Seminar 2, 12 June 2012, London

	Seminar 2: Operational risk quantification and measurement for insurance companies
8:30	Registration and breakfast
9:00	Regulatory update: operational risk and Solvency II Andreas (Andy) Jobst, Chief Economist, BERMUDA MONETARY AUTHORITY
10:30	Morning break
11:00	I) Survey of operational risk in insurance supervision II) Operational risk modelling in insurance Andreas (Andy) Jobst, Chief Economist, BERMUDA MONETARY AUTHORITY
12:30	Lunch
1:30	Setting operational risk appetite for insurance companies Speaker to be confirmed
3:00	Afternoon break
3:30	Demonstrating value to the enterprise Speaker to be confirmed
5:00	End of workshop

Speaker biographies:

Andy Jobst is currently Chief Economist of the Bermuda Monetary Authority (BMA). Prior to his appointment he spent the last six years as mid-career economist at the Monetary and Capital Markets Department (MCM) of the International Monetary Fund (IMF). His work focuses on macro prudential policy and risk measurement, capital market issues (esp. structured finance), and financial regulation. As a member of IMF Article IV missions he has been responsible for the financial sector coverage of several large mature and emerging market economies. He has developed and completed the stress tests for the IMF's Financial Stability Assessment Program (FSAP) of Germany, the United Kingdom and the United States. Andy was also one of the main authors of the Global Financial Stability Report (GFSR) and contributor to the Early Warning Exercise (EWE) of the Financial Stability Board (FSB).
Andy has published more than 25 articles in peer-reviewed journals and 10 book chapters. He holds a PhD in Finance from the London School of Economics (LSE).