Description: This presentation is a panel discussion, session 56PD, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. Tail risk, long recognized as important to insurance organizations, is being evaluated in a new light, with new approaches. The panelists review various approaches for measuring tail risk and how to price for tail risk using capital-market consistent techniques. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: The author presents the key best practices for the proper use of delegation which may be able to prevent big problems.

Description: Book review of Tim Ferris' book 'The Four Hour Work Week'. A book dealing with managing one's time better and automating tasks best done by computers.

Description: This session at the 2003 Valuation Actuary Symposium discusses asset model validation techniques. Applying the results of a cash-flow testing model to other uses is explored. Also, the proliferation of embedded option derivatives, both on the asset and liability side of the balance sheet, both for pricing and for valuation, are discussed.

Description: Full version of The Stepping Stone Newsletter, January 2007, Issue No. 25 .

Description: Commentary on practical observations resulting from constructing and running Economic Capital models. Possible standardization of assumptions and result interpretation are morphing even though use of E.C. models has now been around for years.

Description: Slides from a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 Panelists build on the paper by Luke N. Girard, Market Value of Insurance Liabilities: Reconciling the Actuarial Appraisal and Option-Pricing Methods, that combines, in one framework, the traditional actuarial appraisal method and option-pricing method.

Description: Commentary on practical observations resulting from constructing and running Economic Capital models. Possible standardization of assumptions and result interpretation are morphing even though use of E.C. models has now been around for years.