The volatile markets and evolving regulatory climate of recent years, has driven much attention across the insurance industry to risk management. Many in the actuarial profession have been moving away from deterministic approaches, looking to gain a wider picture of risk exposures as their firms adopt more complex investment-linked products and are subject to a more complex regulation. More than simply setting higher premiums and passing risk on to the insured, firms can also find competitive advantage through the application of sophisticated Economic Scenario Generation (ESG) techniques right from the product design phase.
Whether fully immersed in ESG, or just beginning to consider implementation of ESG techniques, the success of these approaches depends on skilled leveraging of a solid and consistent modeling framework.
Join Numerix on October 2nd at 10:30 am EDT as featured speaker Ghali Boukfaouidiscusses Risk Neutral Modeling for Economic Scenario Generation. As the first installment of our ESG webinar series, this webinar will:
- Review the foundations of the Risk Neutral Theory, the framework upon which Risk Neutral Economic Scenario Generation Modeling is built
- Examine the Hybrid Framework and Joint Calibration Approaches
- Describing strengths and weaknesses, as well as important nuances of each approach
- Explain these approaches in context of the market consistency challenge
- Introduce Advanced Indices Generation
This Webinar is complimentary, but registration is required as space is limited.
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