Actuarial reserving is one of the core activities of many actuaries, and crucial to any well-functioning insurance company. Typically, macro-level models are used for this task, which are triangle-based models that provide estimate of the expected value and/or the variance of the open reserve on a portfolio level. Hence, a proper understanding of these models is vital. Over time, the understanding of all the assumptions behind the typically used reserving models can have grown a bit stale, and more recent developments might not have percolated all the way to the day-to-day practice. This web session will help the participants to overcome this.

Are you interested? If yes, we invite you to benefit from the early bird tariff and to join the EAA Web Session: "Macro-Level Actuarial Reserving" on 28/29 October 2021 | 9:00-17:00 CET (day 1) and 9:00-12:30 CET (day 2). Your early-bird registration fee is € 450.00 plus 19% VAT for registrations by 16 September 2021. After this date, the fee will be € 585.00 plus 19% VAT.

The following topics will be addressed:

• Introduction on reserving and triangle-based methods
• Chain Ladder, Bornhuetter-Ferguson
• Practical Session in R
• Cape Cod and Cumulative Averages model, and Mack's Method
• Mack's Method and ODP model with their bootstrap equivalent
• Practical Session in R and Q&A session

Please find all additional information in this print version and on our website. An overview on other upcoming events can be downloaded as well.