The goal of the two-day web session is to provide participants with a comprehensive introduction to the new measurement, presentation and disclosure guidance for insurance contracts. It will cover life, health and non-life business, including the special guidance on direct participating contracts and shorter term non-life contracts and give useful examples. In the web session, […]
Auch wenn der Begriff "Data Science" schon allgegenwärtig ist, so fehlt es oft an einer konkreten Vorstellung, was sich dahinter verbirgt. Der Arbeitskreis Data Science der Aktuarvereinigung Österreichs (AVÖ) hat es sich deshalb zum Ziel gesetzt, Interessierten im Zuge von Vorträgen und Online-Seminaren einen leichten Einstieg in dieses Thema zu ermöglichen. Der Fokus soll dabei […]
While the actuarial community works on developing new ways to measure the economic impact of the risk posed by global warming, it is exceedingly important for Actuaries to gain an understanding of the underlying science of climate change. Having discussed the basics of climate science in a dedicated web session in Q4 2020, we are […]
The web session will cover a broad range of topics in predictive modeling that are relevant to actuarial practice. The session begins with a review of multivariable linear regression, and relatively quickly transitions to more advanced techniques. Advanced topics include logistic regression, gradient boosting models (GBM), and generalized linear models (GLM). Case studies will be […]
Auch wenn der Begriff "Data Science" schon allgegenwärtig ist, so fehlt es oft an einer konkreten Vorstellung, was sich dahinter verbirgt. Der Arbeitskreis Data Science der Aktuarvereinigung Österreichs (AVÖ) hat es sich deshalb zum Ziel gesetzt, Interessierten im Zuge von Vorträgen und Online-Seminaren einen leichten Einstieg in dieses Thema zu ermöglichen. Der Fokus soll dabei […]
The low interest rate environment as well as the solvency requirements following Solvency II ask for new concepts in many markets, especially – but not only – with regard to products that integrate guarantees into the saving process. This web session will therefore consider modern life insurance products with a special focus on innovations in […]
The low interest rate environment as well as the solvency requirements following Solvency II ask for new concepts in many markets, especially – but not only – with regard to products that integrate guarantees into the saving process. This web session will therefore consider modern life insurance products with a special focus on innovations in […]
Auch wenn der Begriff "Data Science" schon allgegenwärtig ist, so fehlt es oft an einer konkreten Vorstellung, was sich dahinter verbirgt. Der Arbeitskreis Data Science der Aktuarvereinigung Österreichs (AVÖ) hat es sich deshalb zum Ziel gesetzt, Interessierten im Zuge von Vorträgen und Online-Seminaren einen leichten Einstieg in dieses Thema zu ermöglichen. Der Fokus soll dabei […]
This web session takes a closer look at the "top line" item in the profit and loss account: insurance contract revenue. Depending on the nature of the business, insurance revenue may be very similar to the starting point for net income calculation according to current accounting regimes – or it may substantially differ. In either […]
Operational risk is the risk of loss, arising from inadequate or failed internal processes, people and systems or from external events. That is the definition of operational risk for regulatory purposes. Operational risk management is usually part of ERM and actuaries are typically not involved in these processes. That is often because of poor data […]
In the wake of the COVID-19 pandemic, mathematical epidemiology has been tasked with explaining and forecasting case and fatality numbers based on incomplete data. As both the disease itself as well as policies introduced to curtail its spread turned out to have considerable effects on health and economic outcomes, it is more imperative than ever […]
Operational risk is the risk of loss, arising from inadequate or failed internal processes, people and systems or from external events. That is the definition of operational risk for regulatory purposes. Operational risk management is usually part of ERM and actuaries are typically not involved in these processes. That is often because of poor data […]
