Description: The goal of this paper is to examine similarities between value investing and enterprise risk management (ERM) methods.

Description: The SOA is pleased to make available a report updating the 2012 risk assessment performed by Porteous et al. The report also provided an economic capital analysis for a stylized US plan with the same member profile and the USS provisions modified to reflect a typical US DB plan.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss how some products have evolved in such a way that they are more compatible with available investments, that is the product design translates to a feasible investment strategy, which provides not only sufficient yield but also acceptable performance in various interest-rate environments. The panelists consider whether the trend will continue, and discuss the role of regulation, implications on educational activities for actuaries to understand better the asset side, and other issues. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: 1993 SOA Spring Meeting, Boston. This presenters in this session discussed the impact of lower interest rates. In 1993 the Moody's Aaa Corporate Yield were near 8%. Questions raised: • Are lower interest rates here to stay? • What are the product development implications? • What are the market share implications? • Are we recognizing the disintermediation risk?

Description: This session from the 1995 SOA New York City Meeting covers an overview of the market for acquiring blocks of business, the legal, regulatory and valuation issues involved, acquiring a block through assumption reinsurance or novation, and tax and legal considerations in the acquisition process. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: The article discusses indexed-linked securities in the United Kingdom and the relationship between the prices of index-linked securities and interest rates, common stock prices and a combination of these.

Description: Read the September 2020 issue of Risk Management published by the Joint Risk Management section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Feature article describing a framework for the computation of credit capital requirements under the constant position paradigm, taking into account recovery rates.

Description: The goal of this paper is to examine similarities between value investing and enterprise risk management (ERM) methods.

Description: This abstract describes a paper that models a firm value by a jump-diffusion process and derives an explicit formula for the default probability.