Evaluation of technical provisions and solvency capital requirement for life insurance

Mestrado em Ciências ActuariaisNa prossecução do objetivo de garantir a solidez financeira de uma empresa de seguros, é um passo fundamental assegurar que as Provisões Técnicas e o Requisito de Capital de Solvência calculados pela seguradora correspondem adequadamente às suas obrigações e riscos a que se encontra exposta. O novo regime Europeu de solvência, Solvência II, trouxe novos desafios e implicou uma análise profunda aos valores detidos pelas seguradoras. Este relatório decorre de um estágio na Autoridade de Supervisão de Seguros e Fundos de Pensões cujo objetivo principal foi a criação de uma ferramenta capaz de calcular o valor das Provisões Técnicas e do Requisito de Capital de Solvência correspondente aos produtos do ramo Vida mais relevantes. Os tipos de produtos escolhidos foram as anuidades, os seguros de vida inteira e temporários e ainda os capitais diferidos. Os estudos de base necessários para cada um dos referidos tipos foram feitos. Um caso relevante é o estudo efetuado para os produtos com participação de resultados. Dada a sua inerente relação com os investimentos da seguradora e portanto com o mercado financeiro, foram simulados cenários financeiros na tentativa de reproduzir o possível comportamento dos referidos investimentos. Um modelo híbrido Heston-Gaussian dois fatores foi utilizado para reproduzir o comportamento da taxa de juro e de um índice acionista.In the pursuit of assuring the financial soundness of an insurance undertaking, a fundamental step is to make sure that the Technical Provisions and Solvency Capital Requirement calculated by the undertaking correspond properly to the obligations and risks it is subjected to. The new European solvency regime, Solvency II, brought new challenges and implied a deep analysis to the values hold by the undertakings. This report follows an internship at the Portuguese Insurance and Pension Funds Supervisory Authority whose main objective was to create a tool capable of calculating the amount of Technical Provisions and Solvency Capital Requirement related to the most representative types of Life insurance products. The chosen types are annuity contracts, whole life and term insurance and finally endowment policies. The necessary background studies for each one were made. Noteworthy is the study made for endowment contracts including profit-sharing clauses. Given its inherent relationship with the undertaking's investments and thus with the financial market, economic scenarios were simulated to reproduce the possible behaviour of such investments. A hybrid Heston-Gaussian two-factor model was used to reproduce the behaviour of the interest rate and a stock index.info:eu-repo/semantics/publishedVersio

Multi-joint vs Single-joint Resistance Exercises Induce a Similar Strength Increase in Trained Men: A Randomized Longitudinal Crossover Study

International Journal of Exercise Science 13(4): 1677-1690, 2020. The type of exercise is a relevant resistance training-variable that might be manipulated in order to induce significant increases in muscle strength. The aim of this study was to analyze the influence of multi-joint vs single-joint resistance exercises on maximal strength. Sixteen resistance-trained men (age: 23.1 ± 4.4 years; body mass: 86.0 ± 12.8; height: 177.9 ± 6.4 cm; training experience: 4.2 ± 3.4 years) performed one of the following training protocols for six weeks: MULTI, consisting of only multi-joint exercises or SINGLE, consisting of only single-joint exercises. Subjects were then submitted to a three-week washout period, before being submitted to the other protocol for another six weeks. A linear periodization model was adopted in which external load was increased and the repetition range was decreased every two weeks. Maximal dynamic strength of bench press (1RMBENCH) and squat exercises (1RMSQUAT), a percentage variation of total load lifted (∆TLL) and internal training load (ITL) were measured. Similar increases in 1RMBENCH (MULTI: 10.8%, p \u3c 0.001; SINGLE: 5.5%, p \u3c 0.001) and 1RMSQUAT (MULTI: 19.7%, p \u3c 0.001; SINGLE: 19.0%, p \u3c 0.001) were observed after the MULTI and SINGLE protocols. A decrease in TLL was detected for both exercise protocols; however, the SINGLE protocol induced a greater decrease, compared to the MULTI protocol (-35 ± 11% vs -42 ± 5%, respectively; p = 0.026). A greater ITL for the MULTI was observed when compared to the SINGLE (12.1%; p \u3c 0.001). In conclusion, resistance training protocols with different exercise modalities seem to produce similar strength increases in resistance-trained men

Overlapping but disparate inflammatory and immunosuppressive responses to SARS-CoV-2 and bacterial sepsis: An immunological time course analysis

Both severe SARS-CoV-2 infections and bacterial sepsis exhibit an immunological dyscrasia and propensity for secondary infections. The nature of the immunological dyscrasias for these differing etiologies and their time course remain unclear. In this study, thirty hospitalized patients with SARS-CoV-2 infection were compared with ten critically ill patients with bacterial sepsis over 21 days, as well as ten healthy control subjects. Blood was sampled between days 1 and 21 after admission for targeted plasma biomarker analysis, cellular phenotyping, and leukocyte functional analysi

