|
|
| |
|
|
| |
EAA Newsletter
Stay Updated with our Latest Web Sessions |
|
| |
|
|
|
| |
|
|
| |
We are
excited to draw your attention to our recently published EAA web
sessions, scheduled for this winter. These sessions cover a range
of topics designed to enhance your professional knowledge. Join us
for:
- AI in the Health & Life Sciences: Ethical Challenges of Big
Data,
- CERA 0: A Refresher Course in Financial Mathematics and Risk
Measurement,
- Life Biometric Assumptions: Bringing Together New & Classic
Methods,
- Inflation Risk Management,
- Stochastic Projection Models in Life Insurance,
- ESG Investing from a (Retail) Investor Point of View.
Dive into the content, and stay informed with EAA! |
|
| |
|
|
|
|
|
| |
|
|
| |
Web Session 'AI in the Health & Life Sciences:
Ethical Challenges of Big Data'
on 8 November 2024 |
|
| |
|
|
|
| |
The session will explore the multifaceted relationship
between AI, society, culture, ethics, and how we live and work.
There will be an emphasis on the importance of transparency,
accountability, and inclusivity in AI development and use. A
variety of case studies that critically examine the integration of
ethical AI in different contexts and professions will be presented,
and frameworks for the development and use of ethical AI will be
proposed.
further details |
|
| |
|
|
|
|
|
| |
|
|
| |
Web Session 'CERA 0: A Refresher Course in Financial
Mathematics and Risk Measurement'
on 2/3 December 2024 |
|
| |
|
|
|
| |
The web session gives an introduction to modern
financial mathematics and derivative pricing. It is designed to
prepare actuaries without adequate training in these fields for the
quantitative parts of the CERA education. The web session is
moreover an ideal learning opportunity for actuaries who want to
become acquainted with or refresh their knowledge in these highly
relevant fields.
The online course begins with a repetition of basic concepts in
probability theory including characteristics of random variables
such as moments and quantiles. In order to prepare the analysis of
dynamic financial models we introduce the idea of conditional
expectations and we discuss stochastic processes in discrete time.
The online session continues with an introduction to financial
mathematics. We study risk neutral valuation and the hedging of
derivatives in discrete-time models. The last part of the web
session is devoted to an introduction to financial mathematics in
continuous time. Topics covered include stochastic processes in
continuous time such as Brownian motion and the Ito formula, the
Black Scholes model and the Greeks very basic term structure models
and the pricing and hedging of simple stock and bond options. The
web session consists of lectures interspersed by short exercise
sessions where participants can apply the probabilistic techniques
hands-on.
further details |
|
| |
|
|
|
|
|
| |
|
|
| |
|
|
| |
Web Session 'Life Biometric Assumptions: Bringing
Together New & Classic Methods'
on 5 December 2024 |
|
| |
|
|
|
| |
The purpose of this web session is to give the
participant a comprehensive understanding of how biometric
assumptions are developed for use in life insurance products using
available data sources and both classic and modern analytics
techniques. Participants will come away with knowledge of both what
is possible as well as how the various elements can be used
together. This will prepare the participants to evaluate their
current practices and make an informed decision regarding what
other data or data analytics techniques are worth exploring to
effectively enhance their operations.
further details |
|
| |
|
|
|
|
|
| |
|
|
| |
|
|
| |
Web Session 'Inflation Risk Management'
on 10 December 2024 |
|
| |
|
|
|
| |
The purpose of this session is to explore how
inflation and its uncertain evolution impacts insurers and pension
funds and how actuaries can manage the risks involved. It will draw
on recent work within the Actuarial Association of Europe and other
bodies on inflation risk management.
The topics of this session will be:
- Historic experiences and global trends
- Stylised asset and liability responses to inflation
- What inflation measures matter most?
- Modelling inflation
- Responding to uncertainties in inflation
- Product design, management actions, hedging, reinsurance
- Managing related risks, both internal and external
further details |
|
| |
|
|
|
|
|
| |
|
|
| |
|
|
| |
Web Session 'Stochastic Projection Models in Life
Insurance'
on 12 December 2024 |
|
| |
|
|
|
| |
This web session provides an overview of three
conceptually different approaches for stochastic life insurance
projection models currently observable in the market. It compares
their key ideas, explains their strengths & challenges, and
introduces the underlying mathematical / actuarial methodologies.
Concerning the application of the comparably little-known
Liability-2-Step approach, the session will present the operational
experience of an Austrian insurance company. Although the
comparison of the modelling approaches will mainly be conducted
from the viewpoint of Solvency II reporting, the session will also
discuss their applicability as basis for the integration of
external financial reporting with internal planning and performance
management.
further
details |
|
| |
|
|
|
|
|
| |
|
|
| |
|
|
| |
Web Session 'ESG Investing from a (Retail) Investor
Point of View'
on 13 December 2024 |
|
| |
|
|
|
| |
ESG investment has become mainstream over the last
couple of years for institutions. Sustainability reports have grown
in detail and have extended besides qualitative goals and
ambitions, into quantitative reports showing measurable progress on
KPIs. Despite the increase in interest into ESG matters in the
public domain by consumers reflected in climate protests and
concerns, this has not yet translated in consumers becoming active
EGS investors themselves: retail ESG investment in 2020 was lagging
with a share of 25% compared to the 75% institutional investment,
despite retail investors owning 52% of global assets as per
2021. As the share of retail investments in total assets
under management is expected to increase to 61% by 2030, this
provides a clear opportunity for individual investors to increase
their ESG awareness and interest in sustainable assets.
The aim of this web session is to provide the audience an overview
of ESG and sustainability developments first, and then to explore
in more detail developments for investment both from a corporate
and retail point of view.
further details |
|
| |
|
|
|
|
|
| |
|
|
| |
Further
Trainings in 2024 |
|
|
| |
|
|
| |
12-14 September
2024
Actuarial Data Science - Advanced
further details
16-18 September 2024
Assets and Liabilities Management (Part 1: Introduction)
further details
19/20 September 2024
Explainable AI for Actuaries: Concepts, Techniques and Case
Studies
further details
30 September - 1 October 2024
Seminar 'Open Source Tools R and Python: Extending the Tool of the
Actuary' in Prague
further details
8 October 2024
Discrimination-Free Pricing: of Limits & Possibilities
further details
9 October 2024
Climate Change Scenarios in Context - A Stress Testing Case
Study
further details
10 October 2024
Strategic Balance Sheet Management (Business Game)
further details
14-16 October 2024
Assets and Liabilities Management (Part 2: Advanced)
further details
17 October 2024
Introduction to Natural Catastrophe Modelling
further
details
23 October 2024
Cancer Survivors' Right to be Forgotten
further details
24/25 October 2024
LLM Principles and Case Studies for Insurance
further details
28-31 October 2024
Communication for Actuaries
further details
... and a lot more! Explore our website for more
information. |
|
| |
|
|
|
|
|
