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BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220407T090000
DTEND;TZID=Europe/Vienna:20220407T170000
DTSTAMP:20260519T153610
CREATED:20211217T150000Z
LAST-MODIFIED:20211217T150000Z
UID:10000044-1649322000-1649350800@avoe.at
SUMMARY:EAA Web Session: Mathematical Modelling for Actuaries
DESCRIPTION: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 which typically are not covered in full by actuarial exams\, but which could bring better insights to risks actuaries have to price. We will show very general approaches to set up models with applications from many different areas\, whether it is medicine\, construction\, meteorology\, biology or others. Of course\, this web session can only be seen as an introduction into modelling and cannot cover all interesting models\, but it should enable participants to find more in literature or develop their own ideas. \n\nRegistration deadline: 4 April 2022
URL:https://avoe.at/event/eaa-web-session-mathematical-modelling-for-actuaries-2/2022-04-07/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220406T090000
DTEND;TZID=Europe/Vienna:20220406T170000
DTSTAMP:20260519T153610
CREATED:20211217T150000Z
LAST-MODIFIED:20211217T150000Z
UID:10000043-1649235600-1649264400@avoe.at
SUMMARY:EAA Web Session: Mathematical Modelling for Actuaries
DESCRIPTION: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 which typically are not covered in full by actuarial exams\, but which could bring better insights to risks actuaries have to price. We will show very general approaches to set up models with applications from many different areas\, whether it is medicine\, construction\, meteorology\, biology or others. Of course\, this web session can only be seen as an introduction into modelling and cannot cover all interesting models\, but it should enable participants to find more in literature or develop their own ideas. \n\nRegistration deadline: 4 April 2022
URL:https://avoe.at/event/eaa-web-session-mathematical-modelling-for-actuaries-2/2022-04-06/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220405T090000
DTEND;TZID=Europe/Vienna:20220405T121500
DTSTAMP:20260519T153610
CREATED:20211102T102455Z
LAST-MODIFIED:20211102T102509Z
UID:10000240-1649149200-1649160900@avoe.at
SUMMARY:EAA Web Session: Reinsurance under IFRS17 for Life & Health
DESCRIPTION: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 long-term contracts in the fields of Life\, Disability and Health insurance. Using examples we will give participants a hands-on experience of how IFRS 17 changes the presentation of reinsurance in the financial statements. \nRegistration deadline: 1 April 2022
URL:https://avoe.at/event/eaa-web-session-reinsurance-under-ifrs17-for-life-health/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220331T093000
DTEND;TZID=Europe/Vienna:20220331T130000
DTSTAMP:20260519T153610
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000232-1648719000-1648731600@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
DESCRIPTION: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.\n\nThe course is designed to give you a solid foundation on the topic of communication and to practice what you learn so you can use the gained knowledge in areas that are relevant for your work. The last day offers you the opportunity to make a short presentation specific to your work for which you will be given individual feedback. At the end of the course\, you will know exactly how to tackle your next communication challenge.\n\nThe overall 12-hour course covers specific topics like:\n\nCommunication patterns/models\, types of behavior/learning\nVerbal\, non-verbal and written communication skills\nVirtual communication\nPresentation (as if „on stage“ and „on screen“) skills\nDiscussion & Negotiation\n\nDuring the web session\, the participants will learn to:\n\nCommunicate effectively a clear message to any stakeholder\nMake sure that the message is being understood (Make the „complicated“ „easy-to–understand“ to non-actuaries)\nStructure their thoughts and findings in an effective way\nRecognize which patterns/words can have the best impact for which target group\nPractice in writing\, in role plays and in presenting\nParticipate/lead discussions and negotiations effectively\nUse their voice in a healthy and stable way\nIncrease the chance of achieving their objectives with their work\nCome across as credible\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-31/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220330T093000
