Description: This is a discussion about actuaries, stochasticity and risk management. This article is a response to Max Rudolph's ERM As A Competitive Advantage: Moving Beyond PBA to Add Value The Actuary, April/May 2007.

Description: This article discusses how to find the right Enterprise Risk Management strategy for a company. The authors assert that ERM effectiveness ultimately resides with people through collaboration, wisdom and judgment.

Description: Article discussing the benefits of the Chartered Enterprise Risk Analyst, CERA, credential.

Description: Review of The Improbability Principle: Why Coincidences, Miracles, and Rare Events Happen Every Day, by prominent statistician David J. Hand.

Description: Industry briefings and SOA news

Description: Provides the results of two surveys that found actuaries to be in agreement with CEOs of life insurance companies on the top 2 key strategic issues facing the industry: distribution channel productivity and increased competition.

Description: This article is about a 1997 conference titled, 'Integrated Approaches to Risk Measurement in the Financial Services Industry,' that brought together a diverse group of 84 professionals, including actuaries and others working in risk measurement and management. That conference, sponsored jointly by the SOA’s finance practice area and Investment Section, was important in helping the profession advance the work of risk measurement.

Description: Chief actuary of the California Insurance Department provides excerpts from a paper he presented his personal views to the Actuarial Research Conference in October 1986. He states that the regulators need to be aware of a deteriorating financial condition of an insurer in time to protect its policyholders from the consequences of insolvency.

Description: This is a synopsis of a report that actuaries have been participating in regarding insurer risk assessment for solvency purposes.

Description: Recently, the media has begun to focus on the “capital squeeze” facing the life insurance industry. The February 20 issue of National Underwriter reported on a study just completed by Standard & Poor’s: “The life insurance industry is caught in an unprecedented squeeze on capital...