Prospecting Health Similar to Life: Concepts, Techniques and Cases

Introduction & Programme

Insuring Health related risk without the right of termination by the insurer for a long time-period, up to life-long is mandatory in some European countries. In jurisdictions where this type of Health insurance is practised ever since, specific actuarial methods – in Solvency II referred to as Health similar to life techniques (Health SLT) – evolved.

Given, that this type of insurance cover offers a superior level of protection, it is gaining popularity either in addition to or as an alternative financing method for public healthcare.

In the first part of this training the actuarial concepts that constitute the core of what is practised as Health SLT are introduced. We will outline some of the differences between jurisdictions like Germany and Austria to indicate how the concepts introduced so far are adapted to different legislations. By exemplifying the impact of (potentially different) premium adjustment clauses, we give indications to the treatment of Health SLT in Solvency II and IFRS 17.

In the second part of the training more recent enhancements are delineated, such as embedding frequency/severity modelling and Markovian states (Thiele’s formula) to the Health SLT actuarial framework. A Case Study with hands-on examples (in Excel) will be presented illustrating actuarial methods to support a tariff, by which an insured person may choose deductibles from a range of values as well as the application of Thiele’s equation in combination with frequency/severity modelling of claims.

Preliminary Programme

Friday, 13 November 2026
09:00-09:30 Health SLT – pros and cons from an actuarial perspective.  
09:30-10:30 Actuarial concepts for premium calculation and premium crediting.  
10:30-10:45 Break 
10:45-12:15 Premium adjustment – Health SLT in Solvency II and IFRS 17.
12:15-12:30 Break
12:30-13:00 Embedding frequency/severity modelling – Case Study: selectable deductibles.
13:00-13:30 Embedding Markovian states – Case Study: state-dependent insurance cover

 All the above times are given in CET (Central European Time).

Learning Objectives & Approach

The goal of this web session is to provide a comprehensive explication of the actuarial methods in Health SLT insurance which are commonly used in European jurisdictions. Case studies are presented to introduce some recent developments in the design of life-long health covers.

By the end of the online training, participants will have an understanding about the actuarial means and ends of long-term Health insurance and its contribution to the financing of health services for an ageing population.

Participants

The target audience for this web session are both actuaries with no prior experience in Health SLT insurance who want to get a general idea about its underlying actuarial concepts and commonalities across jurisdictions and Health SLT specialists who are interested to get acquainted with case studies about more recent developments in the field.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure to join the web session with a stable internet connection.

Lecturers

Ferdinand Oser
Ferdinand Oser is qualified actuary of the German Actuarial Association (DAV). He has been working for a German private Health insurance company in pricing, product development and as a financial actuary before taking over the responsibility for its accounting. Since joining ERGO Group AG, he has been working on actuarial topics in the international private Health insurance context, e.g. in Austria, Norway and Spain.

Anselm Fleischmann
Anselm Fleischmann is a qualified actuary of the Austrian Actuarial Association (AVÖ). He is a consultant at BELTIOS in Austria, a practice he co-founded in 2013 building on experience acquired as an actuary in Health insurance and an earlier career in management consulting. He served as appointed actuary Health for two health insurers in Austria and is an active member of AVÖ working groups which examine topics of relevance to health insurance and actuarial modelling.

Language & CPD Credits

The language of the web session will be English.

CPD Credits
For this web session, the following CPD credits are available under the CPD scheme of the relevant national actuarial association:

• Austria: 4 points
• Belgium:  4 points
• Bulgaria:  6 points
• Croatia: individual accreditation
• Czechia:  4 hours
• Denmark 4 credits
• Estonia:  4 hours
• Finland: 4 points
• France:  24 points
• Germany:  4 hours
• Greece: 5 points
• Hungary:  4 hours
• Iceland: 4 credits
• Ireland: 4 hours
• Italy: individual accreditation
• Latvia: 4 hours
• Lithuania: 4 hours
• Netherlands:  approx. 4 points (individual accreditation)
• Norway: 4 points
• Poland: 4 hours
• Portugal: 4 hours
• Serbia: 4 hours
• Slovakia:  individual accreditation
• Slovenia:  individual accreditation
• Spain: CAC: 4 hours, IAE: 4 hours
• Switzerland:  individual accreditation
• USA: SOA (Section B): up to 4.8 hours

No responsibility is taken for the accuracy of this information.

Fees & Registration Details

Early Bird Registration Fee (until 2 October 2026):

• For private customers in the EU: €320.00 + VAT of the billing country (example Germany: €380.80 incl. 19% VAT)
• For private customers outside the EU: €380.80 (incl. 19% VAT)
• For businesses within the EU (excl. Germany, with valid VAT ID): €320.00 (net, reverse charge applies)
• For businesses in Germany: €380.80 (incl. 19% VAT)

Regular Registration Fee (from 3 October 2026):

• For private customers in the EU: €420.00 + VAT of the billing country (example Germany: €499.80 incl. 19% VAT)
• For private customers outside the EU: €499.80 (incl. 19% VAT)
• For businesses within the EU (excl. Germany, with valid VAT ID): €420.00 (net, reverse charge applies)
• For businesses in Germany: €499.80 (incl. 19% VAT)

Important VAT Information:

• For private customers with a billing address in an EU country: VAT will be charged at the applicable rate in the country of the billing address. The final amount, including VAT, will be calculated upon invoicing.
• For customers with a non-EU (third country) billing address: Only a non-company billing address is accepted for VAT compliance reasons. 19% VAT applies to all non-EU private customers.
• For businesses within the EU (excluding Germany), Iceland, Liechtenstein, Norway, Switzerland, and the UK with a valid VAT ID: The reverse charge mechanism applies (net price; VAT will not be charged). Please ensure your valid VAT ID is entered correctly during registration.
• For all customers with a billing address in Germany: 19% VAT applies.

Please submit your registration using our online form below. Closer to the event, you will receive further login details to join the web session.

Your registration is binding. Cancellation is only possible up to 2 weeks before the first day of the event. If you cancel later, the full participation fee is due. You may appoint someone to take your place but must notify us in advance. EAA has the right to cancel the event if the minimum number of participants is not reached.

We will send you an invoice via email. Please allow a few days for handling. Please always give your invoice number when you effect payment. All bank charges are to be borne by the participant.

Registration is open until two working days before the web session. If registration has already been closed for this web session, please call us or send an email to contact@actuarial-academy.com in order to find out whether a late registration is still possible.