Description: Risk management theory prescribes a few legitimate reasons for management to hedge corporate revenues and reduce income volatility. In this paper we will use the oil tanker industry to illustrate some of these strategic considerations and how management can account for them in their decisions regarding whether and how much to hedge. Further work is needed to incorporate these considerations into a broader theoretical framework. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: Summarizes a research paper considering insurer performance during the financial crisis, with actions and circumstances that improved results highlighted.

Description: Summary of Investment Council sponsored meetings as 2015 annual meeting

Description: Adaptive Risk Management harnesses social intelligence to identify emerging risks. We have entered an age of disruption where exponential technologies are transforming every industry. The ability to pivot in a rapidly evolving ecosystem is essential. Centralized “predict and control” paradigms will increasingly fail as complex interactions drive phase transitions. Successful organizations will harness social intelligence to “sense and respond” to giant waves of change. Maps amplify intelligence to help us navigate challenging terrain. Maps play a central role in all command centres, enabling rapid risk identification with a shared visual language. Interactive financial network maps allow analysts to explore and diagnose systemic fragilities, and mitigate critical vulnerabilities. Dynamic financial maps can also build visual intuition to detect escalating risk patterns. After observing early warning signals, analysts can apply network analytics to estimate likely second order effects. This allows organizations to proactively manage emerging risk before tipping points are crossed.

Description: In this comprehensive exploration led by Eric Milner, viewers are immersed in the intricate realm of actuarial science and quantitative finance. The video navigates through interest rate modeling, yield curves, and financial derivatives, shedding light on their practical significance in global financial operations. Key concepts such as Cox-Ingrersoll-Ross and Hull-White models are elucidated, alongside standard yield curve models and advanced quantitative tools like the Black-Scholes model and Monte Carlo Simulations. Actuaries gain indispensable insights into managing complex financial risks, fostering stability, and resilience against market fluctuations, crucial for strategic decision-making and investment planning and risk management across various sectors. Contributors: Eric Milner, ASA, MAAA; Richard Vaccaro, FSA, MAAA ; Diyi Zhao ASA, MAAA; Jon Forster ASA, MAAA

Description: Investment Fallacies: Bitcoin Fallacies

Description: Book Review Pension Fund Excellence—Creating Value for Stakeholders by K.P. Ambachtsteere & D.D. Ezra Reviewed by Barnet N. Berin from Pension Section News, November 1998, Issue No. 38.

Description: Argues renewable energy will displace fossil fuels, leading to investment opportunities and risks