Roel Van Besouw AAG FRM

Nieuwe blog op de site van KPMG: Bianca Meijer, Inge van Zon-Zeilstra en Peter Bosschaart over 𝗔𝗰𝘁𝘂𝗮𝗿𝗶𝗮𝗹 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗳𝗿𝗼𝗺 𝗻𝘂𝗺𝗯𝗲𝗿 𝗰𝗿𝘂𝗻𝗰𝗵𝗲𝗿𝘀 𝘁𝗼 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗮𝗱𝘃𝗶𝘀𝗼𝗿𝘀 'Actuarial transformation goes beyond updating processes and technologies; it is a cultural change where actuaries evolve from mere number crunchers to strategic business advisors, working side by side with the rest of the finance function.' https://lnkd.in/eZjGFR5K

The coming days, between 6 and 9 June, almost 400 million people are eligible to vote in the European Union elections. The EU parliamentary elections are often not well understood. However, as the EU has been integrating, these elections matter more than people might think as ever more decisions are made on an EU wide level, rather than by national governments. Read full article here >> https://lnkd.in/ebV5fKyS #EUelections #europeanunion

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Last week we hosted a seminar on the implementation of IFRS 17 and the Solvency II 2020 review to an audience of senior actuaries and executives. In the first part of the session our experts Henny Verheugen and Sjoerd Brethouwer provided a comprehensive overview of the first results reported under the new IFRS17 regime. The second part, by Joost Broens and Lucian Franzky, delved into the Solvency II reforms. They discussed the timeline, legislation, and areas impacted by these reforms, providing valuable insights into the evolving landscape of insurance regulations. Please see the link or contact one of our colleagues to learn more. #IFRS17 #SolvencyII #InsuranceRegulations #FinanceSeminar Link https://lnkd.in/erAPDtEW

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🌟 Explore the Impact of a Hacktuary in Actuarial Science! 🌟 In our latest post, "Unveiling the Wizardry of a Hacktuary: Roles and Responsibilities," we delve into the pivotal roles and duties of Hacktuaries. These technological experts empower actuaries by converting intricate data into actionable insights through advanced model automation. Discover how Hacktuaries play a vital role in fostering data-driven decision-making in the actuarial realm. Delve deeper into the specifics and see if this career path resonates with you! 💬 We would love to hear your thoughts below! #Hacktuary #DataAnalytics #ActuarialScience #ModelAutomation #AnalyticsEngine

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Wow - what a review! Kudos to Willem de Klerk for always going above and beyond for his clients and prospective clients. We specialize in complex, hard to place risks. Reach out to work with an expert today. #realreviews #summit #insurance

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📗 PUBLICATION 📗 The paper "Boosting cost-complexity pruned trees on Tweedie responses: the ABT machine for insurance ratemaking" written by our Scientific Advisors Julien Trufin and Michel Denuit has been published in the Scandinavian Actuarial Journal. This paper proposes a new boosting machine based on forward stagewise additive modeling with cost-complexity pruned trees : ➡️ Get the article here: https://lnkd.in/ef8jS6Vf

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💬 Keynote speaker at the 10th edition of the Casablanca Insurance Rendezvous, Richard Weurding, General Director of the Dutch Association of Insurers, declared « I don’t believe that the insurance sector is solely responsible for climate change; rather, this responsibility is a collective one that extends beyond any single company or industry. Climate change is the result of a combination of factors contributing to the shifts we currently witness in our climate. However, this doesn’t absolve insurers of their responsibility to find and implement solutions to address climate change. On the contrary, we possess the knowledge, experience, and tools necessary to develop solutions that can help our clients mitigate damages, adapt, and maintain the insurability of climate-related risks. This underscores our societal role, which we fulfill responsibly. » ⬇️ Find the full intervention of Richard Weurding on “Insurance and the challenges of climate change in the Netherlands”. 🎥 https://lnkd.in/e3jWnqsE #RDVCA2024 #rdvcasassurance #assurance #FMA

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New research out of Europe shows the impact of IFRS 17 on P&C carriers. "Data from respondents show that although the introduction of IFRS 17 had varied impacts, it generally resulted in an increase of insurance liabilities and a consequent decrease in shareholders’ equity." #insurance

