Session III: 25 February 2014
Presentation: The Increasing Focus on Risk Management for Takaful Operators
Presented By: Susan Dingwall
Designation: Partner - Norton Rose Fulbright LLP
The Increasing Focus on Risk Management for Takaful Operators
Agenda:
- The meaning and purpose of risk management
- Consequences of risk management failure
- Consequences of risk management failure
- Risk management standards in Takaful: IFSB-14
- General risks faced by Takaful Undertakings
- Specific risks faced by Takaful Undertakings
- IFSB Recommendations
- Risk Governance
Session III: 25 February 2014
Presentation: Understanding and Providing for Specific Takaful Risks
Presented By: Kevin Willis
Designation: Director - Standard & Poor's - Financial Services Ratings
Understanding and Providing for Specific Takaful Risks
Agenda:
- Enterprise Risk Management
- ERM: what does Standard & Poor's look at?
- Enterprise Risk Management: the Takaful Perspective
- Overview
- Summary
Session III: 25 February 2014
Presentation: An Actuary's Views on Specific Takaful / Re-Takaful Risks
Presented By: Zainal Kassim FIA
Designation: Senior Partner - Actuarial Partners Consulting Sdn Bhd
An Actuary's Views on Specific Takaful / Re-Takaful Risks
Session III: 25 February 2014
Presentation: Approaches to Address the "Sticky" Qard al Hassan Conundrum
Presented By: Azman Ismail
Designation: President - IIFIN Consulting Sdn Bhd
Approaches to Address the "Sticky" Qard al Hassan Conundrum
Agenda
- The term 'qardh al-hasan
- The rationale of Qard al Hassan
- What Is Conundrum?
- Qard al Hassan Conundrum?
- Actuarial Perspective?
- My Current Views
- FIQH AULAWIYAT THE APPROACH - PRIORITY JURISPRUDENCE
- In the context of takaful
- Underwriting or actuarial deficit?
Session III: 25 February 2014
Presentation: Enhancing Risk Management Practices in Takaful Industry
Presented By: Saif Sawalha
Designation: General Insurance Manager - Weqaya Takaful Insurance
Enhancing Risk Management Practices in Takaful Industry
Agenda
- Weqaya at a Glance
- The Big Questions
- What is Enterprise Risk Management?
- How can we enhance the practices of Risk Management?
- Is there a difference between Conventional Insurance and Takaful?
- Standard ERM Framework
- Decision Making Phase
- Takaful Going Back To The Basics
- ERM Framework
- Important Aspects affecting ERM