Description: The first of two parts of a panel discussion, by conference call, on the the evolution of Enterprise Risk Management at life insurance companies, and actuaries' roles in that evolution.

Description: Practical insights from Joe Nunes on planning in business.

Description: This article is the first of three parts in helping you to move forward when your career growth seems to be stalled. In this part, help you discover WHY your career has slowed and then move on to the WHAT and HOW in parts 2 and 3.

Description: Letter from the editor

Description: This article provides a view on financial market dynamics and how this view can be applied to the Japanese public equity markets today.

Description: 2015 VBT Mortality 2017 CSO Mortality

Description: A summary of a seminar organized by the Vietnam Actuarial Community

Description: This article charts out a basic framework that should be utilized when undergoing optimization of reinsurance arrangements.

Description: If you’ve been reading my columns for a while, you have no doubt recognized that I tend to be consis- tently optimistic when it comes to the insurance contracts project meeting deadlines. I am constantly disappointed as the International Accounting Standards Board IASB and Financial Accounting Standards Board FASB fail to meet their own deadlines for producing exposure drafts or other papers. But this time is different.

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.