Description: Current risk management approaches for variable annuity business are not working very well in today's market turmoil.

Description: In this article, the author examines five common perspectives on risk and see how they affect not just each participant’s own choices but everyone else’s choices, as well.

Description: The Joint Risk Management Section conducted its fourth survey of emerging risks in fall 2010 in light of the BP oil spill which brought the impact of various risk combinations to the fore.

Description: This is a book review of 'Mastering Operational Risk'. The book offers a high level review of the risk management process based on the banking industry. The target audience is someone interested in understanding their company's operational risk framework.

Description: This article is a recap of the 2010 ERM symposium and the paper awards.

Description: Feature article discussing quantitative impact studies, QIS5, on Solvency II.

Description: Note from the Council Corner providing an update to our JRMS members on recent / upcoming activities.

Description: Actuarial activity in Azerbaijan commenced in 2008 with the enactment of the insurance law. The Actuarial Association of Azerbaijan was created in that year. The insurance law prescribes an official roster of actuaries who qualify after passing an exam. There is also the position of “appointed actuary” who reports directly to the board of directors of the insurance company. However, due to the relatively fast development of the insurance market, there is an urgent need of qualified actuaries. Actuaries Without Borders and the International Actuarial Association have thus helped in the capacity building process. This article describes the workshop that was held in Baku, in December 2019.

Description: The article provides an update on the 2019 ERM Symposium with regard to date, location and content (General Sessions and Concurrent Sessions).

Description: Note from Editor introducing the articles in this issue.