24 Юни 2017, 06:26 Днес (0) | Вчера (17)

Seminar "Claims Reserving Methods: Theory and Practice"

Central Hotel Sofia, 52, Hristo Botev Blvd, Sofia 1000, Bulgaria от 16 Юни 2017 09:00 до 17 Юни 2017 13:00

The Bulgarian Actuarial Society (BAS) is pleased to invite you to the seminar: ”Claims Reserving Methods: Theory and Practice” which will take place in Sofia on the 16th - 17th June 2017. Lecturers will be Professor Rafael Moreno
Ruiz and Eduardo Trigo Martínez.
Lecturers Professor Rafael Moreno Ruiz holds a PhD in Economics and Business Studies from Universidad de Alcalá de Henares and a Master in Actuarial and Financial Sciences from Universidad Complutense de Madrid. He works for the Finance and Accounting Department of Universidad de Málaga. He is Director of the Actuarial and Financial Sciences Master and has almost 25 years of experience in teaching and researching in the areas of Actuarial Mathematics, Financial Mathematics, Pensions Plans and Finance. He is currently the Vicepresident of Instituto de
Actuarios Españoles, the national association for actuaries in Spain, and Director of Escuela de Práctica Actuarial y Financiera, the educational body of the association.

Eduardo Trigo Martínez is associate professor at Finance and Accounting Department of Universidad de Málaga (Spain) and holds PhD by Universidad de Málaga and Master degree in Actuarial and Financial Sciences by  Universidad de Málaga. He has more than 15 years of experience teaching and researching in Actuarial and Financial Mathematics, Risk Management and Finance. Nowadays he is member of editorial committee of Economía Española y Protección Social and represents Instituto de Actuarios Españoles -the Spanish Actuarial Association- in the Investment and Financial Risk Committee of the Actuarial Association of Europe and in the Enterprise and Financial Risk Committee of the International Actuarial Association.

Participants The seminar is intended for actuaries, auditors and specialists from the insurance industry. For some practical examples it is recommended that participants have basic knowledge of Visual Basic for Applications (VBA).
Language The language of the Seminar will be English.


Day 1 - Friday, June 16th
09:00 – 09:30 Registration
09.30 – 11:00 1. Introduction: Outstanding claims; IBNR; reserving methods; Solvency II. 2. The run-off triangle: paid claims; case reserves; incurred costs
11:00 – 11:15 Coffee Break
11:15 – 12:45 3. Statistical/Deterministic methods – Part 1
 Grossing-Up
 Chain Ladder
 Link Ratio
 Practical applications
12:45 – 14:00 Lunch Break
14:00 – 16:00 3. Statistical/Deterministic methods – Part 2
 Loss Ratio
 Bornhuetter-Ferguson
 Benktander-Hovinen
 Other methods
 Practical applications
16:00 – 16:30 Coffee Break
16:30 – 18:30 3. Statistical/Deterministic methods – Part 3
 Practical applications

Day 2 - Saturday, June 17th
9:00 – 10:30 4. Stochastic methods – Part 1
 Introduction. Solvency II
 Mack Method.
10:30 – 11:00 Coffee Break
11:00 – 12:30 4. Stochastic methods – Part 2
 Practical applications
Registration In order to register for the Seminar, please follow the steps listed below:
 Fill in the Registration form attached and send it via e-mail addressed to Ms. Vanya Stoicova at bas@bitex.bg until 09.06.2017. Because of the limited number of places available, priority will be given to the registrations received first.
 Receive a confirmation via e-mail from BAS that your Registration form has been received.
 Transfer the Seminar fee amount to BAS bank account.
 Receive a final confirmation via e-mail on your registration by BAS.
Fee The registration fee is BGN 350 (approx. EUR 179).
Fee transfers are to be made to the Bulgarian Actuarial Society’s bank account only after receiving a confirmation that your Registration form has been received.
Please find below the payment details.
Bulgarian Actuarial Society’s Bank account:
Unicredit Bulbank
Ivan Vazov Branch
IBAN: BG53 UNCR 9660 1000 6461 00
CPD credits For BAS members the attendance of this 2-day seminar gives 16 CPD credits.

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