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  • The Fundamental Law of Risk Evaluation FLoRE
    The Fundamental Law of Risk Evaluation FLoRE The paper argues that Risks Evaluation at its core is a ... a psychological process that can lead to the special type of chaos described in modern Chaos Theory. It ...

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    • Authors: Russell Sears
    • Date: Jan 2011
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk measurement - ERM
  • RE-THINK THE RISK: Use and Misuse of Statistics
    RE-THINK THE RISK: Use and Misuse of Statistics Statistics were invented to describe heterogeneity and ... clarify their field of relevance. Asset allocation;Enterprise risk management=ERM;Own Risk Solvency Assessment=ORSA;Risk ...

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    • Authors: Sylvestre Frezal
    • Date: Feb 2017
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Strategic Insight and Integration>Effective decision-making; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Risks & Rewards
    • Topics: Enterprise Risk Management>Governance; Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks
  • Minimally Destructive Scenarios and Cognitive Bias
    Bias The author recommends the use of "minimally destructive scenarios" as part of an ORSA ... bias that can occur in risk decision-making. Part of the essay collection "Risk Metrics for Decision ...

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    • Authors: Mary Campbell
    • Date: May 2012
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Topics: Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk measurement - ERM; Modeling & Statistical Methods>Sensitivity testing