DTEND;TZID=Europe/Vienna:20220330T130000
DTSTAMP:20260519T153610
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000231-1648632600-1648645200@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
DESCRIPTION: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.\n\nThe course is designed to give you a solid foundation on the topic of communication and to practice what you learn so you can use the gained knowledge in areas that are relevant for your work. The last day offers you the opportunity to make a short presentation specific to your work for which you will be given individual feedback. At the end of the course\, you will know exactly how to tackle your next communication challenge.\n\nThe overall 12-hour course covers specific topics like:\n\nCommunication patterns/models\, types of behavior/learning\nVerbal\, non-verbal and written communication skills\nVirtual communication\nPresentation (as if „on stage“ and „on screen“) skills\nDiscussion & Negotiation\n\nDuring the web session\, the participants will learn to:\n\nCommunicate effectively a clear message to any stakeholder\nMake sure that the message is being understood (Make the „complicated“ „easy-to–understand“ to non-actuaries)\nStructure their thoughts and findings in an effective way\nRecognize which patterns/words can have the best impact for which target group\nPractice in writing\, in role plays and in presenting\nParticipate/lead discussions and negotiations effectively\nUse their voice in a healthy and stable way\nIncrease the chance of achieving their objectives with their work\nCome across as credible\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-30/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220329T093000
DTEND;TZID=Europe/Vienna:20220329T130000
DTSTAMP:20260519T153610
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000230-1648546200-1648558800@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
DESCRIPTION: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.\n\nThe course is designed to give you a solid foundation on the topic of communication and to practice what you learn so you can use the gained knowledge in areas that are relevant for your work. The last day offers you the opportunity to make a short presentation specific to your work for which you will be given individual feedback. At the end of the course\, you will know exactly how to tackle your next communication challenge.\n\nThe overall 12-hour course covers specific topics like:\n\nCommunication patterns/models\, types of behavior/learning\nVerbal\, non-verbal and written communication skills\nVirtual communication\nPresentation (as if „on stage“ and „on screen“) skills\nDiscussion & Negotiation\n\nDuring the web session\, the participants will learn to:\n\nCommunicate effectively a clear message to any stakeholder\nMake sure that the message is being understood (Make the „complicated“ „easy-to–understand“ to non-actuaries)\nStructure their thoughts and findings in an effective way\nRecognize which patterns/words can have the best impact for which target group\nPractice in writing\, in role plays and in presenting\nParticipate/lead discussions and negotiations effectively\nUse their voice in a healthy and stable way\nIncrease the chance of achieving their objectives with their work\nCome across as credible\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-29/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220328T093000
DTEND;TZID=Europe/Vienna:20220328T130000
DTSTAMP:20260519T153610
CREATED:20210925T094014Z
LAST-MODIFIED:20210925T112326Z
UID:10000229-1648459800-1648472400@avoe.at
SUMMARY:EAA Web Session: Communication for Actuaries Veranstalter
