Risk Management and Stress Testing


Updated: Scenario and Stress Testing

The previous Scenario and Stress Testing Pandemic Briefing was issued as a draft in May. Since then, the Working Group has gathered feedback from Members and has updated the document. Please leave all feedback on the discussion forum here.

Risk Management implications of Coronavirus (COVID-19) - for Non-Executive Directors

The health and economic implications of COVID-19 will affect a wide range of businesses and their customers. This briefing is aimed at assisting Non-Executive Directors, particularly in financial services, on the risk management implications of the pandemic. 

Risk Management implications of Coronavirus (COVID-19) - for Management

This briefing aims to assist members advising their employers and clients on the risk management implications of the pandemic. As an actuary employed by a life insurer, general insurer, bank, health fund or superannuation fund, the health and economic implications of the pandemic will impact the organisation as a business as well as the customers of the business. As a consulting actuary the implications will impact the consulting business itself as well as the clients of the business and their customers. Please share feedback on the discussion forum here

Scenario and Stress Testing 

Aims to provide assistance to actuaries on the use of scenario and stress testing to advise financial organisations on the potential impacts of COVID-19. It is a draft discussion note and will be updated as future developments occur. The working group is looking for feedback on the discussion note, including other areas of further development in respect of scenario and stress testing. Members can view the document at the link below and send feedback directly to Paul Nuttall.