Actuarial Association of Sri Lanka initiated and hosted the 1st South Asian Actuarial Conference on 12th- 13th July 2017 in Colombo, Sri Lanka.
The theme of the conference was "Creating Value for Business" - Risk,
Regulation, Innovation, Education. This conference attracted audience
from around the south Asian region, other countries in Asia and other
parts of the world. There were about 250 attended the conference
including both Actuaries and other professionals who are closely working
with actuaries in the insurance industry. The eminent and experience
speaker panel shared their knowledge covering the theme of the
conference in the areas of Risk, Regulation, Innovation, Education and
the engagement of the audience was at a very high level. This two days
conference was very well received by all the attendees and invitees
creating a milestone of the history of Actuarial Association of Sri Lanka.
Institute and Faculty of Actuaries partnered with the Actuarial
Association of Sri Lanka, being a gold sponsor for this inaugural South
Asian Actuarial Conference.
IAA president, Mr. Tom Terry attended the conference as the chief guest
and the keynote speaker was the Assistant Governor of Central Bank of
Sri Lanka. Mrs. Indrani Sugathadasa, chairperson of the Insurance board
of Sri Lanka attended as the Guest of Honor of the event. This is the first
ever international conference organized by the Actuarial Association of
Sri Lanka. The main objective is to create awareness about the Actuarial
Profession around the South Asian Region allowing all actuaries in this
region to get together and share their knowledge and experience while
learning from each other. Sarah Sim represented the Institute and
Faculty of Actuaries, UK in this conference.
AASL took the first step of creating awareness of the Actuarial profession
among the University students alongside with this conference. University
undergraduates in their final year were invited to participate at a separate
session and were educated them on about the Actuarial Profession and
how to become an Actuary. This session was made available free of
charge for these students and Thanuja Krishnaratna, the president of
Actuarial Association of Sri Lanka took the audience through the IFOA
exam system and the CAA qualification on behalf of the Institute and
Faculty of Actuaries.
Actuarial Association of Sri Lanka was formed in the year 2008 and is an
associate member of the International Actuarial Association form the
beginning. AASL has already submitted their application to receive the
full member status of IAA.