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  • A New Risk Metric for Defined Benefit Pension Plans
    order for actuaries to play a valuable role in the realm of enterprise risk management ERM, they must provide ... advice and quantitative analyses. In this paper, the authors use stochastic simulation technology to present ...

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    • Authors: Thomas D Bergan, David Fishbaum
    • Date: Oct 2006
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Actuarial Practice Forum
    • Topics: Modeling & Statistical Methods>Asset modeling; Modeling & Statistical Methods>Dynamic simulation models; Modeling & Statistical Methods>Stochastic models; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension investments & asset liability management; Pensions & Retirement>Risk management