Description: This is the first of a two-part article introducing and elaborating an “Adaptor” strategy for ERM. Such a strategy is intended to fulfil two purposes: first, switching among four styles of risk-coping strategies in order to track qualitative changes in a business’s risk environment; and, second, to support the business in navigating with resilience through all the seasons of a business-economic cycle, i.e., of boom, bust, moderate, uncertain. This latter requires careful study of the nature of resilience, the familiar idea of bounce back, and the less familiar idea of bounce forward. Part I of our article is underpinned therefore by a supplementary document (available from https://riskviews.wordpress.com/adaptor-exceptionalism/), which addresses the issue of structural change in a business or economy. It draws heavily on ideas taken from the discipline of control engineering, as well as some from ecology, social anthropology, and economics. The entire two-part article is thus an exercise in cross-disciplinary Systems Thinking.

Description: Python has become the fastest-growing major programming language in the world. It has surged in popularity over the last decade, following the development of its industry-leading capabilities in data science, machine learning and artificial intelligence, and it is now one of the most globally popular and widely used languages. In this article, I discuss some of the reasons for its popularity and explain why many actuaries and insurers have started using Python.

Description: This paper suggests a new model for the distribution of deaths between two adjacent integral ages which addresses existing discontinuities. Application of the model is shown and compared with the existing three popular models. From Actuarial Research Clearing House 1994, Vol. 2.

Description: Actuaries are Known as highly ethical. Data Science poses ethical challenges for our profession.

Description: An overview of guaranteed lifetime withdrawal benefits (GLWB) on registered index-linkedannuity (RILA) products and a stochastic analysis of market risks.

Description: This article discusses the Modeling Actuarial Standard of Practice. Intent and questions related to a model across all practice areas is discussed

Description: Article from The Actuary, September 1989 – Volume 23, No. 8 describing the impact of the Cowell/Hoskins report and the subsequent Report of the Society of Actuaries Task Force on AIDS.

Description: Read the December 2016 issue of The Modeling Platform published by the Modeling Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Article from The Actuary, March 1972 – volume 6 - Issue 3 provides a recap of the Conference on Capitalization of Risk Ventures, sponsored jointly by the Graduate School of Business of the University of Wisconsin and by the Society's Committee on Research. The conference was held October 21-23, 1971 in Madison, Wisconsin.