Actuaries are taking a new step towards professional risk management. After the U.S. started in 2007 the initiative for this new direction in the actuarial profession, this month the Society of Actuaries (SOA) signed a treaty with 13 other...

We all know the quote 'If you pay peanuts you get monkeys' Unfortunately the opposite is also true: "If you pay bonuses, you get donkeys" There is nothing against an attractive yearly bonus reward, based on challenging but nevertheless realistic...

What's your Risk IQ? In a few minutes you'll know by taking this RISK IQ Test. Actuaries are often born CROs (Chief Risk Officers), so this test will probabely be a peace of cake for any actuary with CRO aspirations..... Simply scroll through the...

As the story goes, insurance began around 1688 at a coffeehouse in London called Lloyds, where shipman discussed and divided their risks. That 'explains' the birth of non life insurance. But what about life insurance? Who developed the first...

Is Market Valuation (MV) the right tool for pension funds? Mid 2009, the new appointed ABP chairman Nijpels and - previously - the ABP CFO ten Damme (picture on the right), stated that the relatively new method of MV is inadequate for pension...