Conference On Risk Measurement For Financial Services

October 20, 1997

SCHAUMBURG, Ill. -- Innovative approaches to risk measurement will be discussed by international scholars and business executives at the conference "Integrated Approaches to Risk Measurement in the Financial Services Industry" Dec. 8-9 in Atlanta, Ga.

The conference is being sponsored by the Society of Actuaries. A special Web page giving updates about the conference is posted at www.soa.org in the Research section.

As consolidation within the financial services industry continues, risk measurement becomes more complex. Companies offering multiple types of financial products find that individual products and product groups require different measures for risk. At the same time, each company must manage financial risk for itself as an entity. These companies increasingly seek an integrated approach to risk measurement and management. The Society's conference is intended to stimulate thought and discussion on integrated approaches to risk measurement.

The conference also is timely in light of the Securities and Exchange Commission's new market risk disclosure rules.

Prakash Shimpi, principal of Swiss Re New Markets Corporation, New York, will be guest speaker for the conference dinner on Dec. 8. He will discuss practical consequences of the convergence of insurance and finance. He is a Fellow of the Society of Actuaries.

Speakers and topics for the conference include:

Philippe Artzner, Ph.D., professor of economics and management, Louis Pasteur University, Strasbourg, France, "Coherent Capital Requirements."

Paul Embrechts, Ph.D., professor of mathematics, ETH (Swiss Federal Institute of Technology), and cofounder of RiskLab, a research center for risk management methodology, "VaR: Living on the Edge."

Thomas Ho, Ph.D., executive vice president, BARRA-GAT Inc., New York, "Applying VaR Analytics to the Investment Cycle of an Insurer."

Thomas Linsmeier, C.P.A., Ph.D., assistant professor of accountancy, University of Illinois at Urbana-Champaign, "The Securities and Exchange Commission's New Market Risk Disclosure Rules."

William Panning, Ph.D., executive vice president, Willis Corroon, Nashville, Tenn., "Strategic Uses of VaR: Integrated Risk Management for Property & Casualty Insurers."

Peter Zangari, Ph.D., and Liam Mason, M.S., M.B.A., vice presidents, J.P. Morgan Securities, Inc., New York, "Value at Risk."

In those and other presentations, researchers and audience members can compare, contrast, discuss and propose appropriate risk measures for integrated approaches to risk measurement. The conference is intended for risk measurement and management practitioners in any area of the financial services industry, including insurance, banking, finance and investment.

The conference will be held at the James H. "Sloppy" Floyd Building, 1 Martin Luther King Jr. Drive, Atlanta, Ga., near the Georgia State University campus. The general registration fee is $650. Members of actuarial organizations can attend for $600. Fees increase by $50 for registrations postmarked after Nov. 17, 1997.

A brochure and details are available from the Society of Actuaries' Web site, www.soa.org, in the Continuing Education and Research sections. The brochure also is available from the Society's Continuing Education Department, 847/706-3545 (fax: 847/706-3599), 475 N. Martingale Road, Suite 800, Schaumburg, IL, 60173.

# # #


Society of Actuaries

Related Management Articles from Brightsurf:

Cannabis use for menopause symptom management
CLEVELAND, Ohio (September 28, 2020)--As legislation relaxes regarding cannabis, it is being used to manage numerous chronic health conditions and mood symptoms.

A new strategy for the management of inflammatory pain
A group of researchers from Charité - Universitätsmedizin Berlin has discovered a new mechanism of long-lasting pain relief.

Big ideas in performance management 2.0
Industrial-era performance management paradigms and practices are outdated and ineffective in the modern VUCA work environment.

Water management grows farm profits
A study investigates effects of irrigation management on yield and profit.

What we can learn from Indigenous land management
First Nations peoples' world view and connection to Country provide a rich source of knowledge and innovations for better land and water management policies when Indigenous decision-making is enacted, Australian researchers say.

Study changes guidelines for sepsis management
University of Arizona Health Sciences researcher ends debate among physicians regarding sepsis management.

Native approaches to fire management
In collaboration with tribes in Northern California, researchers examined traditional fire management practices and found that these approaches, if expanded, could strengthen cultures and reduce the risk of catastrophic wildfires in Northern California.

Is wildfire management 'for the birds?'
Spotted owl populations are in decline all along the West Coast, and as climate change increases the risk of large and destructive wildfires in the region, these iconic animals face the real threat of losing even more of their forest habitat.

More woodland management needed to help save dormice
Managing woodlands to a greater extent could help stop the decline of Britain's dormice, new research suggests.

The surgical management of Ebstein anomaly
In the current issue of Cardiovascular Innovations and Applications (Volume3, Number 1, 2018, pp. pp.

Read More: Management News and Management Current Events
Brightsurf.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.