Description: 2011 SOA Enterprise Risk Management Symposium, Chicago. This paper reviews a risk management theory that deals with correlated, non-normally distributed factors, and then applies risk management techniques to the U.S. steel industry using futures contract hedging.

Description: In this article, the authors discuss measuring and understanding the more holistic value of risk management. In particular, organizations are struggling with how to best determine the market value of risk management strategies.

Description: This session 15 PD of the Toronto Spring Meeting includes an update on specific approaches adopted by Canadian insurers and regulators to deal with capital guarantees on segregated fund products, capital modeling in the Canadian banking industry, and emerging issues using these techniques in the U.S. From the Record of the Society of Actuaries, Volume 27, No. 2, Session

Description: This discussion looked at precautions the Home Office operations of a life insurance company could take to prevent disruption or destruction of records due to war. This discussion also reviews the topic of warfare on the U.S. continent and if the hazard would be bearable for individual companies and/or by the industry with a suitable pooling of risks.

Description: This presentation from the 1995 SOA Vancouver Meeting presents the results of risk adjusters' research in health insurance including risk adjustment in various states, the effect of community rating, biased selection and risk adjustment and methods of risk adjustment. From the Record of the Society of Actuaries, Vol. 21, No. 3a.

Description: The Chinese insurance market is grappling with product innovation, business growth and regulatory oversight as it tries to keep pace with a sharp growth in demand across product segments. In this context, the authors have highlighted insurance trends in China, based on available research and literature, with a particular focus on topics that will drive the enterprise risk management (ERM) function of insurance companies. ERM provides an opportunity for insurers to identify and mitigate potential insurance risks by enhancing their policies and risk management activities. This report explores the insurance trends in detail, drawing on findings from interviews of practitioners in the Chinese market, to provide context for the drivers of ERM transformation.

Description: This is the full research report for the thirteenth Emerging Risk Survey which summarizes the results of the survey.

Description: This session from the 2003 SOA Orlando Meeting covers the growing area of enterprise risk management ERM. It provides an overview of an ERM framework as well as issues and challenges of implementation. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: The presenters will discuss the current interest rate market environment and what insurance companies can do to best protect themselves from interest rate risk. The presenters, industry leaders in financial risk management, will explore how different products and strategies—including swaps, options, and other derivatives—are being used in today’s market. The discussion will include how to model and measure interest rate risk, how to quantify hedge effectiveness, and how to improve hedging operations.

Description: This research report summarizes methodologies used for yield curve extrapolation to value liability cash flows that extend beyond the maximum observavble portion of the yield curve.