Events Library

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

ASTIN's Working Party on IFRS 17 Actuarial Best Practices has now accomplished its target objectives. The report with the results of the study is published in the IAA's website Access is restricted to ASTIN members. The ASTIN webinar will present the results of the study performed by this Working Party. With this working party, we hope to contribute to a better understanding of how the (re)insurance industry, from the perspective of actuaries working in non-life (re)insurance, applies the IFRS 17 Standard in practice and which should be best practices to consider. It will make this project worth it if the responses and conclusions in this report aid in validating current approaches and serve as basis for validation of future decisions. As a departing note, we would like to show our appreciation for all the respondents to this survey, for the underlying (re)insurance entities and particularly for the actuaries who have taken their time to provide us with the responses. We also thank all the members of the Working Party for their efforts and personal time dispensed to prepare the survey, promote it worldwide and disclose this report and the upcoming presentation of results

Role of Actuaries in Promoting Financial Sustainability in Kingdom of Saudi Arabia (KSA) Public Health Sector
Episode 6 with Neha Taneja & Ehab Alatassi

The Kingdom of Saudi Arabia (KSA) is initiating a significant overhaul of its healthcare system, aiming to create an integrated, beneficiary-centered, value-based model that will provide health coverage to 20 million beneficiaries, supported by a budget of USD 50 to 60 billion. This presentation will highlight key aspects of healthcare financing reforms in the public sector designed to enhance value and ensure financial sustainability for the health sector.

It will then explore the establishment of the National Casemix Center of Excellence and its role in promoting and accelerating these reforms throughout the entire healthcare funding value matrix, particularly how actuarial functions will aid this transformation, including responsibilities for estimating and indexing the budget of USD 50 to 60 billion to the health benefit package and the system’s financial sustainability. The concluding part of the presentation will provide an overview of KSA’s strategies for implementing these financial reforms, particularly through a population-based funding approach, highlight examples of actuarial contributions to this transformation such as budget estimation, financial monitoring and reporting, and population health analytics, and invite questions and feedback.

We present an individual claims reserving model based on the conditional Aalen–Johansen estimator, as developed in Bladt and Furrer ((2023a) arXiv:2303.02119.). In our approach, we formulate a multi-state problem, where the underlying variable is the individual claim size, rather than time. The states in this model represent development periods, and we estimate the cumulative density function of individual claim sizes using the conditional Aalen–Johansen method as transition probabilities to an absorbing state. Our methodology reinterprets the concept of multi-state models and offers a strategy for modeling the complete curve of individual claim sizes. To illustrate our approach, we apply our model to both simulated and real datasets. Having access to the entire dataset enables us to support the use of our approach by comparing the predicted total final cost with the actual amount, as well as evaluating it in terms of the continuously ranked probability score.