AAE News

AAE publishes position paper “Insurability and pandemic (or more generally, shared resilience) risk”

29 June 2021

Today the AAE issued a press release with respect to the publication of the AAE position paper “Insurability and pandemic (or more generally, shared resilience) risk”.

 

The press release is available here.

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‘Monetary policy – the current trajectory is not sustainable’

28 June 2021

Monetary policy – the current trajectory is not sustainable

By Rob van Leeuwen

 

 

 

In the abbreviation ‘ESG’ most attention goes to the first letter: the environment and climate change in particular. However, the ‘G’ stands for ‘governance’, and should not only apply to business, but especially to government.

 

Read the full article here.

 

Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.

 

This article was published in The European Actuary No. 26 – June 2021

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‘Why is the focus of the actuarial profession on climate-related risks and opportunities, rather than the multiple broader impacts of climate change?’

24 June 2021

Introduction to climate-related scenarios

By Micheline Dionne

MICHELINE DIONNE chairs the Resource and Environment Working Group of the International Actuarial Association (IAA).

 

 

The International Actuarial Association (IAA) recently announced the publication of the paper ‘Introduction to Climate-Related Scenarios’ developed by its Task Force on Climate Risk.

 

Read the full article here.

 

Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.

 

This article was published in The European Actuary No. 26 – June 2021

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‘Assumptions are always a challenge for Actuaries. How to check them?’

21 June 2021

How to monitor actuarial assumptions regarding claim frequency in practice?

By Stéphane Loisel

STÉPHANE LOISEL holds a PhD in applied mathematics from the University of Lyon, an MSc in actuarial science and finance, and is a fellow and former member of the board of the Institut des Actuaires. He is now full professor and head of LSAF research lab at ISFA, Université Lyon 1.

 

 

In insurance, it is important to continuously monitor actuarial assumptions, and particularly the ones regarding claim frequency. If one does not react quickly enough to a claim frequency increase, then one may face adverse selection. In the case of a claim frequency decrease, competition is at stake.

 

Read the full article here.

 

Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.

 

This article was published in The European Actuary No. 26 – June 2021

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‘Sustainability has many aspects, corona learned us’

17 June 2021

Reform, resilience and recovery – Europe’s way forward

PAOLO GARONNA, Secretary General, Italian Banking, Insurance and Finance Federation is also Professor of Economics at the Luiss G. Carli University in Rome.

 

Paolo Garonna shares his views about how sustainability and resilience are key to the future of Europe.

 

First question: What is your overall view of the EU’s approach to a) the European Green Deal and b) the post-Covid recovery funds?

 

Read Paolo’s answer and the full article here.

 

Disclaimer:
This article represents the opinion of the interviewee, and not necessarily the opinion of the AAE.

 

This article was published in The European Actuary No. 26 – June 2021

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