This article originally appeared on the CIA COVID-19 Hub. To help actuaries consider the impact of COVID-19 on their practice, the CIA hosted a series of webcasts from April to May 2020. Visit the archives below to catch up on any discussions you missed. Webcast archives May 29, 2020 – Actuaries and the consequences of COVID-19 on pension plan investments CIA members discuss...
Questions and answers from April 3 COVID-19 Town Hall now available
This article originally appeared on the CIA COVID-19 Hub. The first COVID-19 Town Hall on April 3 titled “How is COVID-19 impacting the work of actuaries?” was well attended in both languages and we received many questions, several of which we could not answer given the limited time on hand. Below is the round up of questions that were left unanswered during the April 3 Town Hall, with responses...
COVID-19 and the oil shock: the case for a black swan event
By Terence Narine, FCIA The content of this article should not be construed as an actuarial opinion or guidance on actuarial work. I do not have experience in some of the practice areas mentioned in this article, so my comments are made from the perspective of someone outside these areas. A black swan event can be viewed like the 1-in-200-year flood that we risk managers agonize over; a rare...
Mitigating risk while it happens: ERM resources
This article originally appeared on the CIA COVID-19 Hub. There is no better case for the widespread implementation of ERM frameworks in business than the virulence of COVID-19. Generally applied as an approach to mitigate risks before they happen, enterprise risk management might still find relevance as a useful function in minimizing disruption...
COVID-19 Statistics and Analysis – Eckler and QED Actuaries and Consultants
This article originally appeared on the CIA COVID-19 Hub. Eckler and QED Actuaries and Consultants have developed a report that summarizes statistics on the COVID-19 pandemic. This report will be updated as frequently as daily, and the CIA will provide access to the latest version through the COVID-19 Hub under Links and Resources. Working with publicly available data, the...