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: This article argues that during boom times, it is virtually impossible to get regulators to oppose politicians who are being lobbied by financial services organizations, thus a bubble expands and a bust is inevitable.

Description: The predictive analytics application growth in the Asia-Pacific region has been gaining momentum.

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

Description: Read the French language version of the March 2017 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: Other articles that will be of interest to readers.

Description: This article defines operational risk, gives some real-life examples of improperly managed operational risks and the consequences thereof, and provides advice on steps necessary to mitigate operational risk.

Description: Article from Risk Management Newsletter, July 2005, Issue 5 on operational risk in IT projects. Operational risk can sometimes be a broad and elusive concept. A definition is thus necessary. The accepted definition within the financial community is to define operational risk as the risk of direct and indirect losses resulting from inadequate or failed internal processes, systems, people or external events.