Description: Enterprise risk management (ERM) needs to be seen in perspective of other management priorities and is not first in the hierarchy of corporate needs.

Description: The author delves into other important parts that should be in the scope of model validation besides the code.

Description: This article discusses the risk-sharing arrangements provided by a number of different types of hybrid pensions, focusing on hybrid designs in the United States, Canada and the Netherlands, with particular emphasis on the New Brunswick (Canada) shared risk plan.

Description: This article describes behavioral finance and its relevance in identifying analytics and processes suitable for a control environment for the actuarial aspects of an insurance company.

Description: Feature article discussing actuaries’ view of the perfect health care reform package with an emphasis on funding/financing. Part 4 of a 4-part series.

Description: The editorial cautions that while the development of more sophisticated models may increase efficiency, it is important to consider the very real risk management costs associated with the increased complexity, efficiency and overconfidence in the predictive power of models.

Description: The author shares the story of his actuarial career and provides insight into the development of retirement today and the past and future of the pension actuary.

Description: Effective May 2014, changes are coming to Exam MLC.

Description: Discusses the emerging issue of non-formulaic reserves, which surrounds principles-based reserving, in a Q&A format.

Description: The authors explain big data and the potential uses of this information, especially as it is beginning to be adopted by the life insurance industry.