This is the fourth global webinar on risk management entitled "ERM - an economic sustainability proposition". This program is a mix of backward and forward looking subjects as actuarial colleagues across the globe seek to develop the science and understanding of the factors that are likely to influence the business and professional environment in the future. The programs in each region is a mix of technical and qualitative dissertations dealing with subjects as diverse as regulatory reform, strategic and operational risks, on the one hand, and the modeling on tail risks and implied volatility surfaces, on the other. For the first time, each of the regional programs will have presentations from speakers from the other two regions on subjects that have particular relevance to their markets. The European and African region includes a live panel of ERM experts from the European Insurance industry who discuss the current Hot Topics in ERM. Additionally the following topics are also covered:
Identifying the Operational Failures Underlying the Global Financial Crisis
ERM for strategic and emerging risks working party
Corporate, product and distribution strategies in the European insurance industry
A Cost of Capital Approach to Extrapolating and Implied Volatility Surface
Measurement and modelling of dependencies in economic capital
Modelling Tail Events
A Comparison of Methods for Modelling Rates of Withdrawal from Insurance Contracts