The Standard Formula of Solvency II

Prime Re Academy is pleased to invite you to attend the workshop in Zurich, Switzerland during its Solency week in October 2018 where focus will be set on the following topic:

The Standard Formula of Solvency II

As an introduction or a refresher to the major risk based solvency scheme, this workshop can be attended solely or in combination with the preceding workshop “Risk, Capital and Solvency Models – an ORSA Perspective”. The workshop provides an in-depth overview of the standard framework. It addresses the underlying theory and concepts as well as its practical implementations with Excel® templates.

The workshop focuses on Solvency II and reviews the major risks in the standard formula in the context of the basic principles underlying Solvency II. For all solvency practitioners wishing to consolidate their Solvency II skills or to familiarize themselves with specific practical implementations of the standard formula, this is the ideal opportunity to complement and refine their competencies. This workshop takes places successively to the workshops “The Standard Model of the Swiss Solvency Test” and “Risk, Capital and Solvency Models – an ORSA Perspective”, therefore, the relating workshops can be combined at a reduced fee.

Dates and Schedule

Thursday, 25 October 2018

13.30 - 14.00 registration

14.00 - 18.30 workshop

18.30 - dinner

Friday, 26 October 2018

09.00 - 12.30 workshop

12.30 - 14.00 lunch

14.00 - 18.30 workshop

18.30 - dinner

Feedbacks

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CPD Credits

Attendance to each workshop will automaticall credit members of the Swiss Actuarial Association with 10 CPD credit points. Members of other actuarial associations will receive a certificate they can submit to their CPD committee.

Lecturers

Dr. Frank Cuypers

Dr Frank Cuypers has led numerous actuarial engineering and modelling courses and workshops in Europe and Latin America. He comes with a vast lecturing experience and a prominent scientific track record in modelling complex systems. As a Swiss Re Executive and Chief Actuary at the former Zurich Re in Cologne, he acquired a broad experience in most actuarial disciplines and lines of business, which he has deployed at KPMG and PwC to advise leading providers of financial services and Government Agencies. He is a fully qualified member of the German and Swiss Actuarial Associations (DAV and SAV), which he has served on numerous committees

Prof. Karel Van Hulle

Prof. Karel Van Hulle lectures at the Economics and Business Faculty of the KU Leuven (Belgium) and at the Economics Faculty of the Goethe University in Frankfurt where he is attached to the International Centre for Insurance Regulation. He is a member of the Insurance and Reinsurance Stakeholder Group of EIOPA and served as Head of Insurance and Pensions at the European Commission until 1 March 2013, where his main task was the development of Solvency II. He was a member of the Technical Committee of the International Association of Insurance Supervisors, of which he was nominated Distinguished Fellow in 2013. He was closely involved in the negotiations which lead to the equivalence decisions of the European Commission for Switzerland and for a number of other countries. He is a regular speaker at insurance and pension conferences around the world and is Honorary Fellow of the UK Institute and Faculty of Actuaries.

Simone Dalessi

Simone Dalessi graduated with a M.Sc. in mathematics from the University of Zurich, and comes with significant expertise in statistics and cryptology. He started his actuarial career with PRS, helping (re)insurers in their pricing, reserving, regulatory and solvency issues, and he has been instrumental in establishing several foreign insurer’s branch offices in Switzerland. He is a fully qualified member of the Swiss Actuarial Association (SAV).

Fees

CHF 1'300 early-bird, if payment before or on 28 September 2018

CHF 1'600 if payment after 28 September 2018

CHF 500 for unemployed participants

A discount of CHF 500 for the third participant of the same company will be granted.

In combination with another one or two PRA workshop(s) in October 2018 discounts are granted. These discounts may not be combined with other reductions and are valid only for the same participant.

Discounts: CHF 500 for two workshops

CHF 1’000 for all three workshops

These fees are binding and must be paid directly via the website.

They will be refunded in total in case of cancellation before 12 October 2018 or if the workshops must be cancelled.

The fees include:

- the workshops

- the documentation

- the prototypes in Excel®

- the dinners and lunches

- all Swiss taxes

Payment with Credit Card/vouchers and discounts

Please note that it is possible to pay with credit card directly via our website. However, if you do wish do redeem a voucher or get the discount for multiple workshops, you will have to opt to pay manually at the checkout section. Please enter the voucher no. you wish to redeem at the checkout section or enter the workshops you are attending in the comments section. We will then send you an invoice via email.

Venue

SCOR Services Switzerland AG, General Guisan-Quai 26, 8022 Zurich

Phone: +41 (44) 639 93 93 (reception)

Dress casual and comfortable.

We suggest that participants from abroad reserve their hotel room in Zurich well in advance. Alternatively, they can ask us for assistance with booking a room at a convenient location.

Contact

Raquel Forster

+41 41 725 32 16