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Networking Event - The Stochastic Full Balance Sheet Model

Wednesday 12 September 2018 17:00 - 19:00

Risk aggregation specialist Bill Curry, LV=, gives an introduction to the use of stochastic full balance sheet models.

  • A key element of the risk management of an insurer relates to understanding the firm’s Solvency II surplus.
  • A firm needs to ensure it has sufficient surplus currently and over future years so as to be able to meet its business objectives.
  • It is important to be able to understand not just the strength of the capital position, but also how stable the position is and the nature of the risks that affect it.
  • This use of a 1inX measure on the probability a firm cannot cover its SCR is central to a firm’s risk appetite framework.

Bill discusses how a stochastic full balance sheet model may be used to address these points and how such models may be applied within a risk management framework

If you are a Life actuary interested in risk management or risk appetite this event will be of interest. 

Speaker – Bill Curry, LV=

William (bill) CurryBill Curry manages a team to run the economic capital model at LV=. Prior to working at LV=, Bill has held roles at Deloitte and Metlife where he led the development of a copula simulation model central to its Internal Model.

Bill specialises in risk aggregation, the use of techniques such as proxy modelling and copula theory, and the application of such techniques within a risk management framework.

 

 

Audience

This event is intended for UK or European Life actuaries who are interested in:

  • Risk management
  • Risk appetite
  • Proxy modelling
  • ORSA

It is expected that those attending will have a working knowledge of proxy modelling and the key aspects of Solvency II.

Event organiser

Contact Events Team for more information.

eventmanagement@actuaries.org.uk

0207 632 1498

17.00 - 17.30 Registration
17.30 - 18.30 Programme 
18.30- 19.00 Networking Drinks Reception

 

Location

Address

Staple Inn Hall, High Holborn, WC1V 7QJ

Nearest Public Transport

Chancery Lane