Description: 2013 Retirement Risk survey, includes 7 documents

Description: A paper outlining key considerations & issues that may be met when implementing VM-20, like product development resources, pricing models or product features.

Description: This report examines options for analyzing periodic changes in VM-20 reserve amounts.

Description: This research report on the effect of deflation or high inflation has six sections: 1. The first section provides background on inflation, describes some problems in measuring inflation, and explains some of its effects on an economy. 2. The second section reviews historical inflation rates. 3. The third section examines the effect of inflation or deflation on the property-liability and life insurance industries. 4. The fourth section proposes risk mitigation strategies for insurers to cope with either deflation or high inflation rates. 5. The fifth section describes a publicly available model that can be used to develop inflation/deflation projections under a regime switching format that can readily be adjusted to reflect current financial uncertainty. 6. The sixth section provides conclusions.

Description: The Society of Actuaries has surveyed the U.S. retiree and pre-retiree populations every other year since 2001 regarding their understanding and management of post-retirement risks. In 2010 the Canadian Institute of Actuaries conducted a similar survey, providing a potential opportunity to gain additional insights into both the Canadian and U.S. populations by comparing the findings. This paper examines the similarities and differences in the results of the two surveys. The most important overall finding is that the results are very similar in both countries.

Description: The value-based ERM approach is a robust yet practical synthesis of enterprise risk management and value-based management, and has been used to help a range of companies – financial services companies, non-financial services companies, and non-corporate entities alike – successfully implement their ERM programs and integrate ERM into their decision-making processes.

Description: The summary provides an overview of the report, written by the Project Oversight Group.

Description: Glossary terms for 2011 Global Risk Survey.

Description: This discussion paper evaluates the UK’s “Flood Re” program.

Description: This report presents the results of a telephone survey among Americans aged 45 to 80 conducted by Mathew Greenwald & Associates, Inc., and the Employee Benefit Research Institute EBRI on behalf of the Society of Actuaries. The purpose of the study was to evaluate Americans’ awareness of potential financial risks in retirement, how this awareness impacts the management of their finances with respect to retirement, and how Americans are managing the process of leaving the workforce.