Description: The article contemplates whether there is heightened sensitivity towards how investment activity is portrayed and described.

Description: This article summarizes an emerging risk research project completed by the Joint Risk Management Section. The major categories of risks in the survey were 1. Economic, 2. Environmental, 3. Geopolitical, 4. societal and 5. Technological.

Description: The article discusses how well the GDP Gross Domestic Product reflects the true state of the economy. It also describes the process of calculating the GDP advance estimate, preliminary estimate and then final estimate.

Description: Risk management techniques do not include system science. System science requires that the uncertainty of the world is incorporated into the results. The articles explains the difference between risk and uncertainty. Learn how risk practices create an overoptimistic view of future outcomes.

Description: This article is the second installment in a three-part series on economic scenario generators (“ESGs”). Part I was published in the November 2019 issue. Part II addresses critical considerations in selecting, building, using, and validating ESGs. The article discusses key criteria in understanding ESGs including: - Risk factors - Scenario type - Process and parameterization - Calibration - Number of scenarios - Timing considerations

Description: Microinsurance mechanisms provide coverage to low income earners, but a growing middle class is often lacking adequate access to insurance services. The author explores ways in which insurance may be more accessible.

Description: This report is a brief summary of a symposium held in Sweden in March 1972, initiated and sponsored by the Swedish insurance companies which discusses the side effects of the development of modern chemical industry and the exposure of living organisms to a variety of chemicals in the environment. The danger of the long term effects on health are addressed.

Description: Book Review: Energy Crisis. This book will be of interest to actuaries who routinely making long-range assumptions in their daily work with regard to future interest rates and general economic conditions.

Description: The Consumer Price Index CPU affects almost all Americans in some way. As the most widely used measure of inflation for the U.S. economy, the CPI is a key indicator of the effectiveness of government economic policy.