In an increasingly data-driven world both the data being available to actuaries in their daily work as well as the toolbox of algorithms grow significantly. This is because new sources of data are open for actuarial work, like geo-risk data on granular levels, data from sensors and all kinds of IoT devices, health trackers, telematics […]
In an increasingly data-driven world both the data being available to actuaries in their daily work as well as the toolbox of algorithms grow significantly. This is because new sources of data are open for actuarial work, like geo-risk data on granular levels, data from sensors and all kinds of IoT devices, health trackers, telematics […]
Overall, the objective of this web session is to inform participants of EIOPAs opinion. We will present EIOPAs advice and discuss deviations from our stance on these issues. In doing so the focus will be on topics with a strong actuarial relevance. Anmeldeschluss: 22.2.2021
Non-Life insurance is facing many challenges ranging from fierce competition on the market or evolution in the distribution channel used by the consumers to evolution of the regulatory environment. Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several dimensions. The aim of this web session is to […]
Non-Life insurance is facing many challenges ranging from fierce competition on the market or evolution in the distribution channel used by the consumers to evolution of the regulatory environment. Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several dimensions. The aim of this web session is to […]
Non-Life insurance is facing many challenges ranging from fierce competition on the market or evolution in the distribution channel used by the consumers to evolution of the regulatory environment. Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several dimensions. The aim of this web session is to […]
Non-Life insurance is facing many challenges ranging from fierce competition on the market or evolution in the distribution channel used by the consumers to evolution of the regulatory environment. Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several dimensions. The aim of this web session is to […]
The objective of this web session is that participants should become familiar with neural networks used to solve practical problems in finance, banking and insurance. To achieve this we begin from the scratch and introduce machine learning techniques step by step: To start with, we give an overview of this interesting field with the primary […]
This module deals with the challenges of implementing ERM Processes. It includes requirements on ERM Processes and the discussion of best practices. It will be presented how to define an organisation’s risk strategy, risk appetite, risk tolerances and limits. We discuss how business strategy influences risk strategy and show their necessary interaction. We demonstrate the […]
The goal of the web session is to give participants a comprehensive introduction to stochastic mortality models, epidemiological models, and how the two interact during pandemic times. We will examine in detail a stochastic mortality model based on the textbook "Stochastic Modeling – Theory and Reality from an Actuarial Perspective" (copyright © 2010 International Actuarial […]
In the web session, we begin by describing random number simulation techniques, which underpin ESG work. We also talk about variance reduction techniques, which improve the efficiency / the precision of stochastic modelling. We move on to discuss risk-neutral equity modelling and interest rate modelling. We conclude our program on day 1 by considering real-world […]
In the web session, we begin by describing random number simulation techniques, which underpin ESG work. We also talk about variance reduction techniques, which improve the efficiency / the precision of stochastic modelling. We move on to discuss risk-neutral equity modelling and interest rate modelling. We conclude our program on day 1 by considering real-world […]
