Schedule of The justification of the Solvency II standard formula for the Life underwriting risks
| On Thursday 29 April: | |
| 16:00 - 18:00 | The justification of the Solvency II standard formula for the Life underwriting risks By VERSTEGEN Dirk |
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From 16:00 to 18:00
The justification of the Solvency II standard formula for the Life underwriting risks
By VERSTEGEN Dirk- Why we need to justify the use of the Solvency II standard formula
- Types of risk, with a zoom on the mortality parameter risk
- The fundamental mathematical problem: the probability distribution of the sum of many random variables
- Stochastic method
- Central limit approximation
- Central limit approximation + skewness correction
- Results for mortality
- Remarks about the other life underwriting risks