Description: This presentation from Session 82 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses the risks faced by pension plan sponsors, and the role of the actuary in measuring, discussing, managing, and mitigating these risks. From the Record of the Society of Actuaries, Vol. 31, No. 2.

Description: State regulators' review of predominant LTC Risks after review of year-end AG51 reports.

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: Expanding the demand for actuaries in markets that do not typically employ actuaries.

Description: 1987 Valuation Actuary Handbook: Chapter 1: Addresses life insurance company statutory reserve valuation.

Description: Description of an ERM workshop delivered in Nigeria by Actuaries Without Borders in collaboration with the College of Insurance and Financial Management.

Description: The authors provide background on the Chartered Enterprise Risk Analyst (CERA) designation and detail its success since implementation.

Description: The purpose of this paper is to discuss computer application, the management of an insurance enterprise in an automobile insurance marketplace wherein a number of insurers compete for marketshare and profit. The paper begins with a description of the computer program next, a cursory description of the model is given then, the assumptions of the model are discussed next, potential future modifications are discussed and, finally, a prognosis is given.

Description: Update of the activities being carried out by the Joint Risk Management Section