Actuarial Notes

What Can Insurers and Pension Funds Learn from Bank Failures: Expert Panel Discussion

By Gwen Weng · Society of Actuaries Research Institute · 2023

Study guide: Exam CP-351

A report, dated April 2023, on an expert panel discussion organized by the SOA Research Institute after the collapse of Silicon Valley Bank and Signature Bank and the takeover of Credit Suisse. It draws lessons for the pension and insurance industries on asset-liability management, rising interest rates, systemic risks, risk management and governance, and adds comments the moderator solicited from industry experts after the discussion.

On the syllabus

Introduction

1 Liquidity and Asset-Liability Management in a Rising Rate Environment

2 Systemic Risks and Contagion

3 Risk Management, Governance, and Regulation

Sources