Description: Article from Risk Management Newsletter, July 2006, Issue 8 announcing the arrival of the Risk Management Section's Regional Meetings. The first event of this exciting endeavor was held in Toronto on June 1.

Description: In this article the author discusses the many hats an actuary wears and how risk management comes to play in each one. The roles discussed: 1. Pricing actuary. 2. Catastrophe modeling actuary. 3. Ceding reinsurance actuary. 4. Corporate actuary. 5. Loss reserving actuary. 6. Predictive modeling actuary. 7. Marketing actuary. 8. Underwriting actuary. 9. Investment actuary.

Description: This article argues that using Economic Capital as a metric does not capture all of the risks. The author suggests an alternative that better meets a corporation's overall risk management needs. This is value-based ERM, which is an approach that makes the quantification of enterprise value central to all aspects of the ERM process. It is a combination of two techniques—enterprise risk management and value-based management, and it captures all of the risks in a single metric.

Description: This article is about the annual call for ERM-related research papers that present the very latest in ERM thinking and move forward principles-based approaches. The call discussed in this article was issued in October 2005 and attracted nearly 30 entrants, from which there was one winner and eight more that were selected for presentation at the 2006 ERM symposium. They were listed in the article and can be found, along with the 20 other entrants on the ERM Symposium Web site at: www.ermsymposium.org.

Description: Article from Risk Management Newsletter, March 2006, No. 7, discusses the Committee of Sponsoring Organizations (COSO). Actuaries like to think of COSO as a euphemism for accountants taking over the world, especially in view of its sponsorship. The COSO has as its primary goal the improvement of corporate financial reporting, which makes it a stronghold in the emerging practice of Enterprise Risk Management.

Description: The focus of this article is that while Economic Capital can be a valuable component of the ERM process for insurance companies, an over-emphasis on EC, to the point of neglect of other steps in the ERM process, can reduce the effectiveness of an ERM program.

Description: Full French version of Risk Management, March 2007, Issue No. 2007.

Description: August issue of the Joint Risk Management section’s newsletter.

Description: December French issue of the Risk Management Section newsletter.

Description: March issue of the Joint Risk Management Newsletter