Description: This presentation is a panel discussion, session 56PD, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. Tail risk, long recognized as important to insurance organizations, is being evaluated in a new light, with new approaches. The panelists review various approaches for measuring tail risk and how to price for tail risk using capital-market consistent techniques. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panel discusses: 1 Financial modeling tools used by the actuarial profession, 2 Pricing techniques used by Wall Street financial analysts, 3 Advantages and disadvantages of each approach 4 Market implications of each approach, and 5 Potential for harmonization of the two techniques.