Description: Discusses a method for division of workload in a consulting firm in a way which will minimize cost.

Description: Research projects in pension - Pension Risk Management: Derivatives, Fiduciary Duty and Process.

Description: The goal of this paper is to study how a full-range tail dependence copula would be useful in assessing tail risks in a regression setting.

Description: This case study is intended to educate insurance professionals on historical insurer impairments and insolvencies and possible future prevention indicators.

Description: This research report that provides a literature survey of methodologies applying machine learning to insurance claim modeling.

Description: The impetus for this paper is a concern that a unification of pricing, valuation, and management-basis financials may be essential to ensure the viability of life insurance companies in the variable economic environment of the foreseeable future, which will have serious effects on interest-sensitive products. The paper offers hypotheses on which any unification should be based. The proposed unification is structured on an equity capital management approach and on a variation of the level-return-on-equity accounting method. Discussions of this paper are included.

Description: This paper incorporates a jump-diffusion process into the original Lee-Carter model, and uses it to forecast mortality rates and analyze mortality securitization.

Description: Statistics show that the risk of fatality associated with motorcycle crashes far exceeds that of automobiles hereby Connecticut introduced mandatory motorcycle safety training. This paper develops a unifying framework to quantify the effectiveness of such mandatory programs and to translate this in terms of a possible insurance rate reduction.

Description: In this paper, the author uses simple risk portfolios to discuss the abilities and shortcomings of the current methodologies for Value-at Risk [VaR], and suggests methodologies which can be used to facilitate the aggregation of VaR measures.

Description: This research study was designed to answer the following questions: 1. What are the most commonly occurring risk categories? 2. What are the most commonly occurring risk subcategories? 3. What are the most commonly occurring individual risks? 4. Which individual risks tend to make front-page news? 5. Which risks generate the most extensive coverage in the form of repeat articles? The scope was defined as significant downside risk events experienced by Canadian nongovernmental organizations as reported in the first 10 pages of either Section A (Front) or Section B (Report on Business) of The Globe and Mail in a 2012 weekday (Monday-Friday) edition, as recorded in their online archives (“GlobeArchives”).