Description: Read the April 2020 issue of Risk Management, published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the January 2020 issue of International News published by the International Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: 2011 Enterprise Risk Management Symposium, Chicago. This study investigates whether simulation-based models can be used to predict liquidity risk for banks, which must comply with Basel III by January 2015. The paper looks at the process of developing a measurement framework using Black-Scholes and Merton’s asset-based models to measure liquidity risk.

Description: Panelists discussed the implications of the growing trend in Canada toward demutualization of mutual companies into stock companies. Topics covered include: 1. The Canadian demutualization process and some interesting differences between companies and across borders. 2. How is eligibility determined? 3. What process is being used to determine allocation of shareholder value? 4. What mechanisms are in place to protect policyholders' reasonable expectations? 5. What internal and financial structural changes are driven by demutualization? 6. How financial markets assess stock value for companies operating internationally.

Description: 1993 SOA Meeting, Quebec. This session is about how reinsurers are adapting to market changes. Topics included: 1. How reinsurers are adapting to changes driving direct writers. 2. Is gIobalization of reinsurance having a major effect? 3. In what ways has the reinsurance industry changed over the years and in what ways has it not changed?