Description: This report aims to help actuaries and other interested parties to define the relative differences in managing risks between the insurance and banking industries. This report guides actuaries and others about change risk management practices to prevent future financial failures. The paper seeks to examine what factors account for the differences in the United States, compared with Canada about the underlying causes and effects of the most recent crisis with financial institutions.

Description: In summary, the goal of this report is to foster better industry-wide education, training and practice that decreases the future range and scope of what leading risk management professionals will henceforth label as being unpredictable as events now commonly thought to be so.

Description: The material contained herein does not represent an official position, statement, or endorsement on behalf of the Society of Actuaries or its members, nor should the material be construed to do so. This work is the product of a research effort commissioned by the Society of Actuaries to add to the library of resource tools and further knowledge in this area.

Description: The Casualty Actuarial Society, Canadian Institute of Actuaries, and the Society of Actuaries' Joint Risk Management Section is pleased to make available a research report that examines the characteristics of insurers' operational risk in the context of current understanding and application. The report was written by Madhu Acharyya of Bournemouth University.

Description: The study demonstrates that both the autoregressive integrated moving average (ARIMA) and autoregressive integrated moving average with exogenous variables (ARIMAX) methodologies have the ability to produce accurate four-quarter forecasts.

Description: This report aims to expand our understanding by providing a methodology to quantify uncertainty in risk assessment.

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

Description: The Math Motivators Matching Gift Campaign has been extended. SOA members can donate now to support math tutoring to low income high school students.

Description: The opioid epidemic cost the U.S. economy at least $631 billion from 2015 to 2018, according to a Society of Actuaries’ (SOA) analysis of non-medical opioid use during this timeframe.

Description: Organizations representing the actuarial professions in Canada and the United States have updated the Actuaries Climate Index (ACI) with data from the winter of 2018–19, with the 1.00 value for the season contributing to an upward trend in the average ACI value for winter.