The Actuarial Association of Europe (AAE) has adopted its second European Standard of Actuarial Practice (ESAP2), on Actuarial report under Solvency II.
The fourth and final event of the 2014/2015 Society of Actuaries in Ireland Student Committee was the annual summer BBQ in D2 on Harcourt Street, Dublin.
Owen Kelly-Smiths letter, Cost of Regulation (The Actuary, December 2015, bit.ly/1nbgkh9), calls for a review of the merits, or otherwise, of continuing to be a regulated profession.
I have read Charles Cowlings letter very carefully
(The Actuary, December 2015, bit.ly/1T7XqEa) and, in the spirit of promoting harmony, I would like to highlight a sentence in it with which I agree.
Paul Harwoods article, The Evolution of ERM (The Actuary, June 2015, bit.ly/1QZY73e), discusses how to optimise the second generation of enterprise risk management (ERM), and makes the following statement: In summary, second-generation ERM is about better decision making (BDM ERM), which adds value when its users, primarily boards and managers, are confident that they are overseeing, or making, quality decisions.
