Document library
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- Author:
- IFoA
Terms of Reference - Risk Management Education, Continuing Professional Development (CPD), Career Support and Development Sub-committee
This document sets out the terms of reference for the Risk Management Education, Continuing Professional Development (CPD), Career Support and Development Sub-committee. Risk Management Education, Continuing Professional Development (CPD), Career ... read more >>
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- Author:
- IFoA
Task and Person Specification, Deputy Chair - Risk Management Education & Continuing Professional Development Sub-committee (RM ECPD)
This document sets out the task and person specification for the volunteer role of Deputy Chair on the Risk Management Education & Continuing Professional Development Sub-committee (RM ECPD) Deputy Chair – Risk Management Education and Continuing ... read more >>
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- Author:
- IFoA
Task and Person Specification, Committee Member - Risk Management Education & Continuing Professional Development Sub-committee (RM ECPD)
This document sets out the task and person specification for the volunteer role of committee member on the Risk Management Education & Continuing Professional Development Sub-committee (RM ECPD) Committee Member – Risk Management Education and ... read more >>
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- Author:
- International Actuarial Association
Note on enterprise risk management (ERM) for capital and solvency purposes in the insurance industry
This Note has been developed by the IAA for insurers to support the Standards and Guidance materials developed by the International Association of Insurance Supervisors (IAIS) for supervisors. It draws on industry experience, supervisors’ supervisory ... read more >>
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- Author:
- Institute and Faculty of Actuaries
ERM Research & Thought Leadership Committee - Task and Person Specification for Deputy Chair
This document sets out the task and person specification for the volunteer role of Deputy Chair of this committee. Deputy Chair – ERM Research & Thought Leadership Committee We are seeking to appoint a proactive, innovative volunteer to take ... read more >>
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- Author:
- Dr Aled Jones; Irma Allen; Nick Silver; Catherine Cameron; Candice Howarth and Ben Caldecott
Research report - Resource constraints: sharing a finite world. Implications of Limits to Growth for the Actuarial Profession
Economic growth has received significantly more attention globally over the last few years. While traditional growth has been very visible through the consumption of resources, the resources required to sustain the current level of economic growth may not ... read more >>
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- Author:
- International Actuarial Association
Practice note on enterprise risk management (ERM) for capital and solvency purposes in the insurance industry
This Practice Note has been developed by the IAA for insurers to support the Standards and Guidance materials developed by the IAIS for supervisors. It draws on industry experience, supervisors’ supervisory practices, models and frameworks published by ... read more >>
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- Author:
- David Ingram; Laura Santori; Mark Puccia
Insurance criteria: evaluating the enterprise risk management practices of insurance companies
With the new risk-management evaluation process described in this paper, risk managment will become a separate, major category of S&P analyses. Best performers in that category will have robust risk-management processes that are carried across the ... read more >>
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- Author:
- Economic Capital Subgroup of the Society of Actuaries Risk Management Task Force
Specialty guide on economic capital
At its most basic level Economic Capital can defined as sufficient surplus to cover potential losses, at a given risk tolerance level, over a specified time horizon. This is the working we will use throughout this Specialty Guide, adding details as needed ... read more >>
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- Author:
- Institute and Faculty of Actuaries
Risk and Investment - Conference Programme Committee 2013 - Detailed Specific Task Description
This document sets out the tasks involved in this volunteer opportunity. It also highlights the ideal type of candidate and lists the support which the volunteer will receive. Risk and Investment – Conference Programme Committee 2013 Detailed ... read more >>
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- Author:
- Roger Dix
- Source:
- Yorkshire Actuarial Society (2012)
What keeps a CRO awake at night? Presented to the Yorkshire Actuarial Society, 28 March 2012
ROGER DIX UK LIFE CHIEF RISK OFFICER "WHAT KEEPS A CRO AWAKE AT NIGHT" WHAT KEEPS A CRO AWAKE AT NIGHT “EVENTS, DEAR BOY, EVENTS” Well “events” have scuppered my plans for today – I made it to this morning’s Managers Forum, which was ... read more >>
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- Author:
- Paul Sweeting
Financial enterprise risk management - errata sheet
Errata sheet for Financial enterprise risk management by Paul Sweeting. Updated as at 21 November 2012 Financial Enterprise Risk Management – Paul Sweeting ERRATA 3 October 2011 Page Words/ref Line Comments 12 6+7 6 Delete “by” ... read more >>
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- Author:
- Institute and Faculty of Actuaries and the Institution of Civil Engineers
Handling uncertainty - the key to truly effective Enterprise Risk Management
The actuarial and civil engineering professions have jointly sponsored this booklet, as a contribution to thought leadership and in the public interest, as well as for the guidance of our own members. It outlines a significant new approach to Enterprise ... read more >>
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- Author:
- Institute and Faculty of Actuaries; Institution of Civil Engineers
Handling uncertainty - the key to truly effective Enterprise Risk Management
The actuarial and civil engineering professions have jointly sponsored this booklet, as a contribution to thought leadership and in the public interest, as well as for the guidance of our own members. It outlines a significant new approach to Enterprise ... read more >>
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- Author:
- Neil Cantle
- Source:
- Paper prersented to Yorkshire Actuarial Society, 29 November 2011
Applications of complexity science to risk appetite and emerging risk
© 2011 The Actuarial Profession www.actuaries.org.uk Yorkshire Actuarial Society Neil Cantle, Milliman Applications of complexity science to risk appetite and emerging risk Applications of complexity science Introduction © 2011 The Actuarial ... read more >>
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- Author:
- Paul Klumpes
- Source:
- EDHEC-Risk Institute
ERM - Credit Rating and Hedging Impacts (Do credit rating incorporate firms' risk management?)
Abstract Keywords: credit rating, credit risk, firm’s risk. 1 Do credit rating incorporate firms’risk management? Abstract This study investigates the relation between firm risks and credit rating for a larger sample of US-firms over the ... read more >>
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- Author:
- Financial Reporting Council
- Source:
- Financial Reporting Council
Effective Company Stewardship - Next Steps
The Financial Reporting Council (FRC) consults on changes to the UK Corporate Governance Code, the Guidance on Audit Committees and the Turnbull Guidance in relation to audit committee reports and risk. This is the feedback statement on the ... read more >>
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- Author:
- Baroness Hogg
- Source:
- Financial Reporting Council
Boards and Risks - A summary of discussions with companies, investors and advisers
This is a general report produced by the Financial Reporting Council to examine how boards are approaching their responsibilities in relation to risk. This report has no formal status (and it is not a guidance), but has been developed to give companies a ... read more >>
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Transcript of the Conflicts of Interest consultation meeting held in London on 24 October 2011
Transcript of the 'Conflict of Interest' consultation meeting held in London on 24 October 2011 PAGE PAGE 41 The Actuarial Profession Institute and Faculty of Actuaries -------- Conflicts of Interest Consultation Meeting Monday 24 October ... read more >>
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- Author:
- Feifei Zhang
- Source:
- Paper presented to the Yorkshire Actuarial Society, 9 November 2011
Credit default swaps.
Yorkshire Actuarial Society Credit Default Swaps Feifei Zhang York 9 November 2011 Credit Default Swaps: a primer Introduction o A CDS is an over-the-counter (OTC) swap contract in which the protection buyer makes a series of payments to the ... read more >>