EAA Forum: Managing Risk & Capital in a Volatile World: Business Game for the Insurance Industry
The economic view on a company has become more and more important over the last couple of years. Many job opportunities arose for actuaries with the increasing need for economic valuation of assets and liabilities and value-based management. Executives use the concept of economic capital to enhance the management of their company.
Therefore, the European Actuarial Academy offers the world’s leading Business Simulation Game for the insurance industry that covers various aspects of risk and capital management in a volatile business environment. To give participants a holistic view of their companies, the seminar will focus on both sides of the balance sheet. With Solvency II in place since 1 January 2016, a large and detailed regulatory framework has been laid out. This opens new risks and opportunities to insurance companies, which decision makers need to be aware of.
The course, led by executive coach Prof. Dr. Tobias Thomas, will be based on an interactive management simulation developed by TOPSIM GmbH (formerly TATA Interactive Systems) and Swiss Re. For two days, you will take the challenging role of an executive board, managing an insurance company under the existing Solvency II regime. By participating in this business simulation, you will get the chance to work in international teams, develop your own strategies and directly experience the effects of Solvency II on insurance markets. Through the Business Simulation Game, you will learn how to succeed in Europe’s challenging insurance markets by understanding the impacts of risk and capital management under Solvency II.
Organized by the EAA - European Actuarial Academy GmbH in cooperation with the Institut des Actuaires.