PillarOne Community Event

„Einstein Congress“, Berneggstr. 2, St. Gallen, +41 71 227 55 55

For hotel booking mention “Annual meeting Swiss Association of Actuaries” as our community event is just before the annual meeting of the SAA and at the same location.

The event is open to anybody and no admission fee is charged.

Please register either via SAV or the webform on this site.

We will update the following program regularly.

Thursday, September 9, 14:30 – 17:30 

Track 1: Issues of Group Regulation, Modelling, Processes

Markus Meier and Dr. Markus Stricker, Intuitive Collaboration

With contributions from

• Martin Jakob, FINMA
• Dr. Peter Bamert, Head Corporate Finance & Risk Management, Helvetia Group
  
• Paolo Monticolo, Head of Actuarial Risk Management, New Reinsurance Company Ltd

Short presentations from various view points: Regulatory, auditor, risk management, IT. Plenty of time for discussion:

• The Group View: Peter Bamert
• The Subsidiary View: Paolo Monticolo
• The Regulators View: Martin Jakob

Topics which might be touched upon include:

• Intra-group capital and risk transfers
• Data issues: Separation of data from the models
• Modeling issues: Architecture for large scale models. Monolytic models versus collaborating entity models, correlation issues, etc.
  
• What needs to be audited and how?
  
• Pillars Two and Three of the solvency regime
  

Track 2: Dynamic analysis of an insurance portfolio

Dr. Arnold Waßmer and Stephan Hartmann, Munich Re, Solvency Consulting

Interactive case study on the risk situation of a Non-Life insurance company. This track is structured as follows:

• Aim and structure of a PODRA using the example of Capital Eagle (NP)
• Exercise: Transfer the results to Capital Eagle (NP+ML50)
• Solution: Transfer the results to Capital Eagle (NP+ML50)
• Workshop "Balloon": Initial scenario analysis
• Workshop "Balloon": Conceptual design of reinsurance structure and intermediate result 
  analysis, optimization potential in reinsurance, analysis of alternatives
• Summary of results
• Discussion: How can PODRA be used for business development?

From 18:30 on: Evening program – join the party!

Friday morning, September 10, 9:00 – 11:00

Track 1

• 9:00 - 9:45: Is non-parametric distribution smoothing advantageous?
  Dr. Jessika Walter and Dr. Markus Stricker, Intuitive Collaboration
  
• 10:15 – 11:00: Period models versus models with valuation dates
  Stefan Kunz, Intuitive Collaboration
  

Track 2

• 9:00 – 9:45: Group Modeling Hands-On using PillarOne.RiskAnalytics 
  Markus Meier, Intuitive Collaboration
• 10:15 – 11:00: Scalability of compute intensive models
  Dr. Martin Melchior, FH Nordwest and Michael Spahn, Intuitive Collaboration
  

Actuarial Talk

During the conference, actuarial conversations are encouraged. The speakers, the PillarOne-Team, and you are encouraged to collaborate. If you wish to widen the audience, just let us know and we could organize additional discussion groups. For example, we will also have on Friday morning a separate talk with Jon Bardola on modeling cash-flows with PillarOne in life insurance."

Hands-on Corner

Experts will be available during the Community Event to

• Help with the installation
• bring your laptop along
• Try and discuss one of the publically released models
• Build your own business extension
• Discuss with other community members