Description: This discussion examines the relationship of Operations Research to the actuarial profession, the extent traditional actuarial work can be regarded as Operations Research, types of life insurance company problems lending themselves to Operations Research study, and the relationship of electronic data processing field to Operations Research.

Description: This paper defines business risk as uncertainty that threatens the viability of the insurance organization including product features such as mortality or persistency, internal organization features such as expenses or staff retentionand external influences such as regulatory or legal actions. This paper provides an approach for measuring the financial impact of adverse variation of these factors on the organization.

Description: This discussion reviews changes in practices and procedures which have been made with resulting reduction of expense in connection with the following: Administration and valuation of supplementary contracts, collection of monthly premiums, underwriting of new applicants, and preparation and printing of rare books and policies.

Description: The April 2016 Issue of The Modeling Platform

Description: This research report is on the incorporation of flood and other catastrophe model results into pricing and underwriting.

Description: Essays advocating for incentive compensation linked to the level of risk in an organization.

Description: Essays advocating for incentive compensation linked to the level of risk in an organization.

Description: Introduction to essays advocating for incentive compensation linked to the level of risk in an organization.

Description: This research project examines operational risk management practices and assess the viability of ORM as a formal discipline. A key goal of this initiative has been to determine whether the management of operational risk is feasible, and, if so, what issues need to be addressed in order to effectively implement ORM within a broader ERM context.

Description: This discussion reviews what companies have done to control and reduce expenses of various types. It also discusses budgeting approaches.