Description: This article discusses new developments on the regulatory front. Under the new agreement, insurance company management and boards will be required to issue a statement that reflects their judgment about the firm’s viability, including its capital adequacy. The required opinion will have five elements - identifying risks, measuring risks, a risk feedback loop, a risk tolerance statement, and a risk policy.

Description: This article discusses four approaches to managing the enterprise-wide risk: Diversification, Loss Controlling, Risk Trading and Risk Steering.

Description: Recently completed research projects from the Society of Actuaries.

Description: A table from an article in The Actuary Magazine entitled An Analysis of Risk Management Terminology - Your guide to speaking ERM with different industries.

Description: In this article the author suggests a game-changing idea - Require as part of the governance process an “independent risk audit” performed by a CERA.

Description: This roundtable discussion focuses on to what extent the life insurance industry has adopted ERM practices.

Description: This article describes the impact of the global acceptance of the SOA’s Chartered Enterprise Risk Analyst credential.

Description: This article discusses the state of risk management practice in the banking industry in the Middle East. Risk management in the Middle East is complicated by data quality problems and corporate governance issues.

Description: Article Book Review The Future Of Risk by Calvert in The Actuary, December 1979, Volume 13, Number 10

Description: Several years into the Risk Based Examination process, the NAIC now is working to augment that process with a significant new risk related regulation requirement for U.S. insurers. This article explores ORSA, or Own Risk and Solvency Assessment.