In Memoriam: Marc Fernet (1936-2022)

Former President Marc Fernet

Marc Fernet, CIA Past President, passed away on October 19 at the age of 86. Although he was known as a man of few words, he was described by some as a “genius” when it came to putting words to paper.

The law of addition

Two women speaking and seeing something in a tablet

The law of addition in leadership, however, says that for every addition you make, the results are multiplied. Leadership “law” also says that subtraction leads to division. That’s the new leadership math.

ISAP 6 and standards for ERM

Mario Robitaille

The Actuarial Standards Board is in the process of adding Part 8000 to the CIA Standards of Practice, which will cover enterprise risk management, and draws from the sixth International Standard of Actuarial Practice.

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