RLI News Release: 2-15-2007
February 15, 2007, Atlanta, GA. Risk Lighthouse announces that Karen Pachyn joins the firm as Senior Consultant. Karen Pachyn joins Risk Lighthouse with close to 30 years of pricing experience, primarily in reinsurance. Most recently she was with Swiss Re as a result of the June 2006 acquisition of GE Insurance Solutions. At GE Insurance Solutions, Karen led the team of actuaries responsible for pricing the North American treaty business written by GE Re, the broker arm of GE Insurance Solutions. She also served on the Board of GE Re which wrote $600M of U.S. and Canadian reinsurance business for a variety of national, specialty and regional carriers. Karen joined GE Re in 2001. Prior to that she was with Allstate Re (1982-1996) and Scor Re (1996-2001) where she held a number of positions, eventually becoming Vice President and Chief Actuary for North America, responsible for coordinating all pricing and reserving activities. In addition to her pricing knowledge, she has extensive experience in planning, parameter development, pricing model design and implementation, capital allocation and risk issues and has worked on traditional and non traditional products. She is a Fellow of the Casualty Actuarial Society, a member of the American Academy of Actuaries, a CPCU and has her Associate in Reinsurance. She is a Past President of the Midwest Actuarial Forum, was on the CAS Working Party on Risk Transfer, and has served on several CAS Committees. She is a graduate of Illinois Wesleyan University.
Sept. 29, 2006 -- Dr. Shaun Wang and Mr. Robert Faber presents
"Enterprise Risk Management for P&C Insurers" at the 2006 Midwest
Actuarial Forum, in Madison, Wisconsin
Presentation
Sept. 18, 2006 -- Mr. Robert Faber presents at the 2006 Annual Conference of the National
Risk Retention Association (NRRA).
Presentation
Robert Faber and Shaun Wang have finished the high-profile research project "Enterprise Risk Management for Property-Casualty Insurance Companies" jointly sponsored by ERM Institute International, Casualty Actuarial Society, and Risk Management Section of SOA.The final report has been released.
Final Report
Robert Faber and Shaun Wang are leading a high-profile research project "ERM Analysis of Property-Casualty Insurance Companies" jointly sponsored by ERM Institute International, Casualty Actuarial Society, and Risk Management Section of SOA.
Full story Press release on ERMII.ORG
ERM is the Next Big Thing for Quants
by Dr. Shaun Wang, Chairman of Risk Lighthouse, Inc.
Feature story in the Nov/Dec 2005 issue of
Financial Engineering News
"Enterprise Risk Management (ERM) has grabbed the attention of the business community. Unlike established strains of risk management, ERM is not just about compliance and control, but is more about strategic risk-taking and building an effective organization. At this point in time, corporate strategy and shareholder value initiatives are in need of exactly the tools that are emerging in the ERM discipline."...
Full story
