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 […]
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 economic view on a company has become more and more important over the last couple of years. Many job opportunities arose for actuaries with the increasing need for economic valuation of assets and liabilities and value-based management. Executives use the concept of economic capital to enhance the management of their company. Therefore, the European […]
The economic view on a company has become more and more important over the last couple of years. Many job opportunities arose for actuaries with the increasing need for economic valuation of assets and liabilities and value-based management. Executives use the concept of economic capital to enhance the management of their company. Therefore, the European […]
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 economic view on a company has become more and more important over the last couple of years. Many job opportunities arose for actuaries with the increasing need for economic valuation of assets and liabilities and value-based management. Executives use the concept of economic capital to enhance the management of their company. Therefore, the European […]
The present training is concerned with the question of economic capital in corporate management. Key aspects are economic valuation and performance, economic steering, key performance indicators, and value based management. A simplified case study for a life insurer shows in a nutshell the central aspects of corporate management in practice. The course consists of lectures […]
The economic view on a company has become more and more important over the last couple of years. Many job opportunities arose for actuaries with the increasing need for economic valuation of assets and liabilities and value-based management. Executives use the concept of economic capital to enhance the management of their company. Therefore, the European […]
The present training is concerned with the question of economic capital in corporate management. Key aspects are economic valuation and performance, economic steering, key performance indicators, and value based management. A simplified case study for a life insurer shows in a nutshell the central aspects of corporate management in practice. The course consists of lectures […]
The economic view on a company has become more and more important over the last couple of years. Many job opportunities arose for actuaries with the increasing need for economic valuation of assets and liabilities and value-based management. Executives use the concept of economic capital to enhance the management of their company. Therefore, the European […]
The objective of this web session (which consists of 2 parts) is to present various experiences of structural reforms of public pension schemes such as NDC (notional account) or point systems and to analyze these techniques in terms of fair equilibrium between financial sustainability and social adequacy. This analysis will motivate to introduce intermediate approaches […]
