Description: New Society of Actuaries Professional Development Requirement for Candidates Working toward Fellowship in 2000

Description: Contemporary ERM has moved from an event-based view of risk to a hierarchical, systems-based approach. In order to operationalize such an approach, a methodology is proposed in this paper that draws on phylogenetic approaches that have been successfully developed for biological evolution. The technique and process provide an insight into the lineage, pace and impact of external conditions on the evolution of risks. They also provide a unique and rational classification of risk in an enterprise that can be used to optimize risk management resources. An example of a fictitious insurance company is used to illustrate the approach. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: The September 2013 issue of the SOA Marketing and Distribution Section’s newsletter, NewsDirect

Description: A new reason for the inherent instability of the insurance business can be found in the literature of anthropology. The theory of plural rationalities, also known as Cultural Theory of Risk or simply Cultural Theory, posits that the world is populated by people with four fundamentally different attitudes toward risk. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: The article is a series of question and answers related to microinsrance with the editors of the book "Actuaries in Microinsurance".

Description: The article describes the sessions at the upcoming annual meeting.

Description: Discusses the fourth Colloquium organised by the Pensions, Benefits and Social Security Section of the International Actuarial Association 'IAA'. The future of pension regulation and the key lessons to be learned from the financial crisis were covered at the event.

Description: This is a study on the Nesbitt formula and the variants to this formula.