Description: Hear from the editor on the March 2018 issue of Risk Management published by the JRMS.

Description: The author notes that “insurance companies have been in the business of risk management for hundreds of years. The latest trend towards risk management in banks is both new to insurance companies and very old hat—new because it applies new techniques at least new to the last half century and old hat because many risk management techniques are so old hat to insurance companies that they are almost unconsciously performing them.”

Description: The international risk management community is now being served by two professional organizations, the Global Association of Risk Professionals GARP and the Professional Risk Managers' Association PRIMIA. The article describes both professional organizations.

Description: As sponsored by the Canadian Institute of Actuaries (CIA), Casualty Actuarial Society (CAS), and Society of Actuaries (SOA), the study looks at causes of insolvency and decisions made by management, regulators, and policyholders over the life cycle of the insolvency. Further, this study considers ways the profession can be equipped to prevent or mitigate future insolvencies. In addition to directly benefitting the profession, the work is also intended to assist other insurance industry practitioners in understanding the complexities of insurance company solvency and the benefit of keeping the actuarial profession in the forefront of company management, operations, and regulatory communication

Description: In this article, the interviewers will discuss the pros and cons of centralized modeling function vs a business unit based modeling function. Their experience will help us in identifying factors in contributing to a successful centralized model function and understand how to set expectation with modeling stakeholders.

Description: RBC Developments Include New C-3 Approach by Bob Brown from The Financial Reporter, February 2000, Issue No. 41.

Description: Segregated Funds Seminar Illuminates Equity Guarantees Risks by G. Thomas Mitchell from The Financial Reporter, February 2000, Issue No. 41.

Description: Discussion of Capital Market Modeling techniques

Description: We will determine the role of risk function in evaluating operational risks associated with the implementation of LDTI and any system conversions. Are all models validated by the risk function before they are productionalized and results used by management to make business decisions? Does the risk function play a part in to assist finance, actuarial and investor relations in communicating changes and volatility resulting from LDTI? If not, should it? We will articulate the role that risk functions play in being part of large transformation from the start as a stakeholder/input provider to subsequently being an independent reviewer (i.e., second Line of defense).

Description: Recurring column that lists recent publications in risk management of note to readers.