Archive of risk management

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Heading to Macau: SOA Annual Symposium Offers Professional Development in Asia

The Society of Actuaries continues to broaden its international professional development programs with the SOA Annual Symposium, Outlook in Asia: Actuarial Trends & Solutions, 24-25 June 2013 in

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2013 Investment Symposium – if you are impacted by investment risk, this is your meeting!

By Tracy Labonte and Ed Martin, 2013 Investment Symposium Co-Chairs The state of the economy has always impacted actuaries and their work, but that has never been more true than today. Low interest

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24May2012
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SOA Blog
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Risk
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Risk Management News: May 2012

Each month we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy t

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14May2012
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SOA Blog
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Risk
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Risk Metrics for Decision Making and ORSA

The Joint Risk Management Section of the Society of Actuaries (SOA), the Casualty Actuarial Society (CAS) and the Canadian Institute of Actuaries (CIA), in collaboration with the International Network

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04May2012
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SOA Blog
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Risk
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Risk Management News: April 2012

Each month we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy t

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30Mar2012
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SOA Blog
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Risk
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Risk Management News: March 2012

Each month we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy t

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02Mar2012

Risk management links for the month of February 2012

Each month we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy t

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03Feb2012
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SOA Blog
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Risk
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Risk management links for the week of January 30

Each Friday we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy

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Health care costs

by Jim Toole, managing director, life & health, FTI Consulting According to the Office of the Actuary, U.S. health spending grew more slowly in 2009 and 2010 than at any time since Medicare was signed into law.  Driven by the recession, Americans delayed hospital care, avoided emergency room visits, and changed the way they purchased prescription drugs, reducing the growth in health spending close to the rate of the economy overall. Despite this, health insurance premiums grew faster than insurance spending, and the overall margins that insurers enjoyed increased.  Some insurers were charging higher rates to address the uncertainty posed by the PPACA, but in general the costs associated with the changes in law have yet to materialize. Health benefit plan costs rose at rates higher than the rate of spending, squeezing margins and reducing the competitiveness of U.S. businesses internationally.  Businesses responded by pushing more costs to employees, reducing overall benefits and switching to higher deductible plans with lower premiums.  (more…)

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27Jan2012
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SOA Blog
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Risk
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Risk management links for the week of January 23

Each Friday we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy the links for the week of January 23, 2012. As determined through hundreds of interviews with global business leaders and experts, income inequality tops the World Economic Forum’s annual list of likely global risks for 2012. Others risks topping the list include bad government balance sheets, greenhouse gas emissions, cyber attacks and water shortages. Erwann Michel-Kerjan, managing director of Wharton’s Risk Management and Decision Processes Center and report co-author, says these risks are not low-probability events and are pretty likely to happen. (Source: US News & World Report) (more…)

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