A common risk classification system for the Actuarial Profession
Risk terminology varies from organisation to organisation, and actuaries working in different organisations may use different terms to refer to the same risk, or use the same nomenclature for completely different risks. This paper sets out a classification system developed by the Risk Classification...
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| Veröffentlicht in: | British Actuarial Journal 2013-03, Vol.18 (1), p.91-121 |
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| container_title | British Actuarial Journal |
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| creator | Kelliher, P. O. J. Wilmot, D. Vij, J. Klumpes, P. J. M. |
| description | Risk terminology varies from organisation to organisation, and actuaries working in different organisations may use different terms to refer to the same risk, or use the same nomenclature for completely different risks. This paper sets out a classification system developed by the Risk Classification Working Party for the Profession that can be used as a common reference point for discussing risk. Actuaries will not be required to use this system, but it is hoped that common terminology will reduce the possibility of confusion in discussing risks. |
| doi_str_mv | 10.1017/S1357321712000293 |
| format | Article |
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| identifier | ISSN: 1357-3217 |
| ispartof | British Actuarial Journal, 2013-03, Vol.18 (1), p.91-121 |
| issn | 1357-3217 2044-0456 1748-5002 |
| language | eng |
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| source | Jstor Complete Legacy; Cambridge Journals |
| subjects | Actuaries Classification Costs Enterprise risk management Financial services Insurance industry Liquidity Risk management Sessional meetings: papers and abstracts of discussions Solvency Terminology Underwriting |
| title | A common risk classification system for the Actuarial Profession |
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