w88 casino News (provided by the w88 casino of Insurance)On the morning of July 22, 2023, the 14th China Risk Management and Actuarial Forum and International Conference on Actuarial Science and Insurance opened grandly in the Integrity Third Floor Conference Hall of the w88 casino. This conference is hosted by the w88 casino and the Risk Management and Actuarial Branch of the China Field Statistics Research Association, and co-organized by the Society of Actuaries of North America (SOA), the Institute of Actuaries (IFoA), and the Casualty Actuarial Society of North America (CAS). The conference adopts a combination of online and offline methods to conduct extensive and in-depth learning and exchanges around the cutting-edge theories, methods and applications of risk management and actuarial science in the new era. More than 200 experts and scholars from domestic and foreign political, business, academic and research fields gathered at the University of International w88 to participate in the conference.
Group photo of participants
The opening ceremony was hosted by Xie Yuantao, Dean of the w88 casino of Insurance at the w88 casino. Huang Baoyin, Secretary of the Party Committee of the w88 casino, and Meng Shengwang, Chairman of the Risk Management and Actuarial Branch of the China Field Statistics Research Association, delivered speeches. Secretary Huang Baoyin extended his warmest welcome and thanks to all the guests. yellowPrecious SealThe secretary pointed out that the development of the insurance industry has now entered a new stage of serving and supporting high-quality economic and social development. In this context, what kind of insurance talents should the insurance discipline cultivate for the country, and how to learn from useful experiences and practices during the training process to better adapt and meet social needs, are contemporary issues that the insurance academic community across the country must seriously consider and solve. Actuarial science is crucial to insurance, and actuaries are crucial to the insurance industry. The w88 casino of Insurance of the w88 casino has explored its own characteristics and practices in the construction of actuarial disciplines, and has established a good reputation in society and the industry. Driven by major national strategic needs, multi-disciplinary cross-convergence and multi-technical cross-border integration have increasingly become the norm. How to anchor the development of disciplines in line with national strategies and use actuarial science for social governance has become an important task. It is hoped that the participating experts will take this opportunity to exchange ideas, collide ideas, brainstorm in in-depth discussions, and contribute wisdom to the development of the national actuarial and insurance industry.
Chairman Meng Shengwang said that the forum came to the w88 casino for the second time, which fully demonstrated the strong attraction and sense of responsibility of the Insurance w88 casino of the w88 casino in the actuarial field. Actuarial science, as a specialized technology and method for risk measurement, risk pricing and risk management, is the core competitiveness of the insurance industry. There is still a lot of room for development in my country's current professional actuarial education and applied research. It is worthy for every actuarial expert, scholar and practitioner to seize the good opportunities for the development of actuarial education and actuarial research and shoulder the important historical mission. It is hoped that this forum can effectively promote close exchanges and cooperation among actuarial talents from all parties, and jointly explore risk management and actuarial theories and methods that meet the requirements of my country's economic and social development.
Opening Ceremony
The keynote speech session was hosted by Zhou Hua, Dean of the w88 casino of Insurance at Central University of Finance and Economics, Yang Jingping, Professor from Peking University, Liu Leping, Director of the Scientific Research Office of Tianjin University of Finance and Economics, and Huang Wei, Dean of the Graduate w88 casino of the w88 casino. Four keynote speakers delivered speeches respectively. They are Professor Ai Jing of the University of Hawaii, Professor Yang Hailiang of Xi'an Jiaotong-Liverpool University, Professor Luo Jun of Clemson University, and Professor Wang Shuxun of Southern University of Science and Technology.
