Description: Abstract: A model for analyzing the probability and severity of default of sovereign entities and banks. The methodology analyzes the risks inherent in the investment of debt of sovereign governments and large financial institutions side-by-side, taking into consideration macroeconomic interactions among the sovereign fiscal and monetary authorities, the financial institutions, and the real economy. The signature aspect of the methodology is that it adapts a Merton-style default model to use explicit measures of sovereign assets and asset volatility.

Description: This article questions the validity of long term market return expectations using macroeconomics and analytical arguments.

Description: This session from the 1983 SOA Spring Meeting reviews the need for strategic planning in the insurance industry. It discusses investigating the market, carrying out the strategic planning and the problems that may be encountered.

Description: Argues renewable energy will displace fossil fuels, leading to investment opportunities and risks