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Please choose TANC as your preferred regional society
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The IFoA provides £5 per annum for every IFoA member who selects a preferred regional community. Your vote and the IFoA's support will enable TANC to continue providing great events with varied speakers and networking refreshments, all free of charge!
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So please choose TANC - it's very easy to do and will only take you a few minutes:
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Login to your IFoA account
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Click on “My Account”
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Click on "Manage My Preferences"
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Click on “Update My Regional Society”
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Under “Regional Society”, select “The Actuarial Network at City (TANC)”
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Click the “Save” button
Next Event
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Parametric Insurance: a coverage wanted and needed
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By Dr Alin Radu, Berkshire Hathaway Specialty Insurance (BHSI)
18 February 2025
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Parametric insurance indemnifies losses suffered by the insured with a predefined amount when a loss-causing event parameter exceeds or falls short of a pre-established threshold. Dr Alin will focus on the fundamentals of natural catastrophe (CAT) parametric insurance, including a brief introduction to CAT models and the importance of transparent data and analytics in building reliable parametric risk-transfer solutions. The discussion will be supported with real-market examples.
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About the speakers:
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Dr Alin Radu is the Head of Parametric Insurance for the Europe Region at Berkshire Hathaway Specialty Insurance’s (BHSI) and AVP of Catastrophe Engineering and Analytics. Alin has more than 10 years of experience in CAT modelling and parametric insurance.
He has a PhD in Applied Probability and Statistics from Cornell University, and MSc and BSc degrees in Structural Engineering from City University of London and Technical University of Civil Engineering in Bucharest. He was also awarded the European Commission’s Marie Curie Individual Fellowship, to continue his research into uncertainty quantification and extremes in risk models at the University of Bristol.
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Event details:
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Venue: Room LG002, Bayes Business School (formerly Cass), 106 Bunhill Row, London, EC1Y 8TZ
​​Date: Tuesday 18th February 2025
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Agenda:
18:00 - 18:30 Registration
18:30 - 20:00 Presentation followed by Q&A
20:00 - 21:00 Networking over nibbles and drinks