Subject of Talk
Financial Statement of Life Insurance Companies
The Financial Statement is one of the most important documents to reflect the financial position of a life insurance company. During this session we try to analyse the items of a simple Profit & Loss Statement and Balance Sheet and establish the linkage between the accounts.
Speaker Biography
CHENG Koon-Wing

Mr Cheng is the Senior Vice President of Actuarial Department of Fortis Insurance Company (Asia) Limited (FICA). He joined the company in 1994 and was the Appointed Actuary since 1995. He is primarily responsible for the corporate actuarial functions and carries out statutory duties in accordance with the insurance companiesˇ¦ ordinance and applicable legislation.

With over 30 years of experience in the actuarial field, Mr Cheng has also held senior actuarial roles with Manulifeˇ¦s Asia Pacific Division, Mony Life of Canada and American International Assurance.

Mr Cheng graduated from The University of Hong Kong with a Bachelor of Science Degree and was awarded a Master of Science Degree in Statistics by the University of British Columbia, Canada. He is a Fellow of the Canadian Institute of Actuaries and Fellow of the Society of Actuaries.