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Systemic Risk
In an excellent paper called 'Defining and Measuring Systemic Risk', professor Sylvester Eijffinger of the Tilburg University discusses actual developments around one of the most interesting risk topics of this moment: systemic risk (not to be confus...
Out of the Box Actuary
So you're one of those rare actuaries who thinks he really can think outside of the box?Well, this is your lucky day. Out of the dark chambers of Actuarial Science, professors developed a brand new test for financial experts like actuaries, to find o...
Insolvency and GDP
Global insolvency rises further in 2009 and will stabilize at a high level in 2010.Those are the main conclusions of the world’s leading credit insurer Euler Hermes. Euler Hermes is forecasting a 33% rise in corporate insolvencies worldwide i...
Actuarial Health Care Reform Puzzle
From a European perspective it's hard to understand why the US Health Care Reform creates such a fuzz.Behind Health Care ReformAt first sight one might think American values were somehow at stake, as UCLA's Dr. Marc Nuwer, a leading expert on nation...
Invest or laugh
Every crisis generates his own new quotes. Currently, investment quotes are the top.Perhaps two of the best investment quotes ever are from AIG Vice Chairman Jacob Frenkel:"The left side of the balance sheet has nothing right and the right side of th...
CERA: Actuaries on a new track
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 internati...