DESCRIPTION: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.\n\nThe course is designed to give you a solid foundation on the topic of communication and to practice what you learn so you can use the gained knowledge in areas that are relevant for your work. The last day offers you the opportunity to make a short presentation specific to your work for which you will be given individual feedback. At the end of the course\, you will know exactly how to tackle your next communication challenge.\n\nThe overall 12-hour course covers specific topics like:\n\nCommunication patterns/models\, types of behavior/learning\nVerbal\, non-verbal and written communication skills\nVirtual communication\nPresentation (as if „on stage“ and „on screen“) skills\nDiscussion & Negotiation\n\nDuring the web session\, the participants will learn to:\n\nCommunicate effectively a clear message to any stakeholder\nMake sure that the message is being understood (Make the „complicated“ „easy-to–understand“ to non-actuaries)\nStructure their thoughts and findings in an effective way\nRecognize which patterns/words can have the best impact for which target group\nPractice in writing\, in role plays and in presenting\nParticipate/lead discussions and negotiations effectively\nUse their voice in a healthy and stable way\nIncrease the chance of achieving their objectives with their work\nCome across as credible\, knowledgeable and constructive business partners\n\nThe communication topics 9.1.1. to 9.1.8. of the AAE Core Syllabus are sufficiently to fully covered within this course.\n\nRegistration deadline: 28 March 2022
URL:https://avoe.at/event/communication-for-actuaries/2022-03-28/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220323T090000
DTEND;TZID=Europe/Vienna:20220323T173000
DTSTAMP:20260519T153610
CREATED:20211005T181815Z
LAST-MODIFIED:20211005T181815Z
UID:10000236-1648026000-1648056600@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.\n\nKey aspects are economic valuation and performance\, economic steering\, key performance indicators\, and value based management.\nA 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. Participants are encouraged to bring their own topics to discussion.\n\nRegistration deadline: 21 March 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-d-erm-economic-capital/2022-03-23/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220321T090000
DTEND;TZID=Europe/Vienna:20220321T170000
DTSTAMP:20260519T153610
CREATED:20211027T150926Z
LAST-MODIFIED:20211027T150946Z
UID:10000239-1647853200-1647882000@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. \nRegistration deadline: 17 March 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-c-processes-in-erm/2022-03-21/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220315T080000
DTEND;TZID=Europe/Vienna:20220315T170000
DTSTAMP:20260519T153610
CREATED:20211217T151819Z
LAST-MODIFIED:20211217T151819Z
UID:10000062-1647331200-1647363600@avoe.at
SUMMARY:EAA Web Session: An Introduction to Economic Scenario Generators and their Validation
DESCRIPTION:The Economic Scenario Generators are at the core of stochastic models used by insurance companies. The applications of stochastic models are very diverse and include such applications as economic capital under Solvency II\, ALM projections\, dynamic hedging etc. All these applications impose different requirements upon the generation and the validation of economic scenarios.\n\nIn the web session\, we begin by discussing the principles of risk-neutral modelling\, where we are going to focus on equity modelling and interest rate modelling. We proceed by discussing real-world capital market modelling. Finally\, we talk about ESG validation aspects relevant for Solvency 2 work and other applications.\n\nThis course has been developed for professionals who are interested in Economic Scenario Generators because they deal with one or more applications of those and who are familiar with the basic concepts of financial maths. In-depth knowledge of capital market models is clearly NOT a pre-requisite\, as the content does not aim at ESG experts. \nRegistration deadline: 10 March 2022
URL:https://avoe.at/event/eaa-web-session-an-introduction-to-economic-scenario-generators-and-their-validation-2/2022-03-15/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220314T080000
DTEND;TZID=Europe/Vienna:20220314T170000
DTSTAMP:20260519T153610
CREATED:20211217T151819Z
LAST-MODIFIED:20211217T151819Z
UID:10000061-1647244800-1647277200@avoe.at
SUMMARY:EAA Web Session: An Introduction to Economic Scenario Generators and their Validation
