Description: Review of 2018 changes to retirement-related actuarial standards of practice in the US and Canada.

Description: This article discusses how the risk model, is an attempt to see the world in a much more realistic way.

Description: Article from Risk Management Newsletter, July 2005, Issue 5 highlight the credit risk survey results. During a three-week period last summer, the Credit Risk Listserv surveyed over 5,000 actuaries who are members of the Risk Management Section, the Investment Section and the Casualty Actuarial Society (CAS). Over 500 valid responses were received and tabulated by our long-standing vendor partner www.perfectsurveys.com (now www.SurveyZ.com). To put it mildly, the response was overwhelming (typical responses to a survey of professionals such as ourselves number no more than 250). I will share some of the highlights from the tabulations.

Description: This Chairperson's Corner article discusses the SOA becoming the pre-eminent risk management profession. The Chairman's message is that actuaries have the inside track on risk management positions in the insurance industry and have a basis for competing for similar positions in the broader financial services industry.

Description: Article from Risk Management, July 2006, issue 8 regarding the Enterprise Risk Management Task Force, which is organized under the AAA's Financial Reporting Committee and was created by the North American Actuarial Council, serves as the North American actuarial profession's hub for discussing research, educational and public policy initiatives relating to enterprise risk management, and seeks to develop work on ERM-related public policy issues that affect multiple areas of actuarial practice.

Description: This article describes an initiative of the Chief Risk Officer Forum to perform a study to benchmark internal models, so as to discuss the admissibility of these models for regulatory purposes in the context of Solvency II. The results of and reactions to that study are discussed.

Description: This article discusses INARM and its function on the web.

Description: In this article the author discusses how ERM must be effectively applied to have the desired result. Stated another way, the banks that followed the basic precepts of ERM fared better in the crisis than those that didn't.

Description: The management of The Guardian Life Insurance Company of America Guardian decided during 2006 to perform an economic capital EC analysis, with results to be delivered in the spring of 2007. A second generation EC analysis EC 2.0 was conducted from fall 2007 through spring 2008. This article describes EC 2.0.