I would like to inform you about the publication of our 1st announcement including the Call for Papers.

The scientific programm of the ICA 2018 includes up to 11 parallel sessions with about 100 slots for the presentation of submitted papers. Each parallel session will last 90 or 120 minutes and will contain a number of 30- to 45-minute talks. Actuaries, scientists and practitioners from around the world are encouraged to participate in shaping the program by submitting relevant, leading-edge ideas, research results and insights that will expand and grow the current body of actuarial knowledge.

The Scientific Committee has identified a wide range of regional and international actuarial topics and related subtopics. The main scientific topics for the ICA 2018 are related to eight different special-interest sections, reflecting the structure of the IAA Sections:

· AFIR/ERM (Financial Risk & ERM)
· ASTIN (Non-Life)
· IAAHS (Health)
· IAALS (Life)
· PBSS (Pensions Benefits & Social Security)
· IACA (Consulting)
· Professionalism
· Education

Authors who are interested to give a presentation at the ICA 2018 shall submit an abstract using the ICA 2018 online submission tool accessible via the ICA 2018 website, no later than 31 July 2017. A submission will include an abstract of 200 to 300 words, a description of the practical value of the submitted proposal, and an overview of related literature or other sources. Selected authors will be notified in November 2017.

All details including the list of topics and other interesting general information on the scientific and social program of ICA 2018 can be found in the attached 1st announcement and in our special edition of the ICA 2018 newsletter, released today.

IAA Webinar on ISAP 1A and ISAP 5 Thursday, 2 March 2017 at two different times: 11:00 GMT and 21:00 GMT

In November 2016, The Council of the International Actuarial Association (IAA) adopted two new Model International Standards of Actuarial Practice (ISAPs):
1. International Standard of Actuarial Practice 1A (ISAP 1A- Governance of Models); and
2. International Standard of Actuarial Practice 5 (ISAP 5 – Insurer Enterprise Risk Models).

Like their predecessors, both ISAPs are model standards intended for adoption by actuarial standard-setting bodies, as appropriate.
The Actuarial Standards Committee (ASC) of the IAA will host a webinar on Thursday, 2 March 2017 at 11:00 GMT and 21:00 GMT to present the key aspects of these two ISAPs to IAA Member Associations and other interested parties.

Considering the wide geographic spread of the member associations, the webinar is offered at two different times during the day to maximise participation. The IAA invites its Member Associations and other interested parties to join this webinar to get a better understanding of these ISAPs and to raise any questions they may have.

Godfrey Perrott (ISAP 1A) and Al Beer (ISAP 5) will make presentations on what the ISAPs cover and why, and will then be available for questions.

To register for the webinar please click on your preferred option:
Option 1: Thursday, 2 March 2017 at 11:00 GMT
Option 2: Thursday, 2 March 2017 at 21:00 GMT

You may send any questions in advance by e-mail to technical.activities@actuaries.org.

This activity directly supports the IAA’s strategic objective 3 to promote the development and issuance actuarial standards in jurisdictions of all Full Member Associations and the global convergence of actuarial standards. To learn more about the work of the IAA in this area, please contact the Director of Technical Activities at the IAA Secretariat.

A ’Társaság / Álláshirdetések’ oldalunkra új álláshirdetés kerültek fel. Az oldal elérhető itt.

Under Solvency II, reserving risk becomes one of the mayor drivers for solvency capital requirement in property and casualty insurance and therefore an adequate assessment of loss reserves and the underlying risk is a crucial issue not only under risk management aspects but also under a supervisory point-of-view.

With the aim to provide you with a deeper understanding of loss reserving methods and their application issues, we offer the new seminar „Loss Reserving in Property and Casualty” on 12 and 13 June 2017 in Munich, Germany. The event is based on the book „Handbook on Loss Reserving” (published in the EAA Series of Springer and edited by lecturers of this seminar) and will be useful for the daily work in particular for those who are involved or responsible for loss reserving. Every participant of the seminar will receive a free copy of the book onsite in addition.

Besides a broad introduction to traditional methods, the seminar also deals with more recent ones and a discussion of certain problems occurring in actuarial practice, like calculating best estimates and ranges of future losses. The seminar will alternate between the presentation of methodological concepts for loss reserving, practical examples and case studies in order to deepen the understanding of the different methods and their relevance in practical applications.

Are you interested in learning more about Loss Reserving? Then register now online and take part in our brand new seminar in Munich. The early-bird registration fee is € 840.00 plus 19% VAT and valid until 12 April 2017. After this date the fee will be € 970.00 plus 19% VAT.

You may find all additional information in this print version as well as on our website where you will find the registration form. An overview on other upcoming events can be downloaded as well.

Attached is an invitation to the Summers School 2017 in Lisbon, 4-8 June 2017, organized by the Institute of Actuaries of Portugal.

Társaságunk 2017. május 25-27 időpontban tartja idei Tavaszi Szimpóziumát. A helyszínről, programról, jelentkezésről és további részletekről később küldünk értesítést.

The IASB is about to issue the final standard for insurance contracts, IFRS 17. Because of the very high demand for the EAA seminar „Understanding IFRS 17” in Stockholm, we are more than happy to announce an additional seminar date for this topic on

15/16 May 2017 in Athens, Greece.

The seminar will incorporate all changes to the IASB’s guidance and will otherwise cover the same content and will be held by the same experienced lecturer like in April. This training is being offered in cooperation with the Hellenic Actuarial Society.

We aim to enable you to competently interpret IFRS 17 and thus prepare for both model development and consultation with management, accounting and auditors.

This seminar is suited for all interested individuals involved in financial reporting according to IFRS, such as actuaries or specified accountants and controllers working on valuation, controlling, auditing and consulting.

Are you interested in understanding IFRS 17? Then register now online and take part in our new seminar in Athens. The early-bird registration fee is € 790.00 plus 23% VAT and valid until 15 March 2017. After this date the fee will be € 970.00 plus 23% VAT.

You may find all additional information in this print version as well as on our website where you will find the registration form. An overview on other upcoming events can be downloaded as well.

A ’Társaság / Álláshirdetések’ oldalunkra új álláshirdetések kerültek fel. Az oldal elérhető itt.

30th International Summer School of the Swiss Association of Actuaries (2017)

Topic: Insurance Management: Trends, Challenges and Solutions

Scientific directors: Alexander Braun, Hato Schmeiser, University of St. Gallen, and Joël Wagner, University of Lausanne​

Dates: 6-9 June 2016
Location: University of Lausanne, Switzerland
Registration​ is now open.

Attendance at an International Summer School of the Swiss Association of Actuaries will provide 20 CPD credits to Fully Qualified Members of the SAA.

The rapidly progressing digitalisation leads to enormous amounts of data, which can be used to enhance the core processes of the insurance industry. An important precondition to derive the right decisions from the data is to increase the knowledge on statistical methods in general and artificial intelligence in special.

With the aim to provide you with a good understanding of illustrating the theoretical foundations of modern statistical and machine learning methods we, the EAA – European Actuarial Academy, offer the seminar „Artificial Intelligence in Insurance – Theory and Practice” on 6 and 7 April 2017 in Prague, Czech Republic.

Are you interested in this up to date topic? Then register online until 6 February 2017 to benefit from the early-bird registration fee at € 790.00 plus 21% VAT. After this date the fee will be € 970.00 plus 21% VAT.

Please find additional information attached and on our website incl. an online registration form. You may also find an overview on other upcoming events enclosed.

If you have any questions, please do not hesitate to contact us.

Best regards and we hope to be able to welcome you onsite