FSAA Breakfast Technical Session

Evolution of the management of regulatory capital

Many aspects of the management of insurance regulatory capital are evolving. Jennifer Lang will discuss APRA's key requirement that insurers have an Internal Capital Adequacy Assessment Process (ICAAP), which is consistent with the company's risk profile and the Board's risk appetite.

Jennifer is a senior Partner of KPMG Actuarial and has over 25 years' experience in insurance, finance and superannuation. Jennifer is well known in the Australian market as a leading actuary and is highly respected in the insurance industry for her extensive experience of the business drivers of insurance companies and pragmatic business focused advice. 

KPMG Fraud Barometer and implications for insurers

KPMG Forensic's latest Fraud Barometer shows that losses to fraud have exceeded $1billion in the past four years. As part of the four year anniversary of the Fraud Barometer, Gary Gill will analyse the trends in frauds over the last four years with particular emphasis on insurers.

Gary is the leader of KPMG’s Forensic practice. His experience in the Forensic business spans almost twenty years, with a focus on the prevention, detection and investigation of financial crime, including financial and accounting fraud, bribery and corruption, money laundering, terrorist financing, theft of intellectual property and cyber-crime.  He has conducted investigations into major financial statement frauds involving collusion among senior management, bribery and corruption, and led a variety of financial crime risk management and anti-money laundering advisory engagements.

Insurance Contracts Phase II update

As the debate continues, Darren Scammell will examine the key issues as the project currently stands and what this means for Australian insurers. 

Darren is a Partner in our Financial Services practice. He has specialised in financial services, particularly insurance, for a broad range of audit and advisory clients, for the last twelve years. Darren is the Partner in Charge of Financial Services Audit in Melbourne as well as the head of the Accounting Advisory Group in Melbourne, specialising in advice to corporates, not for profit entities and Government.

Details and how to register

Places are strictly limited and available on a "first come first served" basis.  Please note, there is no cost to attend this event, however, as KPMG will be catering based on your RSVP, please let me know if you need to cancel your place.