Inter-state conflict is viewed as the number one global risk in terms of likelihood with water crisis such as shortages, floods and quality ranking as highest in terms of impact, according to the World Economic Forum's (WEF) annual survey.
The prospect of changing your modelling platform is seen as a significant task by most capital modellers. Andrew Cox and Cameron Heath show how to have a smooth ride through the process
Proxy techniques have grown in popularity in recent years, with insurers increasingly using them to model the full distribution
of their balance sheet assets and liabilities to support capital calculations. So why use them?
Dr Yulong Zhao talked to Haijing Wang and Wen Li on the background, progress and far-reaching significance of Chinas Risk Oriented Solvency System (C-ROSS) on the Chinese
insurance industry
Actuarial valuations take a bizarrely long time to complete and the process distracts defined benefit pension schemes from real strategic issues, a major consultancy firm warned today.