3/4 Dec 2020 in Zurich
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 Schweizer Aktuarvereinigung.
The EAA Forum is suited for all actuaries, actuarial trainees, risk-managers, all professionals who work on economic valuation or work within further Solvency II tasks.
Participants should have a basic understanding of economic valuation, economic capital, and the Solvency II framework.
Before the EAA Forum all participants will receive a manual for pre-reading on the Business Simulation Game. Tablets will be provided for each team onsite. You may want to bring your own laptop in addition for some calculations, but it is not mandatory for following this seminar.
Purpose and Nature
Venue & Accommodation
The seminar will take place at the
Swiss Re NextMythenquai 50/60, 8002 Zurich,SwitzerlandWebsite
We have arranged special prices for accommodation in the Hotel Swiss Night by FassbindSteinwiesstrasse 88032 ZürichSwitzerlandHotel website.
A single room costs CHF 117.00 per night, excluding breakfast (CHF 20.00 - pre-booked breakfast costs CHF 18.00) and service tax (CHF 2.50). This price is valid for bookings until 1 November 2020. Please book your accommodation directly with the hotel (via mail: firstname.lastname@example.org or phone: +41 44 512 49 99) by using the code “SwissRE 02.-04.12.2020” and by indicating your credit card number and the credit card guarantee. Kindly book early, as our allotment includes a limited number of rooms, and note the hotel’s cancellation policy.
If you prefer other Fassbind hotels (Du Théâtre, Züri), you will get a discount of 15 % by booking your room online and by using the code “Swissre”.
Sponsor of the Seminar