The International Actuarial Association (IAA) is pleased to announce the publication of the International Actuarial Note 100 on the Application of IFRS 17 Insurance Contracts (IAN 100), developed by the IAA’s Insurance Accounting Committee. Over the past
This is a two-day workshop jointly organized by the IAAHS and ASTIN and intended as a refresher course covering Reserving and Pricing models and topics.
Introduction to Reserving
• Definitions and considerations • The essence of reserving: assessing financial position correctly • Data => Loss Triangles • Basic Reserving Techniques • Assumptions and potential issues • Other reserving considerations
Introduction to Pricing
• The essence of insurance: the law of large numbers • The essence of pricing: the equivalence principle • Different pricing models for different situations o Aggregate models: high frequency – low severity claims o Life models: known size of claims o Individual models: known number of claims o Collective models: low frequency – high severity claims
Program
Day 1 - September 22 15:00-18:15 Singapore/Hong Kong time "Introduction to Reserving" workshop session led by Michiel van der Wardt
Day 2 - September 23 15:00-18:15 Singapore/Hong Kong time "Introduction to Pricing" workshop session led by Dr Frank Cuypers
