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:
For both Solvency II and IFRS 17 the actuary can use unpaid claim variability estimates for cash flows and the runoff of unpaid claims in addition to the more widely used accident year view of the unpaid claims. This paper is based on a review of the foun
This paper aims to calculate the fiscal and distributive impacts on the Brazilian National Pension Scheme, generated from the original version of the pension reform presented by the president Jair Bolsonaro in the beginning of 2019. This is the most compr
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 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
In this paper, we develop stochastic models to determine the impact of a massive cyber attack on an insurance portfolio. The model is based on the classical SIR framework (Susceptible - Infected - Recovered) of epidemiological models. For a given type of
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
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 American Academy of Actuaries (Academy) would be pleased to present Actuaries Climate Risk Index (ACRI): Research Update. The ACRI is derived from a model of the statistical relationship between the weather components of the Actuaries Climate Index (A
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
One of the first in the actuariat literature published agent based models (ABM) is by Ingram et al. The paper describes a model of a competitive (insurance) market that shows cyclical behavior. The authors put their focus on the model’s theoretic fo
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
- How should you invest your pension plan savings, if you want to reach a desired level ofincome? We show the distribution of your possible retirement income under differentinvestment strategies.- Each strategy is derived from the optimization of a functi
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
In this work, we propose a methodology to predict the total cost of a natural catastrophe shortly after itsoccurrence. Thanks to a large database provided through a partnership with Federation Francaise d'Assurance,we manage to have access to a very la
Approximate Bayesian Computation (ABC) is a statistical learning technique to select and calibrate models in an automated fashion using the data at hand. It consists in simulating synthetic data from the potential models and assessing the distance between
Deep Learning models are currently being introduced into business processes to support decision-making in insurance companies. At the same time model risk is recognized as an increasingly relevant field within the management of operational rlsk that tries
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 comparison of different algorithms for insurance pricing exercise is a task that relies heavily on the data sample used. There are two options: real data and synthetic data. A critical issue with the real data is the lack of information of the exact u
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
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
(The presentation is held in french) The ongoing 4th industrial revolution already opened fantastic opportunities for Cyber crime, from the emergence of the Internet in the 80’s to the day-to-day reliance of both individuals and companies on cloud s
In recent years, managing longevity risk, the risk of outliving one's wealth, is a very important issue for a household in retirement. Hibiki and Oya(2015) show that this risk can be hedged by combining private life pension and public pension. However, pr
The establishment and development of technologies as support tools in social security terms provide a way that would improve to 30% of Mexican population increase the amount of their voluntary contributions and many others would accede into the pension sy
Long term disability income (DI) claims account for a significant portion of life insurance companies' risk product liabilities. The annuity type benefits offered by these products, typically paid until a policyholder reaches retirement age, dies or retur
A simple formula for non-discriminatory insurance pricing is introduced. This formula is based on the assumption that certain individual (discriminatory) policyholder information is not allowed to be used for insurance pricing. The suggested procedure can
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