The EAA is organising a new seminar for participants, who have to deal with applications of Economic Scenario Generators in their everyday professional life: "An Introduction to Economic Scenario Generators and their Validation" on 24/25 November 2014 in Prague, Czech Republic .

The Economic Scenario Generators are at the core of stochastic models used by insurance companies, as they produce forward-looking scenarios for a specified set of risk factors. 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. In this seminar, we will give a practical overview as to how ESG are built and discuss their main applications by considering practical case studies.

Attendees should be familiar with the basic concepts of financial mathematics, in-depth knowledge of capital market models is NOT required.

Register until 24 September 2014 and benefit from our early-bird registration fee, which is € 790.00 plus 21 % VAT. After this date the fee will be € 970.00 plus 21 % VAT.

Please find additional information attached and a registration form on our website. An overview on upcoming events is enclosed as well.