Actuaries are very experienced in modelling financial risks either stemming from population dynamics or from random events. Probability theory and statistics is their daily bread. But there are many other phenomena out in the world without having a direct financial impact but should be understood by actuaries as well. This web session is about models which typically are not covered in full by actuarial exams, but which could bring better insights to risks actuaries have to price. We will cover models from many different areas, whether it is medicine, construction, meteorology, biology or others. Of course, this web session can only give some examples of typical models and type of models, but it should enable participants to find more in literature or develop their own ideas.
Organised by the EAA - European Actuarial Academy GmbH.