Latest Actuarial science Stories
HERNDON, Va., Nov. 13, 2012 /PRNewswire/ -- Active Risk announced today that the Federal Aviation Administration (FAA) has purchased further licenses for its award winning Active Risk Manager (ARM) risk management software. After the initial purchase of ARM in late 2011, ARM has now been selected for risk management across the whole range of strategic programs supported by the FAA Project Management Office (PMO). (Logo: http://photos.prnewswire.com/prnh/20120813/PH56355LOGO )...
BEDFORD, Mass., Nov. 13, 2012 /PRNewswire/ -- FirstBest® Systems, Inc., provider of insurance software solutions for global insurance carriers, concluded its first annual customer summit with great success and accolades from its customer community. Focused on the theme "Communicate, Collaborate, and Connect," and hosted in downtown Boston, the late October event drew executive-level participants from FirstBest's entire customer base, providing two packed days of professional...
COVINGTON, La., Nov. 12, 2012 /PRNewswire/ -- Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd., a leader in providing Marine Insurance coverages and services, announced today details of their new $25,000,000 Excess Marine Liability facility for the maritime industry. The insurer for the program is Houston Casualty Company (NYSE:HCC) rated A+ by A.M. Best. The program is designed to write excess marine liability insurance including...
SAN ANTONIO, Nov. 8, 2012 /PRNewswire/ -- EnerJex Resources, Inc. (OTCMarkets: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today that its Board of Directors has authorized the Company to repurchase up to $2.0 million of its shares of common stock. This program is effective immediately and will expire on December 31, 2013. Share repurchases under this program may be made through open market or privately negotiated transactions, at such times and in...
SEATTLE, Nov. 7, 2012 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index, which consists of 100 of the nation's largest defined benefit pension plans. In October, these pensions experienced a $45 billion decrease in funded status based on a $43 billion increase in the pension benefit obligation (PBO) and a $2 billion decrease in assets. The $45 billion decrease wipes out September's...
Fraunhofer-Gesellschaft When there is a power failure, the utility companies, public officials and emergency services must work together quickly. Researchers have created a new planning software product that enables all participants to be better prepared for emergency situations. Power supply is the backbone of our modern economy. Nearly every aspect of life depends on electrically-operated devices. When the flow of power stops, it is not just the lights that go out. In the supermarket,...
BEDFORD, Mass., Nov. 6, 2012 /PRNewswire/ -- Has insurance truly entered a long-awaited hard market? Are carriers now in a position to be more selective about the risks they underwrite, so that they can increase premiums, grow their business and turn a greater profit? In a nutshell, "Yes," found FirstBest® Systems, Inc., provider of insurance software solutions for global insurance carriers, which today announced the findings from an industry survey of insurance carriers primarily...
Phosphorus (P) is both an essential nutrient in agricultural fields and a contributor to poor water quality in surface waters. To encourage improved P management in fields, the P Index was proposed as a risk assessment tool in 1992. After 20 years of use, modifications, and growing pains, does the P Index accurately assess the risk of P loss? A special section being published next month in the Journal of Environmental Quality addresses that question. The collection of papers grew out of a...
VANCOUVER, Nov. 2, 2012 /PRNewswire/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX: GGA) is pleased to announce the appointment of Dustin VanDoorselaere as the Company's Vice President, Operations. Mr. VanDoorselaere brings 17 years of mining experience with a diverse background in both open pit and underground operations in a variety of jurisdictions, including Canada, Australia, Ghana and Mexico. He provides extensive expertise in starting up new mines and...
WASHINGTON, Nov. 1, 2012 /PRNewswire-USNewswire/ -- The nation's capital is likely to face flooding and infrastructure damage in both the short- and long-term brought about by sea level rise (SLR), current trends and predicted increases suggest. The rise is linked to thermal expansion of the oceans and melting of global ice sheets as a result of global warming, researchers say in a new study focused on real-estate property and government infrastructure impacts in Washington, D.C....
