Rethinking risk management

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<abstract displayLabel="Summary">A decade ago I gave a series of talks on the related concepts of the price of risk, the cost of uncertainty and the value of flexibility. Recently these ideas seem to be gaining renewed currency  see John Kay and Mervyn King's recent book Radical Uncertainty and the interview with King in the August edition of The Actuary. And, of course, the COVID-19 pandemic has caused people to reconsider some of the trade-offs we may have taken for granted. What
relevant lessons can we learn from risk management concepts for the radically changed world in which we find ourselves?</abstract>
<note type="statement of responsibility">Colin Wilson</note>
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<title>The Actuary : the magazine of the Institute & Faculty of Actuaries</title>
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<publisher>London :  Redactive Publishing, 2019-</publisher>
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<text>01/10/2020 Número 9 - octubre 2020 , p. 22-23</text>
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