天美影院

The Deputy Government Actuary is a keynote speaker at 2 financial conferences in China this week. Colin Wilson is talking about how actuaries and insurers can help governments address some of society鈥檚 biggest challenges.

The financial conferences are in Beijing (19 Nov) and Shanghai (21 Nov). This opportunity for the Government Actuary鈥檚 Department (GAD) follows a visit by China鈥檚 Ministry of Human Resources and Social Security to GAD earlier this year.

Pensions and annuities

At Beijing鈥檚 鈥楧issemination of comparative study on China-UK annuity systems鈥� conference, Colin spoke about the challenges and possible ways forward for pensions and annuities. Delegates heard about the work that GAD pensions experts consider around issues of fairness, sustainability and adequacy. The conference also learned more about the 3 pillars of the UK pensions system and how these require regular monitoring and review 鈥� work which involves GAD and other UK government departments.

Government risk

At Shanghai鈥檚 4th annual 鈥楩inancial Risk Management Forum鈥�, Colin will focus on 鈥榞overnment, risk and insurers鈥�. Conference attendees will be asked to consider the challenges faced by societies around the world including climate change, inequalities of wealth and changing demographics.

Valuable opportunities

Reflecting on his experiences in China, Colin said: 鈥淚 feel honoured to have been asked to play such an important role in these 2 conferences. I shared real-world examples of where GAD has made a difference such as disaster risk financing, advising on alternatives to commercial insurance for UK academies, and working with Flood Re and the government to help make flood cover policies affordable.

鈥淭his has been an invaluable opportunity for me to share the latest insights about the complex and important work GAD鈥檚 experts undertake for our clients.鈥�

The Deputy Government Actuary joined a range of other expert speakers from the public sector, academia and the financial services industry.