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Benefit from the Early Bird discounts of many EAA's Web Sessions taking place in January and February 2022 with early bird rates in December 2021 and January 2022. Furthermore, you are invited to visit our website for all published online trainings here.

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Web Session "Structural Reforms for Public Pension Schemes" on 24/25 January 2022, 9:30-12:45 CET

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The objective of this web session is to present various experiences of structural reforms of public pension schemes such as NDC (notional account) or point systems and to analyze these techniques in terms of fair equilibrium between financial sustainability and social adequacy. This analysis will motivate to introduce intermediate approaches between classical DB plans and NDC notional accounts, using inter-generational risk sharing of the aging cost and automatic adjustment mechanisms. The influence of longevity spreads between different socio economic groups will also be addressed in terms of intra generational fairness as well as the actuarial neutrality in case of flexible retirement age.
Your early-bird registration fee is € 300.00 plus 19% VAT until 13 December 2021. After this date, the fee will be € 400.00 plus 19% VAT.
further details

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Web Session "Introduction to Graph Theory for Actuaries" on 26/27 January 2022,
10:00-12:00 CET

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Graph theory is not only an important part of mathematical education. Its applications are widespread and of interest for economics, chemistry, Informatics, biology and engineers. Graph theory applies when net-like structures appear. That could be computer networks, traffic systems, electronic circuits, chemical compounds, economic relationships or social networks. In insurance context, graphs occur in operational risk, cyber risk, customer behaviour, reputational risk, natural catastrophes, climate change, and many other contexts. To understand these kinds of networks is essential for valuation of risk, developing measures or calculating scenarios. Actuaries and risk managers are encouraged to learn about these techniques for better modelling of non-linear interrelated risks.
Your early-bird registration fee is € 200.00 plus 19% VAT until 15 December 2021. After this date, the fee will be € 270.00 plus 19% VAT.
further details

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Web Session: "Actuarial Modeling for Cyber Risk" on 31 January & 7 February 2022, 9:00-12:30 CET

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After an introduction to the specificities on cyber-risk, this session gives first steps towards a better understanding of cyber risk, by providing mathematical models and actuarial analysis. For a better quantification of cyber risk, we propose innovative models, both for the severity component (size of the claims) and the frequency component (accumulation risk and clustering features) of the risk.
After completing this course, you will be able to

• Identify the specificities of cyber risk
• Identify the factors that may jeopardize the mutualisation of cyber risk
• Identify extreme events and convey a risk segmentation
• Construct accumulation scenarii on a cyber portfolio
• Quantify the impact of protection measures on the risk of saturation in the insurer response capacity
• Model clustering features and auto-existing arrivals of cyber-events using Hawkes process

Your early-bird registration feeis € 300.00 plus 19% VAT until 20 December 2021. After this date, the fee will be € 400.00 plus 19% VAT.
further details

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Web Session: "Setting Up Discount Rates Under IFRS17: Getting the Job Done" on 15 February 2022, 10:00-12:00 CET

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The IFRS 17 regulatory framework requires insurers to define the discount curve with respect to the liquidity characteristics of their liabilities. During this web session, we will review the regulatory requirements and the two main approaches recommended. We will then detail the steps involved in the construction of the IFRS 17 discount curve and highlight the various possible choices.
This web session will first provide a presentation of the challenges related to the definition of the risk-free rate curve. This will be followed by a presentation of the approaches to assess the illiquidity of liabilities based on the link between the illiquidity of assets and liabilities. The presentation will then provide an overview of methodologies to quantify the illiquidity premium of an asset portfolio.
Our research and development work on this topic, coupled with our benchmark vision of market practices, will allow us to present a wide range of available approaches and to describe their advantages and disadvantages from an operational insurance implementation perspective. 
Your early-bird registration fee is € 100.00 plus 19% VAT until 4 January 2022. After this date, the fee will be € 140.00 plus 19% VAT.
further details

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Web Session: "Practical Application of Clustering in Insurance" on 16 February 2022, 9:00-12:15 CET

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