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EAA Web Session "Understanding the Performance of an Insurance Company: An Introduction" from 6-9 March 2023

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­ EAA Web Session  ­
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Understanding the Performance of an Insurance Company: An Introduction
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6-9 March 2023 | 9:00-12:30 CET
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­ Due to the inversion of the production cycle, the insurance business is very different from other traditional industries. Understanding, measuring and managing the performance of insurance companies is difficult due to the specific risks insurance companies must cover. It is therefore essential that you, as employee of the insurance sector, understand how your company is functioning, how its activity is measured via the balance sheet and the P&L, what are the main regulations influencing this measure, which indicators are used to assess the performance and what levers can improve this performance.

The aim of this workshop is to
  • Present the functioning of an insurance company and the insurance and financial products it manages
  • Explain how to read and understand the different elements of an insurance balance sheet and P&L
  • Compute performance indicators used in different regulatory frameworks (Local GAAP, Solvency 2) 
  • Understand the impact of pricing & portfolio management, risk mitigation (reinsurance) and ALM on the performance
This interactive training is an introduction to main concepts and is therefore particularly suited for participants, coming potentially from different departments (product development, risk management, finance, accounting but also underwriting, claims management or IT), wanting to develop a broader view on how their work can influence the performance. It is also well suited for newcomers or people wanting to refresh their minds on these concepts.

Your early-bird registration fee is € 650.00 plus 19% VAT for bookings by 23 January 2023. After this date, the fee will be € 845.00 plus 19% VAT.		 ­
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Details
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Programme
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Registration
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PREMIUM SPONSOR of this web session:
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­ ReacFin ­
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­ Coming soon... ­
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­ Practical AI Methods in Claim Handling and Reserve Predictions | 24 January 2023

How Can Actuaries Tackle Inflation and its Consequences? | 8 February 2023

Introduction to Neural Networks with Applications in Mortality Modeling |
9 February 2023

...and a lot more! Explore our website for more information or download our overview.		 ­
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