AAE News

AAE publishes commentary paper “Application of Professional Judgment by Actuaries”

20 January 2020

Today the AAE issued a press release with respect to the publication of the commentary paper ‘Application of Professional Judgment by Actuaries‘. The press release is available here.

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AAE comments on EIOPA’s consultation paper on the Opinion on the 2020 Review of Solvency II

15 January 2020

AAE commented on EIOPA’s consultation paper on the Opinion on the 2020 Review of Solvency II.

A summary of the AAE’s comments will be available soon.

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AAE comments on ESAs consultation on changes to the key information for PRIIPs

13 January 2020

AAE commented on The European Supervisory Authorities (ESAs) consultation on amendments to existing rules underpinning the Key Information Document (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs).

A summary of the AAE’s comments is available here.

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Why you should care about ethics in the use of data?

6 January 2020

Esko Kivisaari
Immediate Past Chairperson AAE

 

As European actuaries we are committed to the principles of our Code of Professional Conduct: integrity, competence and care, compliance, impartiality and communication. As an element of this “an actuary must not provide … information … that the actuary knows … is materially false or misleading, contains statements or information furnished recklessly or omits or obscures information required to be included and as a result is materially misleading”. Further on “an actuary must perform specific professional services only if the actuary is competent and appropriately experienced to do so…”. These are very demanding requirements generally, but perhaps even more so when we talk of novel data science and predictive analytics.

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AAE publishes commentary paper “A Review of the Design of the Solvency II Risk Margin”

18 December 2019

Today the AAE issued a press release with respect to the publication of the commentary paper ‘A Review of the Design of the Solvency II Risk Margin’. The press release is available here.

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