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Caroline Hillairet, Professor at ENSAE Paris, and Olivier Lopez,
Professor of Statistics and Actuarial Sciences at Sorbonne
Université, would be happy to welcome you at the second EAA online
training "Actuarial Modeling for Cyber Risk". Caroline and Olivier
are co-directors of the Research Initiative on "Actuarial
modeling of cyber risk" (AXA Joint Research Initiative) and are
international experts in this field.
After an introduction to the specificities on cyber-risk, their
session gives first steps towards a better understanding of cyber
risk, by providing mathematical models and actuarial analysis. For
a better quantification of cyber risk, they propose innovative
models, both for the severity component (size of the claims) and
the frequency component (accumulation risk and clustering features)
of the risk.
After completing this course, you will be able to
- Identify the specificities of cyber risk
- Identify the factors that may jeopardize the mutualisation of
cyber risk
- Identify extreme events and convey a risk segmentation
- Construct accumulation scenarii on a cyber portfolio
- Quantify the impact of protection measures on the risk of
saturation in the insurer response capacity.
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