IFRS 17 will become effective on 01.01.2023 and it represents a step change for all entities that are required to apply its guidance. The changes will not be limited to the measurement of contracts – including their presentation in the balance sheet – but also substantially change how insurers present their period performance in the […]
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, […]
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, […]
After an introduction to the specificities on cyber-risk, this session gives first steps towards a better understanding of cyber risk, by providing mathematical models and actuarial analysis. For a better quantification of cyber risk, we propose innovative models, both for the severity component (size of the claims) and the frequency component (accumulation risk and clustering […]
Starting from the revenue recognition concepts of fee-based services, we will discuss the qualification criteria of IFRS 17 for the VFA. Basis are certain contractual features, including the identification of the underlying items belonging to the contract. Further conditions need to be met to qualify insurer’s share in the surplus as (variable) fee. Other contractual […]
Kurzbeschreibung: In dieser Veranstaltung erfahren Sie aus erster Hand alles über die Cyber- Abwehr als Prozess der laufende Awareness aller Unternehmensbereich die Erwartung von Regulierung und Aufsicht inclusive internationaler Aspekte die Sicht- und Herangehensweise von Beratern und Prüfern Anmeldeschluss: 2022-05-09 Link: https://www.gvfw.at/gvfw/gvfw.nsf/sysPages/51E8B0C43AFFCC05C1258817002FC939 Kosten: 419€
Our focus will be on recently implemented models. An important criterium for the machine learning applications which will be presented in the web session is that an actual model with a company’s data has been built. In the beginning we will give a short introduction of machine learning and its best known and currently most […]
Carmen Boado-Penas, University of Liverpool, UK In Präsenz: Freihaus Hörsaal 8 (Nöbauer Hörsaal), TU Wien, 1040 Wien, Wiedner Hauptstraße 8-10 Die AVÖ vergibt für die Teilnahme an dieser Veranstaltung 1 CPD-Punkt. Es gibt keine Teilnahmegebühr. Die Anmeldung erfolgt über das auf der Veranstaltungsseite verlinkte Anmeldeformular https://fam.tuwien.ac.at/vr/20220531.php Mit den Vorträgen im Rahmen der Veranstaltungsreihe "Actuarial […]
Starting from the revenue recognition concepts of fee-based services, we will discuss the qualification criteria of IFRS 17 for the VFA. Basis are certain contractual features, including the identification of the underlying items belonging to the contract. Further conditions need to be met to qualify insurer’s share in the surplus as (variable) fee. Other contractual […]
The debate on climate change has rapidly evolved in recent years. It is no longer on whether the evidence of human impact on climate change is real, but on whether key mitigating strategies being adopted are sufficient. It is becoming increasingly evident that the actuarial community’s understanding of climate risk is not yet as developed […]
In dieser Veranstaltung erfahren Sie aus erster Hand alles über die Cyber- Abwehr als Prozess der laufende Awareness aller Unternehmensbereich die Erwartung von Regulierung und Aufsicht inklusive internationaler Aspekte die Sicht- und Herangehensweise von Beratern und Prüfern. Anmeldeschluss: 2022-06-28 Link: https://www.gvfw.at/gvfw/gvfw.nsf/sysPages/75048DAEC55E82BFC125881700383ED1 Kosten: 419€
To enhance the applicability of the PAA, judgment of the details of the eligibility criteria is needed. We will discuss those details and the hurdles included. Further, we will discuss the details of the PAA measurement particularly in comparison with traditional methods which might be applied as approximation. The combination of the simplified approach together […]
