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Asset Liability Management for Insurance companies

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

    course quick facts
    course code PRO1049
    cost $600.00
    estimated time to
    complete course
    58 Hours
    course materials
    available
    3 Months

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