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Insurance and pensions

2017 Roundtable on Insurance and Retirement Savings in Asia

 

20-21 September 2017 Bangkok


The OECD, US National Association of Insurance Commissioners (NAIC) and the Office of Insurance Commission (OIC), Thailand, jointly organised a roundtable on insurance and retirement savings to gather key stakeholders in Asia and discuss policy issues relevant to the sound development of insurance and private pensions markets.

This roundtable brought together government officials and experts from public authorities, including regulatory and supervisory authorities, ministries of finance, representatives from international organisations, standard-setter bodies, the academic community, the private sector and civil society.

The OECD's contribution is supported by the Japanese government.

 

DAY 1: 20 September 2017

Opening Remarks

  • Suthiphon Thaveechaiyagarn, Secretary-General, Office of Insurance Commission
  • Ted Nickel, NAIC President, Wisconsin Insurance Commissioner
  • Masamichi Kono, OECD Deputy Secretary-General

 

Session 1:  Institutional Structure of Insurance Regulation and Solvency Reforms in the Asia Pacific Region

  • Mamiko Yokoi-Arai, Principal Administrator, Directorate for Financial and Enterprise Affairs, OECD (Panel Chair)
  • Julie Mix McPeak, NAIC President-Elect and Commissioner, Tennessee Department of Commerce and Insurance (USA)
  • Hiroshi Ota, Deputy Commissioner for International Affairs, Financial Services Agency of Japan
  • Chuchatr Pramoolpol, Deputy Secretary-General, Examination, Office of Insurance Commission, Thailand
  • Moses Cheng, Chairman, Insurance Authority of Hong Kong

 

Session 2: Perspectives on Important and Developing Market and Regulatory Issues in the Asia Pacific Region

  • Ted Nickel, NAIC President, Wisconsin Insurance Commissioner (Panel Chair)
  • Shigeto Hiki, Head of Special Projects and Outreach Unit, Directorate for Financial and Enterprise Affairs, OECD
  • Makoto Okubo, General Manager, International Affairs, Nippon Life Insurance Company
  • All regulatory participants will be invited to make short interventions

 

Session 3:  Market development and access

  • Suthiphon Thaveechaiyagarn, Secretary General, Office of Insurance Commission, Thailand (Panel Chair)
  • Leigh Wolfrom, Policy Advisor, Financial Affairs Division, OECD
  • Shih Nin Low, Senior Vice President, Managing Director - Southeast Asia Markets, RGA, Reinsurance Company
  • Nilesh Sathe, Whole Time Member, Insurance Regulatory and Development Authority of India
  • Sam Flitman, Director, Insurance Risk and Regulation, PwC London

 

DAY 2: 21 September 2017

Session 4:  Retirement saving adequacy: addressing the challenges that face Asia

  • Pablo Antolin, Head, Private Pensions Unit, Directorate for Financial and Enterprise Affairs, OECD (Panel Chair)
  • Srikanya Yathip, Acting Secretary General, Government Pension Fund (GPF), Thailand
  • Stella Yiu, Mandatory Provident Fund Authority (MPFA), Hong Kong
  • Yuwei Hu, China Institute of Finance and Capital Markets (CIFCM), China Securities Regulatory Commission (CSRC)

 

Session 5:  Retirement savings: design, choices and products

  • Pablo Antolin, Head, Private Pensions Unit, Directorate for Financial and Enterprise Affairs, OECD (Panel Chair)
  • Michael Consedine, Chief Executive Officer, NAIC
  • Renee Schaaff, Senior Vice President and Chief Operating Officer, Principal International
  • Bryan Pickel, Vice President and Head, International Regulatory and Institutional Affairs, Prudential Financial

 

Session 6: FinTech in insurance and retirement saving

  • Mamiko Yokoi-Arai, Principal Administrator, Directorate for Financial and Enterprise Affairs, OECD (Panel Chair)
  • Pablo Antolin, Head, Private Pensions Unit, Directorate for Financial and Enterprise Affairs, OECD
  • Brian Wang, Deputy General Manager, Zhong An
  • Puay Lim Yeo, Regional Manager for Southeast Asia, BIMA

 

Session 7: Cyber risk insurance

  • Katharine L. Wade, Commissioner, Connecticut Insurance Department (Panel Chair)
  • Leigh Wolfrom, Policy Advisor, Financial Affairs Division, OECD
  • Stanley Wong, Head of Financial Lines, Asia Pacific, Chubb
  • Ian Pollard, Delta Insurance
  • Jae Seok Lee, Head, Insurance Supervision Department, FSS, Korea
 

MEETING DOCUMENTS

Agenda

Information Note

Day 1 presentations

Day 2 presentations

 

 

 

 

 

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