Description: This paper identifies some of the special ERM considerations that a corporation which has employees who are members of a multi-employer pension plan, MEPP, should include in its ERM program. The focus of the paper is on the MEPP as an entity and tools to be used in its ERM. From 2006 Enterprise Risk Management Symposium, M-AS06-1.

Description: This paper proposes a general definition for economic capital, EC, that can be applied to various types of insurance products in a consistent manner. The paper also illustrates how to calculate risk-adjusted performance measurement, RAPM, by using a fair value framework. From 2006 Enterprise Risk Management Symposium, M-AS06-1.

Description: This paper suggests that risk is too complex to quantify with a single number, and offers a two-dimensional risk measure while introducing the concept of 'iso-risk' curves. From 2006 Enterprise Risk Management Symposium, M-AS06-1.

Description: Transcript of the Q&A period from session 3B. Session focused on Women's longevity issues and Chronic Disability Measurement and cost.

Description: Paper estimates the burden of chronic disability on the U.S. elderly population, using sex-specific measures of long-term care LTC service use, intensity and costs.

Description: This paper presents an advanced approach to enterprise risk management that, according to the author, significantly improves upon current approaches. The two fundamental elements are a focus on the management of strategic plans and a heavy reliance upon probability theory.

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

Description: 2011 Enterprise Risk Management Symposium, Chicago. This paper starts by defining and discussing the nature of risk and its primary relationship to capital preservation. The paper then continues with a guide for implementing a company’s risk appetite statement for a variable annuity product.

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 the Living to 100 Symposium, January 2011. This paper examines the relationship between the earliest stages of dementia—mild cognitive impairment—and mortality. Using data from long-term care insurance applicants, and linking this to the Social Security Master Death File, the authors focus on the classification results of two cognitive screens used at various times in the underwriting process. Applying the Cox Proportional Hazards Model as well as relative mortality ratio analysis, the authors show that the proportion of individuals classified as cognitively impaired have significantly higher relative mortality compared to those classified as cognitively intact.