Program Description

Building on the concept of Economic Capital as presented in the June 2009 webinar “Economic Capital 101 – A Primer on Economic Capital Issues for P.C. Insurers”, this session will first review the basic concepts and then focus on some of the challenges in aggregating risks from across the business and allocating diversified capital back to those business units. We will also discuss senior management’s uses of economic capital, specifically touching on the role of modeling in the firm’s Risk Appetite processes.
(While this webinar builds on EC 101, it is NOT a prerequisite, and a working knowledge of economic capital will NOT be assumed.)

Intended Audience

This session will be of greatest value to those who appreciate, that without capital allocation, economic capital cannot be used effectively in making business decisions, and those that have faced the challenges in allocating capital.

**Tom and Matt presented the webinar “Economic Capital 101 – A Primer on Economic Capital Issues for P.C. Insurers” on June 4, 2009.