Description: This research report explores investment year methodology to set renewal credited rates. There is an accompanying Excel workbook created as a teaching aide.

Description: This report presents the major findings from the eleventh annual Emerging Risks survey.

Description: This is the full research report for the thirteenth Emerging Risk Survey which summarizes the results of the survey.

Description: Max Rudolph's winning essay.

Description: This is the key findings research report for the fifteenth Emerging Risk Survey

Description: Since 2008 the Joint Risk Management Section, sponsored in partnership by the Canadian Institute of Actuaries (CIA), Society of Actuaries (SOA) and Casualty Actuarial Society (CAS), has annually conducted a Survey of Emerging Risks. As the researcher for this project, I have asked open-ended questions thought to be useful to risk managers. Andy Grove noted the importance of viewing problems from an outsider’s perspective. After a strategy he implemented had struggled, he hypothesized how the strategy would change if he was fired. This paper summarizes activities that are perceived as adding value by risk managers. Each company is unique based on the skill set of the risk team and needs of the firm, many of which are strategic and can be fulfilled through well thought out scenario testing. These can be split into eight themes.

Description: List organizations types that does not have incentive that is aligned with public interest or interest of the organization itself.

Description: The focus of the essay is how to use regulatory requirements like ORSA to add competitive advantage. This is accomplished by leveraging the work done for regulators in a way that helps a firm make better decisions. Looking for concentrations of risk, model shortcomings and changing correlations are considered. Stress testing, counterparty risk and changing risk appetites are all topics that help the risk manager better understand the risks accepted. Finally, the paper suggests that the risk officer job should be split into a component that focuses on the process and risk mitigation techniques. The Chief Risk and Return Officer would reside in the strategic planning area and participate in strategic decision making for the firm. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: The goal of this paper is to examine similarities between value investing and enterprise risk management (ERM) methods.

Description: The goal of this paper is to examine similarities between value investing and enterprise risk management (ERM) methods.