Solvabilité, Gestion des Risques et Réassurance : pratiques actuarielles

Journée de formation continue:

Stop-loss des caisses de pensions : de la théorie à la pratique     Philippe Maeder, Swiss Re

Gouvernance et gestion des risques : l’avenir des Institutions de Prévoyance     Jean-Paul Guyon, FISP

Développement du SST et comparaisons avec Solvency II     Yves Duvanel, FINMA

Diversification en réassurance Non-Vie et ses implications     Frédéric Traimond, Flagstone Re

Programme             Inscription

Prof. Alexander McNeil: Quantitative Risk Management

A one-day workshop focussing on risk integration.

Zurich, 15 April 2010 , Swiss Re, Mythenquai 50/60,  8022 Zurich, 09.00 – 17.00

or

Lausanne, 16 April 2010, Hotel Continental, Place de la Gare 2, 1001 Lausanne, 09.00 – 17.00

Language: English          Registration          Further information

Seminar: Problematik bei der Bestimmung des Zielwerts der Wertschwankungsreserve und der Auswahl des Risikomasses bei Schweizer Pensionskassen.

Ljudmila Bertschi, Dr., Eidg. Dipl. Pensionskassenexpertin, Aktuar SAV

Towers Watson Zürich

Agenda:

• Gesetzliche Anforderungen an Wertschwankungsreserven (WSR) und an die Sicherheit der Erfüllung der Vorsorgezwecke
• Verbreitete Methoden für die Berechnung des Zielwerts der WSR und Lehren aus der Finanzkrise (in Bezug auf WSR)
• Delta-Normal Value-at-Risk (VaR) als aktuelles Risikomass für die Definition des Zielwertes der WSR
• Cornish-Fisher VaR, Conditional VaR (CVaR) als andere Risikomasse
• Vergleich zwischen den Zielwerten von WSR mit verschiedenen Risikomassen anhand von Pictet BVG 2005 Indizes

Zusammenfassung und Empfehlungen

Zur Anmeldung

Product Management and Development for Insurance Companies

2,5-day seminar , 5-7 May 2010, Zurich (Adliswil)

The seminar is suited for actuaries or actuarial trainees that are directly or indirectly involved in issues with regard to product development and product maintenance within insurance companies. The aim of the seminar is to share views, transfer knowledge and to practice about how product management and development for insurance companies is best implemented and practised. And very important, having fun doing so.

The courses will deal with the underlying concepts of Product Management. Following short introductions to issues related to product management, participants of the seminar will have many opportunities to discuss and gain practical experience with product management concepts. The lecturers have prepared workshops and case studies (including the use of spreadsheets) that are derived from business issues that came across in their daily practice.

On the first day of the seminar the participants will form groups which will work together for the rest of the program, aimed at developing a business case of their own choice, which they share with the other participants on the final half day of the seminar. As in real life awards will be granted for outstanding performances.

Programme                            Registration

"ALM Developments in Theory and Practice", Bern, 21-22. Juni 2010

Asset and Liability Management (ALM) is an important ingredient for the strategic decision making of insurance companies. ALM is often associated with ‘the strategic asset allocation’, but it also supports insurance companies on other strategic topics such as solvency risk analysis, the dividend and capital policy, interest rate risk management and the reinsurance policy. Both developments in accounting (IFRS) and solvency regulation (SST, Solvency II) are having a large impact on how insurance companies are looking at the risks in their balance sheet right now.
Closely related to ALM are topics such as liability driven investing, market consistent valuation and economic capital. ALM models have therefore evolved to financial risk management models that can be used for a wide range of topics.  In this seminar we will present the concepts of the above models and illustrate the working with examples from practice. Under the hood of ALM models are economic scenarios for e.g. interest rates curves, inflation and investment returns. As the characteristics of these scenario’s may have a substantial impact on the outcomes of the ALM model, it is important to have a proper understanding of some aspects of economic scenario generation. Therefore we will address the highlights of both real-world and risk neutral scenarios, in order to understand the impact of modelling decisions on the outcomes of the models.

The seminar is suited for actuaries and investment consultants that are directly or indirectly involved in issues with regard to ALM, interest rate risk management, valuation and pricing, or solvency calculation within insurance companies. The aim of the seminar is to provide a solid background with respect to the concepts of ALM-models and their application to a wide range of topics in the field of financial risk management.
The seminar will be concluded with a computer case in which the participants can apply the acquired knowledge on making the proper ALM decisions for a representative life insurance company.

Participants are advised to bring a laptop.

Further Information                       Registration

Journée d'études IARD "Construction d'un modèle interne: outils et moyens" à Beaune, France, 25 et 26 mars 2010 SAV-CPs: 12 Programme Bulletin d'inscription

EAA seminar "IFRS - Accounting" in Tallinn, Estonia, 15-17 April 2010 SAV-CPs: 20 First announcement

EAA seminar "Actuarial Modelling" in Vienna, Austria, 6-8 May 2010 SAV-CPs: 20  First announcement

EAA seminar "ALM in the Context of an Efficient Risk Management" in Sofia, Bulgaria, 27-29 May 2010  SAV-CPs: 20   First announcement

Rückversicherung : Vertragsarten und deren Prämienberechnung - Aktuarielle Berechnungen in Exel Frank Cuypers Zurich, 20.09.2010 Anmeldung

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