8:00-9:30 a.m. Regulatory Reform – Systemic Risk, Risk Governance, Transparency
and Capital Changes
Moderator: Steve Lindo, PRMIA
Presenters: Colin Lawrence. Financial Services Authority; Terri Vaughan, National Association of Insurance Commissioners; Allan Medolwitz, Federal Housing Finance Board
The financial crisis has created significant activity toward increased supervision and regulation. Financial markets, in particular, have undergone substantial transformations, precipitating rapid actions by central banks and other regulatory institutions to maintain market liquidity and funding availability. In this session, leaders from various regulatory forums will explore the directions and impact of regulatory reform, the changes in roles and responsibilities and even whether a U.S. insurance regulator should join the financial stability regulator. Leaders will examine regulating institutions “too big to fail,” global coordination of senior supervisors and their views, congressional views and keeping enterprise risk management competency and balance across all regulators without losing regulatory corporate memory. Each participant will provide brief remarks followed by a lively panel discussion.
8:00-9:30 a.m. Chief Risk Officers – ERM Challenges, Successes, Communication
and Evolution in the Wake of the Financial Crisis
Moderator: TBD
Presenters: David Li, China International Capital Corporation Beijing; Anurag Saksena, Freddie Mac; Sean Ringstead, ACE; Michael Stramaglia, Sun Life Financial
In this session, chief risk officers from differing financial institutions will discuss the challenges of managing through the financial crisis, the successes they may have had, the need for communication during the crisis with a wide range of constituencies and, most importantly, the lessons learned and the prospects for the evolution of ERM in their organizations and corporate America. Each participant will provide brief remarks followed by a lively panel discussion.
2:30-3:45 p.m. Ask the Experts
Moderator: Frank Sabatini, Sabatini Advisory Services, LLC
Panelists: Howard Rosen, Standard and Poor’s; Ian Farr, Towers Watson; Prakash Shimpi, Towers Watson; Robert Mark, Black Diamond Risk Enterprises; Tom Hettinger, EMB LLC
The closing session promises to be remarkable and those who attend will be duly rewarded. Risk management experts from the symposium’s extended faculty will respond to questions from the audience. This will challenge attendees to consider thought-provoking issues and how to best address them in the real world. Audience participation with short questions and comments is welcomed and encouraged. This is your chance to ask questions on the topics about which you are most concerned!
Presented by:
And in collaboration with:
Society of Actuaries© 2010