DESCRIPTION:The Economic Scenario Generators are at the core of stochastic models used by insurance companies. The applications of stochastic models are very diverse and include such applications as economic capital under Solvency II\, ALM projections\, dynamic hedging etc. All these applications impose different requirements upon the generation and the validation of economic scenarios.\n\nIn the web session\, we begin by discussing the principles of risk-neutral modelling\, where we are going to focus on equity modelling and interest rate modelling. We proceed by discussing real-world capital market modelling. Finally\, we talk about ESG validation aspects relevant for Solvency 2 work and other applications.\n\nThis course has been developed for professionals who are interested in Economic Scenario Generators because they deal with one or more applications of those and who are familiar with the basic concepts of financial maths. In-depth knowledge of capital market models is clearly NOT a pre-requisite\, as the content does not aim at ESG experts. \nRegistration deadline: 10 March 2022
URL:https://avoe.at/event/eaa-web-session-an-introduction-to-economic-scenario-generators-and-their-validation-2/2022-03-14/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220310T090000
DTEND;TZID=Europe/Vienna:20220310T163000
DTSTAMP:20260519T153610
CREATED:20211110T123154Z
LAST-MODIFIED:20211110T123206Z
UID:10000243-1646902800-1646929800@avoe.at
SUMMARY:EAA Web Session: ML Explainability in Actuarial Data Science: A Primer
DESCRIPTION:Explainability is the cornerstone of practicability of ML and AI techniques – without thorough insights into the inner workings of the more advanced decision making and prediction methods\, usage become hampered by the worst kind of information asymmetry: Unpredictable model outputs not fit for productive use. Ultimately\, AI and ML methods will be well-suited for use in actuarial contexts\, but to this end\, more and better tools to understand these tools need to be procured and utilized. \nRegistration deadline: 8 March 2022
URL:https://avoe.at/event/eaa-web-session-ml-explainability-in-actuarial-data-science-a-primer/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220304T100000
DTEND;TZID=Europe/Vienna:20220304T120000
DTSTAMP:20260519T153610
CREATED:20210925T100449Z
LAST-MODIFIED:20210925T100449Z
UID:10000234-1646388000-1646395200@avoe.at
SUMMARY:EAA Web Session: Operational Risk for Actuaries
DESCRIPTION:Operational risk is the risk of loss\, arising from inadequate or failed internal processes\, people and systems or from external events. That is the definition of operational risk for regulatory purposes. Operational risk management is usually part of ERM and actuaries are typically not involved in these processes. That is often because of poor data related to rare events and some lack of methodologies. The goal of this web session is to provide actuaries with tools and ideas how to better involve in operational risk management and how to use existing actuarial toolboxes to improve valuation of operational risk. \n\nRegistration deadline: 1 March 2022
URL:https://avoe.at/event/eaa-web-session-operational-risk-for-actuaries-2/2022-03-04/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220303T100000
DTEND;TZID=Europe/Vienna:20220303T120000
DTSTAMP:20260519T153610
CREATED:20210925T100449Z
LAST-MODIFIED:20210925T100449Z
UID:10000233-1646301600-1646308800@avoe.at
SUMMARY:EAA Web Session: Operational Risk for Actuaries
DESCRIPTION:Operational risk is the risk of loss\, arising from inadequate or failed internal processes\, people and systems or from external events. That is the definition of operational risk for regulatory purposes. Operational risk management is usually part of ERM and actuaries are typically not involved in these processes. That is often because of poor data related to rare events and some lack of methodologies. The goal of this web session is to provide actuaries with tools and ideas how to better involve in operational risk management and how to use existing actuarial toolboxes to improve valuation of operational risk. \n\nRegistration deadline: 1 March 2022
URL:https://avoe.at/event/eaa-web-session-operational-risk-for-actuaries-2/2022-03-03/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220223T090000
DTEND;TZID=Europe/Vienna:20220223T170000
DTSTAMP:20260519T153610
CREATED:20210912T091905Z
LAST-MODIFIED:20210912T220433Z
UID:10000228-1645606800-1645635600@avoe.at
SUMMARY:EAA Web Session: CERA\, Module A: Quantitative Methods of ERM
