Description: In a very general setting this paper describes a straightforward, non-parametric approach to aggregate "stand-alone" or marginal distributions with desired correlations without imposing additional assumptions on those marginals. We then develop two optimizations for the enterprise, one based on maximizing return on economic capital and the other based on a mean -semivariance efficient frontier from the investor point of view.

Description: Potential actions are recommended for key stakeholders to manage the unintended consequences of systemic risk “brewing” within the retirement system today.

Description: This session discussion is about methods for determining and adjusting contingency surplus. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This session 15 PD of the Toronto Spring Meeting includes an update on specific approaches adopted by Canadian insurers and regulators to deal with capital guarantees on segregated fund products, capital modeling in the Canadian banking industry, and emerging issues using these techniques in the U.S. From the Record of the Society of Actuaries, Volume 27, No. 2, Session

Description: This session from the 2003 Washington D.C. Spring Meeting discusses the recent economic conditions in Europe, Asia and North America and the changes in product design and risk management that have taken place to address such financial risk. From the Record of the Society of Actuaries, Volume 29, No. 1, Session 77PD.

Description: This session summarizes enterprise risk management [ERM], how health insurers are facing scrutiny and learing to apply risk management based on observations in the life insurance industry and how to implement an ERM program. From the Record of the Society of Actuaries, Volume 30, No. 1, Session 24

Description: Presented at October 1996 Annual Meeting. This session will describe the theoretical and practical aspects of several tools currently being used by a growing number of companies to assist in strategic re-positioning as financial supermarkets.

Description: Presented at October 1996 Annual Meeting. This session considers the issue of an amalgamation through a case study, addressing: performance results, personnel and organizational issues, corporate culture.

Description: In this session 116 PD of the New York Annual Meeting the panel discusses factors which led to the development of alternative risk transfer transactions in the property and casualty markets, and review techniques used to transfer and trade insurance risks within the capital markets. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: In this session 94PD of the SOA Annual Meeting in New York the panel examines the communications link between the technical world of actuarial measurement based on cash-flow testing and the real world or daily and strategic decision making at top levels of insurance companies. From the Record of the Society of Actuaries, Vol. 24, No. 3.