A Risky Business: An Actuary's Guide to Quantifying and Managing Risk in Society

Intangible, invisible and worth trillions, risk is everywhere.

Its quantification and management are key to the success and failure of individuals, businesses and governments. Whether you’re an interested observer or pursuing a career in risk, this book delves into the complex and multi-faceted work that actuaries undertake to quantify, manage and commodify risk—supporting our society and servicing a range of multi-billion-dollar industries.

Starting at the most basic level, this book introdu...