Due to the COVID-19 pandemic, the Actuarial Colloquium Paris 2020 did not take place as planned.
However, the Institut des actuaires and IAA were pleased to host the Sections Virtual Colloquium (SVC) 2020 from May 11-15 instead.
The SVC 2020 brought the actuarial world together for five days of high-level scientific presentations, recorded article presentations, as well as interactive plenary sessions from IAA Sections with contributions from keynote speakers, which are available online here on actuview.
The full program with more than 70 recorded sessions and 7 live sessions has been published. Click through the pages to find the section programs:
Or find the program brochure here.
You can find all videos at the bottom of this page.
ASTIN Session live on actuview | 12 May, 13.00–14.30 CEST
All contents are available for free to registered actuview users.
If you are not registered yet, become a Section member to receive your registration code:
In recent years, one of the most critical tasks for actuaries is to adopt data science techniques in predictive modeling practice. However, due to the peculiarity of insurance data as well as the priorities taken by actuaries in decision-making, such as t
The new rules set forth by IFRS 17 not only imply a fundamental overhaul of insurance accounting, but also, the reengineering of actuarial and accounting processes within an insurance company. In fact, a few insurers will opt to transform their operating
In insurance and even more in reinsurance it occurs that about a risk you only know that it has suffered no losses in the past say seven years. Some of these risks are furthermore such particular or novel that there are no similar risks to infer the loss
We discuss the statistical modeling cycle. This discussion highlights on how to enhance classical generalized linear models by neural network features. On the way to get there, we mention traps and pitfalls that need to be avoided to get good statistical
The goal of this paper is to jointly model the development of individual daim payments and daims incurred. Our analysis only focuses on the development of the so-called Reported But Not Settled (RBNS) daims. We develop regression models and postulate dist
The aim of this paper is to introduce a synthetic ALM model that catches the main specificity of life insurance contracts. First, it keeps track of both market and book values to apply the regulatory profit-sharing rule. Second, it introduces a determinat
We study the relation between one-year premium risk and ultimate premium risk. In practice, the one-year risk is sometimes related to the ultimate risk by using a so-called emergence pattern formula introduced by England et al. (2012) and Bird, Cairns (20
Multi-country mortality dependence attracts the attention of insurers owning life insurance or annuity businesses across countries. When implementing a sophisticated enterprise risk management (ERM) program, it is crucial to model the structure of such de
In the aftermath of IBOR scandals and due to a decrease on volume of transactions associated to interest rate indexes, regulators required a transition to new reference rates. In Europe, European Parliament and Council of the European Union adopted The Be
Under IFRS and US GAAP accounting standards, employers must disclose the gap between their plan assets and liabilities on the company’s own balance sheet as well as the corresponding impact on the company’s profit and loss (P&L) account. T
The time spent in dependence and the type of care an elderly receives are the two main cost drivers of long-term care (LTC). We aim to provide a better understanding of the duration of care by using a comprehensive social insurance dataset covering the LT
In this talk, we present a two-player extraction game where the random terminal times follow (different) heavy-tailed distributions which are not necessari!y compactly supported. Besides, we de!ve on the implications of working with logarithmic utility/te
Investors can experience behaviors that usually are seen entirely irrational from the classical economic principles. The focus of this research is to generate formative or reflective behavioral constructs, which helps to measure the economic effects of in
Outstanding claims reserving have become most of the time Best Estimate whereas they used to be appropriate. These reserves should now be equal to the best estimate of the cost of the claims not yet settled and not yet reported. Even if new reserving meth
The wavelet theory is a powerful tool for processing and compressing time-series or images. To summarize, the wavelet transform consists to project a signal on an orthornormal basis of functions. The sets of functions is chosen in order to provide a spars
This paper presents how the IT and actuarial science have evolved in parallel since antiquity, and how the recent speed up of IT evolution could revolution actuarial science: is it today easier for an actuary to pick up machine learning than it is for a d
Leveraging from the patchwork copula formalization and from various piecewise constant density estimators (minimum-distance based, tree-shaped, Bayesian partitioning, Delaunay tree, Voronoi histogram), we derive a flexible, consistent, piecewise constant
Many countries in Latin America are experiencing large social trouble and budget crisis on account the pension program, independently of the consideration of Defined Benefits or Defined Contributions. After the past 35 years of SS reforms in pension, diff
The submission would be 5-7 five minute plays enacting the interaction of classical character types in an actuarial or professional context highlighting ethical issues by young actuarial students in University College Dublin. One example of the plays woul
We present fundamental findings from the field of empirical intercultural research. These findings are of interest to the insurance industry in their own right. They become even more interesting, however, when viewed through the eyes of an actuary who app
Each pension fund board of trustees decides on type and amount of death and disability risk coverage. At first step in pension fund specific risk analysis, the full coverage of death and disability risks by the pension fund itself is analyzed. According t
This paper reviews the current design of the Solvency II risk margin. The current aim of the risk margin is to provide a quantification of the hypothetical cost a third party would expect to charge (in addition to the Solvency II 'best estimate liability'
The volume of digital data is increasing by around 61 % annually. The rapidly developing techniques of predictive analytics make it possible to use this data in underwriting and pricing of insurers. These novel technologies present huge opportunities for
Tree-based methods are convenient and powerful machine learning tools thatcan be seen as alternatives to classical regression and prediction models suchas generalized linear models, see for example. The most standard proceduresare designed to estimate the
In November 2019, the International Association of Insurance Supervisors adopted a Global Framework for the Supervision of Internationally Active Insurance Groups (IAIGs). This includes revisions to ComFrame including the Insurance Core Principles (ICPs),
According to the FRP5 Guidelines of the Swiss Chamber of pension fund experts (SKPE) the threshold portfolio return corresponds to the annual portfolio return which the pension fund requires to keep the funding ratio constant. The difference between the e
The Solvency II Directive from 2009 requires from life insurance companies to derive the full probability distribution forecast for one-year losses. Since no analytical formula for one-year losses exists and a full Monte Carlo nested calculation is comput