of mobility and an ongoing period of low-interest rates have for insurers?

Future of Demography/Longevity


Increasing medical progress, rising life expectancy, lower birth rates and international migration have meant marked changes for our societies. What will future demographic trends look like and what challenges and opportunities will these provide for insurers?

Monday, 11.00 – 12.30


Forecasting Longevity 

Mikko Myrskylä (Executive Director of the Max Planck Institute for Demographic Research, MPIDR)


Dealing with Longevity

Winfried Heinen (Chairman of the Board of Executive Directors, Gen Re)

Moderation: Jacques Wasserfall (Head of Life Technical, Zurich)

Future of  Insurance


The demands placed on the insurance business have changed dramatically in recent decades. Increasing digitalization in all business areas, climate change, demographic developments and increasing regulatory requirements require insurers to come up with new innovative solutions again and again. What plans do insurers and their actuaries have to make today in order to meet the challenges of tomorrow?

Tuesday, 11.00 – 12.30

Participants – Panel Discussion

Olav Cuiper (Executive Vice President, Head of EMEA, RGA)

Alf Neumann (Member of the Board of Management, Allianz)

Andrew Rear (Chief Executive, Munich Re Digital Partners)

Corinne Trocellier  (Chief Operating Officer, SCOR Global Life)

Moderation: John Haley (Chief Executive Officer, Willis Towers Watson)

Future of Low Interest Rate Environment


The ongoing period of low-interest rates has meanwhile driven some insurers and occupational pension providers to their financial limits. Is the global interest environment likely to change in the future? What strategies are there to be successful in more difficult fiscal conditions?

Wednesday, 08.30 – 10.00


Future of Low Interest Rate Environment Statement by ECB

Peter Praet (Member of the Executive Board, European Central Bank, ECB)


Panel Discussion: Low for Long – Macro-Economic Aspects and Impacts on Insurance Sector

Stephen O’Hearn (Global Insurance Leader, PwC)

Klaus Wiener (Chief Economist, German Insurance Association)

Moderation: Ken Mungan (Chairman of the Board and leads Milliman Financial Risk Management, Milliman)

Future of Mobility


In these times of digitalization, Big Data and cloud computing, the automotive industry is undergoing rapid change: new concepts of electro-mobility via car sharing and networked cars to self-drive cars are revolutionising the traffic on our roads and bringing new challenges at the same time. What consequences will this have for insurers and how can actuaries support these developments with new products?

Thursday, 11.00 – 12.30


Forecast of Future Developments

Alexander Sixt (Member of the Executive Board (CAO), Sixt)


Consequences for Insurance Industry

Frank Sommerfeld (Member of the Board of Management, Allianz)

Moderation: Bernhard Lang (Member of Board of Directors, msg systems)

Future of Regulation


IFRS and Solvency II – it is not only European insurers that are being constantly challenged by new regulatory rules and the constantly growing demands being placed on effective risk management. In what direction is regulation likely to develop? How can these requirements be combined and unnecessary complexity be reduced? What will this ultimately mean for the work of actuaries?

Friday, 11.00 – 12.30

Participants – Panel Discussion 

Gabriel Bernardino (Chairman of the European Insurance and Occupational Pensions Authority, EIOPA)

Yannick Hausmann (Group General Counsel, Zurich Insurance Group)

Felix Hufeld (President of the German Federal Financial Supervisory Authority, BaFin)

Patrick Raaflaub (Group Chief Risk Officer and Member of the Group Executive Committee, Swiss Re)

Elise Liebers (Senior Director of International Policy, NAIC)

Moderation: Nils Dennstedt (Partner Deloitte, B&W Deloitte)