Description: This special session 72OF of the Dallas Spring Meeting is structured in a guided forum style, much like a town meeting, and led by SOA President Robert L. Brown. It is designed to cover issues vital to the proposed Strategic Plan of the SOA. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 72OF

Description: 1992 SOA Regional Meeting, Anaheim. This is a panel discussion on managing the adequacy of capital by setting capital targets and ensuring targets are met. External capital, performance measurement, and management of inter-company relationships were part of the discussion.

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: This article discusses international proposals for accounting reform that would establish a global common measurement approach for the large majority of life insurance and annuity products.

Description: This paper examines different objectives in managing credit concentration risk. The suitability of different measures and presentation techniques is discussed and illustrated in the context of a case study.

Description: Discussion of papers presented at Living to 100 and Beyond symposium. Papers discussed: 'Dealing with Problems in Data Quality for the Measurement of Mortality at Advanced Ages' in Canada by Bourbeau and Desjardins, 'Mortality at Advanced Ages in Spain' by Felipe and Anguera, and 'Emergence of Supercentenarians in Low Mortality Countries' by Robine and Vaupei. These papers all deal with centenarians.

Description: 2011 Enterprise Risk Management Symposium, Chicago. This paper uses a case-study research design looking at two companies: Infosys and Rolls-Royce Corp. The goal of the research is to develop an explanation of how ERM brings about the strategic implications or its “promise” as it is popularly known in the ERM circle. The influential factors and how they are linked to the ERM process of achieving strategic implications are highlighted.

Description: This article addresses the difficulties of risk modeling in a poor economic environment. The problems include imperfect vendors of data, facing events that have never occurred before, unpredictable consumer behavior, conflicting data sources, and AAA credit doesn't always mean AAA.

Description: This article discusses the Insurer Solvency Assessment – Towards a Global Framework report prepared by the IAA Insurer Solvency Assessment Working Party WP. The conclusions of the report are consistent with the three pillar approach to the regulation of financial service entities that is reflected in the Basel Accord for the regulation of banks internationally. The pillars are: Pillar I: Minimum financial requirements. Pillar II: Supervisory review process. Pillar III: Measures to foster market discipline.

Description: 2011 Enterprise Risk Management Symposium, Chicago. This is the abstract of the entitled paper.