Michael Winkler

Managing Director

RefinSol GmbH

Michael Winkler studied mathematics and physics at Zurich university and got his diploma in 1983. He started his professional career as an actuarial assistant for the Swiss individual life insurance with Winterthur Life in 1980 and worked there until 1996 in a number of fields, including product development, revenue analysis, development of calculation bases, asset-liability-management etc.

While working for Winterthur Life Re in Dallas in 1996-1997, he became familiar with the North American life insurance market and its specific annuity products.

On his return to Switzerland he joined Union Re as chief actuary for the life business. Due to the merger with Swiss Re in 1998, he became the head of actuarial development for the Latin American and some European markets in Swiss Re. In this function, he was involved in several studies of the mortality development worldwide and was leading the international project group developing the first Spanish annuitant mortality tables in 2000. He is the author of the Swiss Re publication "To live and let pay. Longevity and pensions insurance in Europe“

In 2001, he rejoined Winterthur Life & Pensions as the head of the global unit-linked initiative. As of 2002, he became responsible for the international knowledge exchange and the product development and management within Winterthur’s Life & Pensions units in 18 countries.

After Winterthur’s merger with AXA, Michael Winkler joined New Re and built up the life team in Zurich from scratch, focusing on two business lines for which New Re got an exclusive mandate within Munich Re group: financing transactions in Europe and reinsurance of financial market guarantees – in particular of Variable Annuities – worldwide. He built up New Re’s reputation as a premium provider for Variable Annuity reinsurance and is a well-known speaker in industry conferences.

In 2014, he left New Re and established his own consulting firm RefinSol which provides specialized advice to reinsurance and insurance companies in the area of Financial Solutions.

Andrew Beattie

Senior Manager IFRS 17 Implementation

Zurich Insurance Company Ltd.

Andrew Beattie is responsible for Organisational Change Management and Education for Zurich Insurance Group’s IFRS 17 implementation. 

He joined the IFRS 17 implementation from his role as CFO for the International Group Life and Pooling business and before that led reporting for the Zurich Group’s Life segment for five years, including the implementation of their Source of Earnings reporting.  His 25 years with the Zurich Group have been primarily in Finance and the Life business, though also included senior management roles in Internal Audit, Client Services, Program Management and as COO. 

With a degree in mathematics, Andrew began his career in audit and consulting practice, qualifying as a UK Chartered Accountant and gaining experience across a broad range of industries before deciding to focus on Insurance.