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  • How Model Risk Devastated an Organization
    was of course no surprise that the variable annuity (VA) business suffered in that economic environment ... than banking. For example, let’s mark our fixed annuity business to market, both assets and liabilities ...

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    • Authors: Sim Segal
    • Date: Jun 2013
    • Competency: Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: The Actuary Magazine
    • Topics: Enterprise Risk Management>Operational risks; Pensions & Retirement>Risk management