Description: When building stress tests, modelers need to consider worst cases that are plausible. The most useful and robust scenarios begin qualitatively, with a narrative or story. Consistent quantitative relationships are then developed.

Description: Insurers can leverage information from their required Own Risk Solvency Assessment (ORSA) and use it internally to improve the likelihood of solvency and gain a competitive advantage.

Description: Combinations of risks are an important component of the Survey of Emerging Risks, now in its 15th iteration. Also known as risk clusters or compound risks, the most popular in the survey define threat multipliers, where a risk makes other risks worse. The top risks chosen are trended for the last 10 years, showing interesting cycles and discontinuities.

Description: An opinion about the consolidation of actuarial organizations.

Description: This is a summary of the 2005 ERM Symposium. From Risk Management Newsletter, July 2005, Issue No. 5.

Description: SOA sponsored research tackled potential low-interest-rate scenarios. This article is based on findings in the report but does not mirror the report with regard to content as it looks at the interest rate impact on assets, liabilities and their interactions. Potential drivers of low rates are identified, along with risk management recommendations for insurers and regulators. These drivers include demographics, behavioral responses to the economy, environmental costs and changes to the economic landscape.

Description: This article discusses that while life style funds make sense for some, a growing minority of individuals successfully make their own investment decisions. It points out that these options should be kept available and that if proper education is provided the informed investor population would grow.

Description: The Joint Risk Management Section conducted its fourth survey of emerging risks in fall 2010 in light of the BP oil spill which brought the impact of various risk combinations to the fore.

Description: This article discusses the results of the annual survey.

Description: GDP growth has slowed as numerous headwinds have emerged. This article summarizes a research paper by Mark Alberts and Max Rudolph that addresses reasons why this is so and how risk managers can address using scenarios.