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Enterprise Risk Management

Enterprise Risk Management

With the increasing competitiveness in the market insurance organisations have realised the business benefits...

Risk Assessment

To manage risk effectively it is fundamental to understand the adequacy of the control environment to mitigate and transfer risk. 

Risk Profile Monitoring

With the greater emphasis on risk management and how the business model is used to support decision making to...

Model Validation

The relevance of the Internal Model as a whole and each of its components highlights the importance of having a...

Model Change

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.  

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.

Risk Appetite definition

A clear risk bearing definition is a powerful tool to create understanding about how to support business objectives.

ORSA Process and Report

Whereas there is a clear understanding of the ORSA definition across the market, how to reap the benefits of the process and...

ORSA and Internal Model Independent Reviews

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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