Description: Using data from 12,571 publicly traded U.S. industrial firms spanning 1980 to 2004 for which quarterly firm specific financial variables and macroeconomic variables are available, this is the abstract of a paper that estimates the probability of bankruptcy/merger for each company and hence a prediction of bankruptcy/merger in the next quarter.

Description: This is the abstract of a paper that considers the pricing of equity-indexed annuities using risk measures and presents dynamic hedging strategies underlying these valuations. Since these products involve mortality as well as financial risks, the authors combine the actuarial and financial approaches to protect insurance companies against the unhedgeable mortality risk.

Description: Abstract: An introduction to the Goals-Progress-Strategy (GPS) strategic risk management framework: an original synthesis of scenario based ERM, the Logical Framework Approach, and new metrics and methods. GPS improves strategic planning and execution and enables practical management of the risks a company faces in pursuit of its business goals. The framework provides a portfolio view of a company’s strategic objectives, a return on risk-adjusted capital measure, risk-intelligent decision making, and risk-adjusted performance measurement/compensation.

Description: Abstract of paper entitled 'The Financial Crisis and Lessons for Insurers' published by the SOA. The paper analyzes the causes of the recent crisis, insurance companies’ exposure levels, and potential strategies to reduce the likelihood of future risks