Description: This paper reports on the findings of a working group established in 1999 by the SOA's Finance Practice Area to look at how the insurance industry measures and monitors risk through risk position reporting. Also the working group established industry standard practices in risk position reporting and reported on a number of areas for possible improvement in such reporting.

Description: Focusing on the topic of Principle Based Reserves (PBR), the SOA offers on-demand education. The PBR series consists of ten micro-lessons providing foundational education on PBR and requirements of VM-20.

Description: Full version of Risks and Rewards Newsletter, October 1998, Issue No. 31.

Description: Full version of Risks and Rewards Newsletter, August 1999, Issue No. 33.

Description: This article notes that life insurance companies have long used sophisticated techniques for appraising capital investment, and explores the question of whether these techniques can be applied to other industries.

Description: Forming a view on what the tail looks like for various risk factors involves both technical know-how and considerable judgment. The presenters focus on what needs to be addressed when setting financial market risk and insurance risk assumptions, in particular when assessing the question of diversification and the treatment of tail dependencies between risks and lines of business:

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

Description: This paper, part of the Society of Actuaries [SOA} ‘Research Projects – Finance/Investment,’ was developed by a working group was set up by the SOA’s Finance Practice Area to look at how the insurance industry measures and monitors risk through risk position reporting. This paper reports on the findings of this working group, establishing industry standard practices in risk position reporting. The paper also determines a number of areas in which insurance industry practitioners believe risk position reporting in the insurance industry can be improved.

Description: There is widespread acknowledgement in the insurance industry that cyber risk remains an untamed and seemingly ever-growing beast. It is also unique in the family of risk exposures faced by insurers in that it is both an emerging risk and an emerged risk. What are companies doing to keep on top of this risk? What are actuaries doing to contribute to cyber risk management, and what can we learn from other industries and disciplines?

Description: In this article chairperson Anthony Dardis takes a look back at the achievements of the Investment Section Council halfway through his tenure as chair.