D1: Risk Reporting

Document description

• The Risk Reporting Working Party seeks to understand risk reporting practices by insurance firms and the working party has developed a framework for analysis
• summarise the current status of various regulatory and external reporting regulations affecting risk reporting and to relate that to current internal management risk reporting practices whether compliance; programmed or non-programmed in nature; and
• provide archival evidence of best practice risk reporting by UK; EU and also (benchmarked non EU) insurance firms in the US and Asia. By analyse the disclosures about risk reported by the sample of global top 25 insurers for each of the years 2006 to 2011 inclusive
• survey best practices reporting by CROS, actuaries, CFOs or nominated risk reporting unit within these organisations
• results of a roundtable discussion with key senior profession members or CROS discussing the evidence arising from the points above.