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EAA Seminar "Advanced Non-Life Pricing & Profitability Analysis: Modern Techniques with R Applications" on 26/27 October in Madrid, SpainFeed RSS

Corsi di Formazione - 25/07/2017

Non-Life insurance is facing many challenges ranging from fierce competition on the market or evolution in the distribution channel used by the consumers to evolution of the regulatory environment.

Pricing is the central link between solvency, profitability and market shares (volume). Improving pricing practice encompasses several dimensions:

Technical: Is our pricing adequate to cover the underlying cost of risk of my policyholders and the other costs we are facing? Which are the key variables driving the risk? Are they adequately taken into account in our pricing? What's the impact of the claims history of my policyholder on its expected risk? In which segment are we profitable and in which are we not profitable?

Competition: At what price will we attract the segments that we target and price out those that we do not want? Is the positioning of our competitors influencing our pricing practice and our profitability? What's my position with respect to my competitors in term of pricing? What are the segments in which I am well positioned and the segments where I am not well positioned?

Elasticity: What price (evolution) are our existing customers prepared to accept? Does the sensitivity to price evolution depend on the profile of my customer?

Segmentation: Is our segmentation granular enough for our purposes?

If you want to find answers to these questions, our seminar "Advanced Non-Life Pricing & Profitability Analysis: Modern Techniques with R Applications" on 26/27 October 2017 in Madrid is perfect for you!
The early-bird registration fee for the seminar is € 790.00 plus 21% VAT and valid until 26 August 2017. After this date the fee will be € 970.00 plus 21% VAT.

The seminar is developed for non-life actuaries or statisticians but also for managers working in product development or risk management departments. It is designed as a follow-up workshop to the EAA seminars "Introduction to Non-Life Pricing" held in the last years. Participation to this introductory seminar is not a prerequisite but participants should have basic knowledge of non-life pricing (especially of Generalized Linear Models). A short introduction will be performed to recall the key messages of the introductory seminar.

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.

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

Best regards and we hope to be able to welcome you onsite.
 
Susanne Kade
Event Coordinator/Executive Assistant

EAA - European Actuarial Academy GmbH
Hohenstaufenring 47 - 51
50674 Cologne
GERMANY
Phone +49 221 912554-342
Fax +49 221 912554-9341
www.actuarial-academy.com