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The 14th China Risk Management and Actuarial Forum and International Conference on Actuarial and Insurance was held


On July 22-23, the 14th China Risk Management and Actuarial Forum and International Conference on Actuarial and Insurance was successfully held in our university. The conference was organized by the University of International Business and Economics and the Risk Management and Actuarial Branch of China Field Statistics Research Society, co-organized by the Actuarial Society of North America, the Institute of Actuaries of the United Kingdom and the Actuarial Society of North America, and undertaken by the School of Insurance of the University of International Business and Economics, with the participation of more than two hundred experts and scholars from the fields of domestic and foreign politics, enterprises, academics, and research.

(Group photo of participants)

Mr. Huang Baoyin, Secretary of the Party Committee of the University of International Business and Economics (UIBE), and Mr. Meng Shengwang, Chairman of the Risk Management and Actuarial Branch of the China Society for Field Statistics (CSFS), attended the meeting and delivered speeches. Mr. Huang Baoyin pointed out that the School of Insurance of the University of International Business and Economics has explored its own characteristics and practices in the construction of actuarial discipline, which has established a good reputation in the society and the industry; driven by the demand of the national major strategies, the cross-disciplinary convergence and cross-boundary fusion of multiple technologies have become the norm, and it has become an important task for the discipline to develop how to anchor on the national strategies and utilize the actuarial insurance in the social governance; he hoped that the experts attending the conference would take this opportunity to exchange ideas and collide with each other in an in-depth discussion. It is hoped that the participating experts will take this opportunity to exchange ideas and collide with each other in in-depth discussions, and contribute wisdom to the development of national actuarial and insurance undertakings. Mr. Meng Shengwang, Chairman of the Board of Directors of the University of International Business and Economics (UIBE), said that the second visit of the forum to the University of International Business and Economics (UIBE) has fully demonstrated the strong attraction of UIBE's School of Insurance in the field of insurance actuarial science and the spirit of responsibility; actuarial science is the core competitiveness of the insurance industry, and there is still a lot of room for the development of China's current actuarial education and applied research, which makes it worthwhile for experts and scholars to take up the historical mission to discuss risk management and actuarial theory and methodology to satisfy China's economic and social development. Risk management and actuarial theories and methods to meet the requirements of China's economic and social development. The opening ceremony was presided over by Xie Yuantao, dean of the School of Insurance.

(Speech Session)

The keynote speeches were hosted by Zhou Hua, Dean of the School of Insurance of the Central University of Finance and Economics, Yang Jingping, Professor of Peking University, Liu Leping, Director of the Research Department of Tianjin University of Finance and Economics, and Huang Wei, Dean of the Graduate School of the University of International Business and Economics, respectively.

Professor Ai Jing of the University of Hawaii introduced and argued about the identification of insurance fraud and research development with the topic of Insurance Fraud Detection Revisited: Gaps and Advancements; Professor Yang Hailiang of the Xijiao Liverpool University gave a lecture entitled Deep Learning in Actuarial Science: Introduction and Applications, which provided an in-depth introduction to methods for optimizing insurance strategies; Professor Jun Luo of Clemson University focused on Variable Selection and Applications in Linear and Partial Linear Models. Prof. Jun Luo of Clemson University focused on Variable Selection and Applications in Linear and Partial Linear Models with Growing Dimensions; Prof. Shuxun Wang of Southern University of Science and Technology gave a lecture entitled Putting Actuarial Science in Action: Building Fiscal Resilience amid Climate Change. Professor Wang Shuxun of Southern University of Science and Technology gave a speech entitled Putting Actuarial Science in Action: Building Fiscal Resilience amid Climate Change, analyzing and discussing what actuaries can do under climate change and reflecting on what ESG actuaries should do in the future.

(Keynote Speaking Sessions)

The conference set up a Roundtable Forum on Actuarial Education, a Distinguished Scholars' Forum and six parallel forums with different topics, namely, Actuarial for Non-Life Insurance, Risk Metrics and Reinsurance Actuarial, Agricultural Risk Management and Actuarial, Medical and Health Insurance and Actuarial, Actuarial for Life and Social Insurance, and the 2023 Summit on Safe Operation of Financial and Insurance Technology. More than 100 students from more than 20 universities across China participated in the Undergraduate Insurance Product Design Competition and the Graduate Risk Management Case Competition.

(Sub-Forum Session)

The closing ceremony was hosted by Gao Ling, Secretary of the Party Committee of the School of Insurance. Mr. Meng Shengwang, Chairman of the Board of Directors, and Mr. Chi Yichun, Researcher of Central University of Finance and Economics, read out the list of winners of the student competition. Mr. Sun Jian, Regional Manager of the British Institute of Actuaries Greater China, Mr. Li Jingxin, Chief Representative of the Actuarial Society of North America in China, and experts and scholars from various universities presented the awards to the winning students. Witnessed by Chairman Meng Shengwang, President Xie Yuantao handed over the flag to Prof. Zeng Xudong, Head of Insurance Department, School of Finance, Shanghai University of Finance and Economics, the representative of the next conference organizer.

This year's conference gathered top experts and scholars from home and abroad for in-depth exchanges and discussions on the cutting-edge theories, methods and applications of risk management and actuarial in the context of the new era, which strengthened the interaction between actuarial experts and scholars, enhanced the ability of China's risk management and actuarial field to meet international standards, and was of great significance for the cultivation of actuarial talents and the development of the actuarial discipline.

(Closing Ceremony Session)