Description: Challenge to actuarial business as usual in re public pension plans with a focus on setting actuarial standards of practice

Description: In order to better develop skill in predictive analytics, the author suggests looking to professionals who design innovative predictive models and, more importantly, find effective ways to communicate their findings to a large audience.

Description: Malpractice Claims: What You Can Do To Protect Yourself by David R. Godofsky from Smaller Consulting Firm Section, January 2003, Issue No. 1.

Description: Issue Introduction and editorial on how PAF tools and techniques can ease the angst of competing in the financial risk arena.

Description: The SOA president emphasizes the importance of actuaries maintaining their level of professionalism by always striving to inform and prepare the decision maker with all the possibilities, not just the quick answers or the minimum level of disclosure.

Description: Letter to editor responding to "“Blood, Guts, ASOPs and Delivery System Reform", interpreting ASOPs differently than the authors.

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: How insurers can build trust with the customers, particularly in the context of micro-insurance.