Dear Sir or Madam,
Please note, that the early-bird registration deadline for the
EAA seminar "Modelling and
Validating Mortality under Solvency II" on 28/29 May 2015 in
Stockholm, Sweden is coming up.
This seminar, held in in co-operation with the Svenska
Aktuarieföreningen, covers the most recent insights in mortality
modelling, such as single and multi-population mortality models and
portfolio-specific mortality, and their use within Solvency II.
One of the many topics during this course is the application of
multi-population mortality models. These kind of models gained
recent attention as they were used by both the Dutch Actuarial
Society (September 2014) and the Belgian Actuarial Society
(February 2015) for their latest publication of mortality rate
projections. Various insurance and pension funds in these countries
apply these mortality projections for their liability calculations.
In such a model mortality rates of the country of interest are
modelled as a deviation from a common (Western) European trend.
Such models take a different approach compared to single-population
models, where only historic data of the country of interest is used
to predict future mortality rates.
During the training, multi-population mortality models, their
implementation and application (e.g. best estimate provisions, life
expectancies, model uncertainty and possible use within Solvency
II) will be one of the topics to be discussed. In Belgium and the
Netherlands this was also the first time in history a stochastic
mortality model has been published next to a deterministic best
estimate projection of future mortality.
Please make sure to safe your place at the early-bird rate of €
790.00 plus 25% VAT which is valid until 6 April 2015 only. After
this date the fee will be € 970.00 plus 25% VAT. You may find all
additional information attached and on our website incl. a
registration form.
An overview on upcoming events is enclosed as well.