Professor Ai Jing gave a speech titled "Insurance Fraud Detection Revisited: Gaps and Advancements". She focused on the issue of insurance fraud identification, introduced the data limitation challenges faced by related research and the current progress, and said that in the future, she will continue to use empirical testing of theoretical models to better understand behavioral insurance and detect insurance fraud in the context of the interaction of different market participants.Professor Yang Hailiang gave a speech titled "Deep Learning in Actuarial Science: Introduction and Applications". He valued the impact of data science and artificial intelligence on the insurance industry. After defining the concepts of artificial intelligence and machine learning, he proposed a hybrid deep learning Markov chain approximation method and discussed its advantages through examples, including the possibility of using a parametric neural network that maximizes all state values simultaneously to replace the optimization of each state value. Improved models can improve the accuracy of numerical results.Professor Luo Jun gave a speech titled "Variable Selection and Applications in Linear and Partial Linear Models with Growing Dimensions". She focused on the variable selection problem in linear models. First, she analyzed the asymptotic distribution and MSE consistency of the ridge estimator, then demonstrated the screening process and performed hypothesis testing on the results, and finally further expanded to partial linear models.Professor Wang Shuxun gave a speech titled "Putting Actuarial Science in Action: Building Fiscal Resilience amid Climate Change" speech, he led everyone to review the history of actuarial science and think about the contribution that actuaries can make in response to the common challenge facing the world today, namely climate change. He pointed out that addressing climate change requires governance of financial flows and information flows. In the future, ESG actuaries should design disaster reduction insurance products in the environmental aspect, pay attention to the evaluation of public disaster reduction budgets and investment projects in the social aspect, and learn to calculate government subsidies for disaster reduction insurance and green bonds in the government aspect.
Keynote Speech Session
The afternoon of July 22nd was the sub-forum session of this forum. A total of outstanding scholars forum and 6 parallel forums with different themes were set up. Parallel forums include: non-life insurance actuarial science, risk measurement and reinsurance actuarial science, agricultural risk management and actuarial science, medical health insurance and actuarial science, life insurance and social insurance actuarial science, and the 2023 Financial and Insurance Technology Safety Operation Summit Forum. Each parallel forum arranges about five experts and scholars to give special reports, introduce the latest research progress on this topic, and conduct heated discussions on related issues.
Sub-forum session
This forum also includes a student competition, which is divided into two parts: undergraduate insurance product design competition and graduate student risk management case competition. More than 100 participating students from more than 20 universities across the country, including Renmin University of China, Shanghai University of Finance and Economics, Southwestern University of Finance and Economics, and Shandong University of Finance and Economics, competed fiercely. The students prepared carefully and had lively discussions, which fully demonstrated the solid professionalism and outstanding innovation ability of the young students.
The closing ceremony of the forum was hosted by Gao Ling, Secretary of the Party Committee of the w88 casino of Insurance, w88 casino. In the closing session, researcher Chi Yichun of the Central University of Finance and Economics and Meng Shengwang, chairman of the Risk Management and Actuarial Branch of the China Field Statistics Research Association, announced the winners of the undergraduate and graduate case competitions respectively. The British Institute of Actuaries, the North American Association of Actuaries and experts and scholars from various universities jointly presented awards to the winning student teams.
Witnessed by Meng Shengwang, Chairman of the Risk Management and Actuarial Branch of the China Field Statistics Research Association, Professor Xie Yuantao handed the flag to Zeng Xudong, Director of the Insurance Department of the w88 casino of Finance, Shanghai University of Finance and Economics, the organizer of the next conference. Professor Zeng delivered a speech on behalf of the next organizer and sincerely invited all participating representatives to gather at Shanghai University of Finance and Economics next year to exchange academic progress.
Closing Ceremony
The 14th China Risk Management and Actuarial Forum and International Conference on Actuarial Science and Insurance brought together top experts and scholars at home and abroad to conduct in-depth discussions on risk management and actuarial science and other related fields, and shared cutting-edge research results and theoretical perspectives; the conference focused on the major challenges and opportunities currently facing the world, and participating experts and scholars discussed strategies and strategies to deal with challenges. Solutions are of great significance to improving risk management levels, optimizing insurance product design, and ensuring stable social development; the forum invites internationally renowned scholars and experts to participate in the forum, which promotes international exchanges and cooperation and promotes the integration of China's risk management and actuarial fields with international standards. It is of positive significance for enhancing the global influence of China's risk management and actuarial fields and strengthening international risk management cooperation.
