Michael Koller at #RAW2022 – Using Markov Chain decision trees to mitigate risk, case study in Python

The aim is to provide to the audience a tool to define risk mitigation strategies based on Markov chain decision trees. This is an extension of Thiele difference equation. The talk involves theory, example and implementation in python. Example you have a disability insurance and options (at a monetary cost) to reintegrate people in the working process. Which spend is optimal? This concept is easily extendible to a variety of questions.

https://2022.riskawarenessweek.com/talks/using-markov-chain-decision-trees-to-mitigate-risk/

ABOUT THIS SPEAKER

PhD in Mathemstics; Professor; Pension Scheme expert and actuary – Lecturer at ETH Zurich since 1995 – CRO at Swiss Life 1993-2004 – Chief Regulatory officer at Swiss Re 2005-2006 – Chief Actuary Partner Re 2006- 2007 -CRO at AVIVA Europe 2007-2011 – Risk Director at Prudential plc 2011-2020 – CRO at Amlin AG since 2021 – NED Sanitas and Sabre

RISK-ACADEMY offers online courses

sample85
+ Buy now

Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

149,9949,99
sample85
+ Buy now

ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

199,9949,99
sample85
+ Buy now

Управление рисками

В этом коротком и очень увлекательном курсе, Алексей Сидоренко расскажет о причинах внедрения риск менеджмента, об особенностях принятия управленческих решений в ситуации неопределенности и изменениях в новом стандарте ИСО 31000:2018.

49,9919,99

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.