The purpose of this web session is twofold: First, you will gain an in-depth understanding of the algorithm including its underlying theoretical motivation and its statistical properties. Second, you will receive a comprehensive executable R programme that implements the algorithm. During the web session we will discuss and apply the code hands-on by […]
The session aims to provide participants with a comprehensive introduction regarding the risk adjustment concept under IFRS 17. We will shed light on the general concepts behind risk adjustment and its application within IFRS 17 and illustrate the importance of risk adjustment in measuring, presenting, and disclosing insurance contracts. The online training will also provide […]
Kurzbeschreibung: In modern economy, cyber risk has become a major challenge across many industries. As every prevention measure is limited, there is an increasing need for cyber insurance. In the last years, there was a strong evolution of cyber insurance. In this session, the impact of cyber risk on various steps of the value […]
Through engaging lectures, interactive exercises, and real-world examples, participants will learn the fundamentals of storytelling: transforming data into stories, adapting to the audience and developing their own storytelling. By the end of this course, participants will emerge with a newfound appreciation for the narrative dimension of their work, equipped with practical tools to convey insights, […]
The calculation of life insurance products is traditionally based on the approach of commutation values, whose table properties enable extensive actuarial calculations even without large computer capacities. However, especially for modern and more flexible life insurance tariffs, the calculation by means of commutation values reaches its limits, so that the calculation approach based on Markov […]
The purpose of the online training is to open the mind for problems which are by nature not actuarial but are very much linked to typical actuarial questions. It should enable actuaries and risk managers to think out of the box and find new ways to solve their challenges. This web session is very […]
The 1.5 day web session serves a double purpose. On the one hand, it is a bridging course designed to prepare actuaries with a more qualitative background for the quantitative parts of the CERA education. On the other hand, it is an independent refresher course for actuaries wanting to brush up their quantitative skills in […]
Advances in data analytics techniques, along with greater availability of data, have significantly impacted many industries. However, in insurance, these advances merely add to the technical foundations upon which the industry was built. It is only recently that modern data analytics techniques have begun to impact insurance companies, especially in the work actuaries do. The […]
Over the last five years many countries have seen substantial swings in inflation. This volatility, following an extended period of relative stability, has reminded actuaries that unexpected changes in inflation rates can have big implications for organisations that they work for. Insurers and pension funds wanting to manage inflation risks will typically find it beneficial […]
This session aims at explaining the evolution of the interest rate capital requirement under the current formula versus the new formula following the SII review, how the deficiencies have been addressed and the remaining issues in an inflationary environment. The purpose is to explain how the current SCR interest has been calibrated based on Principal […]
This web session provides an overview of three conceptually different approaches for stochastic life insurance projection models currently observable in the market. It compares their key ideas, explains their strengths & challenges, and introduces the underlying mathematical / actuarial methodologies. Concerning the application of the comparably little-known Liability-2-Step approach, the session will present the operational […]
The aim of this web session is to provide the audience an overview of ESG and sustainability developments first, and then to explore in more detail developments for investment both from a corporate and retail point of view. Anmeldeschluss: 2024-12-12 Link: https://actuarial-academy.com/seminars/seminar?No=E0457
