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  • An Option-Based Operational Risk Management on Pandemics
    under the attack of an influenza pandemic. Let ( )S t be the fraction of employees that has an infectious ... disease at time t . It is obvious that ( ) [0,1]S t ∈ , where 0S = denotes nobody is infected in the ...

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    • Authors: Samuel Cox, Hua Chen
    • Date: Jan 2008
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Topics: Enterprise Risk Management>Operational risks
  • A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis
    Society of Actuaries, All Rights Reserved—| i Table of Contents 1. Executive Summary ............ ... (the principals). Since AIG was deemed by the U.S. Treasury and Federal Reserve Board to be “too big ...

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    • Authors: Society of Actuaries
    • Date: Jul 2010
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Enterprise Risk Management>Operational risks
  • Allocating Actuarial Resources Among Branch Offices
    the least total cost. Q!il_finiti.Q!l.2 Qf .!S!it.llQrd§ ~J!~lY £~i!it£• A supply center provides ... columns, known as a direct unit cost matrix,2 Table 3 is an examrle. Obi~ functioB• In the transportation ...

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    • Authors: Arnold Shapiro, JOHN MICHAEL MCADON
    • Date: Jan 1983
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Actuarial Research Clearing House
    • Topics: Enterprise Risk Management>Operational risks; Modeling & Statistical Methods
  • Incorporation of Flood and Other Catastrophe Model Results
    Casualty Actuarial Society, Society of Actuaries TABLE OF CONTENTS Section 1 Introduction.......... ... simulated event or year respectively. The Year Loss Table would include the total of the loss estimates for ...

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    • Authors: Society of Actuaries, Alan Frith, George E Davis, Stanley R Caravaggio, Stacey C Gotham, James K Christie
    • Date: Jul 2018
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM