Session VI: 12 July 2012
Presentation: Challenges of Longevity Risks Facing Muslim Countries
Presented By: Zainal Abidin Mohd Kassim
Designation: Senior Partner, Actuarial Partners Consulting
Challenges of Longevity Risks Facing Muslim Countries
Agenda:
- Takaful - Back to Basics
- Salaam Insurance - Claims Metrics Vs Market Norm
- Pension - The Global Move from Defined Benefit to Defined Contribution
- The 'Price of Annuity' - Conversion Factor "Cash to Income"
- What do we want from 'Takafulized' Annuity?
- Conditions for takaful annuity to work
- The Sharia challenges
- A Suggested Route for Sharia Compliant Annuities
Session VI: 12 July 2012
Presentation: Challenges of Longevity Risks Facing Muslim Countries
Presented By: Maulana Faizal Manjoo
Designation: Lecturer, MIHE
Challenges of Longevity Risks Facing Muslim Countries
Agenda:
- Prologue
- Definition
- Causes
- Why are about longevity risk?
- Solvency II
- First Pillar of Solvency II
- Demographic Distribution of the Muslim World
- Malaysia
- Pakistan
- Turkey
- Iran
- Fertility Rate Drop and Increased Ageing
- Structural Impact
- Maqasid Shariah
- Relevant Products for Older People
- Risk Management of Longevity Risk
- Fiqhi Issues
- Legal Issues
Session VI: 12 July 2012
Presentation: Matching Assets and Liabilities in Long-term Takaful Provision
Presented By: Dr Ludwig Stiftl
Designation: Head of Retakaful CoC, Munich Re
Matching Assets and Liabilities in Long-term Takaful Provision
Agenda:
- About Tokio Marine Group
- Look back what was written
- still low penetration
- HR & IT for high quality services