DESCRIPTION:The 3-day web session assists actuaries in broadening their knowledge about modern quantitative financial and actuarial modelling; these topics form an essential part of the CERA syllabus. At the beginning of the online training we give a brief overview of the EAA-route to the CERA designation. The core part of the web session begins with an introduction to the modern theory of risk measures. Next\, a number of statistical techniques are discussed\, that are highly relevant for the analysis of actuarial and financial data and for the model-building process in risk management. Among others\, we will consider extreme value theory\, dependence modelling\, copulas\, and various aspects of integrated risk management. The training continues with an introduction to the modelling and the management of interest rate and credit risk. In particular\, participants will learn how to price simple interest options or Credit Default Swaps\, how to compute risk\nmeasures for a bond portfolio\, and how to account for counterparty risk.\n\nThe web session consists of lectures and exercise sessions. In fact\, exercise sessions\, where various exercises and supplementary examples are discussed\, form an integral part of the seminar: they help the participants to understand the qualitative and quantitative techniques introduced in the lectures\, and they are a key element in the preparation for the CERA exam.\n\nRegistration deadline: 17 February 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-a-quantitative-methods-of-erm-2/2022-02-23/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220221T090000
DTEND;TZID=Europe/Vienna:20220221T170000
DTSTAMP:20260519T153610
CREATED:20210912T091905Z
LAST-MODIFIED:20210912T220433Z
UID:10000227-1645434000-1645462800@avoe.at
SUMMARY:EAA Web Session: CERA\, Module A: Quantitative Methods of ERM
DESCRIPTION:The 3-day web session assists actuaries in broadening their knowledge about modern quantitative financial and actuarial modelling; these topics form an essential part of the CERA syllabus. At the beginning of the online training we give a brief overview of the EAA-route to the CERA designation. The core part of the web session begins with an introduction to the modern theory of risk measures. Next\, a number of statistical techniques are discussed\, that are highly relevant for the analysis of actuarial and financial data and for the model-building process in risk management. Among others\, we will consider extreme value theory\, dependence modelling\, copulas\, and various aspects of integrated risk management. The training continues with an introduction to the modelling and the management of interest rate and credit risk. In particular\, participants will learn how to price simple interest options or Credit Default Swaps\, how to compute risk\nmeasures for a bond portfolio\, and how to account for counterparty risk.\n\nThe web session consists of lectures and exercise sessions. In fact\, exercise sessions\, where various exercises and supplementary examples are discussed\, form an integral part of the seminar: they help the participants to understand the qualitative and quantitative techniques introduced in the lectures\, and they are a key element in the preparation for the CERA exam.\n\nRegistration deadline: 17 February 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-a-quantitative-methods-of-erm-2/2022-02-21/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220215T100000
DTEND;TZID=Europe/Vienna:20220215T120000
DTSTAMP:20260519T153610
CREATED:20211109T114048Z
LAST-MODIFIED:20211109T114048Z
UID:10000242-1644919200-1644926400@avoe.at
SUMMARY:EAA Web Session: Setting Up Discount Rates Under IFRS17: Getting the Job Done
DESCRIPTION:The IFRS 17 regulatory framework requires insurers to define the discount curve with respect to the liquidity characteristics of their liabilities. During this web session\, we will review the regulatory requirements and the two main approaches recommended. We will then detail the steps involved in the construction of the IFRS 17 discount curve and highlight the various possible choices. \nThis web session will first provide a presentation of the challenges related to the definition of the risk-free rate curve. This will be followed by a presentation of the approaches to assess the illiquidity of liabilities based on the link between the illiquidity of assets and liabilities. The presentation will then provide an overview of methodologies to quantify the illiquidity premium of an asset portfolio. \nOur research and development work on this topic\, coupled with our benchmark vision of market practices\, will allow us to present a wide range of available approaches and to describe their advantages and disadvantages from an operational insurance implementation perspective. \nRegistration deadline: 11 February 2022
