BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ) - ECPv6.16.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
X-ORIGINAL-URL:https://avoe.at
X-WR-CALDESC:Veranstaltungen für AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Europe/Vienna
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20220327T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20221030T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20230326T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20231029T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20240331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20241027T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VTIMEZONE
TZID:UTC
BEGIN:STANDARD
TZOFFSETFROM:+0000
TZOFFSETTO:+0000
TZNAME:UTC
DTSTART:20220101T000000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20230313T100000
DTEND;TZID=Europe/Vienna:20230313T120000
DTSTAMP:20260529T200800
CREATED:20231123T112621Z
LAST-MODIFIED:20231123T112621Z
UID:10000385-1678701600-1678708800@avoe.at
SUMMARY:EAA Web Session 'Loss of Nature & Insurers: Implications & Risk Manag. Approaches'
DESCRIPTION:The consequences of biodiversity and ecosystem loss for humanity as a whole are potentially devastating. Ecosystems and biodiversity\, among others\, can be considered a source of defence against the effects of climate change and are closely interconnected with it. \n  \nOmitting to consider the importance of these aspects\, mitigation and adaptation to the consequences of the loss of nature\, can represent a source of economic risk potentially undermining financial stability\, as well as compromising people’s physical and mental well-being. \n  \nIndustries that rely heavily on nature generate 50 per cent of global gross domestic product. In recent years\, institutional focus to the risks posed by the loss of biodiversity and ecosystems has increased\, also with specific reference to the insurance sector\, both by regulators and by the industry players themselves\, who are aware of the potential consequences for business. \nAnmeldeschluss: 2024-03-11 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0428
URL:https://avoe.at/event/eaa-web-session-loss-of-nature-insurers-implications-risk-manag-approaches/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20230314T150000
DTEND;TZID=Europe/Vienna:20230314T170000
DTSTAMP:20260529T200800
CREATED:20230220T125717Z
LAST-MODIFIED:20230220T125717Z
UID:10000298-1678806000-1678813200@avoe.at
SUMMARY:EAA Web Session: Recent Developments in Climate Risk Scenario Analysis
DESCRIPTION:Methodologies on Climate Scenario Analysis for insurers have been developing rapidly over last years. Ongoing attention by all stakeholders\, pilot exercises all over the world and a substantial increase in awareness towards climate-related risks have incited insurers to develop and refine their stress testing capabilities on climate-related risks. \n  \nIn this session\, we will talk about the latest developments and challenges for maturing climate risk stress testing frameworks for insurers. We will talk about the set-up of physical and transition risk scenarios\, common techniques for selecting\, merging\, and enhancing suitable scenario variables\, as well as practical approaches for impact quantification and their difficulties in application. \nAnmeldeschluss: 2023-03-10 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0350
URL:https://avoe.at/event/eaa-web-session-recent-developments-in-climate-risk-scenario-analysis/
LOCATION:Wien
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20230316T090000
DTEND;TZID=Europe/Vienna:20230317T123000
DTSTAMP:20260529T200800
CREATED:20230220T125851Z
LAST-MODIFIED:20230220T125851Z
UID:10000299-1678957200-1679056200@avoe.at
SUMMARY:EAA Web Session: Extreme Risk Analysis
DESCRIPTION:The economic model of insurance is based on mutualization. Roughly speaking\, this consists in considering that the good results of the majority of the insureds compensate for the losses linked to the claims of a minority. Mathematically\, it is based on the law of large numbers and the central limit theorem. But new risks\, on a large scale\, such as cyber\, climatic or epidemiological risks\, can challenge this model. On the one hand\, the scale of the associated disasters\, which takes us away from the hypotheses of the central limit theorem\, and on the other hand\, the statistical ignorance of the phenomena considered\, which makes their anticipation and coverage complicated. The question of the (mathematical) insurability of these risks is clearly raised. \nThe objective of this course is to understand and master the mathematical and statistical tools necessary for the analysis of extreme risks. We will present the main mathematical issues related to the study of these extreme risks and show how mathematical modeling and the relevant use of the (often scarce) data available can be used to build management solutions for this type of risk. \nAnmeldeschluss: 2023-03-14 \nLink: https://actuarial-academy.com/seminars/seminar?No=E0343
URL:https://avoe.at/event/eaa-web-session-extreme-risk-analysis/
LOCATION:Wien
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20230320T090000
DTEND;TZID=UTC:20230321T170000
DTSTAMP:20260529T200800
CREATED:20220624T170758Z
LAST-MODIFIED:20230323T205916Z
UID:10000110-1679302800-1679418000@avoe.at
SUMMARY:EAA Web Session CERA\, Module C: Processes in ERM
DESCRIPTION: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 close relationship between ERM and Value and Risk Based Management and show how financial and other risks influence the selection of strategy. We show how ERM can be appropriately imbedded in an entity’s strategic planning and discuss the Own Risk and Solvency Assessment. We present the application of an internal risk control process. In the context of ERM reports to different stakeholders are required (management\, supervisory body\, regulators\, public disclosure). We give an overview of the different reports and the main contents. Further we show examples of communication processes in the context of ERM. During the web session we present case studies to discuss the main subjects. \nAnmeldeschluss: 2023-03-16 \nLink: https://actuarial-academy.com/cera/seminar?No=E0322
URL:https://avoe.at/event/eaa-web-session-cera-module-c-processes-in-erm-2/
LOCATION:Wien
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20230322T090000
DTEND;TZID=UTC:20230323T173000
DTSTAMP:20260529T200800
CREATED:20220531T103850Z
LAST-MODIFIED:20220531T103850Z
UID:10000100-1679475600-1679592600@avoe.at
SUMMARY:EAA Web Session: CERA\, Module D: ERM – Economic Capital
DESCRIPTION: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 and workshops. \nAnmeldeschluss: 2023-03-19 \nLink: https://actuarial-academy.com/cera/seminar?No=E0323
URL:https://avoe.at/event/eaa-web-session-cera-module-d-erm-economic-capital-2/
LOCATION:Wien
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20230323T090000
DTEND;TZID=Europe/Vienna:20230323T123000
DTSTAMP:20260529T200800
CREATED:20230323T212636Z
LAST-MODIFIED:20230323T212636Z
UID:10000312-1679562000-1679574600@avoe.at
SUMMARY:Assets and Liabilities Management (Part 2: Advanced)
DESCRIPTION:For an insurance company\, ensuring the proper coordination between assets and liabilities in order to achieve targeted financial objectives is of paramount interest. A strategy used to reach such objectives is „asset and liability management“ (ALM in short). ALM can therefore be viewed as any ongoing process that defines\, implements\, and monitors financial strategies to manage assets and liabilities together. \n\nIn recent years\, the modelling tools used in ALM strategies have become increasingly sophisticated and the technical aspects of current insurance regulation have increased. As a result\, some ALM aspects have become more and more difficult to understand and master. \nThe aim of this training is to \n\nDefine what ALM is and describe the typical missions of an ALM department in an insurance company\nPresent the financial risks on which ALM classically focus as well as the requirements of the Solvency II regulation for insurance companies\nDescribe the essential quantitative ALM tools and methods used by insurance companies to evaluate and mitigate the risks\nIllustrate the different concepts through numerical examples and case studies to make it practical and not just theoretical
URL:https://avoe.at/event/assets-and-liabilities-management-part-2-advanced/
LOCATION:Wien
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
END:VCALENDAR