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X-ORIGINAL-URL:https://avoe.at
X-WR-CALDESC:Veranstaltungen für AKTUARVEREINIGUNG ÖSTERREICHS (AVÖ)
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TZID:Europe/Vienna
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BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251008T090000
DTEND;TZID=Europe/Vienna:20251010T123000
DTSTAMP:20260416T140739
CREATED:20250628T113905Z
LAST-MODIFIED:20250628T113905Z
UID:10000550-1759914000-1760099400@avoe.at
SUMMARY:EAA Web Session 'Assets and Liabilities Management Part 1: Introduction'
DESCRIPTION:This ALM training starts with a first part that is primarily an introduction to main concepts of ALM and is therefore particularly suited for participants coming from different departments (for instance\, people dealing with own risk solvency assessment techniques or enterprise risk management) and wanting to develop a broader view on what ALM is and how it works. It is also well suited for newcomers or people wanting to refresh their mind on these concepts. Note that the training is not limited to people working in ALM or treasury departments but is also adapted to other departments.\nAnmeldeschluss: 2025-10-06\nLink: https://actuarial-academy.com/seminars/seminar?No=E0517
URL:https://avoe.at/event/eaa-web-session-assets-and-liabilities-management-part-1-introduction-2/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251014T090000
DTEND;TZID=Europe/Vienna:20251014T123000
DTSTAMP:20260416T140739
CREATED:20250703T062540Z
LAST-MODIFIED:20250703T062540Z
UID:10000554-1760432400-1760445000@avoe.at
SUMMARY:Nicht erst aus Schaden klug werden: Deckung ja – Deckung nein? – Teil 1
DESCRIPTION:Die Frage\, die den Versicherungsnehmer am meisten bewegt: zahlt der Versicherer oder zahlt er nicht? Die Antwort interessiert aber nicht nur die Parteien des Versicherungsvertrags\, sondern auch den Vertrieb: Haben Versicherungsvertreter:innen\, Versicherungsmakler:innen korrekt beraten …?\nIn dieser Veranstaltung wird aktuelle OGH-Judikatur in wesentlichen Praxisfragen zu Schadensfällen / Leistungspflicht des Versicherers quer durch die wichtigsten Sparten dargestellt – praxisbezogen und auch für Nichtjurist:innen verständlich.\nAnmeldeschluss: 2025-09-30\nLink: https://www.gvfw.at/gvfw/gvfw.nsf/sysPages/AEC61A0B89BAD425C1258CAC002F02AD\nKosten: 375.00
URL:https://avoe.at/event/nicht-erst-aus-schaden-klug-werden-deckung-ja-deckung-nein-teil-1/
LOCATION:Wien
CATEGORIES:Österreichische Gesellschaft für Versicherungsfachwissen (GVfW)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251015T090000
DTEND;TZID=Europe/Vienna:20251015T120000
DTSTAMP:20260416T140739
CREATED:20250703T062321Z
LAST-MODIFIED:20250703T062321Z
UID:10000553-1760518800-1760529600@avoe.at
SUMMARY:VersVG aktuell - Nicht erst aus Schaden klug werden: Deckung ja – Deckung nein? Teil 2
DESCRIPTION:Die Frage\, die den VN am meisten bewegt: Zahlt der Versicherer oder zahlt er nicht? Die Antwort interessiert aber nicht nur die Parteien des Versicherungsvertrags\, sondern auch den Vertrieb: Haben Versicherungsvertreter:innen\, Versicherungsmakler:innen korrekt beraten …? \nIn dieser Veranstaltung wird aktuelle OGH-Judikatur zu Schadensfällen/Leistungspflicht des Versicherers quer durch die wichtigsten Sparten dargestellt – praxisbezogen\, mit Fallbeispielen und auch für Nichtjurist:innen verständlich.\nAnmeldeschluss: 2025-09-30\nLink: https://www.gvfw.at/gvfw/gvfw.nsf/sysPages/AEC61A0B89BAD425C1258CAC002F02AD\nKosten: 375\,00€
URL:https://avoe.at/event/versvg-aktuell-nicht-erst-aus-schaden-klug-werden-deckung-ja-deckung-nein-teil-2/
LOCATION:Wien
CATEGORIES:Österreichische Gesellschaft für Versicherungsfachwissen (GVfW)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251015T093000
DTEND;TZID=Europe/Vienna:20251015T130000
DTSTAMP:20260416T140739
CREATED:20250415T082937Z
LAST-MODIFIED:20250415T082937Z
UID:10000532-1760520600-1760533200@avoe.at
SUMMARY:EAA Web Session 'A Practical Guide to RAG & Techniques'
DESCRIPTION:In the continuously evolving landscape of Artificial Intelligence (AI)\, Retrieval Augmented Generation (RAG) has emerged as a disruptive technology transforming how we interact with AI systems. RAG combines the strengths of information retrieval and Large Language Models to create powerful applications that can access and use vast amounts of data to generate contextually relevant and informative responses. This web session is designed to equip actuarial professionals with a solid understanding of RAG and its practical applications in the actuarial field. The session will be split into a theoretical deep dive and a hands-on session. Participants will discover the theory behind RAG and its core components\, including the key role played by vectors and vector stores\, and explore advanced engineering techniques that drive superior performance\, such as query decomposition\, re-ranking\, prompt engineering\, and agents.\nAnmeldeschluss: 2025-10-13\nLink: https://actuarial-academy.com/seminars/seminar?No=E0509
URL:https://avoe.at/event/eaa-web-session-a-practical-guide-to-rag-techniques/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251021T093000
DTEND;TZID=Europe/Vienna:20251021T130000
DTSTAMP:20260416T140739
