Description: The purpose of the paper is to facilitate understanding of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and its ramifications on actuarial work.

Description: A research report that first defines ERM and provides the results of an applicable literature search with hyperlinks and then describes the current state of Enterprise Risk Management practices for health organizations. Areas covered: 1. Operational Risks. 2. Balance sheet risks. 3. Pricing discipline. 4. Asset risks. 5. Learnings. 6. Emerging risks.

Description: The earth’s ecosystem appears to be leaving the 10,000-year Holocene epoch that featured a stable environment. For homo sapiens, this stability encouraged a move from hunter/gatherer to farming and urban lifestyles. The new period showcases climate risk, resulting in higher temperatures and more extreme weather. These conditions lead to greater exposures to properties and economies when events like hurricanes and wildfires occur.

Description: View Sustained Low Interest Rate Environment: Can it Continue? Why it Matters

Description: This report introduces actuaries and risk managers in the insurance and pension industries to current literature discussing growth rates in the past and future expectations.

Description: This is the full report summarizing the results of the 2017 Emerging Risks Survey, the eleventh in the series.

Description: This paper provides a high-level review of climate models for the actuary and shows they are not impenetrable, intriguing the reader enough to seek out additional resources.

Description: This research report explores investment year methodology to set renewal credited rates. There is an accompanying Excel workbook created as a teaching aide.

Description: Initiated by the Financial Reporting Section, this paper explores rising interest rates. Following this path, the paper will look at implications of interest rate changes for the life insurance industry, current stress testing practices, and how a risk manager can proactively prepare for an uncertain future. A paper published in 2014 focused on why rates could stay low, and some aspects of this paper are similar (e.g., description of insurance products). This paper also uses a sample model office to help practitioners look at their own exposures. It includes typical interest-sensitive insurance products and how they might perform across various scenarios, as well as a survey to establish current practices for how insurers are testing interest rate risk currently.

Description: Research report describing the results of an Emerging Risks Survey conducted in 2016. The report, the tenth in a series, includes comparisons to the previous surveys.