Description: Presented at September 1995 Valuation Actuary Symposium. This sessions talks about financial projections as a management tool and tough issues which may have to be addresses in making such projections.

Description: The September 2014 Issue of the Financial Reporting Section's newsletter, The Financial Reporter

Description: Much of the push for ERM has come from regulators and rating agencies, but it is being applied in internal company decision-making as well. This paper reviews the progress made and the needs still outstanding in two key areas of application: optimal capital level for an insurer and risk-adjusted profitability of business units. The basic conclusion is that progress has been made in these areas, but more is needed. Building models is not emphasized—it will be assumed that a state-of-the art model is available. The emphasis is on using such models in decision-making.

Description: Presented at October 1996 Annual Meeting. This session will examine how insurers monitor product pricing issues through traditional financial reporting information and will also present other management information systems developed to more effectively monitor profitability.

Description: This article summarizes Hubert Mueller's presentation at the SOA's Risk Management Seminar on the risk management of guarantees on equity-oriented products. It discusses 1 the market background, 2 the risk management process and 3 a case study on dynamic hedging.

Description: At this presentation from Session 79PD of the SOA 1999 San Francisco Annual Meeting, the speakers explain the financial risks inherent in the Asian financial crisis and other, more recent crises. They discuss how such risks can affect other countries and regions. They touch on such topics as sovereign risk and currency mismatching. The speakers also comment on impacts on multinational financial services operations and suggest ways for the industry to prevent or better manage these risks. From the Record of the Society of Actuaries, Vol. 25, No. 3.

Description: This paper considers the ERM problem as an adaptation and stability problem of complex system development. The basic approach of W. Ross Ashby and its development by S. Beer are applied. The author advances the cybernetic functional feedback model as applied to the integrated ERM structural mechanism. Such formulation of the ERM problems seems promising to correctly detail and structurally integrate the various issues, including operational and financial systems linkage, key adaptation parameter of time and its different periods, optimal activity and others.

Description: Presented at October 1996 Annual Meeting. This session will describe the theoretical and practical aspects of several tools currently being used by a growing number of companies to assist in strategic re-positioning as financial supermarkets.

Description: This is the Introductory Study Note for the Society of Actuaries Advanced Finance/Enterprise Risk Management examination for Spring 2012 that will be given on Friday, April 27th, from 8:30 a.m. – 11:45 a.m. and 1:30 p.m. – 4:45 p.m.

Description: The five words for ERM are transparency, discipline, alignment, adaptability and resilience. This article focuses on transparency, discipline and resilience.