Document library
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Insurance criteria: evaluating the enterprise risk management practices of insurance companies
With the new risk-management evaluation process described in this paper, risk managment will become a separate, major category of S&P analyses. Best performers in that category will have robust risk-management processes that are carried across the ... read more >>
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RAMP - Analysis and Management for Projects (Handout)
1 RAMP Risk Analysis and Management for Projects By Chris Lewin Agenda How RAMP came about Purpose and scope of RAMP The RAMP process RAMP and financial services RAMP within ERM How actuaries can help RAMP users How RAMP came about Collaboration between ... read more >>
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Catastrophe risk aggregation (Handout)
CATASTROPHE RISK AGGREGATION 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark JB CROZET REEKEN PATEL INTRODUCTION A Stat & A Quote Catastrophe Aggregation Monitoring “quantifying the potential losses from catastrophic events, across ... read more >>
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Reserve ranges - the Australian experience (Handout)
1 33rd ANNUAL GIRO CONVENTION Reserve Ranges the Australian Experience Presented by Scott Collings Hilton Vienna Hotel, Am Stadtpark Accounting Rules Accounting rules require: Central Estimate of liabilities mean of liability distribution Discounted ... read more >>
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Getting to grips with operational risk (slides)
1 Managing and measuring operational risk in an insurance company John Rowland Tillinghast General Insurance Spring Seminar 19-20 May 2003 Scarman House Agenda What is operational risk? Management and control frameworks A stress and ... read more >>
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Practical modelling of operational risk (slides)
1 Practical Modelling of Operational Risk Parit Jakhria, Prudential 06 December 2005 STRUCTURE Background Identification Parameterisation Modelling Monte Carlo Sensitivities Aggregation Background Not an ideal world - Quantifying Operational Risk (OR) ... read more >>
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Implementing an operational risk framework (handouts)
1 Implementing an Operational Risk Framework Brian Rowlands Operational Risk Consulting Ltd Agenda what I m going to cover As advertised, three dimensions: 1. Practical problems with implementing an operational risk framework 2. How to embed the ... read more >>
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Financial risks of climate change (Handout)
1 Financial Risks of Climate Change Dr Sebastian Catovsky Policy Adviser, Natural Perils 32nd Annual GIRO Convention 18 October 2005 Role of Insurance in Weather Protection • Spreading risk • Protection for occasional, unexpected weather • Risk ... read more >>
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Risk management for pension schemes (handout)
1 Risk Management for Pension Schemes Chinu Patel Watson Wyatt LLP 6 June 2005 Brighton Corporate perspective of pension promises has changed Why Solvency problems (equity markets, interest rates, longevity trends, more prescription) Immediate ... read more >>