Asset Liability Management for Insurance companies

Course Code: PRO1049
School: ProTrain Online

Description

The program has been designed to discuss concepts and case studies on Asset Liability Management for the insurance industry. The course discusses and reviews ALM concepts such as cash flows and risks of insurance products (assets and liabilities), applicable regulatory and capital guidelines, actual case studies and current trends and developments. The course has been designed to be conceptually sound and practical.

Course Topics:

Scope of ALM

Overview of ALM in Insurance Companies

A 9 part Framework of ALM

Strategies for ALM

Overview of Life and Property and Casualty Industry

Annuities

Actuarial Principles

Reinsurance

Insurance-linked Securitization

Yield Curve Analysis

Interest Rate Gap

Interest Rate Gap

Simulation and Scenario Analysis

Simulation and Scenario Analysis

Duration

Convexity

Basis Point Value

Value at Risk

Application of Analytical Techniques

AL Organization

ALCO Meetings

ALM Policies and Procedures

Audit of ALM

Regulations in Insurance Industry

Software Applications

Case Study - Confederation Life Insurance

Outcomes

After completing this course you will be able to:

• Benchmark your institution by examining ALM success factors
• Understand key performance indicators for ALM and Risk Management
• Gain practical insights into how leading institutions are utilizing ALM for value creation
• Examine how cash flows and risks of insurance products affect ALM
• Discuss the global best practices in ALM followed by insurance companies worldwide
• Examine how to provide optimal oversight of the Risk Management function
• Study how to enhance the effectiveness of ALM Committees

Assessment

I'd Like To Enroll In This Course   $600.00