CREATED:20250417T160239Z
LAST-MODIFIED:20250417T160239Z
UID:10000534-1761039000-1761051600@avoe.at
SUMMARY:EAA Web Session 'Climate Change Scenarios: Application\, Evolution\, and Reporting'
DESCRIPTION:Climate Risk scenarios are commonly used in the insurance industry for stress testing\, but interpreting and communicating results is often challenging\, given strong limitations and complex assumptions. This session will provide practical guidance on stress testing application in the ORSA context\, focusing on financial risks\, and provide context and foundations necessary in order to communicate and interpret the results. We will discuss key evolutions in recent years with a particular emphasis on NGFS scenarios and the modelling of physical risks.\nAnmeldeschluss: 2025-10-19\nLink: https://actuarial-academy.com/seminars/seminar?No=E0521
URL:https://avoe.at/event/eaa-web-session-climate-change-scenarios-application-evolution-and-reporting/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251022T090000
DTEND;TZID=Europe/Vienna:20251022T121500
DTSTAMP:20260416T140739
CREATED:20250418T100939Z
LAST-MODIFIED:20250418T100939Z
UID:10000537-1761123600-1761135300@avoe.at
SUMMARY:EAA Web Session 'Intergenerational Fairness and Pensions'
DESCRIPTION:Pension funds link generations simply by the time scale of their transactions. Participants pay pension contributions for decades so that getting benefits after retirement\, hopefully again for decades. During the course of their career new cohorts start their working life\, so there is always active and retired living side-by-side. One group is only paying into the fund and so accruing pension rights\, while the other is getting benefit payments from the fund. While this description sounds simple\, their relationship is far from that. All the important external determinant factors\, being economic or demographic or legal\, will change in such a long period of time. These factors change the financial sustainability or benefit adequacy of the pension fund and so favour one group of the members to the others.\nAnmeldeschluss: 2025-10-20\nLink: https://actuarial-academy.com/seminars/seminar?No=E0513
URL:https://avoe.at/event/eaa-web-session-intergenerational-fairness-and-pensions/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251023T100000
DTEND;TZID=Europe/Vienna:20251023T120000
DTSTAMP:20260416T140739
CREATED:20250418T100729Z
LAST-MODIFIED:20250418T100729Z
UID:10000536-1761213600-1761220800@avoe.at
SUMMARY:EAA Web Session 'Modern Capital Market Concepts for Life and Pension Products'
DESCRIPTION:Due to the recent shifts in capital markets and a stricter regulatory environment\, insurers need to rethink their product offerings to stay ahead of the competition and offer life and savings solutions well suited to the various requirements of policyholders. This includes the need for capital guarantees in combination with strong performance engines and the focus on new and alternative asset classes as underlying for insurance policies.\nAnmeldeschluss: 2025-10-21\nLink: https://actuarial-academy.com/seminars/seminar?No=E0506
URL:https://avoe.at/event/eaa-web-session-modern-capital-market-concepts-for-life-and-pension-products/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251023T100000
DTEND;TZID=Europe/Vienna:20251023T120000
DTSTAMP:20260416T140739
CREATED:20251023T103932Z
LAST-MODIFIED:20251023T103932Z
UID:10000566-1761213600-1761220800@avoe.at
SUMMARY:Worldwide Mortality: From Historical Trends to Future Projections
DESCRIPTION:Life expectancy is a key metric for understanding mortality trends and it varies widely\ndepending on factors such as age\, gender and geography. During this websession\, we will delve\ninto the latest research and data on mortality trends and explore how they have changed over\ntime.\nSince the middle of the 20th century\, world-wide mortality has steadily improved\, but not at the\nsame rate in all regions\, so that clear differences can be recognised between countries. In some\nOECD – countries\, there has even been a recent decline in mortality improvement\, and the\nCOVID-19 pandemic has at least temporarily reinforced this trend.\nWe analyse different age groups\, their causes of death and how they coincide with mortality\ndevelopments. In addition to that\, we will discuss the drivers behind changes in mortality\, such\nas advances in medicine and public health\, changes in lifestyle and socioeconomic factors.\nUnderstanding the various drivers of mortality is essential for predicting future trends and\nconsequently for the assessment of the biometric risk in life- and pension insurance.\nOur online training will also explore the implications of changing life expectancies for our work\nas actuaries. We will discuss how we can use data and analysis to better understand these\nchanges and make informed decisions about the future. In this context\, we also outline the\nstrengths and limitations of the Lee-Carter model as a widely used model for predicting future\nmortality rates.\nLast but not least\, we discuss general uncertainties around future mortality\, where we focus\nespecially on the demographic and geographical factors analysed in the first part of the lecture.
