Winner of the prize for the best AAE slogan

25 November 2021

As communicated in the AAE General Assembly held on 1 October 2021, the new AAE Slogan is: advising, achieving, engaging.

Winner of the prize for the best slogan is Henning Wergen, who is a member of the ECA 2022 organising team.

Henning has generously decided to donate his prize to anyone of the members who took the effort to submit a slogan proposal.

A prize draw performed by Mária Kamenárová, chairperson of the AAE, resulted in Elina Tilta-Gerika (Latvia) to be awarded this prize. The AAE Board generously extended this prize to not only include a free ticket to ECA2022, but also to reimburse travel and hotel costs.

Elina will be contacted to make the appropriate arrangements.

Henning received a nice box of Belgian chocolate as thanks for his generous donation from Mária Kamenárová.

AAE responds to EIOPA’s Consultation on the revision of the Guidelines on Valuation of Technical Provisions

11 November 2021

AAE submitted a response to EIOPA’s Consultation on the revision of the Guidelines on Valuation of Technical Provisions.

AAE’s submission can be found here.

AAE responds to EIOPA’s Consultation on the revision of the Guidelines on Contract Boundaries

10 November 2021

AAE submitted a response to EIOPA’s Consultation on the revision of the Guidelines on Contract Boundaries.

AAE’s submission can be found here.

How to Eat an Elephant – on the insurability of a pandemic

8 November 2021

Esko Kivisaari Past Chairperson AAE Chairperson AAE Advisory Panel Chairperson AAE Artifical Intelligence/Data Science Working Group

Desmond Tutu once wisely said that “there is only one way to eat an elephant: a bite at a time.” What he meant by this is that everything in life that seems daunting, overwhelming, and even impossible can be accomplished gradually by taking on just a little at a time.

The consequences of the current Covid-19 pandemic are huge and they dwarf most elephants. The number of human tragedies is immense although insurers seem to get along with the consequences in life and death. A different issue is business interruption where most existing policies do not cover the losses. A good question is whether it would be possible to extend business interruption cover in such a way that also situations like this would be covered.

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ECA 2022 – Call for Papers – open until 31 October 2021

14 October 2021

European Congress of Actuaries 2022 – Call for Papers open until 31 October 2021

On 2 and 3 June 2022, the Actuarial Association of Europe in conjunction with the Instituto de Actuarios Españoles and the European Actuarial Academy will hold the 4th European Congress of Actuaries in Madrid, Spain. In total, 350 experts, decision makers and other professionals from all over Europe are expected to join the two-day conference onsite making the ECA 2022 one of the central European actuarial events.

The congress program will feature 4 high-ranking keynote sessions by renowned guest speakers as well as over 20 parallel sessions discussing current professional challenges and opportunities arising from new areas of activity of the profession as well as from traditional work areas. The Program Committee will put a special focus on the environment actuaries work and operate in and the fast development of this environment in the recent past and expectations for the future.

The subject areas include – but are not limited to – the following topics:

• Emerging Risks: Identification, Taxonomy and Mitigation
• Data Science and Data Ethics
• Manage Uncertainty in Data
• Wider Use of Actuarial Skills
• Back to the Roots: New Approaches in Traditional Fields

A list with the topics and the corresponding research questions can be found here.

The Call for Papers is open until 31 October 2021. The presentations for the congress program will be selected by 15 November 2021. Please submit your abstract at www.eca2022.org -> Call for Papers!