Description: Hear from the editor’s on the August 2018 issue of Risk Management published by the JRMS.

Description: Update on issues, priorities and key messages from the Joint CAS / CIA / SOA Risk Management Section Council.

Description: Read the French language version of the March 2018 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: When companies engage in risk management activities, they can be seen as modifying their distributions of future outcomes. Often, this takes the form of trading off a sure cost for a decrease in some potential risk of loss. Companies may carry out these activities with several goals in mind, such as reduction in earnings volatility or preservation of capital. This paper will demonstrate a method for evaluating possible strategies by dividing the effects on costs and risks into three tranches: earnings, impact and estate. The tranches can be associated with different interests of the various stakeholders. This trifurcation analysis can help to explain the risk-reward trade-offs of different risk treatment alternatives and can aid in risk-related decisionmaking.

Description: This article discusses how the risk model, is an attempt to see the world in a much more realistic way.

Description: Article from Risk Management Newsletter, July 2005, Issue 5 highlight the credit risk survey results. During a three-week period last summer, the Credit Risk Listserv surveyed over 5,000 actuaries who are members of the Risk Management Section, the Investment Section and the Casualty Actuarial Society (CAS). Over 500 valid responses were received and tabulated by our long-standing vendor partner www.perfectsurveys.com (now www.SurveyZ.com). To put it mildly, the response was overwhelming (typical responses to a survey of professionals such as ourselves number no more than 250). I will share some of the highlights from the tabulations.

Description: This Chairperson's Corner article discusses the SOA becoming the pre-eminent risk management profession. The Chairman's message is that actuaries have the inside track on risk management positions in the insurance industry and have a basis for competing for similar positions in the broader financial services industry.

Description: Article from Risk Management, July 2006, issue 8 regarding the Enterprise Risk Management Task Force, which is organized under the AAA's Financial Reporting Committee and was created by the North American Actuarial Council, serves as the North American actuarial profession's hub for discussing research, educational and public policy initiatives relating to enterprise risk management, and seeks to develop work on ERM-related public policy issues that affect multiple areas of actuarial practice.

Description: This article describes an initiative of the Chief Risk Officer Forum to perform a study to benchmark internal models, so as to discuss the admissibility of these models for regulatory purposes in the context of Solvency II. The results of and reactions to that study are discussed.

Description: This article discusses INARM and its function on the web.