URL:https://avoe.at/event/eaa-web-session-setting-up-discount-rates-under-ifrs17-getting-the-job-done/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20220118T100000
DTEND;TZID=Europe/Vienna:20220118T120000
DTSTAMP:20260519T153610
CREATED:20211105T062200Z
LAST-MODIFIED:20211105T062200Z
UID:10000241-1642500000-1642507200@avoe.at
SUMMARY:EAA Web Session: IFRS 17 – Derivation of the Adjustment & its Confidence Level
DESCRIPTION:Under IFRS 17\, the Risk Adjustment is intended to measure the compensation that the entity requires for bearing the uncertainty associated with the amount and timing of the cash flows that arises from non-financial risk. The IFRS 17 Risk Adjustment creates challenges for both life and P&C (re)insurers such as how to estimate it and how to determine the confidence level needed for disclosure purposes. \nThis web session will first provide a presentation of the challenges related to the derivation of the Risk Adjustment and the fulfilment of the key IFRS 17 requirements related to its calculation.  This will be followed by a discussion about the need for a proper confidence level disclosure methodology. The presentation will then provide an overview of methodological solutions and will include applications for both life and P&C companies. \nRegistration deadline: 16 January 2022
URL:https://avoe.at/event/eaa-web-session-ifrs-17-derivation-of-the-adjustment-its-confidence-level/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211217T090000
DTEND;TZID=Europe/Vienna:20211217T120000
DTSTAMP:20260519T153610
CREATED:20211217T152305Z
LAST-MODIFIED:20211217T152305Z
UID:10000069-1639731600-1639742400@avoe.at
SUMMARY:EAA Web Session: Practical Machine Learning Applications in Finance and Insurance
DESCRIPTION:The objective of this web session is that participants should become familiar with machine learning techniques used to solve practical problems in finance\, banking and insurance. To achieve this we begin from the scratch and introduce machine learning workflows and techniques step by step: To start with\, we give an overview of this interesting field with the primary focus on several techniques such as neural networks\, among others. The key for an efficient application is the way of training machine learning algorithms and thus we focus our attention on this optimization as well. We strengthen our learned knowledge by focusing on several case studies: We consider an example within the Solvency II context such as implementing an internal model to calculate the Solvency Capital Requirement (SCR)\, but also applications to financial market such as option pricing by Monte Carlo methods or trading strategies. During our complete web session we learn how the introduced algorithms can be implemented so that the participants are able to build up their own use cases in Python at the end. \nRegistration deadline: 14 March. 2022
URL:https://avoe.at/event/eaa-web-session-practical-machine-learning-applications-in-finance-and-insurance-2/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211129T170000
DTEND;TZID=Europe/Vienna:20211129T170000
DTSTAMP:20260519T153610
CREATED:20211117T070447Z
LAST-MODIFIED:20211117T070447Z
UID:10000244-1638205200-1638205200@avoe.at
SUMMARY:Meeting AVÖ-Arbeitskreis Data Science
DESCRIPTION:Arbeitskreisleiter: Dr. Jonas Hirz\, Boston Consulting
URL:https://avoe.at/event/meeting-avoe-arbeitskreis-data-science/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Aktuarvereinigung Österreichs (AVÖ)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20211129T130000
DTEND;TZID=Europe/Paris:20211129T173000
DTSTAMP:20260519T153610
CREATED:20210727T113811Z
LAST-MODIFIED:20210902T125053Z
UID:10000026-1638190800-1638207000@avoe.at
SUMMARY:ÖFdV Online-Vortrag: Solvency-II-Review – Ein Überblick über die Maßnahmen
DESCRIPTION:Die Einführung von Solvency II im Januar 2016 führte zu einem risikobasierteren Eigenmittelregime für die europäischen Versicherungsunternehmen. Gemäß den gesetzlichen Vorgaben hat die Europäische Kommission diese Vorschriften zu validieren und gegebenenfalls Anpassungen vorzuschlagen. Auf Ersuchen der Kommission hat die europäische Versicherungsaufsicht (EIOPA) einzelne Themengebiete analysiert und Ende 2020 Änderungsvorschläge mit Ergänzungen 2021 übermittelt. Die Kommission ist nun aufgefordert\, diese zu prüfen und Vorschläge zur Anpassung des Solvency-II-Rahmenwerks zu erarbeiten. Diese sind dann an das Europaparlament und an den Europäischen Rat zu berichten. Nach dem Zeitplan der Kommission soll dies Anfang 4. Quartal erfolgen. \nIn diesem Online-Vortrag erörtern  Siegbert Baldauf (DAV\, CERA Global Association) und Peter Baumann (FMA\, Finanzmarktaufsicht) die Maßnahmen\, die die EU-Kommission im Rahmen des Solvency-II-Reviews konkret zur Umsetzung empfiehlt. \nDetails und Anmeldung
