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With the increasing competitiveness in the market insurance organisations have realised the business benefits...
To manage risk effectively it is fundamental to understand the adequacy of the control environment to mitigate and transfer risk.
With the greater emphasis on risk management and how the business model is used to support decision making to...
The relevance of the Internal Model as a whole and each of its components highlights the importance of having a...
The relevance of the Internal Model as a whole and each of its components highlights the importance of having a proportionate process of assurance demonstrating the adequacy of the Internal Model.
The internal model represents a significant change on focus for the insurance market placing risk management at the centre of day to day business management.
A clear risk bearing definition is a powerful tool to create understanding about how to support business objectives.
Whereas there is a clear understanding of the ORSA definition across the market, how to reap the benefits of the process and...
The insurance industry has undertaken a significant effort to deliver a more transparent business model where decision making, risk and capital are visibly linked.
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