{"id":1507,"date":"2016-07-13T11:39:15","date_gmt":"2016-07-13T11:39:15","guid":{"rendered":"http:\/\/www.ub.edu\/riskcenter\/?page_id=1507"},"modified":"2017-03-12T19:33:41","modified_gmt":"2017-03-12T19:33:41","slug":"birmss-2011","status":"publish","type":"page","link":"https:\/\/www.ub.edu\/riskcenter\/birmss-2011\/","title":{"rendered":"BIRMss 2011"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-fullwidth-1  fusion-parallax-none nonhundred-percent-fullwidth\" style=\"border-color:#eaeaea;border-bottom-width: 0px;border-top-width: 0px;border-bottom-style: solid;border-top-style: solid;padding-bottom:40px;padding-top:40px;padding-left:40px;padding-right:40px;background-color:#ffffff;\"><style type=\"text\/css\" scoped=\"scoped\">.fusion-fullwidth-1 {\n                            padding-left: 40px !important;\n                            padding-right: 40px !important;\n                        }<\/style><div class=\"fusion-row\"><div class=\"fusion-title title fusion-title-center fusion-title-size-one\" style=\"margin-top:0%;margin-bottom:30px;\"><div class=\"title-sep-container title-sep-container-left\"><div class=\"title-sep sep-single\"><\/div><\/div><h1 class=\"title-heading-center\">\n<h2>Barcelona Insurance and Risk Management Summer School 2011.<\/h2>\n<\/h1><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep-single\"><\/div><\/div><\/div><div class=\"imageframe-align-center\"><span class=\"fusion-imageframe imageframe-none imageframe-1 hover-type-none\"> <img decoding=\"async\" src=\"http:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/grup2011.jpg\" alt=\"\" class=\"img-responsive\"\/><\/span><\/div><p>&nbsp;<\/p>\n<p>The <strong>BIRMss<\/strong> is the yearly event held at Riskcenter. In 2011, the <strong>Summer School<\/strong> is composed of three courses:<\/p>\n<div class=\"fusion-content-boxes content-boxes columns fusion-columns-1 fusion-columns-total-3 fusion-content-boxes-1 content-boxes-icon-with-title row content-left\" data-animationOffset=\"100%\" style=\"margin-top:0px;margin-bottom:0px;\"><style type=\"text\/css\" scoped=\"scoped\">.fusion-content-boxes-1 .heading h2{color:#191919;}\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover .heading h2,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover .heading .heading-link h2,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover .heading h2,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover .heading .heading-link h2,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover.link-area-box .fusion-read-more,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover.link-area-box .fusion-read-more::after,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover.link-area-box .fusion-read-more::before,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .fusion-read-more:hover:after,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .fusion-read-more:hover:before,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .fusion-read-more:hover,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover.link-area-box .fusion-read-more,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover.link-area-box .fusion-read-more::after,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover.link-area-box .fusion-read-more::before,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover .icon .circle-no,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover .icon .circle-no {\n\t\t\t\tcolor: #ff8d61 !important;\n\t\t\t}\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .heading-link:hover .icon i.circle-yes,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box:hover .heading-link .icon i.circle-yes,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-link-icon-hover .heading .icon i.circle-yes,\n\t\t\t.fusion-content-boxes-1 .fusion-content-box-hover .link-area-box-hover .heading .icon i.circle-yes {\n\t\t\t\tbackground-color: #ff8d61 !important;\n\t\t\t\tborder-color: #ff8d61 !important;\n\t\t\t}<\/style><div class=\"fusion-column content-box-column content-box-column-1 col-lg-12 col-md-12 col-sm-12 fusion-content-box-hover content-box-column-last-in-row\"><div class=\"col content-wrapper link-area-box icon-hover-animation-fade\" style=\"background-color:rgba(255,255,255,0);\"><div class=\"heading icon-left\"><h2 class=\"content-box-heading\" style=\"font-size: 23px;line-height:28px;\">June, 13-14th, 2011<\/h2><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"content-container\" style=\"color:#707070;\">\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2260\" src=\"http:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/katrien.jpg\" alt=\"\" width=\"399\" height=\"265\" srcset=\"https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/katrien-200x133.jpg 200w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/katrien-300x200.jpg 300w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/katrien-400x266.jpg 400w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/katrien.jpg 448w\" sizes=\"(max-width: 399px) 100vw, 399px\" \/>The Barcelona Insurance and Risk Management Summer School to be held in 2011 will be devoted to Financial and Insurance Applications of Markov Chains. It is a two-day workshop on the fundamentals of discrete processes and applications to finane, risk management and insurance. The invited intensive seminar will be given by Prof. Jean Lemaire from the <a href=\"http:\/\/www.wharton.upenn.edu\/faculty\/lemaire.cfm\">Wharton School<\/a> (University of Pennsylvania). the Summer School is organized by RFA-IREA and it is sponsored by the Spanish Ministry of Science \/ FEDER.