Description: This column lists articles and other forms of media The Actuary’s contributing editors feel will be of interest to their fellow actuaries.

Description: This paper will use a sample example to examine the relationship between the pricing objective of ROI and the corporate profit measure of ROE. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: We explore four plausible scenarios for how AI might reshape the future, focusing on employment as the main driver. At one extreme, AI boosts productivity, sparks entrepreneurship, and leads to near-full employment through human-AI collaboration and reformed education. At the other end of the spectrum AI-induced mass layoffs trigger an economic spiral, with soaring unemployment, creative stagnation, and societal resentment. The middle path presents a fragmented transition with a two-tier workforce, periodic recessions, and variable adaptation success. Lastly AI fizzles due to poor returns and rising costs, causing economic stagnation and investor losses without widespread disruption. Each scenario also includes potential impacts on the insurance industry, ranging from innovation and growth to regulatory strain and investment losses in the others. Proactive scenario planning, by preparing for multiple futures by identifying early warning signals, adapting plans, and strengthening institutional resilience is encouraged. The article closes with four additional speculative scenarios, including government-controlled AI, AI dominance, militarized AI, and mass surveillance. Ultimately, the piece argues that while AI’s future is uncertain, the choices made today will shape whether it becomes a partner, a threat, or a disappointment.

Description: Strategic Risk Management was given lower priority in a recent survey of ERM Objectives. This article tells how the author believes that recent events have caused many to shift to a more short term focus and in the future there will be a shift back to a priority for the longer term view that stands behind Strategic Risk Management when the environment settles down and things again seem to be more predictable.

Description: This report provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. during the week of November 28, 2020. The survey asks about the degree to which the respondents perceive that people in their community are following 21 common mitigation practices. The responses are separated by state and compared to state level statistics regarding the level of COVID-19 infections from the Johns Hopkins COVID database for the same time period.

Description: This report provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. during the last half of April 2021 along with comparisons to prior half-month time periods.

Description: This report provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. during the final four months of 2020 and the first two months of 2021. The survey asks about the degree to which the respondents perceive that people in their community are following 21 common mitigation practices. The responses are separated by state and compared to state level statistics regarding the level of COVID-19 infections from the Johns Hopkins COVID database for the same time period.

Description: This report provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. during the final four months of 2020 and the first four months of 2021. The survey asks about the degree to which the respondents perceive that people in their community are following 21 common mitigation practices. The responses are separated by state and compared to state level statistics regarding the level of COVID-19 infections from the Johns Hopkins COVID database for the same time period.

Description: This article is a request for new volunteers to participate in the Risk Management Task force projects.

Description: Full version of Risk Management, November 2004, Issue No. 3.