Insurance needs are often addressed through contracts with long-term guarantees. Should life insurance companies be selling such long-dated investment and biometric guarantees? For how long? Is the insurance industry equipped with enough expertise and capacity to handle long-term guarantees? Are the risks associated with those guarantees transparent to stakeholders and reflected on financial statements? Can they be shared and with whom? Hear arguments on both sides of the issue and come to your own conclusions. This session will address these questions in the context of the current regulatory regimes in Canada and the United States. At the conclusion of the session, attendees will have a greater appreciation of risks undertaken by insurance companies and what counter-measures are in place to mitigate them.

Slides from a session at the Investment Symposium held on March 22–23, 2010 in New York, NY. Discussion of capital and liquidity risk management considerations. Includes analysis of life insurance company experience during 2008 crisis. Analysis of alternative hedging strategies for variable annuities. Discussion of Guaranteed Investment Contracts and Funding Agreements

Research projects in pension - Pension Risk Management: Derivatives, Fiduciary Duty and Process by Susan Mangiero

This paper attempts to build a bridge between epidemiological and actuarial modeling and set up an actuarial model that provides financial arrangements to cover the expenses resulting from the medical treatments of infectious diseases. From NAAJ, January 2011, Vol. 15, No.1.

This is a call for essays to address 'Risk Metrics for Decision Making and ORSA.' This is a competition with cash prize awards.

Outlines results of questions relating to profit measures used in pricing for various product lines.

Slides from a presentation at the ALM Seminar in Singapore held on September 6–7, 2007 A review of credit risk measurement techniques in an insurance company investment portfolio

Review of the historical impact of past cycles on the credit markets and what changes have been made in managing credit. Discussion of the evolution of risk management practices and tools in managing credit portfolios, along with ways of defining and measuring sufficient diversification. 2007 Investment Symposium session.

The equity exposure historically sought by pension funds has come under close scrutiny. Are equities an appropriate asset class to back fixed–income liabilities? How can derivative overlay strategies be used to obtain higher returns for lower risk? This session explores strategies for separating alpha and beta exposure for pension plans seeking to both minimize overall risk and increase returns.

This presentation at the 2007 Investment Symposium discusses the drivers of risk and how to measure risk.