Company News
-
2025 AIRC Seminar
29 August 2025 | Taipei, Taiwan AI-Driven Actuarial Data Processing and Reporting Automation At the Taiwan Actuarial Institute (AIRC) Seminar, we jointly shared practical experience and observations on AI-driven actuarial data processing and reporting automation with FIS and Andy Leung, an actuarial consultant in Korea. The discussion focused on the structural challenges faced by insurers operating under high-intensity regulatory regimes such as IFRS 17 and ICS/K-ICS, and explored how process automation and AI technologies can be leveraged to significantly enhance…
-
Prophet Model Enhancement
2024-12-13 | Taipei, Taiwan From Performance Optimization to Sustainable Actuarial Model Governance Project Background With the full implementation of IFRS 17 and next-generation capital regimes such as ICS, actuarial models have evolved from simple calculation engines into core systems that underpin financial reporting, capital management, and strategic decision-making. As product structures and modeling logic grow increasingly complex, legacy Prophet liability models often face challenges such as performance bottlenecks, excessive structural complexity, high maintenance costs, and rising model governance risks. Under…
-
2024 SOA Seoul Seminar
26 September 2024 | Seoul, South Korea Actuarial Model Validation, Governance, and Control On September 26, 2024, I had the privilege of speaking at the SOA Seoul Seminar, where I shared my insights on a topic that has moved from the back office to the boardroom: Actuarial Model Validation, Governance, and Control. In the current regulatory landscape, particularly with the full implementation of IFRS 17 and K-ICS (Korea-Insurance Capital Standard), the actuarial model is no longer just a calculation engine—it…
-
2024 AIRC-SOA Joint Seminar
25 April, 2024 | Taipei, Taiwan K-ICS Implementation and Reporting Experience Sharing At the 2024 AIRC–SOA Joint Seminar, I had the opportunity to share practical insights and hands-on experience related to the implementation and reporting of K-ICS (Korea Insurance Capital Standard) with Mr. Jinwon Cho, a Korean actuary at LINA Life Insurance. With K-ICS officially replacing the traditional RBC framework, the Korean insurance industry is undergoing a fundamental and structural transformation. At the heart of this change lies a shift…