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Reference
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IFoA FRC and Risk Reporting Working Party (2016)
Oil and Gas Case Study
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Executive summary (partial)
"This report is an example of an actuarial risk modelling approach. It is intended as a starting point in a multi-disciplinary approach to risk modelling within an oil & gas company. This report is a case study of the potential major risks faced by an upstream oil and gas production company. The report was produced as a practical example of some of the possible steps the directors of the company could take towards meeting the FRC risk reporting requirements."
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