Solvency Analysis, 5 ECTS

The Department of Mathematics at Åbo Akademi University, The Insurance Supervisory Authority (ISA) and the Open University at Åbo Akademi University offer a course on Solvency Analysis during the spring of 2008.

The course consists of two parts: An introductory part (16 h + 6 h exercises) given by Ph.Lic. Margrét Halldórsdóttir covering the necessary theory for the second part and exercise sessions. The second part consists of 5 different lectures (16 h) on Solvency given by the following lecturers from the Insurance Supervisory Authority: Lasse Koskinen, Raoul Berglund, Vesa Ronkainen and Laura Koskela.

The second part can also be seen as an independent series of lectures

The exact time-table for the whole course can be seen at



The lectures will be given in English.

Venue: Åbo Akademi, Department of Mathematics, Fänriksgatan 3 B, 20500 Turku

The course will start on Friday, February 29, at 4.30 p.m.


The emphasis of the course will be on the modeling and estimation of an Insurance Company's solvency. Different types of risk and their effect on the Company's solvency will be discussed. We recommend the course for all those interested in the Insurance World and the changes in modeling, taxation and rules which arise because of the new Solvency System. The course should be of great use for those who aim for the SHV/SGF Actuarial Exam.

Prerequisite Courses: Probability Theory, Cum Laude in Mathematics

Please register to:



Registration is open from 10.12.2007 and the Deadline is Friday 15.2.2008. The course fee is 35 €.

An obligatory participation in both parts of the course is required of those who want to receive study points.

For further information please contact: Margret Halldorsdottir, firstname.lastname@abo.fi