'Model risk' presentation slideshows

Modeling Reserve Variability

Modeling Reserve Variability. November 13, 2007 Mark R. Shapland, FCAS, ASA, MAAA Louise A. Francis, FCAS, MAAA. Overview. Definitions of Terms Ranges vs. Distributions Methods vs. Models Types of Methods/Models Advantages of Distributions Diagnostic Testing. Definitions of Terms.

847 views • 75 slides

[ ChApter 8]

564 views • 46 slides

Impacts of the New Pricing Paradigm on the Life of an Option Trader

Impacts of the New Pricing Paradigm on the Life of an Option Trader. London - September 2013. Modelling Derivatives In finance there is no such thing as an experiment Model Risk / Model Uncertainty. Why / When should we change the model?.

846 views • 44 slides

How to manage the risk of Economic Capital

How to manage the risk of Economic Capital. Pricing Model Validation 9th - 11th September 2013 London, UK. This document presents the views of its author that are not necessarily those of its employer. Agenda. 2. The Risks of Risk Models How to Validate Economic Capital. Background. 3.

554 views • 39 slides

Background

International Financial Reporting Standards Applied to Property and Casualty Insurance presented to OCCA by Jim Christie November 2004. Cross-border capital flows highlight the need for consistent, understandable financial information BUT insurance accounting has significant local variations

570 views • 33 slides

Background

International Financial Reporting Standards Applied to Property and Casualty Insurance presented to OCCA by Jim Christie November 2004. Cross-border capital flows highlight the need for consistent, understandable financial information BUT insurance accounting has significant local variations

561 views • 33 slides

Risk and Credibility Assessments for Computational Modeling of Medical Devices

Risk and Credibility Assessments for Computational Modeling of Medical Devices. Tina Morrison, PhD tina.morrison@fda.hhs.gov Advisor of Computational Modeling Office of Device Evaluation, FDA Vice Chair ASME V&V40 Subcommittee Member MDIC CM&S Steering Committee.

380 views • 30 slides

432 views • 29 slides

Chapter 3: The Decision Usefulness Approach to Financial Reporting

Chapter 3: The Decision Usefulness Approach to Financial Reporting. Francis Moniz, Catherine Koene , Josh Proksch , James Wells, Pamela Feldkamp , Lorcan Duffy. The Decision Usefulness Approach. Contrasted by stewardship Two questions: Identifying constituencies Decision problems

462 views • 24 slides

349 views • 23 slides

How Wrong is your Model? Efficient Quantification of Model Risk

350 views • 23 slides

How Wrong is your Model? Efficient Quantification of Model Risk

309 views • 23 slides

Pricing Model Risk & Control

Pricing Model Risk & Control. Ragveer Brar Valuation & Controls Team September 2013. The views expressed in this presentation are personal and do not necessarily reflect those of BoE or PRA. Contents. The Role of Models in Derivative Pricing Front to Back Valuation of Derivatives

212 views • 21 slides

Quantifying Model Specification Risk in Practice

197 views • 19 slides

Management of Asset Risk - II CM - 19 Risk & Capital Management Seminar - 9 July 2002

I N S U R A N C E A S S E T M A N A G E M E N T. Management of Asset Risk - II CM - 19 Risk & Capital Management Seminar - 9 July 2002. Types of risk. Do I have the correct strategy? Model Risk Strategic Allocation Can I implement the strategy? Process Risk Tactical Allocation.

313 views • 16 slides

Assessing Model Risk in Practice

Assessing Model Risk in Practice. Model Risk in Credit Scoring, Imperial College 28 th September 2012. Alan Forrest. RBS Group Risk Analytics Independent Model Validation. Vfinal 260912. Assessing Model Risk in Practice. Disclaimer. Disclaimer

336 views • 15 slides

Impact of Financial Crisis on D&O

Impact of Financial Crisis on D&O. 15 September 2009. Lessons Learned. We need to improve risk management practices for D&O insurance exposure We need better models and better understanding of models, particularly understanding of limitations of models.

153 views • 15 slides

Charles Littrell Executive General Manager Australian Prudential Regulation Authority 17 October 2003

Charles Littrell Executive General Manager Australian Prudential Regulation Authority 17 October 2003. BASEL II In the Australian Context. What is Basel II?. International Accord on minimum Bank Capital Established 1988 but becoming obsolete Still works for simple ADIs

217 views • 12 slides

Model Validation

A new approach to model risk control.

101 views • 8 slides

RISK ASSESSMENT

287 views • 6 slides