Strategy

Strategy

A dedicated page for content relevant to (re)insurance professionals with an interest in Strategy

Integrating & Synthesizing New Emerging Risks – Within the ERM Framework

One purpose of enterprise risk management (ERM) is to help (re)insurers determine how much capital is needed to support the risks they assume (subject to risk tolerance). Instead of segmenting portfolios and handling each peril on a standalone basis, a robust ERM methodology would use a holistic approach to risk and capital management where threats are identified and monitored, all action plans are developed and risks are measured...