Search for dark matter produced in association with bottom or top quarks in √s = 13 TeV pp collisions with the ATLAS detector

A search for weakly interacting massive particle dark matter produced in association with bottom or top quarks is presented. Final states containing third-generation quarks and miss- ing transverse momentum are considered. The analysis uses 36.1 fb−1 of proton–proton collision data recorded by the ATLAS experiment at √s = 13 TeV in 2015 and 2016. No significant excess of events above the estimated backgrounds is observed. The results are in- terpreted in the framework of simplified models of spin-0 dark-matter mediators. For colour- neutral spin-0 mediators produced in association with top quarks and decaying into a pair of dark-matter particles, mediator masses below 50 GeV are excluded assuming a dark-matter candidate mass of 1 GeV and unitary couplings. For scalar and pseudoscalar mediators produced in association with bottom quarks, the search sets limits on the production cross- section of 300 times the predicted rate for mediators with masses between 10 and 50 GeV and assuming a dark-matter mass of 1 GeV and unitary coupling. Constraints on colour- charged scalar simplified models are also presented. Assuming a dark-matter particle mass of 35 GeV, mediator particles with mass below 1.1 TeV are excluded for couplings yielding a dark-matter relic density consistent with measurements

VIII Encuentro de Docentes e Investigadores en Historia del Diseño, la Arquitectura y la Ciudad

Acta de congresoLa conmemoración de los cien años de la Reforma Universitaria de 1918 se presentó como una ocasión propicia para debatir el rol de la historia, la teoría y la crítica en la formación y en la práctica profesional de diseñadores, arquitectos y urbanistas. En ese marco el VIII Encuentro de Docentes e Investigadores en Historia del Diseño, la Arquitectura y la Ciudad constituyó un espacio de intercambio y reflexión cuya realización ha sido posible gracias a la colaboración entre Facultades de Arquitectura, Urbanismo y Diseño de la Universidad Nacional y la Facultad de Arquitectura de la Universidad Católica de Córdoba, contando además con la activa participación de mayoría de las Facultades, Centros e Institutos de Historia de la Arquitectura del país y la región. Orientado en su convocatoria tanto a docentes como a estudiantes de Arquitectura y Diseño Industrial de todos los niveles de la FAUD-UNC promovió el debate de ideas a partir de experiencias concretas en instancias tales como mesas temáticas de carácter interdisciplinario, que adoptaron la modalidad de presentación de ponencias, entre otras actividades. En el ámbito de VIII Encuentro, desarrollado en la sede Ciudad Universitaria de Córdoba, se desplegaron numerosas posiciones sobre la enseñanza, la investigación y la formación en historia, teoría y crítica del diseño, la arquitectura y la ciudad; sumándose el aporte realizado a través de sus respectivas conferencias de Ana Clarisa Agüero, Bibiana Cicutti, Fernando Aliata y Alberto Petrina. El conjunto de ponencias que se publican en este Repositorio de la UNC son el resultado de dos intensas jornadas de exposiciones, cuyos contenidos han posibilitado actualizar viejos dilemas y promover nuevos debates. El evento recibió el apoyo de las autoridades de la FAUD-UNC, en especial de la Secretaría de Investigación y de la Biblioteca de nuestra casa, como así también de la Facultad de Arquitectura de la UCC; va para todos ellos un especial agradecimiento

Discutindo a educação ambiental no cotidiano escolar: desenvolvimento de projetos na escola formação inicial e continuada de professores

A presente pesquisa buscou discutir como a Educação Ambiental (EA) vem sendo trabalhada, no Ensino Fundamental e como os docentes desta escola compreendem e vem inserindo a EA no cotidiano escolar., em uma escola estadual do município de Tangará da Serra/MT, Brasil. Para tanto, realizou-se entrevistas com os professores que fazem parte de um projeto interdisciplinar de EA na escola pesquisada. Verificou-se que o projeto da escola não vem conseguindo alcançar os objetivos propostos por: desconhecimento do mesmo, pelos professores; formação deficiente dos professores, não entendimento da EA como processo de ensino-aprendizagem, falta de recursos didáticos, planejamento inadequado das atividades. A partir dessa constatação, procurou-se debater a impossibilidade de tratar do tema fora do trabalho interdisciplinar, bem como, e principalmente, a importância de um estudo mais aprofundado de EA, vinculando teoria e prática, tanto na formação docente, como em projetos escolares, a fim de fugir do tradicional vínculo “EA e ecologia, lixo e horta”.Facultad de Humanidades y Ciencias de la Educació