Current topics in Risk Management

Announcements from the Actuarial Association of Europe organiser:

COVID-19 – how to survive the pandemic as a risk manager?

The COVID-19 pandemic has affected us in 2020 in many ways. Privately, we were concerned about the health and well-being of our family and colleagues, and the lockdown restricted our private freedoms. Professionally, we had to deal with the effects of the crisis in our companies, the capital market and the resulting risks. But we were also able to learn a lot of new things, in particular how we as actuaries can deal with a situation of great uncertainty.

Solvency II Risk Margin Update

The risk margin is an important element in the capital base of many European insurers. In December 2019, the AAE published a Commentary Paper “A Review of the Design of the Solvency II Risk Margin” to assist policymakers when reviewing this part of the Solvency II Directive. In March 2020, regulators suggested potentially introducing attenuation through time into the cost of capital parameter used in the risk margin calculation. This topic will explore how and to what extent some attenuation may be justified for different sorts of risks that different types of insurers can face.

Registration is now open. Please note that registration closes on 25 November 2020 cob. You can proceed to registration from this webpage here.

Kindly also note that if you register for the webinar it is mandatory to attend the test session scheduled for 30 November 2020 from 1.00 pm - 1.30 pm.

Participation is free of charge and open only to actuaries who are members of one of the AAE Member Associations.

Recording: A recording will be made of the webinar. When registering for the webinar you accept that your name can be mentioned. The recording will only be available to registered members on the AAE website. It will also be published on actuview. Please contact your local association for actuview access codes.