Description: This panel discussion session focused on the practical applications of risk theory.

Description: This abstract describes a paper that studies Gerber-Shiu functions and dividend payments in an insurance risk model driven by a spectrally negative Levy process of bounded variation.

Description: In this paper, we propose measures of the risk that the value of the liabilities becomes larger than the value of the assets, and this especially for insurance companies. We study probabilities of mismatching and a degree of mismatching in unsegmented and multidimensional models of the balance, in which we stress the influence of interest rates on the active and passive side of the balance.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. This session addressed the emerging practice where management is developing new ways to examine financial risks holistically in an integrated model.

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

Description: This article provides an overview of the commonly used structural credit risk modeling approach that is less familiar to the actuarial community.

Description: Presented at October 1996 Annual Meeting. Discusses the latest additions to the Handbook, recent developments/requirements in Canada, and current research to support the Dynamic Financial Condition Analysis Handbook.

Description: This risk bulletin, published by the Society of Actuaries, provides insights and expertise on critical business issues from industry leading enterprise risk management actuaries.

Description: 2011 SOA Enterprise Risk Management Symposium, Chicago. In this paper, a multivariate quasi-negative binomial distribution is proposed to model frequency dependence among different risk types. The operational risk diversification effect is illustrated through frequency dependency modeled by the bivariate quasi-negative binomial distribution under a framework of Monte Carlo simulation.

Description: Presented at September 1995 Valuation Actuary Symposium. This sessions talks about financial projections as a management tool and tough issues which may have to be addresses in making such projections.