Description: A panel of chief risk officers CROs discuss their roles, responsibilities and challenges in implementing and managing risk within an insurance enterprise. Topics related to the measurement and management of risk to be covered are: organization of the risk management function key CRO responsibilities measurement infrastructure process of measuring and managing risk risk culture and assimilation of risk into the organization management buy in and support operational risk credit risk risk aggregation the role of risk economic capital and Committee of Sponsoring Organizations COSO enterprise risk management framework. From the Record of the Society of Actuaries, Volume 30, No. 2, Spring Meeting, San Antonio, TX, June 14-15, 2004, Session 20PD.

Description: Feature article discussing the four main perspectives of ERM.

Description: This article updates the reader on the activities of the recently formed International Committee of the Joint Risk Management Section. With global webinars and more activities, this committee is ensuring the risk management word is spread throughout the world.

Description: This article discusses four approaches to managing the enterprise-wide risk: Diversification, Loss Controlling, Risk Trading and Risk Steering.

Description: The author suggests that true actuarial method is a blend of all three modes of thinking, clinical, statistical and heuristic, and using all three early in our processes will make us smarter modelers. From The Actuary, February 2012, Volume 9, Issue 1.

Description: This article discusses the different types of attitudes toward risk based on the prevailing economic climate.

Description: Feature article describing more realistic stages of risk and how to manage each stage. From The Actuary Magazine, Dec 2009

Description: We can do a better job of communicating the degree of "riskiness" that is inherent in our models of risk. The "Coefficient of Risk" is one way to present fatness of model tails in simple terms using widely understood basic concepts.

Description: Enterprise risk management (ERM) needs to be seen in perspective of other management priorities and is not first in the hierarchy of corporate needs.

Description: This report provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. during the last half of April 2021 along with comparisons to prior half-month time periods.