Driver Based Dependencies in Capital Models

For many insurers, the credit for diversification in solvency capital has become essential to the viability of the business. Justifying that credit, both internally and to regulators, is becoming increasingly important. In this session we will demonstrate ways in which driver-based models can be used to support approaches taken in the main capital model. In particular, we will draw on case studies from our experience in this area, and outline the process for insurers wishing to incorporate driver-based models into their toolkit.

To access podcast please contact the Society: info@actuaries.ie