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I had the pleasure of presenting on "The Future of Insurance" at the EYe on Insurance event in Amsterdam last week. The discussion focused on how insurers can embrace risks to ensure profitable growth and it was fascinating to hear the perspectives of fellow speakers Rozan Dekker, Nicole Pijnenburg, Leonique Van Houwelingen, Loes Andringa and Rudrani Djwalapersad. Thanks all for your great insights and Parcifal van Overbeek for the excellent moderation!   Missed the event? Catch the key takeaways and highlights in this short video👇   #FinancialServices #Insurance #RiskManagement  

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Absolutely! Thank you Antonin Perrin and Danny Van Welkenhuyzen for sharing your knowledge on #cyberrisk #quantification, an ever evolving topic. See you in a few days! #risk #riskmanagement #resilience #security #cybersecurity #insurance #captive #captivemanagement #peoplerisks #travelrisks #esg #decisionmaking #cyberrisks #integratederm #grc #riskin24 #cfos #ai #airisk #geopolitics #crisismanagement #crisiscommunication #bridgingthesilos 

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The second webinar of our partner AKUR8's "Innovations in Actuarial Practices" series is now available! 💥 Last week, the series started with a webinar on "Actuarial Modernization" by Jennifer Jabben & Thomas Holmes, FCAS. In this session, you can learn about the obstacles faced by small or traditional actuarial teams and how these challenges can be transformed into opportunities. ➡ Watch it here: https://lnkd.in/eH2DVB9x Today, you can watch the second video in the series, "How to Build New Products Using Akur8," by Edwin Graham. This session delves into the complex process of pricing new products from the ground up, highlighting the strategies employed by insurance companies. Discover how to leverage diverse data sources and navigate the various stages of product development to achieve optimal pricing outcomes. ➡ Watch it here: https://lnkd.in/dij2HYiA #Pricing #InsurTech #Actuaries

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Today’s China Top Five: 💡 𝗔𝗴𝗲𝗮𝘀 𝗔𝗰𝗾𝘂𝗶𝗿𝗲𝘀 𝗧𝗮𝗶𝗽𝗶𝗻𝗴 𝗣𝗲𝗻𝘀𝗶𝗼𝗻 𝗦𝘁𝗮𝗸𝗲 Ageas Group will acquire a 10% stake in the pension unit of Taiping Insurance for RMB1.075bn through the issue of new shares. Ageas already holds stakes in Taiping Life, Taiping Asset Management and Taiping Reinsurance. The acquisition of 17.6% of CCB Pension by Principal Financial Group was used as a comparable in the pricing of this deal. 💡 𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝗽𝗽𝗲𝘁𝗶𝘁𝗲 𝗳𝗼𝗿 𝗢𝗻𝘀𝗵𝗼𝗿𝗲 𝗔𝘀𝘀𝗲𝘁𝘀 Global investors are showing renewed interest in Chinese assets, with significant capital inflows recorded in recent months. Data disclosed by SAFE showed that in April alone global investors net bought RMB125bn of onshore bonds and RMB45bn of onshore equities. 💡 𝗖𝗵𝗶𝗻𝗮 𝗘𝗻𝗴𝗮𝗴𝗲𝘀 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗲 𝗥𝗼𝗮𝗱𝘀𝗵𝗼𝘄𝘀 CSRC will address investors in Paris and London at roadshows hosted by Shanghai Stock Exchange and Shenzhen Stock Exchange, accompanied by senior officials from key financial bodies. Executives from 15 Chinese-listed companies will also participate. The regulator hosted similar meetings with global firms last year – including one in Hong Kong in August. 💡 𝗮𝗯𝗿𝗱𝗻 𝗔𝗱𝗱𝘀 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗙𝗶𝗿𝗲𝗽𝗼𝘄𝗲𝗿 abrdn hired Zheng Dong from Ping An Bank Co., Ltd. as Associate Director of Wholesale. While at Ping An Bank, Zheng was Overseas Investment Product Manager, responsible for product selection, distribution planning and HNW advisory for funds through programs such as QDLP and QDII. abrdn recently launched two new QDLP products. 💡 𝗦𝗵𝗮𝗻𝗴𝗵𝗮𝗶 𝗙𝗧𝗭 𝗖𝗿𝗼𝘀𝘀-𝗕𝗼𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗮 𝗜����𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲 The Shanghai (Shanghai) Free Trade Zone's Lingang New Area released the first batch of general data inventory and operational guidelines. The initiative spans three key sectors: smart connected vehicles, mutual funds, and biopharmaceuticals. The released general data inventory aims to address challenges related to identifying critical data and ensuring compliance in data flow.   #chinatopfive #zbenadvisors #assetmanagement #mutualfunds #ETFs #china #financialnews

