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Speaker(s): Salma Jamal (KPMG ), Lorenzo Invernizzi (Zurich Insurance Company Ltd.) Actuaries are well acquainted with traditional reserving methods such as chain ladder and Bornhuetter-Ferguson. These traditional actuarial methods have been shown over ma
Speaker(s): Jürgen Bierbaum (ALTE LEIPZIGER – HALLESCHE Konzern) As a result of strongly declining interest rates and increasing capital requirements due to Solvency II the guarantees included in traditional participating annuity products have