Description: Forming a view on what the tail looks like for various risk factors involves both technical know-how and considerable judgment. The presenters focus on what needs to be addressed when setting financial market risk and insurance risk assumptions, in particular when assessing the question of diversification and the treatment of tail dependencies between risks and lines of business:

Description: The editor of the Risk Management newsletter summarizes the articles in this issue which cover Enterprise Risk Management, Systemic Risk and Variable Annuities.

Description: The ASB recently approved ASOP 56 - Modeling for all practice areas effective October 1, 2020. This new standard provides important guidance for the ERM practitioner as they build, use, and review the many different types of models used in everyday applications.

Description: Article On Making Ourselves Useful In Our Communities by Moorhead in The Actuary, June 1979, Volume 13, Number 6. Gasoline conservation.

Description: In this article, the section chairperson talks about the importance of actively promoting actuarial skills and value to lead the evolution of risk management.

Description: In this article, the Editor talks about the changes to the newsletter and discusses prizes available for articles.

Description: In this article, the author examines Nassim Taleb’s work and writings and discusses its relevance to the future of the actuarial profession.

Description: This paper describes the intent and selection process for papers to be presented at the annual ERM Symposium. From 2006 Enterprise risk Management Symposium, M-AS06-1.

Description: The Joint Risk Management Section chairperson discusses the makeup of the new section council and the ERM symposium.

Description: background history of the insurance industry and the role of actuaries within it, followed by the current environment and anticipated future environment.