GRSIA Participates in GCC Civil Retirement, Social Insurance Agencies Symposium in Bahrain

General


Doha: The General Retirement and Social Insurance Authority (GRSIA) is participating in the 16th regular symposium for Civil Retirement and Social Insurance Agencies in the Gulf Cooperation Council countries (GCC), hosted by the Kingdom of Bahrain’s Social Insurance Organization, on April 23rd and 24th, under the title of financial sustainability of retirement and social insurance funds.

The symposium addresses topics relating to insurance fund sustainability, challenges, governance, control and supervision, financial innovations, best practices, and exchanging country-based case studies.

Moreover, the symposium will discuss the impact of economic challenges on the sustainability of insurance funds, the impact of disclosure and transparency, solvency assessment models, liquidity management, the impact of demographic changes, enhancing awareness and practice of social production, making use of technologies and insurance systems and policies to enhance sustainability, activating the financial sustainability o
f insurance authorities’ administrative structures, the provision of optional saving and insurance products, in addition to the role of insurance funds in enhancing sustainability.

It will also tackle ways to enhance long-term investments for pension funds, the importance of investment diversification to ensure fund sustainability, the impact of financial market fluctuations, recent trends in alternative investments and sustainable investment products, and their impact on the investment strategy of insurance funds, in addition to designing new strategies for managing assets and liabilities and developing the investment portfolio periodically based on changes in assets and liabilities.

The symposium will address risk management strategies for insurance funds, analysis of potential financial risks, development and diversification of insurance products to confront future risks, in addition to risk analysis within the framework of the sustainability of insurance funds.

Source: Qatar News Agency