<\/div>\n<p>In parallel to this central seminar two additional short courses are organized in two highly relevant topics:<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.ub.edu\/rfa\/summer_school\/BIRMss_2011_claims_reserving_methods.html\" target=\"_blank\">\u2018Claims Reserving Methods in General Insurance: state-of-the-art and recent developments\u2019 given by Dr. Katrien Antonio (University of Amsterdam and K.U.Leuven), April 26-27, 2011.<\/a><\/p>\n<p><a href=\"http:\/\/www.ub.edu\/rfa\/summer_school\/BIRMss_2011_computational_statistics.html\" target=\"_blank\">\u2018Computational Statistics\u2019 given by Dr. Dimitris Karlis (Athens University of Economics and Business), July 4-8, 2011.<\/a><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"fusion-column content-box-column content-box-column-2 col-lg-12 col-md-12 col-sm-12 fusion-content-box-hover content-box-column-last-in-row\"><div class=\"col content-wrapper link-area-box icon-hover-animation-fade\" style=\"background-color:rgba(255,255,255,0);\"><div class=\"heading icon-left\"><h2 class=\"content-box-heading\" style=\"font-size: 23px;line-height:28px;\">Summary<\/h2><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"content-container\" style=\"color:#707070;\">\n<div class=\"intro-txt\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2258\" src=\"http:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011.jpg\" alt=\"\" width=\"251\" height=\"167\" srcset=\"https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011-200x133.jpg 200w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011-300x200.jpg 300w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011-400x266.jpg 400w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011.jpg 448w\" sizes=\"(max-width: 251px) 100vw, 251px\" \/>This seminar first will cover Poisson processes and extensions that are useful in modeling insurance claim counts.\u00a0 Then the theory of discrete Markov Chains will be developed, leading to numerous practical examples of applications in insurance, finance, and medical sciences.\u00a0 Examples include: 1. Bonus-Malus Systems in automobile insurance, including a full analysis of a Spanish system; 2. A credit scoring model; 3. A model for genetic diseases; 4. Adverse selection in insurance due to genetic testing; 5. A model for cash flows in a retirement community.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2259\" src=\"http:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011_2.jpg\" alt=\"\" width=\"252\" height=\"167\" srcset=\"https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011_2-200x133.jpg 200w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011_2-300x200.jpg 300w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011_2-400x266.jpg 400w, https:\/\/www.ub.edu\/riskcenter\/wp-content\/uploads\/2016\/07\/aula2011_2.jpg 448w\" sizes=\"(max-width: 252px) 100vw, 252px\" \/>The seminar is designed for actuarial and statistics students, as well as practicing actuaries.\u00a0 Insurance professionals and future actuaries will learn new models to apply to their fields.\u00a0 Students majoring in statistics may find in this seminar an intriguing blend of practical applications of stochastic processes.<\/p>\n<p>While every effort will be made to make the seminar self-contained, a pre-requisite is some basic knowledge of probability and statistics, typically covered in a two-semester undergraduate statistics course.\u00a0 The seminar will include two hands-on computer sessions, during which students solve in small groups a cash flow problem, and study a Spanish bonus-malus system using Excel.\u00a0 Participants are welcome to bring their own laptops.\u00a0 The material will be illustrated by numerous practice questions from past actuarial exams.\u00a0 Class material, consisting in a study note about Markov Chains, an article on bonus-malus systems, and a package of past exam questions, will be distributed at the start of the seminar<\/p>\n<\/div>\n<\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"fusion-column content-box-column content-box-column-3 col-lg-12 col-md-12 col-sm-12 fusion-content-box-hover content-box-column-last content-box-column-last-in-row\"><div class=\"col content-wrapper link-area-box icon-hover-animation-fade\" style=\"background-color:rgba(255,255,255,0);\"><div class=\"heading icon-left\"><h2 class=\"content-box-heading\" style=\"font-size: 23px;line-height:28px;\">Academic information<\/h2><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"content-container\" style=\"color:#707070;\">\n<div>The seminar will be taught in English by Prof. Jean Lemaire, Director of the Actuarial Science Program at the Wharton School.\u00a0 Dr. Lemaire has published over 100 articles in non-life actuarial science.\u00a0 His books \u201cAutomobile Insurance\u201d and \u201cBonus-Malus Systems in Automobile Insurance\u201d have won insurance \u201cBook-of-the-Year\u201d awards both in Europe and the US, and have been translated in Mandarin, Japanese, Korean, Russian, French, and Spanish.\u00a0 Dr. Lemaire has taught this and other seminars in over 60 countries around the world.\u00a0 He is an Honorary Chairman of ASTIN, the non-life section of the International Actuarial Association.\u00a0 In 2008, he was voted best Professor of the Wharton School.<\/div>\n<p>Schedule<\/p>\n<p>Day 1: 9am &#8211; 2pm<br \/>\nDay 2: 9am &#8211; 2pm<\/p>\n<p>Reading list<\/p>\n<p>A reading list will be distributed to all participants in advance<\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/pages\/1507"}],"collection":[{"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/comments?post=1507"}],"version-history":[{"count":6,"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/pages\/1507\/revisions"}],"predecessor-version":[{"id":2267,"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/pages\/1507\/revisions\/2267"}],"wp:attachment":[{"href":"https:\/\/www.ub.edu\/riskcenter\/wp-json\/wp\/v2\/media?parent=1507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}