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Some view actuaries as merely highly skilled mathematicians. But if actuaries are recognized as comprehensive problem solvers who apply a broad base of knowledge of economic systems, using mathematical models and techniques to identify, assess, and manage risk, a world of opportunity opens up.
by Paul Richmond
As insurance products get more complex, reserving for them becomes more difficult. But insurers have many options when it comes to calculating economic capital requirements.
by Matthew Clark
Chad Runchey
In 2007, there were a number of important legal developments in Europe that affected casualty insurance and reinsurance companies throughout the Continent—many as the result of EU directives. But common legislation doesn’t always translate into a common legal landscape.
by Davide Lewin
For health underwriters seeking to evaluate risk, medical diagnoses are the gold standard. But there’s a wealth of potentially helpful information lurking in the questions that aren’t being asked.
by Tia Goss Sawhney
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