Description: Risk management and capital budgeting are two critical components of the corporate decision process. They often need to be considered jointly at the corporate level because of their natural interaction through the dependent risk exposures and other synergetic relationships within an intricate corporate structure in a dynamic business environment. . This paper develops an integrated framework that aligns these two important corporate strategies across business divisions to optimize the streamlined enterprise strategic goal in a multi-period setting. The proposed integrated framework can serve as a practical guideline for corporate executives to optimally coordinate capital budgeting and risk management at the enterprise level.

Description: Describes ways to avoid the next financial crisis by following the example of those who got it right and discerning what you could be doing to prevent your firm from experiencing excessive losses in future crises.

Description: A summary of a seminar organized by the Vietnam Actuarial Community

Description: Four ways in which actuaries can effectively work to help successfully implement system development projects.

Description: This article considers ways actuaries can meet the growing demands of senior executives by redefining their role and the actuarial operating model.

Description: Collection of essays received in response to the “Systemic Risk, Financial Reform and Moving Forward from the Financial Crisis” call for essays.

Description: Actuarial modelers need to engage and leverage IT expertise in the design, maintenance, and control of actuarial models.