Description: Profile of the new SOA Modeling Section.

Description: New International Financial Reporting Standards promise to trigger fundamental changes in the role and significance of actuarial models for insurers.

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

Description: Asset modeling is becoming increasingly complex, detailed and important to insurance company financial reporting and risk management. This article describes the author's personal perspective on the current state of asset modeling in insurance companies and the future challenges facing actuaries who develop, maintain and use ALM models.

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

Description: The Financial Reporting and Product Development Sections, along with the Committee on Life Insurance Research are pleased to make the following report available. Prepared by Bruce Rosner of Ernst & Young, the report summarizes the findings of a stochastic modeling efficiency study. With the help of twelve life insurance and annuity companies, the study tested six techniques for reducing the number of model points or scenarios required to achieve a given level of precision in stochastic actuarial modeling.

Description: This article addresses the concern that while risk assessment models are supposed to help identify and reduce risk, they can be a source of risk themselves. A new report released by the Canadian Institute of Actuaries in August 2008 helps address that potential problem by providing useful guidance to actuaries who are charged with designing, implementing and using advanced models.

Description: This newsletter column by the Modeling Section Chair reflects on his attendance at the 2015 Actuarial Research Conference in Toronto and the relationships between practicing actuaries in industry and those in academia, and specifically those involved in research. How can we help promote academics research that is effective and relevant for practical use? Hopefully the Modeling Section might facilitate that effort.

Description: While Model Efficiency and Model Governance may seem like completely separate topics, there is an intersection of them that should be of growing interest to modeling actuaries. This column from the Modeling Section Chair explores this area, asking how we will govern the increasing use of innovative modeling efficiency techniques.

Description: The Chair of the newly formed Modeling Section describes the many different meanings and usages of the word model and various types of models that actuaries may work with. This in turn suggests many possible areas of activity for the new Section of the SOA in sponsoring and delivering professional development to Section members.