URL:https://avoe.at/event/solvency-ii-review-ein-ueberblick-ueber-die-massnahmen/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Österreichische Förderungsgesellschaft der Versicherungsmathematik (ÖFdV)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211119T083000
DTEND;TZID=Europe/Vienna:20211119T130000
DTSTAMP:20260519T153610
CREATED:20210806T073250Z
LAST-MODIFIED:20210831T101753Z
UID:10000032-1637310600-1637326800@avoe.at
SUMMARY:ÖFdV-Online-Seminar: Bewertung von Sozialkapital – Schwerpunkt Pensionsrückstellungen in Unternehmen (2 Seminare)
DESCRIPTION:Vortragender: DI Sven Jörgen\, Geschäftsführer Valida Consulting GesmbH \nIm ersten Abschnitt des zweiteiligen Online-Seminars stellt Sven Jörgen die Mathematik der Pensionsversicherung dar mit Schwerpunkten Rechnungsgrundlagen und Finanzierungsverfahren. Im zweiten Abschnitt geht er auf die Personalrückstellungen mit Schwerpunkt Pensionsverpflichtungen von Unternehmen in Österreich ein. Besonderes Augenmerk gilt dabei den umfassenden Neuerungen der AFRAC-Stellungnahme 27 zu den Personalrückstellungen nach UGB sowie der AFRAC-Stellungnahme 20 zur Behandlung der „Abfertigung alt“ nach IAS 19. Die Rechnungsgrundlagen für die Pensionsversicherung AVÖ 2018-P\, veröffentlicht im August 2018\, werden aus Anwenderperspektive präsentiert. \nGliederung des Seminars: \n\nElementare Versicherungsmathematik für Leibrenten\nArten und bewertungsrelevante Inhalte von Pensionsplänen – Überblick\nRechnungsgrundlagen für die Pensionsversicherung\nVersicherungsmathematische Finanzierungsverfahren\nVorschriften zur Bewertung von direkten\, rückgedeckten und ausgelagerten Verpflichtungen\n\nDetails und Anmeldung
URL:https://avoe.at/event/bewertung-von-sozialkapital/2021-11-19/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Österreichische Förderungsgesellschaft der Versicherungsmathematik (ÖFdV)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20211118T130000
DTEND;TZID=Europe/Vienna:20211118T173000
DTSTAMP:20260519T153610
CREATED:20210806T073250Z
LAST-MODIFIED:20210831T101753Z
UID:10000031-1637240400-1637256600@avoe.at
SUMMARY:ÖFdV-Online-Seminar: Bewertung von Sozialkapital – Schwerpunkt Pensionsrückstellungen in Unternehmen (2 Seminare)
DESCRIPTION:Vortragender: DI Sven Jörgen\, Geschäftsführer Valida Consulting GesmbH \nIm ersten Abschnitt des zweiteiligen Online-Seminars stellt Sven Jörgen die Mathematik der Pensionsversicherung dar mit Schwerpunkten Rechnungsgrundlagen und Finanzierungsverfahren. Im zweiten Abschnitt geht er auf die Personalrückstellungen mit Schwerpunkt Pensionsverpflichtungen von Unternehmen in Österreich ein. Besonderes Augenmerk gilt dabei den umfassenden Neuerungen der AFRAC-Stellungnahme 27 zu den Personalrückstellungen nach UGB sowie der AFRAC-Stellungnahme 20 zur Behandlung der „Abfertigung alt“ nach IAS 19. Die Rechnungsgrundlagen für die Pensionsversicherung AVÖ 2018-P\, veröffentlicht im August 2018\, werden aus Anwenderperspektive präsentiert. \nGliederung des Seminars: \n\nElementare Versicherungsmathematik für Leibrenten\nArten und bewertungsrelevante Inhalte von Pensionsplänen – Überblick\nRechnungsgrundlagen für die Pensionsversicherung\nVersicherungsmathematische Finanzierungsverfahren\nVorschriften zur Bewertung von direkten\, rückgedeckten und ausgelagerten Verpflichtungen\n\nDetails und Anmeldung
URL:https://avoe.at/event/bewertung-von-sozialkapital/2021-11-18/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:Österreichische Förderungsgesellschaft der Versicherungsmathematik (ÖFdV)
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Vienna:20210322T090000
DTEND;TZID=Europe/Vienna:20210322T170000
DTSTAMP:20260519T153610
CREATED:20211027T150926Z
LAST-MODIFIED:20211027T150946Z
UID:10000238-1616403600-1616432400@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. \nRegistration deadline: 17 March 2022
URL:https://avoe.at/event/eaa-web-session-cera-module-c-processes-in-erm/2021-03-22/
LOCATION:Online-Veranstaltung (MS Teams)
CATEGORIES:European Actuarial Academy (EAA)
END:VEVENT
END:VCALENDAR