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X-WR-CALDESC:Events for The Lime Street Guide
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DTSTART:20180325T010000
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DTSTART:20181028T010000
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DTSTART;TZID=Europe/London:20181122T093000
DTEND;TZID=Europe/London:20181122T110000
DTSTAMP:20260827T135843
CREATED:20181112T231415Z
LAST-MODIFIED:20181112T231415Z
UID:47962-1542879000-1542884400@www.limestreetguide.com
SUMMARY:Demystifying basic statistical concepts used within the insurance industry
DESCRIPTION:This LMA masterclass will provide an introduction to basic statistical concepts and their application to insurance pricing\, reserving and capital modelling. \nThe presentation will address common misconceptions about terminology widely used in insurance such as ‘the 1-in-200 event. \nAfter attending this masterclass\, attendees will have a better understanding of how statistics are used within an insurance framework. \nThe following concepts will be explored: \n • randomness and probabilities within the insurance framework\n • the cornerstone of insurance rating\n • probability models\n • from loss cost to premium\n • risk and the concept of volatility\n • premium vs capital requirements\n • percentiles and Value-at-Risk (VaR)\n • understanding the so called 1-in-x year event within the context of risk and capital requirements. \nSpeaker: \nAna Mata\nUnderwriting & Actuarial Consultant\, Trainer & Researcher\, MatBlas Limited \n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://www.limestreetguide.com/event/demystifying-basic-statistical-concepts-used-within-the-insurance-industry/
LOCATION:The Old Library\, Lloyd’s of London\, One Lime Street\, London\, EC3M 7HA\, United Kingdom
CATEGORIES:Education & Training
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GEO:51.512999;-0.082006
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=The Old Library Lloyd’s of London One Lime Street London EC3M 7HA United Kingdom;X-APPLE-RADIUS=500;X-TITLE=One Lime Street:geo:-0.082006,51.512999
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