Description: This paper describes the application of source of earnings 'SOE' analysis methodology to the reported pre-tax GAAP income of universal life and other interest-sensitive life and annuity products.

Description: This report examines the circumstances that lead to systemic risk and proposes a new definition.

Description: This report aims to help actuaries and other interested parties to define the relative differences in managing risks between the insurance and banking industries. This report guides actuaries and others about change risk management practices to prevent future financial failures. The paper seeks to examine what factors account for the differences in the United States, compared with Canada about the underlying causes and effects of the most recent crisis with financial institutions.

Description: To provide guidance to the actuarial leaderships globally and provide an evolutionary view of the educational requirements - learning objectives and/or content - for the profession in the field of Enterprise Risk Management.