Modeling Dependences
Wed, 09 Apr
|Paris
When quantifying or aggregating risks, it is crucial to account for dependences and model them correctly. This is particularly relevant in the context of modern risk-based solvency and capital schemes, such as Solvency II. For more information about the Workshop please click on Learn more.
Time & Location
09 Apr 2025, 13:30 CEST – 11 Apr 2025, 12:30 CEST
Paris, 11 Av. Myron Herrick, 75008 Paris, France
About The Event
Next April 2025 FIXAGE will host in Paris a Prime Re Academy workshop focusing on Modeling Dependencies.
When quantifying or aggregating risks, it is crucial to account for dependencies and model them correctly. This is particularly relevant in the context of modern risk-based solvency and capital schemes, such as Solvency II. Furthermore, modelling dependences is also of utmost importance in reserving, pricing or risk transfer exercises involving more than one risk.
The 2-days workshop will present the main methods used in the insurance and finance industries:
· correlations and their pitfalls
· causal models