Description: The CIA, SOA and Joint Risk Management Section of the CAS, CIA, and the SOA sponsored a whitepaper on the application of ERM at a federal government level.

Description: This report summarizes the major findings from the 14th (2020) emerging risk survey.

Description: The Casualty Actuarial Society, Canadian Institute of Actuaries, and the Society of Actuaries' Joint Risk Management Section and the Joint Risk Management Research Committee are pleased to make available a new report on the application of ERM. Authored by Bonnie-Jeanne MacDonald, Sim Segal, Michael Wolfson and Heidi Walsh, the report provides a novel demonstration on how ERM can be applied to serve the Canadian public by informing decision makers on the risks facing the current and future delivery of long-term care.

Description: This is the key findings research report for the fifteenth Emerging Risk Survey

Description: The monograph walks the reader through the hindsight, insight and foresight building process while discussing theoretical and practical issues supporting the building of valid forecasts with provenance for each of these schema examples. That is, the analyst can document the iterative ‘profiling change processes’ mindscape and landscape elements by which and through which the successful forecast is built. This kind of forecast construction ameliorates the ‘black box’ problem of generating pattern output without an understanding of the pattern’s creation or contextual meaning that is often seen when using other methods, particularly machine learning and artificial intelligence. This issue is discussed, referencing appropriate thought leaders.

Description: This report presents the major findings from the eleventh annual Emerging Risks survey.

Description: The Survey of Emerging Risk has been successfully conducted in North America for 16 years, consistently providing reports that track risk managers' opinions on emerging topics transcending the current business cycle, with strategic plans extending over decades. Since 2022, the survey has been specifically introduced to the Asia-Pacific markets with local language support, aiming to gauge actuarial and risk management professionals' opinions on emerging risks in the Asian market.

Description: Because of the growing significance of Enterprise Risk Management, it is critical to consider how ERM responds and relates to circumstances and conditions. In particular, one megatrend currently impacting our world and our understanding of the economy is the emergence of a behavioral economics perspective. This paper describes the nature of behavioral economics, and considers the potential impact of such a perspective on ERM. From Actuarial Research Clearing House, 2012, Vol. 1.

Description: This report presents the major findings from the 13th annual emerging risk survey.

Description: The Survey of Emerging Risks has been successfully conducted in North America for 15 years, which provides a consistent report by tracking the opinions of risk managers on the emerging topics beyond the current business cycle with strategic plans over decades. For the first time the survey is also being specifically introduced in China and Greater Asia, with the aim of surveying the actuarial and risk management professionals' opinions on emerging risks in the local market. In relation to the Society of Actuaries, Greater Asia is defined as markets that participate in our Greater Asia Committee. These are additional areas outside of mainland China that include markets such as Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. The survey is sponsored by the Society of Actuaries (SOA) Research Institute and comprises both quantitative and qualitative questions in English and Chinese (Simplified). With a wide range of response options and allowing for anonymous comments, the survey results serve as a platform to share the risk views of local actuaries and risk managers in China and Greater Asia.