How Can Actuaries Tackle Inflation and its Consequences?
13 September 2023 | 9:00-15:45 CEST
In response to the high demand and topicality of the subject of inflation, we are delighted to provide you with an additional date for our web session:Inflation comes with many challenges for businesses in general and insurance business in particular. Due to the long term nature of the business inflation can be very toxic. This is especially true for situation of negative real interest rates, which seems to be over now. The situation has changed since the Ukraine war. The FED and the ECB have increased interest rates recently. Real rates are still negative.The learning objectives of this course are:
Understand the various forms of inflation and its historical impact
Understand the drivers for inflation and the indicators to be monitored
Practice the vulnerability analysis of the business model
Understand the potential risk mitigation actions
Programme:
09:00 - 10:30 Introduction to Inflation and the impact on insurance company
10:45 - 12:15 Workshop 1: where does inflation have impact on the business model and the eco system of a P&C insurer? This workshop does include short introductions by the lecturer
13:15 - 14:45 Workshop 2: How can inflation be elicited and modelled?
15:00 - 15:30 Potential mitigants
15:30 - 15:45 Wrap up and conclusions
Your early-bird registration fee is € 250.00 plus 19% VAT for bookings by 2 August 2023. After this date, the fee will be € 335.00 plus 19% VAT.
