Value at Risk - (VAR)

Summary: Value-at-risk has received a great deal of attention in recent years as an effective risk management concept.

This session examines the basics, including:

• What is it and how does it work?
• How much and how is it being used?
• What are the pros and cons relative to other risk management techniques?
• What are the likely implications for pension plan funding and investments?

1998 - SOA - Introduction To Value-At-Risk, Society of Actuaries - 26p