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
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
Among the several features of cyber-attacks one wants to reproduce, those related to the memory of events and self-exciting behavior is of major importance, as it underlies the clustering and auto-correlation of times of cyber-attacks. In this paper, we p
In 2019, Alibaba reinvents healthcare thanks to a P2P insurance model which has been a huge commercial success with more than 100 million users in China.Despite commercial failures of most P2P models (B2C) attempts in Europe, Alibaba proves that P2P model
In non-life insurance, the payment history can be predictive of the timing of a settlement for individual claims. Ignoring the association between the payment process and the settlement process could bias the prediction of outstanding payments. To address
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 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
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
Prediction of the evolution of a claim is a challenging problem in insurance, especiallyfor guarantees associated with high volatility of the cost such as third-party insurance.Identifying, soon after occurrence, the claims that require more attention, is
Dans un contexte économique et réglementaire en perpétuelle mouvance, le pilotage ALM de l’assureur vie doit nécessairement faire intervenir une optimisation de la structure de son passif.A cette fin, cette contribution p
This paper proposes a measure of the probable maximum cyber loss, which stands for the worst cyber loss likely to occur, with an alternative approach to estimating the potential loss size of an extreme event. It shows that the predicted cyber loss likely
This paper explores reasons why some policymakers and researchers propose creating additional European (Eurozone) safe assets and why others think that this may be challenging. By 'safe' assets we mean ones that are as free from credit risk as possible, p
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
(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
This paper proposes a new type of longevity bond as a post-retirement investment product for individuals to hedge their longevity risk which has the flexibility to meet both income and bequest needs. The payoffs of the bond are composed of flexible monthl
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
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
The implementation of Enterprise Risk Management (ERM) in the financial sector, insurance . in particular, has gained increasing attention in recent years. However, the majority of studies used financial data and overlooked the non-performance of the comp
- 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
The cost of the risk of work stoppage has been rising for a number of years. This increase is explained in particular by psychosocial risks. This article models the rate of prescription of work stoppages thanks to a model whose fundamentals are identical
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
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'
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 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