Austrian Actuarial Society
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Austrian Actuarial Society
The Austrian Actuarial Society (german: Aktuarvereinigung Österreichs, AVÖ) is the association of actuaries in Austria. The Society was established in 1971. It is a full member of the International Actuarial Association and the Groupe Consultatif The Actuarial Association of Europe (AAE) was established in 1978 as Groupe Consultatif des Associations d'Actuaires des Pays des Communautés Européennes (GC)renamedto Groupe Consultatif Actuariel Européen in 2002, angiven its present nameon Ja .... The Society has more than 500 members, 367 of them fully qualified. Current president of the Society is Hartwig Sorger (since 26 June 2020. Past presidents * Heimo Nabl (1971–1985) * Ernst Kompast (1986 to 8 April 1992) * Eduard Wimmer (8 April 1992 to 31 December 1998) * Helmut Holzer (1 January 1999 to 12 May 2005) * Klaus Wegenkittl (12 May 2005 to 14 May 2008) * Christoph Krischanitz (14 May 2008 to 12 June 2014) *Manfred Rapf (12 June 2014 to 26 June 2020) References External ...
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Actuary
An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. While the concept of insurance dates to antiquity, the concepts needed to scientifically measure and mitigate risks have their origins in the 17th century studies of probability and annuities. Actuaries of the 21st century require analytical skills, business knowledge, and an understanding of human behavior and information systems to design and manage programs that control risk. The actual steps needed to become an actuary are usually country-specific; however, almost all processes share a rigorous schooling or examination structure and take many years ...
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Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. A landlocked country, Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has a population of 9 million. Austria emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. After the dissolution of the H ...
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International Actuarial Association
The International Actuarial Association (IAA) is a worldwide association of local professional actuarial associations. History The IAA is the continuation of the ''Comité Permanent des Congrès d’Actuaires'', established in 1895, as an association of individuals. It was renamed the IAA in 1968. At the 26th International Congress of Actuaries, held in Birmingham on 7–12 June 1998, the General Assembly of the International Actuarial Association restructured itself. The restructure created a single unified framework to ensure unity of direction and efficient coordination with respect to issues of a worldwide nature. The major responsibilities of the IAA are now in the hands of the actuarial associations, which bring together the actuaries in their respective countries and is the link between the actuaries and the actuarial associations worldwide. The IAA is the unique international organization dedicated to the research, education and development of the profession and of actua ...
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Groupe Consultatif
The Actuarial Association of Europe (AAE) was established in 1978 as Groupe Consultatif des Associations d'Actuaires des Pays des Communautés Européennes (GC)renamedto Groupe Consultatif Actuariel Européen in 2002, angiven its present nameon January 1, 2014. Its purpose is to provide advice and opinions to the various organisations of the European Union – the Commission, the Council of Ministers, the European Parliament, EIOPA and their various committees – on actuarial issues in European legislation. The AAE currently has 37 member associations in 35 European countries, representing over 20,000 actuaries. Advice and comments provided by the AAE on behalf of the European actuarial profession are totally independent of industry interests. Member associations Full members: * Austrian Actuarial Society * Institute of Actuaries of Belgium * Bulgarian Actuarial Society * Channel Islands Actuarial Association * Croatian Actuarial Association * Cyprus Association of Act ...
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