The Communication for Actuaries course is tailor-made for actuaries and the situations that you encounter. It is an interactive training course that ensures that the theory is immediately applied through various exercises (e.g. exchanges in small groups, role-plays, discussions) that relate to terms or situations of your day-to-day work. The course is designed to give […]
The Communication for Actuaries course is tailor-made for actuaries and the situations that you encounter. It is an interactive training course that ensures that the theory is immediately applied through various exercises (e.g. exchanges in small groups, role-plays, discussions) that relate to terms or situations of your day-to-day work. The course is designed to give […]
Machine Learning (ML) allows computers to process data, analyse it in real time and learn and make decisions based on data. Diverse applications from self-driving cars to chess computers have successfully relied on ML. While the insurance industry is not necessarily known for being particularly innovative, insurance companies are increasingly embracing approaches commonly used in […]
2022 is the first year of full application of the new IFRS17 standard. Insurers are now fully engaged in implementation. The focus of the preparations has been on Insurance Contracts Issued whilst the treatment of Reinsurance Held has not received much attention. In this web session we provide insights into the treatment of reinsurance of […]
Actuaries are very experienced in modelling financial risks either stemming from population dynamics or from random events. Probability theory and statistics is their daily bread. But there are many other phenomena out in the world without having a direct financial impact but should be understood by actuaries as well. This web session is about models […]
Actuaries are very experienced in modelling financial risks either stemming from population dynamics or from random events. Probability theory and statistics is their daily bread. But there are many other phenomena out in the world without having a direct financial impact but should be understood by actuaries as well. This web session is about models […]
Due to the inversion of the production cycle, the insurance business is very different from other traditional industries. Understanding, measuring and managing the performance of insurance companies is difficult due to the specific risks insurance companies must cover. It is therefore essential that you, as employee of the insurance sector, understand how your company is […]
Due to the inversion of the production cycle, the insurance business is very different from other traditional industries. Understanding, measuring and managing the performance of insurance companies is difficult due to the specific risks insurance companies must cover. It is therefore essential that you, as employee of the insurance sector, understand how your company is […]
Due to the inversion of the production cycle, the insurance business is very different from other traditional industries. Understanding, measuring and managing the performance of insurance companies is difficult due to the specific risks insurance companies must cover. It is therefore essential that you, as employee of the insurance sector, understand how your company is […]
Due to the inversion of the production cycle, the insurance business is very different from other traditional industries. Understanding, measuring and managing the performance of insurance companies is difficult due to the specific risks insurance companies must cover. It is therefore essential that you, as employee of the insurance sector, understand how your company is […]
The course shows how different algorithms can be used to obtain a segmentation of insurance data. The methods covered range from centroid-based (k-means, k-prototypes) to probabilistic (Gaussian Mixture Models) and density-based (DBSCAN) approaches. We demonstrate how the clustering results can be visualized and evaluated. Moreover, it will be shown how the clustering results can be […]
The needed identification of cash flows not related to services introduces new considerations in the accounting process. Those will be discussed and approaches to achieve an adequate reflection in presentation. That does not only apply to contracts with savings elements, as in life insurance. As well non-life insurance contracts and reinsurance contracts often contain investment […]
