AAE Blogs
Updating the Risk Margin Calculation
7 January 2021
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Malcolm Kemp |
At an AAE Risk Management Committee Webinar on 8 December 2020, Malcolm explored how best to recognise multi-year risk dependencies in the Solvency II risk margin calculation. This blog summarises the material covered in his presentation.
The Solvency II risk margin is an integral part of the capital structure of EEA insurers. It is included in the Solvency II review currently being undertaken by the Commission. It also features in the UK Government review of how UK insurers should be regulated after Brexit.
> Read moreHe’s making a list, He’s checking it twice, He’s gonna find out who’s naughty or nice…
15 December 2020
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Esko Kivisaari |
When it comes to Santa, there are less and less things you can hide from him. Historically, Santa has always been among the most advanced users of personal data. Modern developments have however opened new avenues for him. This is the result of immense increases in the amount of digitalized data together with advanced analytical tools and increases in computing power.
> Read moreYou should contact your intergalactic reinsurer!
25 June 2020
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Esko Kivisaari |
The Covid-19 pandemic has caused widespread human suffering and huge economic damage. We are still not at the end of this affliction, and there is uncertainty as to when a vaccine will be widely available, and whether it will be in time to prevent a second wave.
> Read moreDo Ethics matter?
3 April 2020
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José Mendinhos |
Traditionally – in the teaching of actuarial sciences and in actuarial associations – great emphasis is placed on technical aspects (which are indispensable), but not so much on ethical ones. More recently, aspects related to conduct have seen their importance grow. But do ethics matter?
> Read moreCommission White Paper on Artificial Intelligence
26 February 2020
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Esko Kivisaari |
Some wise person has said that if a person would travel in time from the Middle Ages to the present, we would look like gods to them with our technology. This comes to mind when reading the Commission White Paper on Artificial Intelligence, published on 12 February.
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