Description: Summarized the 2013 Investment Contest, listing winners in three categories.

Description: Presented at May 2002 Spring Meeting. Discusses the basics of asset allocation for life insurance companies, such as primary asset classes, asset allocation in a tax-free environment, and the impact of rating agencies on company management.

Description: Is Risk/Return a sound tool for decision-making? No. It is not consistent, not objective, distorts decision and degrades governance. Why? What shall we do then?

Description: Diverse Risks 2016 Call for Essays

Description: “Global tactical asset allocation GTAA is an invest¬ment approach that seeks to exploit short-term mar¬ket inefficiencies to generate uncorrelated absolute returns by taking positions in various asset classes, regions, styles and currencies. Due to its low correlation with tradi¬tional asset classes, GTAA can diversify an existing portfolio without making material changes to the portfolio’s overall risk characteristics.”

Description: Explains the more granular breakout of bond RBC factors proposed to the NAIC. Evaluates alternative asset allocation choices for insurers under the new rules.

Description: In session 60D of the Montreal Spring Meeting panelists discuss the pros and cons of asset segmentation, as well recent trends. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: The purpose of the article is to summarize the results and conclusions of the C-1 Risk Task Force Report prepared for the Committee on Valuation and Related Areas. A key question: Is the risk to insurance companies of defaults on junk bonds sufficient to justify increasing required surplus levels?

Description: French language version of Risk Management, August 2014 newsletter.

Description: This session at the SOA 1990 San Francisco Spring Meeting is about asset segmentation, i.e. segmenting assets among lines of business or liabilities, practical issues involved in the process, and how this enhances asset/liability mangement.