April 5th to 7th | Moscow, Russia
organised by the European Actuarial Academy (EAA)
in cooperation with the Federal Authority for Insurance Supervision (FAIS) and the Russian Guild of Actuaries
The seminar will take place at
Federal Authority for Insurance Supervision (FAIS)
3/1 Miusskaya square
Moscow, 125993 Russia
1. Introduction
Actuarial techniques will influence the insurance practice and insurance supervision dramatically, ensuring a solid calculation of premiums and reserves and enabling an efficient analysis of financial results. Financial stability of insurance companies is one of the key success factors to promote confidence in the insurance markets. Actuarial controlling therefore has become a major role against the background of new international trends in solvency rules (Solvency II) and accounting rules (IFRS).
An efficient actuarial framework is of great importance. Actuarial knowledges have to be developed within the insurance companies and supervision, and the link between companies and the regulators has to be organized by strict reporting procedures to enable an efficient supervisory review process following the basic principles given by Solvency II.
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