Events Library

Climate data is everywhere. Accessible climate data for actuarial modeling, not so much.
Building on the American Academy of Actuaries’ paper "Climate Data: Actuarial Perspectives on Quality, Challenges, and Effective Risk Quantification", this webinar explores the current landscape of climate data through the lens of various actuarial practice areas. The presentation highlights significant issues regarding data quality and availability, specifically addressing blind spots such as the reporting lag bias in Property & Casualty loss data and the complexity of attributing Life and Health experience to climate changes or weather events. By identifying these cross-practice data gaps, the discussion focuses on potential approaches for improving data accessibility, integration, and usability to support future pricing, reserving, and effective risk quantification.

Speaker: Peter Ott
After a brief stint as a high school math teacher, Peter Ott has been in the insurance and reinsurance industry since 2012. Over his career he has worked on admitted lines, excess and surplus products, and reinsurance. His background includes traditional pricing, catastrophe modeling, data management, stochastic reserving, and actuarial research. In his current role, he serves as Director at Howden Re.  Peter is the current Vice-Chairperson for the Climate Change Joint Committee and Chairperson of the Actuaries Climate Index Work Group (ACI/ACRI) of the American Academy of Actuaries.

Speaker: Daniel Pribe
Daniel Pribe is a seasoned actuary and industry leader with expertise in balancing risk and reward, particularly within the healthcare sector. He founded Iris-Edge as a boutique consultancy dedicated to delivering focused, data driven insights that provide clients with a competitive edge. He has over 35 years of experience working in the health care field with extensive experience and expertise in strategic planning and forecasting, Value-Based-Care contracting, contracting, experience and ROI analyses, and medical plan design and pricing for MA, Commercial, and Medicaid lines of business.  Dan has written or co-written several articles for the SOA and the American Academy of Actuaries and has spoken on various healthcare related topics such as healthcare reform, climate change, and end of life care in an aging world. He is currently a member of the Society of Actuaries Board of Directors. Dan received his Bachelor of Science degree in Mathematical Statistics from The Ohio State University. He is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

Moderator: Marc Slutzky
Marc Slutzky an actuary with more than 50 years of experience. At the present he is a Board Member of IACA and is a Member of the Board of Trustees of The Montclair Foundation. During his career he was involved in advising insurers on capital management, mergers and acquisitions and on regulatory and tax issues. He has worked at the Equitable Life Insurance Company, the Home Life Insurance Company and most recently spent 23 years as a Principal of Milliman, Inc. He is a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries and a Chartered Enterprise Risk Analyst.

Amidst the recent flurry of activity around AI, actuaries will be in good company as they consider how to extract the benefits of AI advancements, while avoiding their downside risks. Actuaries that develop and deploy AI systems must consider how to deliver the potential gains in accuracy and speed, while avoiding risks like biased decision-making. At the same time, they must carefully consider how AI systems will integrate into employee workflows. Responsible AI and human-centric AI offer valuable guidance to address these issues and can assist actuaries in realising the benefits of AI.


Speaker: Maura Feddersen
Moderator: Ernst Visser

In this webinar, we explore a non-cooperative optimal reinsurance problem under likelihood ratio uncertainty, aiming to minimize the insurer's worst-case retained loss. We relate the optimal reinsurance strategy under the reference measure to that in the worst-case scenario, with generalizations to insurance design problems using tail risk measures. We also identify distortion risk measures where the insurer’s optimal strategy remains unchanged in the worst-case. Using an expectile risk measure, we determine optimal policies for the worst-case. Additionally, we examine a cooperative problem as a general risk-sharing model between two agents in a comonotonic market, comparing outcomes with the non-cooperative case.


Speaker: Ziyue Shi
Moderator: Brian Fannin

Aligning finance with climate policy goals is crucial for achieving net-zero greenhouse gas emissions and enhancing resilience to climate change. Policymaking and investment decisions aimed at such alignment must be informed by robust assessments.

This webinar will present the best available evidence on three core questions:
How is the climate alignment of finance assessed?
What do we know about current financial flows and stocks?
What evidence exists on the role of financial sector policies and actions?

Speaker: Jolien Noels
Session Moderator: Georgios Symeonidis

This webinar will explore the pioneering legislation of the European Union’s AI Act, the world’s first comprehensive regulatory framework for artificial intelligence. It delves into the AI Act’s risk-based approach to categorising AI systems, its implications for the insurance and risk management sectors, and its specific relevance to actuarial practices, offering actionable insights for actuaries to align compliance efforts with responsible AI deployment. The discussion emphasises the role of actuaries in ensuring AI systems are transparent, ethical, and aligned with societal and organisational goals. The insights provided aim to guide professionals in navigating the complexities of AI governance while leveraging its potential to innovate and manage risks effectively.


Speakers: Bogdan Tautan and Esko Kivisaari
Session Moderator: Raffaello Marcelloni

We introduce some deep learning models that simultaneously describe the dynamics of several yield curves. We aim to learn the dependence structure among the different yield curves induced by the globalization of financial markets and exploit it to produce more accurate forecasts. By combining the self-attention mechanism and nonparametric quantile regression, our model generates both point and interval forecasts of future yields. The architecture is designed to avoid quantile crossing issues affecting multiple quantile regression models. Numerical experiments conducted on two different datasets confirm the effectiveness of our approach. Finally, we explore potential extensions and enhancements by incorporating deep ensemble methods and transfer learning mechanisms.

Speaker: Salvatore Scognamiglio

Moderator: Brian Fannin

ESG Risk – Learnings from the Banks
As global stakeholders intensify their focus on environmental, social, and governance (ESG) performance, financial institutions are emerging as both catalysts and case studies in the ESG transition journey. This webinar, "ESG Risk: Learnings from the Banks", explores how leading banks have navigated the complex shift from ESG intention to execution. Drawing on real-world strategies, governance structures, and disclosure practices, we will unpack key lessons from the sector—ranging from integrating ESG risk into credit assessment and capital allocation to tackling data gaps and aligning with regulatory frameworks like the ISSB and EBA Guidelines. Join us to uncover what the banks have done right, where challenges remain, and what these insights mean for your organization’s ESG roadmap.

Speakers: Andries Schutte and Lizette Strauss

ASTIN Webinar: Incident-Specific Cyber Insurance
In this webinar presentation, our speakers will explore how cyber insurance products are structured to cover different types of incidents such as data breaches and ransomware attacks, each with their own limits and deductibles. They will also discuss how real-world data can help design these products to better serve both insurers and policyholders.


Speakers: Linfeng Zhang and Wing Fung Chong
Session Moderator: Brian Fannin

This presentation will investigate if GPU technology is all hype or if it will be bringing the actuarial modeling space into hyper-drive. Learn about the history of actuarial computing, why GPU’s make sense for actuarial computations, what are the challenges and benefits of GPU’s and if GPU’s truly are the answer, what are the options available for insurers.

Speaker: Martin Brandt, FSA, FCIA
Session Moderator: Ernst Visser