Description: This article discusses the activities of the Committee on the Theory of Risk, a research committee of the Casualty Actuarial Society. These activities include sponsorship of research related to risk theory, promotion of continuing education on the topic, and engaging in thought-provoking activities to expand the leading edge in actuarial science.

Description: Article discusses how to access or request to be on the Listing of Preferred Venders for Entrepreneurial Section members.

Description: This paper highlights how incorporating risk management into the planning process assists the entrepreneur in gaining a better understanding of the business system and analyzing and managing operational risk.

Description: With a reference to Malthus, this paper notes that the main constraint on human population in the foreseeable future is cultivable land for food agriculture. The author proposes a solution involving the use of land that is currently desert, using desalination and solar power a plan which he demonstrates can be sustainable and profitable.

Description: This article discusses important implications of the upcoming Long-Duration Targeted Improvements (LDTI) accounting change for the modeling actuary. We discuss the modeling implications of new GAAP standards for Market Risk Benefit (MRB), including identification of MRBs, implementation of fair valuation in actuarial systems and retroactive determination of at-issue valuation inputs for transition. We also examine the modeling implications of the other aspects of the accounting change, including Liability for Future Policy Benefit (LFPB), Deferred Acquisition Cost (DAC), and other transition and disclosure requirements

Description: Review of experiences and lessons learned from the New Brunswick shared risk plan to encourage continued improvements in plan design and administration

Description: The purpose of paper is to outline and illustrate some of the more important differences among the current US and Canadian regulatory capital regimes and the standard formula of the Solvency II framework using a hypothetical term-life insurance portfolio as an example.

Description: This paper shows how Tranched Capital and RAROC can produce very different indicated reinsurance purchases than does the ISA.

Description: This paper gives an overview of fuzzy optimization, presents applications of fuzzy optimization and investigates ways to extend the methodology to risk assessment.

Description: This paper investigates the one-asset portfolios, mixed-asset portfolios, and a dynamic investment portfolio which allows a switch from an aggressive portfolio to a conservative one at middle ages.