Investment & Financial Risk

Investment and Financial Risk Committee

Chairperson: Christoph Krischanitz












Terms of Reference


Christoph Krischanitz (Chairperson) Aktuarvereinigung Osterreichs
Daphné de Leval Institut des Actuaires en Belgique/Instituut van Actuarissen en Belgie (IA|BE)
Yanitsa Yaneva Bulgarian Actuarial Society
Matthew Le Blond Channel Islands Actuarial Association
Andreja Radic Hvratsko Aktuarsko Društvo
Marios Yiannas Cyprus Association of Actuaries
Vladimir Krejci Česká Společnost Aktuárů
Liselotte Milting Den Danske Aktuarforening
Veikko Tamlak Eesti Aktuaaride Liit
Mika Mäkinen Suomen Aktuaariyhdistys
François Bonnin Institut des Actuaires
Alexander Schalk Deutsche Aktuarvereinigung
Ioannis Sinos Hellenic Actuarial Society
Gábor Malicskó Magyar Aktuárius Táraság
Steinunn Gudjonsdottir Félag íslenskratryggingastærðfræðinga
to be confirmed Society of Actuaries of Ireland
Aldo Balestreri Istituto Italiano degli Attuari and Consiglio Nazionale degli Attuari (ISOA)
Elina Tilta Latvijas Aaktuãru Asociãcija
Rokas Gylys Lietuvos Aktuarų Draugija
Thierry Flamand Association Luxembourgeoise des Actuaires
to be confirmed Malta Actuarial Society
Tjemme van der Meer Het Koninklijk Actuarieel Genootschap
Trond Killi Den Norske Aktuarforening
Marcin Zwara Polskie Stowarzyszenie Aktuariuszy
to be confirmed Instituto dos Actuarios Portugueses
Ana Tripsa Asociatia Romana de Actuariat
to be confirmed Udruženje Aktuara Srbije
Jelica Klúčovská Slovenská spoločnost’ aktuárov
Liljan Belsak Slovensko Aktuarsko društvo
Eduardo Trigo Instituto de Actuarios Españoles
Marc Arias Col.legi d’Actuaris de Catalunya
Simon Kristoferson Svenska Aktuarieföreningen
Petra Wildemann Association Suisse des Actuaires
Şule Şahin Actuarial Society of Turkey
Malcolm Kemp Institute and Faculty of Actuaries
Antonina Redka Society of Actuaries of Ukraine
Esko Kivisaari (Chairman, Insurance Committee) Suomen Aktuaariyhdistys
Falco Valkenburg (Chairman, Pensions Committee) Het Koninklijk Actuarieel Genootschap

Terms of Reference

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The Committee will consider, from the point of view of the actuarial profession, matters relating to investment and financial risk in the European Union, report to the General Assembly and make proposals on action required:

In particular the Committee will:

  1. present through the AAE the views of the actuarial profession in the EU on matters of concern to the profession in the fields of Investment and Financial Risk to the EU Institutions, particularly the European Commission and the European Parliament and, where appropriate, to other organizations;
  2. where appropriate, collaborate with other technical Committees of the AAE (Insurance and Pensions)in considering issues of joint concern, to ensure a co-ordinated approach in particular when making submissions to the Commission and other external organizations;
  3. develop position papers on investment and financial risk issues for submission to the European Commission and other interested organizations, including in particular European Insurance and Occupational Pensions Authority (EIOPA), European Securities and Markets Authority (ESMA), and the European Banking Authority (EBA);
  4. promote and encourage the development of actuarial skills in investment and financial risk within the actuarial profession in Europe, having regard to the AAE’s Core Syllabus for Actuarial Training in Europe, and make recommendations, wherever appropriate, to the Education Committee on subjects related to investment and financial risk;
  5. proactively identify new opportunities and relevant areas of interest;
  6. maintain contact with the appropriate Committee(s) of the International Actuarial Association and develop and maintain contact with AFIR/ERM (the Financial Risk/Enterprise Risk Management section of the International Actuarial Association).

October 2012


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