EAA Web Session ‘Strategic Balance Sheet Management (Business Game)’

The goal of the workshop is to teach the participants the impact of the various levers an insurer can pull to manage its capital position and in turn manage its balance sheet towards the requirements of the different viewpoints an insurer has, i.e. IFRS17, Solvency II, Local GAAP and of course an economic asset view.
We will start the day by introducing the concept of strategic balance sheet management. Set goals and ambitions to optimize the key performance indicators to which insurance companies manage themselves. We will demonstrate how you can replicate the balance sheet of an insurer in a platform designed to do this. We will then show you tools you can use to alter the capital position of the insurer.
From here we will move onto exercises. We are going to make the game real and create smaller groups. Each group has its own insurer inside its own environment. Each group will be set goals, to manage towards certain KPI’s. They get their time to confer with their colleagues and present their findings.
The ultimate goal is to demonstrate how the activity of one group can differ. We will illuminate how the activity of departments in isolation can influence the balance sheet of the wider insurer and by extension other departments.
Anmeldeschluss: 2024-10-08
Link: https://actuarial-academy.com/seminars/seminar?No=E0463