Climate-related financial risks have emerged as some of the most important topics among risk professionals. While plenty of material has been produced to provide essential learning about the sources and definitions of climate-related risk, a practical climate-risk exercise focused on the Canadian financial system was notably absent. The 2021 Bank of Canada (BoC)/Office of the Superintendent of...
Let’s face it: 2022 has gotten off to a challenging start for many. The effects of the global pandemic are still being felt in many work, home, and life situations. Even those who are back in a regular routine may be fatigued and burned out. These days, it is not uncommon to hear that people are just ‘over it.’ Fed up, frustrated, exhausted, and at the end of their rope. So what do we do now? How...
The CIA is releasing a series of practice resource documents providing information on the foundations of enterprise risk management (ERM). In this episode, Claude Désilets, FCIA and member of the Committee on Enterprise Risk Management, shares what we can expect from the first paper.
Continuing the line of the Canadian Insurance Industry Monthly Aggregate Data Analysis series is the fifth report from the CIA, providing updated data to the end of December 2021. Using aggregate data collected from Canadian life insurance companies, the latest report shows that Canada has experienced five distinct waves of COVID-19 infections and deaths. Data is still being collected for the...
Last year, I recorded a podcast episode with Frank Grossman, discussing a research project he completed looking at ethical concerns within the profession. I’ve known Frank for over thirty years, and I don’t think we have ever had a conversation that lasted less than an hour, so I wasn’t surprised when we continued talking for another forty minutes after the recording was completed.
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