The Institute and Faculty of Actuaries Wen Li FIA Lead Representative in Asia July 2013

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 1 About the IFoA The Institute of Actuaries was formed in 1848 in London and the Faculty of Actuaries was formed in 1856 in Scotland, both under Royal Charter The Institute and Faculty of Actuaries merged to become one on 1 August 2010 The Institute and Faculty of Actuaries (IFoA) is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 Our logo explained 2 The armorial bearings are based on a shield bearing a wavy line to reflect on the mathematical curves used by actuaries in their analysis and understanding of future financial out turns The hour glasses depict the sands of time and are an allusion to the study by actuaries of the impact of uncertainties on future events The shield is supported by two owls which represent wisdom The ground is strewn with English roses and Scottish thistles in reference to the former London and Edinburgh-based professional bodies The armorial bearings are topped with a woolsack (again with the mathematically wavy line), which is a recall of the trade in wool at Staple Inn, where the profession has its headquarters.

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 3 At a glance Over 24,000 members Over 12,000 are fully qualified actuaries (around 60 in China) Over 41% of members are based outside the UK 48% of members are students 70% of members are under 40 years old Our webinars have attracted 2,804 delegates over 330 registered sites Over 13,000 fans on Facebook Over 600 fans on Weibo

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B Year Strategy Education Regulation Member Support Public Affairs Learned Society and Thought Leadership International

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 5 Education Routes to fellowship: - ERM - Life - General Insurance - Health and care - Pensions - Investment - Finance

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 6 Education Routes to qualifying: - passing 15 subjects with required work base skills - Exams are application based rather than bookwork - In the early days most students qualified while working - Since “Morris Review”, high quality universities around the world are accredited with exemptions from the IFoA

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 7 President’s comments Extracts from the President’s comments: The IFoA is an international organisation with members spread far and wide, and a professional heritage that dates back over 160 years. With all that talent and experience, and our commitment to working in the public interest, we can help our members and our stakeholders grapple with many of the key issues that are relevant as the world changes. Most of all, I want our members and volunteers to be proud to be associated with the IFoA.

Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary colour palette Primary colour palette Light grey R63 G69 B72 Pea green R121 G163 B42 Forest green R0 G132 B82 Bottle green R17 G179 B162 Cyan R0 G156 B200 Light blue R124 G179 B225 Violet R128 G118 B207 Purple R143 G70 B147 Fuscia R233 G69 B140 Red R200 G30 B69 Orange R238 G Dark grey R63 G69 B72 8 Our vision We will serve the public interest by ensuring that where there is uncertainty of future financial outcomes, actuaries are trusted and sort after for their valued analysis and authority.

Thank you. Questions? Comments?