Reinsurance and enterprise risk management
Insurers are in the business of aggregating risk. This makes enterprise risk management (ERM) particularly important to insurers. In addition, insurers have an incredibly flexible and powerful tool...
View ArticleTransparency is key to ERM
There are four good reasons to adopt a version of ERM that fits your business; this post is about one of those four reasons - Transparency.
View ArticleDiscipline is key to ERM
Risk management matters the most when it is the most expensive and most difficult. But unless the regular steps of risk management have already become muscle memory, it is much less likely that you...
View Article2017’s most dangerous risks for insurers
We took a list of over 50 risks commonly found on insurer risk registers, and asked, “Which risks present the most danger to your firm in 2017?"
View ArticleAlignment is key to ERM
Risk has traditionally played a minor role in the strategic discussions of many firms. Often, planners get risk out of the way at the very start with a discussion of strengths, weaknesses,...
View ArticleInsurers: Master practical risk management and thrive
Insurers face a critical choice that can separate those that thrive from those that get by. Enterprise risk management (ERM) can be a mere regulatory compliance exercise that satisfies a minimum...
View ArticleAdaptability is key to ERM
Rain doesn’t know how to find the leak in your roof, yet somehow it does. And even if you take good care of your roof, one day the wind will blow from an unusual direction and the rain will find …
View ArticleTop 10 ideas insurers include in their risk appetite
In 2016, Willis Re performed a study of 48 (mostly U.S.-based) insurer risk appetite and tolerance statements.
View ArticleUnlocking resilience: The four ERM keys
“I found that just surviving was a noble fight” – Billy Joel Most companies want to do much better than “just surviving.” But the world is a dangerous and complex place. Surviving itself may be...
View ArticleNew and emerging risks, related risk transfer and financing solutions
New and emerging risks, related risk transfer and financing strategies were topics of discussion presented by Marc Paasch and Derrick Easton from the Alternative Risk Transfer team, and Melena Ortega...
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