Description: The author explores the importance of treating the modeling process as a dialogue and collaboration.

Description: Companies need to learn to plan for uncertainty by taking into consideration downturns, not just an environment of moderation and occasional booms.

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 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: 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: Most of our standard risk management processes are designed to work well within a shifting environment that stays fundamentally the same over time. We are likely to experience something drastically different starting soon - a major regime change. This webinar addresses how we might react to such turbulent times both to survive current issues and prepare to thrive in a new future. Participants will learn how scenario planning can be used to help envision a way forward. A case study will look at the ways that this regime change might affect our cities, how that could affect insurers and how both cities and insurers can approach the transition period as well as plotting a course for the future regime.

Description: The series finale on thinking and decision making, this article explores when actuaries should use a heuristic or systems analysis method of decision making.

Description: Full version of Risk Management, March 2007, Issue No. 10.

Description: We can do a better job of communicating the degree of "riskiness" that is inherent in our models of risk. The "Coefficient of Risk" is one way to present fatness of model tails in simple terms using widely understood basic concepts.