URL:https://avoe.at/event/worldwide-mortality-from-historical-trends-to-future-projections/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251027T100000
DTEND;TZID=Europe/Vienna:20251027T120000
DTSTAMP:20260416T140739
CREATED:20250417T161003Z
LAST-MODIFIED:20250417T161003Z
UID:10000535-1761559200-1761566400@avoe.at
SUMMARY:EAA Web Session 'Risk Aggregation and Capital Allocation: From Calibration to Application and Beyond'
DESCRIPTION:This web session focuses on the aggregation of individual risks to the overall level of an insurance company. To achieve this\, we apply both deterministic and stochastic copula-based approaches\, along with key risk measures such as Value-at-Risk (VaR) and Expected Shortfall (ES). The outcome of this process is the capital requirement\, which must be covered by the company’s own funds—a limited and costly resource that necessitates careful management. \nAgainst this backdrop\, we explore risk steering methods that support economically sound decision-making\, addressing key questions such as: \nHow can we impose effective risk limits for business segments?\nHow can we identify value-enhancing and value-reducing business segments in the context of the firm’s overall risk profile?\nHow can we make informed decisions on risk mitigation tools?\nHow can we incorporate the cost of capital into insurance pricing?\nA fundamental concept underlying all these questions is capital allocation\, and specifically the gradient (Euler) capital allocation principle. The principle is directly linked to “marginal capital requirements” and is compatible with the performance measures mentioned above. \nHowever\, the proper implementation of capital allocation in risk management\, risk limiting\, and decision making often imposes significant challenges. On the computational side\, the gradient allocation principle requires determining the derivative of the risk measure—typically Value-at-Risk or Expected Shortfall—with respect to business volumes or other decision variables. Obtaining these derivatives is numerically challenging\, especially when risk measurement relies on Monte Carlo simulations. We demonstrate methods to enhance the stability of these estimations\, such as kernel estimation. In addition\, the allocation has the limitation of accounting only for the risk diversification effects of the current portfolio\, which can easily become invalid if the portfolio changes… more details on the website\nAnmeldeschluss: 2025-10-24\nLink: https://actuarial-academy.com/seminars/seminar?No=E0512
URL:https://avoe.at/event/eaa-web-session-risk-aggregation-and-capital-allocation-from-calibration-to-application-and-beyond/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20251030T140000
DTEND;TZID=Europe/Vienna:20251030T161500
DTSTAMP:20260416T140739
CREATED:20250709T090321Z
LAST-MODIFIED:20250709T090321Z
UID:10000555-1761832800-1761840900@avoe.at
SUMMARY:EAA Web Session 'Machine Learning Finance for Pension Funds with Examples'
DESCRIPTION:In general\, machine learning (ML) is the study of algorithms that improve through experience. These algorithms or models can make systematic\, repeatable\, validated decisions based on historical data. ML has come a long way in recent years\, which is reflected in the methods available for time series forecasting (they are also important for assessing parameters for different kinds of liability provisions). \nTherefore\, this type of analysis can help actuaries and members of pension fund boards of trustees to accurately assess different kinds of pension fund parameters for assets and liabilities and to prepare any kind of forecasts. Visualizing the evolution of pension fund parameters and forecasting them will help the board of trustees explain how to adjust them in the actuarial provision or what to expect in their future evolution. \nFor this workshop\, several examples for analyzing and providing such assumptions will be prepared and explained. Many useful visualization techniques will be presented with practical examples (via Python).\nAnmeldeschluss: 2025-10-28\nLink: https://actuarial-academy.com/seminars/seminar?No=E0530
URL:https://avoe.at/event/eaa-web-session-machine-learning-finance-for-pension-funds-with-examples/
LOCATION:Online/Streaming
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
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