Dear Sir or Madam,
This is a friendly reminder for our early-bird registration
deadline for the EAA seminar "Non-Life Pricing: Introduction to
Practical Implementation of Modern Techniques in R" in Paris on
26/27 November 2015.
The registration fee of
€ 790.00 plus 20 % VAT is only valid until 28 September
2015. After the mentioned date the fee will be € 970.00 plus
20 % VAT.
The seminar is putting non-life insurance into its focus as it is
facing a lot of challenges ranging from fierce competition on the
market or evolution in the distribution channel used by the
consumers to evolution of the regulatory environment (Solvency II,
IFRS…).
Pricing is the central link between solvency, profitability and
market shares (volume). Improving pricing practice encompasses
several dimensions:
- Technical: is our pricing adequate to cover the underlying cost
of risk of my policyholders and the other costs we are facing?
Which are the key variables driving the risk? Are they adequately
taken into account in our pricing?
- Competition: at what price will we attract the segments that we
target and price out those that we don't want? Is the positioning
of our competitors influencing our pricing practice?
- Elasticity: what (new) price are our existing customers
prepared to accept?
- Segmentation: is our segmentation granular enough for our
purposes?
The seminar will alternate between methodological concepts,
practical examples and case studies in order to ensure a
comprehensive understanding of the techniques. Participants will
have the opportunity to apply in the R software concepts they will
have learned in the theoretical sessions, using fictitious data.
They will adjust GLM models, understand how results should be
interpreted, perform statistical (significance) tests, etc.
Examples will be provided for standard lines of business (e.g. MTPL
and Fire).
Do you want to participate? There are only a couple of days left
to benefit from this attractive discount. So register now! Please
find all additional information enclosed and on our
website incl. a registration form. An overview on upcoming
events is attached as well.
Please contact us in case of further questions.
Kind regards
Desirée Usejnovski
Event Coordinator/Executive Assistant
EAA - European Actuarial Academy GmbH
Hohenstaufenring 47 - 51
50674 Cologne
GERMANY
Phone +49 221 912554-342
Fax +49 221 912554-9342
www.actuarial-academy.com
