Description: Presented at Living to 100 symposium, January 2002. This paper presents data on the mortality, and mortality improvement trends, for retired U.S. Civil Service employees and their survivors, and analyzes the relationship to such factors as: Indexed final salary, Amount of indexed annuity, Total service at retirement, Duration on the Annuity Rolls, Retiree vs. beneficiary, Disability vs. non-disability.

Description: This paper attempts to gather information regarding various components of the Canadian retirement income system, and to quantify the impact on the system of unanticipated morality improvements, particularly at age 65 and over, and of lower than expected equity returns. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Paper examines the rapid growth of the elderly population in India, as well as problems and challenges related to this growth, some universal, and some unique to India. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Discussion among experts. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Paper discusses the possible effect of outliers on the mortality index from the Lee-Carter Model. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Using the Japan Life Table as input, this paper discusses the strengths and limitations of four mortality models: Heligman-Pollard, Mixed Weibull, Lee-Carter, and a simulation model. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper presents a value-at-risk platform for integration of assets and liabilities in a rigorous risk management framework. The model measures all major risks faced by a P&C company. The paper demonstrates how this new technology can be used to assist in maximizing capital efficiency and migrating from a risk management environment governed almost exclusively by ad-hoc rules of thumb to one governed by true risk management principles. From 2006 Enterprise Risk Management Symposium, M-AS06-1.

Description: This paper expands upon current capital analysis by introducing a practical approach that considers the objectives of all stakeholders on an insurance company in setting appropriate capital targets. From 2006 Enterprise Risk Management Symposium, M-AS06-1.

Description: In this paper, it is questioned whether in addition to the regulatory requirements, the differing data acquisition and processing for the internal management systems are really needed with respect to a bank-wide portfolio optimization.

Description: Abstract for the 2008 ERM Monograph paper, “In Measuring the Benefits of Enterprise Risk Management in Insurance: An Integration of Economic Value Added and Balanced Score Card Approaches”