The Actuarial Society of Finland

The Foundation for Promotion of the Actuarial Profession 

The Foundation for the Promotion of the Actuarial Profession was founded on the surplus of the 23rd International Congress of Actuaries, Helsinki 1988. The purpose of the Foundation is to promote research and educational activities in the actuarial field, which includes, besides actuarial mathematics, actuarial matters relating to investment activities, accounting and internationalization of the insurance industry. In order to promote its aims, the Foundation gives support to educational and research activities, organizes seminars, and supplies grants to individuals and organizations.

The Board of the Foundation consists of the Board of the Actuarial Society of Finland reinforced by two members, elected for a three-year period by the General Meeting of the Society on nomination by the Federation of Finnish Financial Services. These are (February 2007) Mr. Inna Aaltonen and Esko Kivisaari from the Federation of Finnish Financial Services.

Along with grants, the Foundation is responsible for the portion of the costs of the Scandinavian Actuarial Journal allocated to the Finnish Society. The most important activity is the yearly Autumn Seminar, the subjects of which have been as follows:

• 29.11.2007 Securization of Risks
• 29.11.2006 Who If Anyone Can Manage the Risks of an Insurance Company
• 02.11.2005 Actuary and Climate Change
• 17.11.2004 ALM-tools in Insurance Industry -- A Philosphers’ stone found?
• 19.11.2003 Solvency requirements to be harmonized? (pdf)
• 07.11.2002 IAS-Standards and Insurance Industry
• 15.11.2001 Alternative Risk Transfer -- a Threat or Opportunity for the Insurance Companies?
• 14.11.2000 New investment instruments -- Investment Risks Increase and Diversify -- Risks Lurk Round the Corner
• 23.11.1999 IAS or proposal for International Account Standards
• 18.11.1998 On Profitability of Life Insurance Activities
• 20.11.1997 The Effects of the Weather on Insurance Activities
• 21.11.1996 Means for Safeguarding the Rights of Insured Persons
• 22.11.1995 Supervision of Insurance Companies
• 23.11.1994 Seminar on Pensions
• 22.11.1993 From a Closed to an Open Insurance Market

 Besides these, the Foundation has organized seminars and lectures as follows:

• 11.1.-22.3.1993 Seminar on Financial Matters
• 10.3.-14.5.1992 Seminar on Actuarial Mathematics (jointly with the Rolf Nevanlinna Institute)
• 20.-21.8.1991 Stochastic Models in Finance and Life Insurance
• 15.10.1990-22.1.1991 National Economics for Actuaries

Updated 30 Jul 2010

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