Description: This article provides a very high level overview of accelerated underwriting programs and their history in the US marketplace. It then discusses setting up an actuarial control cycle for such products and some items related to risk management that are helpful in this setting. Pros and cons of retrospective studies, random holdouts, targeted holdouts and post issue analysis are discussed. A mathematical example of how to estimate the mortality impact of such programs from early emerging experience is provided.

Description: Finding appealing return on equity for low margin or high risk weighted asset business by dealers has been challenging. Because of this, trading assets have fallen substantially especially in rates and corporate trading books. Smaller books suggest challenged liquidity as balance sheets become less elastic.

Description: A framework for pension risk management: diagnose pension risk factors, decide factors to address, utilize risk management toolkit, select strategy, monitor strategy

Description: Update on JRMS activities, including a look ahead to 2014. Also a brief exploration of actuarial predicitons versus predictions made by other professionals.

Description: SOA sponsored research tackled potential low-interest-rate scenarios. This article is based on findings in the report but does not mirror the report with regard to content as it looks at the interest rate impact on assets, liabilities and their interactions. Potential drivers of low rates are identified, along with risk management recommendations for insurers and regulators. These drivers include demographics, behavioral responses to the economy, environmental costs and changes to the economic landscape.

Description: Read the August 2018 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Hear from the editor’s on the August 2018 issue of Risk Management published by the JRMS.

Description: Update on issues, priorities and key messages from the Joint CAS / CIA / SOA Risk Management Section Council.

Description: Read the French language version of the March 2018 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This article discusses how the risk model, is an attempt to see the world in a much more realistic way.