|10th/11th May 2012 | Berlin / Germany|
Diversification arises when an entity has exposure to multiple risks which are not perfectly correlated. It is one of the most important factors in the determination of the total capital requirement under risk based capital regimes such as Solvency II.
In this seminar we will discuss the background and practical implications of diversification in the context of recent global developments. Several techniques for quantifying diversification and modelling of dependencies between risks will be covered.
The second day is a hands-on programme in which delegates can put into practice various techniques for modelling of diversification with a direct link to Solvency II capital requirements.