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💡 Are you interested in finding out more about some of the topics #actuaries play a crucial part in? These latest #plenary #recordings from the #European #Congress of Actuaries in #Rome on our partner platform actuview will give you a peek into the exctiting universe of #actuarial #work 🔎 Our tip: Registration is not required to watch these plenaries! Feel free to browse the upgraded actuview platform! ▶ Plenary II: #Roundtable on 'The Strategic Role of Actuaries' 📽 https://lnkd.in/es2GGEav ▶ Plenary III: #Discussion on 'The Role of Actuaries in #Insurance' 📽 https://lnkd.in/eWmENnqY ▶ Plenary IV: Discussion on 'The Role of Actuaries in #Risk #Management' 📽 https://lnkd.in/edPzrzPP #ECA2024 #ActuarialCareer

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Carbon Insurance x3 at The Geneva Association earlier today w/Natalia Dorfman and Coenraad Vrolijk A theme throughout the day's conversations was around the speed and urgency of our actions that is required to aid the climate transition. And that this could only be done through collaboration. Multi disciplinary skills, coming together at all stages of carbon projects development and with insurance people working together to find solutions. I leave hopeful when reconvening in 5 years time its Carbon Insurance x50. #carboninsurance #netzero Kita, CarbonPool and Oka, The Carbon Insurance Company™

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Actuarial software automates many aspects of the actuarial process, including data analysis, modelling, and reporting. We significantly increases efficiency by reducing the time and effort required to perform complex calculations manually. MGAs can process large volumes of enabling speed and accuracy and therefore better decisions in a more timely manner

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Do you want to develop your business in the Netherlands? Doing business abroad brings new opportunities but also new risks. Discover our last report on risks and opportunities in the Netherlands. Discover our country report: https://ow.ly/xQLp50S6shU #allianz #allianztrade #business #netherlands

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📈 𝗗𝗲𝗹𝘃𝗲 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗼𝗳 𝗦𝗼𝗹𝘃𝗲𝗻𝗰𝘆 𝗜𝗜 𝘄𝗶𝘁𝗵 𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝘁𝗿𝗮𝗶𝗻𝗶𝗻𝗴 𝗽𝗿𝗼𝗴𝗿𝗮𝗺! Explore how Solvency II shapes insurers' business models and ensures financial stability under various scenarios. 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗰𝗼𝗺𝗽𝗼𝗻𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗶𝗻𝘁𝗲𝗿𝗮𝗰𝘁𝗶𝗼𝗻𝘀 within Solvency II, illustrated with real-life examples from both General and Life insurers. Don't miss this 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝘁𝗼 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝘆𝗼𝘂𝗿 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝗼𝗳 𝗦𝗼𝗹𝘃𝗲𝗻𝗰𝘆 𝗜𝗜 and its implications for insurers! 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗘𝘅𝗽𝗲𝗿𝘁 | Michael Stafferton 𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 | https://buff.ly/3Wdox8v #SolvencyII #InsuranceRegulation #FinancialStability

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𝗜𝘀 𝗦𝗼𝗹𝘃𝗲𝗻𝗰𝘆 𝗜𝗜 𝗥𝗲𝗮𝗱𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲? Solvency II, the EU's insurance regulatory framework, plays a vital role in protecting policyholders. But a key question remains: can Solvency II's models adapt to our ever-changing economic landscape? Recent changes highlight the sensitivity of Solvency II interest rate risk models to fluctuating conditions. This raises concerns about their accuracy and the need for frequent recalibration to maintain effectiveness. 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗶𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀? • 𝗘𝗻𝘀𝘂𝗿𝗶𝗻𝗴 𝗣𝗼𝗹𝗶𝗰𝘆𝗵𝗼𝗹𝗱𝗲𝗿 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻: Regular model adjustments might be necessary to safeguard policyholders in the face of evolving risks. • 𝗕𝗮𝗹𝗮𝗻𝗰𝗶𝗻𝗴 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆: Finding the right balance between a robust framework and adaptability to changing market conditions is crucial. • 𝗧𝗵𝗲 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻:  Can technological advancements improve the responsiveness and accuracy of interest rate risk models? Do risk models require more flexibility to adapt to future economic scenarios? Share your thoughts in the comments! Interested in learning more? Check out our recent article on Solvency II interest rate risk model validation: https://lnkd.in/eAnpNeBk #SolvencyII #InsuranceRegulation #FinancialStability #RiskManagement #InterestRateRisk

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