IFRS 17 requires that risks inherent in the cash flows of the insurance contracts are considered in measurement, differentiating between financial risks and non-financial risks. While the financial risks are […]

The goal of this two-day training is to introduce the participants to both open source ecosystems and to get a good understanding of both languages. However, since both ecosystems are […]

The actuarial focus has changed significantly over the last couple of years. Computational power is increasing with exponential growth, in addition more and more data is available. This combination puts […]

Insurance companies are quite busy with IFRS17 and devote relatively little attention to IFRS9, its equivalent on the asset side. The complexity of this standard must however not be underestimated. […]

In 2017, after more than two decades of debates, outreach and Exposure Drafts, the IASB finally published the new IFRS 17 standard for Insurance Contracts. Following additional years of further […]

During the past decade, supervised classification problems have been identified in several actuarial fields, such as risk management, projection modeling, fraud and anomaly detection, etc. In many of these problems, […]

These days, nobody disputes the profound impact and yet-untouched potential of Machine Learning and Artificial Intelligence anymore. Yet, in the actuarial sciences, these breakthrough possibilities are hampered by regulation, the […]

The IASB issued 2017 the new comprehensive insurance accounting standard IFRS 17, with amendments issued in 2020. In addition to its general model, IFRS 17 introduces a modified approach, usually […]